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
Mining - more than most industries - relies heavily on infrastructure and institutions at locations where operations are based.The ongoing political chaos in Kyrgyzstan, which saw thousands take to the streets in protest of the nation's parliamentary elections that kept President Sooronbai Jeenbekov in power, underscores the type of risks posed to those invested in the regions and highlights...Read More
Australia's Lucapa Diamond (ASX: LOM) is restarting operations at its Mothae mine in Lesotho, Africa, which had been halted since late March to help curb the spread of the coronavirus.The Perth-based company said it plans to escalate operations at the mine to 75% capacity as some Covid-19 restrictions remain in place.Commercial production at Mothae, which the Perth-based company acquired in...Read More
Slovakia's InoBat Auto has unveiled what it claims is the world's first "intelligent" electric vehicle battery, said to beat competitors' with a higher energy density and an increase in operational range of 20%.The company's Gen1 lithium battery, ready after just a year of research and development, combines Artificial Intelligence (AI) and High Throughput (HTP) technology. It also contains less co...Read More
Chile's SQM (NYSE: SQM), the world's second largest lithium producer, will voluntarily cut its use of fresh water and brine from the Atacama desert to mitigate the overall impact of its operations in one of the driest places in the world.The company, which produces lithium by pumping brine from beneath the desert and concentrating it through evaporation in pools, has committed to reduce its use...Read More
Drilling aims to convert inferred resources to indicated resources in project areas with thick, high-grade zones of mineralisation and to test for extensions of zinc and silver mineralisation down-dipRead More
"We have two ears and one tongue so that we would listen more and talk less."- Diogenes the CynicIt's awfully easy to get stuck deep in your own head when you're a writer. I tend to hunker down with my eyes on the screen and try to cut out the rest of the world entirely. Once my research is done I rarely seek anyone else's opinion once my mind is set on something.That's no way to live. In order to...Read More
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DIRead full newsRead More
Maple Gold Mines Ltd. is pleased to announce the signing of a BinRead full newsRead More
Nexus Gold Corp. is pleased to announce it has engaged Forage TecRead full newsRead More
Sentinel Resources Corp. is pleased to announce that its common sRead full newsRead More
ALX Resources Corp. is pleased to announce that a follow-up prospRead full newsRead More
The last time we caught up with Peter Ball, President & CEO of NV Gold (NVX.V), we were zooming in on the Exodus gold property in British Columbia which the ...Read full newsRead More
VANCOUVER, British Columbia, Oct.08, 2020(GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. ("Mission Ready" or the "Company") (TSXV: MRS) is pleased to...Read full newsRead More
Australian gold miner Northern Star Resources on Tuesday offered to buy smaller peer Saracen Mineral Holdings in an agreed A$5.76 billion ($4.14 billion) deal that will create a global top-10 gold miner by market value.Read full newsRead More
Australian gold miner Northern Star Resources on Tuesday offered to buy smaller peer Saracen Mineral Holdings in an agreed A$5.76 billion ($4.14 billion) deal that will create a global top-10 gold miner by market value.Read full newsRead More
Vancouver, BC, Canada, October 7, 2020 - LEAF Mobile Inc. (TSX.V : LEAF) ("LEAF" or the "Company") announces that it has entered into a letter of intent (the "LOI") dated October 6, 2020 with East Side Games Inc. ("East Side Games").AcquisitionPursuant to the LOI, LEAF will acquire all of the securities of East Side Games (the "Acquisition") for $150 million (the "Purchase Price"), the payment...Read More
Brexit talks continue ahead of an October 15 deadline for a trade deal and China returns from a week-long holiday tomorrow.Gold is similar to this point yesterday, at $1,887 an ounce on the spot market, while US Global Investors CEO Frank Holmes has reportedly maintained his prediction of $4,000/oz.Junior Troubadour Resources (TSXV: TR) was the standout in Toronto.The company closed up 128.6% to C...Read More
German fertilizer producer K+S AG has sold its Americas salt unit to the Kissner Group for US$3.2 billion, a move that would provide the company with funds to pay down debt.The sale of Morton Salt comes a decade after K+S acquired it for US$1.7 billion. It was triggered by a drop in potash prices, which undermined the debt-financing of the company's new potash mine in Canada, called Bethune.The pr...Read More
Starting on Canada's west coast, Dolly Varden Silver (TSXV:DV) said step-out drilling from the current resource at the brownfields Torbit mine in British Columbia had intersected several high-gradeRead More
Copper production at CAML's Kounrad mine in Kazakhstan was down 3.9% year-on-year but the 3,993 tonne total was ahead of analyst expectations.Read More