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
There's an interesting truth about the price of gold.Read full newsRead More
While you might not strike rich, you can enjoy the great outdoors and take part in a historic Colorado pastime by gold panning along the river.Read full newsRead More
There's an interesting truth about the price of gold.Read full newsRead More
The company entered into an agreement with Stifel GMP and Clarus Securities Inc to arrange the sale of 18.5 million units at $2.45 per unit.Read More
Share this article TORONTO - Canadian miner TMAC Resources Inc. says a national security review under the Investment Canada Act of its sale to China's Shandong Gold Mining Co., Ltd., has been extended by 45 days.Shandong announced a deal in May to buy TMAC, owner of the Hope Bay gold mining project in Nunavut, for $230 million.The friendly deal has received Chinese regulatory approvals and TMAC s...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsDigbee talks the rebirth of independent investment researchSPONSOREDdigbee'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningWhile one would not expect the list to be thronging with millennials, the fact a mere two of the individuals...Read More
Earlier this week U.S. President-elect Joseph R. Biden Jr. named his first round of cabinet nominations, choosing Janet Yellen as his Treasury secretary. If confirmed, Yellen will be the first woman to head the treasury department in its 231-year history.Yellen is well qualified for the job with roughly thirty years of policy making under her belt. She was chairwoman of the U.S. Federal Reserve fr...Read More
HighGold Mining (TSXV: HIGH; US-OTC: HGGOF) has released the latest results from its 2020 drill program at its flagship Johnson Tract (JT) poly-metallic project in Alaska, about 200 km southwest of Anchorage.Assays for four drill holes, including additional step-outs from the main JT deposit, were reported. Highlights included drill hole JT20-106, which intersected 22.8 metres grading 3.2 grams g...Read More
Northern Dynasty (TSX: NDM; NYSE: NAK) announced this week that its 100%-owned, U.S.-based subsidiary Pebble Limited Partnership, received formal notification from the U.S. Army Corps of Engineers (USACE) that its application for permits under the Clean Water Act and other federal statutes have been denied.The lead federal regulator found Pebble's "compensatory mitigation plan" submitted earlier t...Read More
BHP (NYSE: BHP; LSE: BHP) plans to ramp up work at the ongoing US$2.5 billion expansion of its Spence copper mine in Chile, as measures taken to stop the spread of Covid-19 this year set back completion of the project.The world's biggest miner said it will speed up construction at Spence in December, with first production expected in the first half of 2021.Mia Gous, Spence's mine general manager...Read More
The European Union has launched an initiative that seeks to secure access to a total of 30 critical raw materials by increasing domestic production and promoting recycling of vital elements, particularly rare earths.The European Raw Materials Alliance (ERMA), a partnership of over 300 companies, business associations and governments, will initially focus on breaking Europe's dependence on inputs...Read More
So much of the fight over the 5G rollout is politicized.The USA pressures Canada to arrest a Huawei executive. It pressures allies, large and small, worldwide to avoid Chinese 5G tech with carrots and sticks. All of that gets rolled into an anti-China agenda. Talking heads talk about overreach and hidden threats.The simple fact of the matter is that it should be a grave concern. The USA knows why....Read More
Sienna Resources Inc. wishes to announce that the Company has joiRead full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
This year's dawning winter rally has great upside potential after the gold and gold stock corrections run their courses.Read full newsRead More
In a day that's often good for gold and mining stocks, investors are selling everything.Read full newsRead More
Comet Resources Ltd (ASX:CRL) is pleased to provide an update on the Barraba Copper Project located in the New England area of NSW, approximately 550km north of Sydney.Read full newsRead More
Equity Metals Corporation reported today that it has mobilized crRead full newsRead More
New shares priced at 24c will be issued to undisclosed institutions to raise $30 million and a shareholder share purchase plan is seeking another $3 million.Read More
The sale price equates to US$470,000 per carat, according to analysts at SP Angel. SP Angel said the high price "underlines the scarcity of the production of these gemstones".Read More