The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
A.I.S. Resources Limited announces that Derek Reeves, senior geopRead full newsRead More
Getchell Gold Corp. wishes to convey a message from Mike Sieb, PrRead full newsRead More
LaSalle Exploration Corp. is pleased to announce that it hasRead full newsRead More
K9 Gold Corp. is pleased to provide this year-end review of exploRead full newsRead More
Outback Goldfields Corp. (formerly, Skarb Exploration Corp.) (theRead full newsRead More
Investments in oil and gas offshore Norway are set to decline by 4.2 percent next year compared to 2020, a smaller drop than what the industry feared in early 2020Read full newsRead More
PHOENIX - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") is pleased to announce it has completed the sale and leaseback of its cultivation and production facilities in Olympia, WA and Georgetown, MA (the "Transaction") with an affiliate of Innovative Industrial Properties, Inc., (NYSE: IIPR) ("IIP").This previously announced transaction generated proceeds of US$33 mil...Read More
Gold may be a lucrative opportunity, but it's not the only metal that investors should consider.Read full newsRead More
Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(CSE: SSVR, OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce additional high-grade silver-gold intersections from the Hughes Property in central Nevada. These results spanning across 3.5 km confirm the considerable geologic potential of the project while the new Ruby Discovery represents a 1.3 km step-out from the historic...Read More
POSCO will pay A8.2c per share in its Black Rock investment. The investment was expected after the two companies signed a strategic alliance back in June.Read More
Share this article TORONTO - Victoria Gold will be added to the VanEck Vectors Junior Gold Miners ETF after the close of markets on December 18, 2020.Mr. John McConnell, President and CEO commented, "Inclusion in the GDXJ is a noteworthy milestone for Victoria as it is an indication of the Company's ongoing growth. Graduating to the Toronto Stock Exchange earlier this year along with becoming a c...Read More
Share this article MONTREAL - Dundee Sustainable Technologies Inc., (CSE: DST) announced that it has entered into a Technology Transfer Licensing Agreement with Newmont Corporation (NYSE: NEM, TSX: NGT) for the utilization of DST's cyanide-free gold extraction, known as the CLEVR Process?,,?."We are very pleased to announce this agreement with Newmont which is the culmination of much work and dia...Read More
(IDEX Online) - The Dubai Diamond Exchange sold $87.5m of gems at the UAE's largest ever rough tender.More than 250 companies took part, with delegates flying in from India, Hong Kong, Russia, Belgium and Lebanon, as well as Israel, now that links have been "normalized".Organizers said the record-breaking tender testament to strength of Dubai's diamond ecosystem and confidence boost for...Read More
(IDEX Online) - De Beers sold $440m of rough in December, indicating a sustained recovery in consumer demand.It's the fourth consecutive month in which 2020 Sights have matched or surpassed their 2019 equivalents.De Beers welcomed the steady demand for its goods, but cautioned that the ongoing pandemic still posed a threat. The miner started offering discounts and extra flexibility to Si...Read More
(IDEX Online) - Staff at some Pandora at some franchises in Australia and New Zealand were told not to call in sick over the three-week Christmas period.Boss Joseph Howley (pictured in screengrab) told them in a video message that it was going to be "very busy" and they shouldn't call in sick or cancel shifts."You are very important to this business," he tells employees of The Howley Group, w...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipBardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resourcesA private Denver, Colorado-based concern GRG International Corp reported this week it had completed the sale of 187 minin...Read More
Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldDrill results multiply value options in front of YandalSPONSOREDyandal resources'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningOceanaGold commits to net zero emissions by 2050SPONSOREDoceanagoldOver the year to June, advanced country GDP plummeted 12%. Aside from a near 5% fall dur...Read More
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) will in January submit its request for an appeal of the U.S. Army Corps of Engineers' (USACE's) negative record of decision (RoD) for its Alaska's Pebble copper-gold-molybdenum-silver project.The company said it would argue that the USACE's mitigation requirements for Pebble were contrary to policy and precedent in Alaska and that the agency's reject...Read More
Quebec-based Cartier Resources (TSXV: ECR) has released an initial underground resource estimate for the Pusticamica deposit at its road-accessible Benoist property, 65 km northeast of Lebel-sur-Quevillon.The gold-copper-silver deposit is host to 1.5 million indicated tonnes at 2.57 grams gold per tonne, 0.19% copper and 8.37 grams silver per tonne (2.87 grams gold-equivalent per tonne), for a tot...Read More
Pretium Resources' (TSX: PVG; NYSE: PVG) 25,350-metre 2020 exploration program has led to the discovery of a new zone of epithermal-style gold mineralization, the Hanging Glacier zone.The gold producer has released the results of its 2020 grassroots exploration program completed within the 1,200-sq.-km land package around the Brucejack underground mine.The Hanging Glacier zone is made up of two ar...Read More