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
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootThe International Monetary Fund (IMF) has cut back its estimate of global production losses as a result of the COVID-19 pa...Read More
The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world.The belt, better known as the Abitibi, is 150 km in width, and stretches for 650 km from just west of Timmins in Ontario to Chibougamau in Quebec.Explorers started travelling through the Chibougamau wilderness, a territory with abundant fur-bearing animals, fishing and hunting as...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) generated record cash flow of US$76 million during the third quarter, led by strong operating performance across its three operations in Ontario and Mexico.Alamos generated 117,100 oz. gold., and sold 116,035 oz. at an average realized price of US$1,882 per oz., at all-in sustaining costs (AISCs) of US$949 per oz. sold.The resulting record cash flow led the compan...Read More
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world's largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE) on Oct. 28.The Vancouver-based company will maintain its primary listing on the Toronto Stock and a listing on the New York Stock Exchange, Randy Smallwood, Wheaton's president and chief executive, said in an i...Read More
"Believe nothing you hear, and only one half that you see."?EURo Edgar Allan PoeIn Baltimore, October 3rd, 1849, Edgar Allan Poe was found in a gutter.He was dressed in the ill-fitting clothes of a stranger, stinking drunk, and barely holding on to life. He died just a few days later.Considering the famed author's thirst for drink and drugs, it wasn't altogether an unexpected demise.However, it wa...Read More
Mining lawyers say gold price, auto electrification provides spark for dealsRead full newsRead More
Newrange Gold Corp. is pleased to report that the Company is in rRead full newsRead More
Renforth Resources Inc. is pleased to inform shareholders that paRead full newsRead More
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TORead full newsRead More
The enclosed and cramped spaces where miners work likely made it easy for the virus to spread, the Department of Health says.Read full newsRead More
Like a lot of other outdoor pursuits that allow practitioners to socially distance,prospecting has taken off during the pandemic.Read full newsRead More
Vancouver, BC- October 28, 2020 - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW) (the "Company" or "Siyata") is pleased to announce its relationship with Fleet Complete for FirstNet that will help enhance the fleet management and communications solutions for school bus transportation safety within the United States.Fleet Complete for FirstNet offers a fully integrated solution that is specifically des...Read More
Vancouver, BC - Ovation Science Inc. (CSE:OVAT) ("Ovation" or the "Company"), is pleased to announce that its DermSafe (R) Hand Sanitizer Lotion is listed on Amazon.ca. The product listing offered on Amazon.ca and can be purchased by both regular and prime members.To purchase DermSafe: Just search for "DermSafe" in Amazon.ca's search engine or click on www.amazon.ca/shops/dermsafe."We are excited...Read More
The gold price has been falling since hitting an all-time high of $2,085 an ounce. I'd rather buy these dividend-yielding FTSE gold miners instead. The post Tempted by the gold price? I'd consider these 2 dividend-paying FTSE gold miners appeared first on The Motley Fool UK.Read full newsRead More
In addition, investors were worried about the prospect of a contested US election, Reuters reported.The market also awaits news from China's plenum - which will set the country's next five-year plan - which ends today, Marex Spectron's Alastair Munro noted.Gold has dropped US$30 an ounce over the past 24 hours to $1,878 an ounce on the spot market.Base metals except lead closed lower on the London...Read More
Operating profit in Q3 - excluding revaluation of process inventory - was 13% better than consensus forecasts at SEK2,258 million (US$256 million), up from SEK1,635 million (US$185.Read More
(IDEX Online) - Gem Diamonds reported increased sales after its Letseng mine resumed operations and demand for its diamond improved.The London-based miner was hard hit by the coronavirus pandemic and in September it said revenue had slipped from $93.1m in H1 of 2019 to $69.5m.But today's Q3 2020 trading update shows positive cash flow, revenue of $25.6m and much-reduced debt.It achieved highe...Read More
(IDEX Online) - Angola, the world's sixth biggest diamond producer, will open its own bourse by the end of next year.Peter Meeus, the industry veteran who oversaw the establishment of Dubai's bourse and served as its president, is acting as consultant for the project.Diamantino Azevedo, the country' minister of mineral resources and petroleum, pledged that the Angola Diamond E...Read More
(IDEX Online)- Almost all jewelry retailers who sell lab-grown diamonds in the US say their margins are better than with mined gems. And more and more consumers are asking for them.Those are among the key findings of Gaining Critical Mass, a study by US-based MVI Marketing LLC (THE MVEye). Almost four out of 10 independent jewelers are sell lab-growns, says the report, and Signet, the biggest...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.The long-awaited study for the Black Butte project in Montana, held by 85%-owned subsidiary Sandfire Resources America, outlined capital costs of US$274.7 million for an eight-year, 1.Read More