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
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 2050SPONSOREDoceanagoldThe pair first entered into negotiations in 2016 following CMOC's $2.65 billion purchase...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.It also provided a production outlook to 2023, with the biggest increase seen in copper from 640,000-650,000t this year to 890,000t-1 million tonnes in 2023, once its 60:40 Quellaveco copper joint venture with Mitsubishi in Peru has come online."We expect to deliver sector leading volume growth of 20-25% over t...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 2050SPONSOREDoceanagoldShareholders, naturally, will be demanding fatter payouts when full and half-year result...Read More
Cameco (TSX: CCO; NYSE: CCJ) announced today that it will temporarily suspend production at its Cigar Lake uranium mine in northern Saskatchewan over the coming weeks due to the increasing risks posed by the Covid-19 pandemic."The safety of our workers, their families and communities is our top priority," Tim Gitzel, Cameco's president and CEO, stated in a news release. "We have had six positiv...Read More
Developer Battle North Gold (TSX: BNAU; US-OTC: BNAUF) has released a resource estimate for the McFinley zone, located along a 4-km long corridor stretching out from the F2 gold deposit at its Bateman gold project in Red Lake.The resource features 205,700 measured and indicated tonnes grading 6.04 grams gold per tonne, totalling 40,000 gold oz., and 259,300 inferred tonnes at 8.53 grams gold per t...Read More
O3 Mining (TSXV: OIII) has released the results of a preliminary economic assessment on its Garrison gold project in Ontario's Kirkland Lake region. The study suggests a 'low capital intensity', 12-year, 11,000 tonne per day open pit operation with carbon-in-leach (CIL) processing.The proposed mine would generate an average of 121,000 gold oz. annually in its first eight years, with life-of-mine a...Read More
Chile's Codelco, the world's largest copper producer, has outlined sustainability plans in five areas of action for its operations and projects, including goals to cut carbon emissions by 70%, reduce inland water consumption by 60% and recycling 65% of its industrial waste by 2030.The state-owned miner, which in 2017 planned to sell "green copper" at a premium price to customers using more sustai...Read More
What a Leap Year it has been! Quite apart from Brexit in Europe, a chaotic Presidential election in the United States and Covid-19 everywhere, we have uncertainty over the price direction of gold as this horrid year draws to a close.I am neither a chartist nor a particular exponent of gold, but I can't see any concern about the precious metal's price direction - at least not yet. The reason has mu...Read More
The S&P/TSX Venture Composite Index rose 1.46% (11.19 points) to finish the Dec. 7-11 trading week at 780.30. Spot gold dropped US$24.50 per oz. (1.31%) to US$1,839.50 per ounce.Shares of Whitehorse Gold surged $1.50 to $3.28 per share on a strong intercept from its 2020 drill program at its wholly owned Skukum gold project in the Yukon. Drillhole SC20-001 returned 8.07 metres (true width) grading...Read More
Share this article LONGUEUIL - Reunion Gold Corporation (TSX-V: RGD) announced assay results from its recently completed 2020 drilling program on the Crique Filon prospect within the Boulanger Project in French Guiana.?EURRead More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The company recently completed preliminary economic assessments on its three potential expansions and plans to advance these to pre-feasibility studies in 2021, which will be key for it to determineRead More
Hit the road for an adventure with access to Outdoorsy's RV rental marketplace in Canada and the US, where it connects RV owners with campers.Read full newsRead More
Demand for commodities, tangible assets and the companies that mine, manufacture and transport them is about to blow sky-high predicts, Steen Jakobsen.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More
(IDEX Online) - Distiller Jack Daniel's has launched a range of men's wedding rings, incorporating wood from the oak barrels used to age its whiskey, and costing up to $5,000.It is partnering with Manly Bands, which already offers a range of over 300 rings made from damascus steel, antler, meteorite, tungsten, dinosaur bone and other non-traditional materials.The range of 17 rings in the...Read More
(IDEX Online) - Sales of diamond jewelry in India are recovering and could reach 85 per cent of last year, despite the pandemic, says De Beers.A surge over the Diwali period, together with strong performances early in 2020 before COVID-19 hit, will largely make up for the second-quarter "washout", said De Beers India managing director Sachin Jain."We saw very high surge in number of consumers with...Read More
(IDEX Online) - The cost of crime against jewelers in the US almost doubled in 2019.But the actual number of thefts, burglaries and robberies was virtually unchanged at 1,438, indicating a steep rise in the value of goods taken in each crime.The total cost last year was ?, ?101m, up 89 per cent, according to the Jewelers Security Alliance's (JSA) Annual Crime Report.The average loss from soph...Read More
Uber Eats has hundreds of restaurants to choose from. Just open the app and scroll through for inspiration or search for a particular restaurant or cuisine.Read full newsRead More
Cactus Club Cafe is offering Holiday Specials for take out, where you can enjoy a combination of signature Cactus dishes from the comfort of home.Read full newsRead More
The headlong rush for that gold is one of the ugliest market forces in the world.Read full newsRead More