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
Australia's Resolute Mining (LSE: RSG; ASX: RSG) has agreed to sell its Bibiani gold mine in Ghana to China's Chifeng Jilong Gold Mining for US$105 million in cash.The Western Australia-based miner has received a US$5 million deposit upfront, with the remainder expected upon completion of the transaction, which is expected in March 2021.Resolute Mining acquired Bibiani in 2004, but placed it on c...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The agency, using data provided by S&P Global, said some US$458 million was budgeted for exploration in 2020, with spend dominated by the search for copper.Read More
Tax-loss selling comes with a raft of potential benefits, but it nevertheless has some strings attached - deadlines, for example.Read full newsRead More
V ancouver British Columbia - TheNewswire - December 14th, 2020 - Visionary Gold Corp is pleased to provide initial resultsRead full newsRead More
Laurion Mineral Exploration Inc. announces that it has today granRead full newsRead More
TheNewswire - December 14 2020 - Cache Exploration Inc. is pleaseRead full newsRead More
Steppe Gold Ltd. is extremely pleased to announce its plans for aRead full newsRead More
Fandom Sports Media (CSE:FDM) has begun development of application programming interfaces (APIs) for in-game data from Valorant.Read full newsRead More
Shares in digital service provider Gatekeeper Systems (GSI) shot up more than...Read full newsRead More
Loop Insights (MTRX) has released multilingual capabilities for its digital wallet and...Read full newsRead More
Ottawa, Ontario--(Newsfile Corp. - December 14, 2020) - KWESST Micro Systems Inc. (TSXV: KWE) (Read full newsRead More
Tesla Inc. will shut down some production at its Fremont, Calif., factory for 18 days starting Christmas Eve, CNBC reported over the weekend.Read full newsRead More
Crude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment adviceRead full newsRead More
Company said production across all minerals will increase by 14% in 2021.Read full newsRead More
The IEA estimates the cost of an automotive EV battery pack was $293.4/kWh in 2016 but $156/kWh in 2019. Assuming the cost dropped a bit more in 2020, we're sitting at a battery cost of about 50% of a 2016 EV battery's costRead full newsRead More
Dec. 10-A laboratory at a sprawling open-pit gold mine has run into trouble over what inspectors say is a failure to follow hazardous waste rules at the site between Columbia and Charlotte. The Kershaw Mineral Lab has been fined $16,000 for 19 environmental violations, including allowing more hazardous material than is permitted on parts of the property and a failure to conduct proper ...Read full...Read More
Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") is pleased to announce it has received a purchase order of USD $1.6 million for devices within the in-vehicle category of its 4G/LTE portfolio for a leading U.S. cellular carrier. Marc Seelenfreund, CEO of Siyata, stated, "We are very pleased to receive this purchase order which is expected to be fulfilled with...Read More
Company is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name.Read full newsRead More
The MySteel Australian 62% fines were up another 2.66% on Friday to US$154.50/t.Canada-based Black Iron (TSX: BKI) - which is advancing its Shymanivske project in Ukraine - closed up 37.1% in Toronto, despite no news since October.Meanwhile a deadline has been shifted in Brexit trade talks, and US president Donald Trump continues to protest the election result.Market futures were mixed.The gold pr...Read More
The company has said Tamarack was positioned to become the only US source of "green nickel", following Tesla's call for clean nickel and the expected growing demand for the battery mineral.Talon said the over-allotment option for its offering, also priced at 30c per share, was exercised in full.Talon can acquire up to 60% of Rio Tinto's Tamarack, after turning down the option to purchase Rio subsi...Read More