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
Egypt-focused gold miner Centamin (TSX: CEE; LON: CEY) has announced that its total output targets for 2020 will be affected by safety-related delays at its flagship Sukari mine in Egypt.The company said radar systems detected a movement in Sukari's open pit Stage 4 West wall, which prompted it to immediately defer open-pit mining operations in that zone. Work in the area was scheduled to start du...Read More
Scoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.Production at Collahuasi increased 18.8% to 60,000t. However, output at the BHP-controlled Escondida fell 11.1% to 92,200t from 103,700t in the prior year period and the Esperanza (Antofagasta Minerals) and Spence (BHP) mines also experienced double-digit falls.State copper company Codelco produced 154,t tonnes...Read More
For almost two years now I've been making the case for facial recognition, or "Stealth ID" technology.This is software that can be used in cameras, or even digital advertisements, to identify known criminals, or in some cases in-progress crimes.More than that, it's now being used to scan crowds for potential COVID-19 carriers and help alert those who may have come in contact with them. And it's a...Read More
Humans have always counted on solidarity - and solidity - for survival.You've no doubt been inundated this morning with stories of President Donald Trump's overnight diagnosis. So have I.And with this "breaking" story in its beak, the news cycle is busy chomping its way through sensational headlines. The markets are reeling and they're likely to flop around for a while.But the things on my mind t...Read More
iMetal Resources Inc. (TSXV:IMR) (OTCBB: ADTFF) (FRANKFURT: A7V2) (Read full newsRead More
Donaldson Brohman Martin, CPA Inc. (Read full newsRead More
TSX - V: LMS ) provides an update on the resumption of exploratioRead full newsRead More
Sienna Resources Inc. is pleased to announce it has commenced opeRead full newsRead More
VANCOUVER, British Columbia, Oct.01, 2020(GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. ("Mission Ready" or the "Company") (TSXV: MRS) is pleased to...Read full newsRead More
Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to Proof-of-Work and mining pools.Read full newsRead More
Montr?(C)al, QC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW / TSX-V:SIM / FRA: WK3D) (the "Company" or "Siyata") announces that it will publish results on or before October 13, 2020 to coincide with the financial filings for Q2 on the NASDAQ.The Company wishes to provide an update with respect to the filing of the interim financial statements and related MD&A with respect to the interim period e...Read More
September 29, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / September 29, 2020 / First Mining Gold Corp. (Read full newsRead More
As ongoing uncertainty sends gold prices spiking to record levels, which mines are producing the highest quantities of the precious commodity each year?Read full newsRead More
Cash copper rose 1.4% on the London Metal Exchange to US$6,668 per tonne, while on Comex, copper futures for December delivery are above $3 per pound.Iron ore has also strengthened, with MySteel 62% fines up 3.8% to $123.45/t, after Vale announced another production setback this week of about 11,000t per day.The Brazil-based miner said it was suspending concentrate production at its Viga mine...Read More
It had earlier more than doubled the size of a planned $21 million raising and closed the third tranche priced at $1.30 per unit yesterday, with the proceeds to fast-track its Lawyers gold-silver project in British Columbia towards a production decision in 2022."The size of this offering ranks among the top 10 equity financings of the year on the TSX Venture Exchange, with key support from several...Read More
Share this article VANCOUVER - GoldMining Inc. (TSX: GOLD; OTCQX: GLDLF) has been approved for listing and trading on the NYSE American. The Company expects that its Common Shares will commence trading at market open on the NYSE American on October 6, 2020 under the symbol "GLDG" and will be delisted from the OTCQX.The Common Shares will continue to trade on the Toronto Stock Exchange under the t...Read More
(IDEX Online) - An exceptional 119-carat untreated royal blue Burmese sapphire is to be sold by Sotheby's.The auction house says it's the largest sapphire of its kind it has ever offered.The legendary Rockefeller Sapphire, which is half the size, sold for $3m in 2001. The 62.02 carat rectangular step cut stone was bought in 1934 by the billionaire John D. Rockefeller Jr from an Indian Ma...Read More
(IDEX Online) - Diamond factories will remain open in Surat, India, over the Diwali, the Hindu festival of light, to fulfil export orders.Manufacturers in the world's cutting and polishing capital say they can't afford to turn away business and take the traditional two-to-four-week break.An estimated 650,000 artisans will carry on working over the festive period (Diwali is 14 November th...Read More
(IDEX Online) - Jewelry sales in Hong Kong continue to suffer from the pandemic and quarantine restrictions, but August's slide was less dramatic than recent months.Revenue from jewelry, watches, clocks and other valuable gifts was down 38 per cent year-on-year to $317.5m according to figures published yesterday by the Hong Kong Census and Statistics Department (there is no further breakdown...Read More