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
Solaris Resources (TSXV: SLS) has reported assay results for the second and third drill holes completed as part of a 40,000-metre drill program at its Warinzta project in southeastern Ecuador. The program is the first drill campaign in 20 years at the 268-sq.-km project.Hole SLS-02 hit 660 metres of 0.97% copper-equivalent (0.79% copper, 0.03% molybdenum, and 0.1 gram gold per tonne) starting at s...Read More
Lion Battery Technologies is pushing forward with plans to develop lithium-ion batteries that use platinum and palladium to enhance battery performance.The company was formed as a joint venture between Platinum Group Metals (TSX: PTM; NYSE: PLG) and Anglo American Platinum (US-OTC: ANGPY), the world's largest producer of platinum group metals (PGMs), and aims to accelerate the development of n...Read More
This week's episode features DeepGreen Metals chairman and CEO Gerard Barron, who discusses the merits of deep-sea mining as an environmentally-friendly method of resource extraction. Gerard talks about his previous investment in Nautilus Minerals, the strategy behind mining polymetallic nodules, and what it's like to deal with the International Seabed Authority and the United Nations on mining pr...Read More
GR Silver Mining (TSXV: GRSL; US-OTC: GRSLF) has discovered high-grade polymetallic disseminated and massive sulphide-rich mineralization during initial underground channel sampling on the lower level of the historic Plomosas mine at its Plomosas silver project in Mexico's Sinaloa state.GR Silver says assay results from one of the saw channel samples returned 16 metres of 90 grams silver per tonne...Read More
Jervois Mining (TSXV: JRV; US-OTC: JRVMF) is buying a nickel and cobalt refinery in Brazil from Companhia Brasileira de Alum?-nio for 125 million reals (US$22.1 million) in an effort to transform the company into a producer and refiner of battery metals.The miner said the S??o Miguel Paulista refinery in S??o Paulo had a production capacity of 25,000 tonnes per year nickel and 2,000 tonnes per yea...Read More
Tesla recharges the global battery industry but simplistic presentation causes chaosBattery-metal explorers and producers ought to coin a new (transitive) verb; "to Musk" is to confuse a science that is already complicated. Lithium developers, in particular, have been 'musked' since Tesla's Battery Day on Sept. 22.As already reported in The Northern Miner, there has been an incredibly diverse resp...Read More
Authorities in Queensland have granted Pembroke Resources a mining lease for its A$1 billion (US$710 million) Olive Downs mine, which is poised to become the state's third-largest coal operation.The mine, 40 km south of Moranbah in the Bowen Basin, will have a productive life of 80 years and will create 1,000 jobs, according to Annastacia Palaszczuk, Queensland's premier and trade minister.Core co...Read More
Raymond James has raised its average silver price forecasts for 2021 to US$25 per oz., up 37.9% from its previous estimate, and to US$22.50 per oz. in 2022, a 25% increase.For the remainder of this year, the financial services firm forecasts an average silver price of US$25 per oz. in the third quarter and US$26 per oz. in the fourth quarter, for a full-year average of US$21.07 per ounce."Our pric...Read More
For years upon years, a handful of traders knew something fishy was going on in the futures market.Now, with the biggest penalty ever for this kind of illegal activity just announced, we're finally getting an idea of the scale of it, and it is shocking.JP Morgan is going to pay $920 million and is admitting wrongdoing for tens of trillions of dollars' worth of transactions, which number over 50,00...Read More
Rio Silver Inc. (TSXV:RYO) wishes to confirm that the company's mRead full newsRead More
Straightup Resources (CSE:ST) is pleased to announce that, further to its news release dated September 9, 2020, Clark Exploration and Consulting has commenced compilation and reinterpretation work of all of the available historical data on the Company's Belanger gold property located in the Red Lake District, Ontario.Read full newsRead More
Renforth Resources Inc. is pleased to inform shareholders that ReRead full newsRead More
Brigadier Gold Limited is pleased to announce the first ever diamRead full newsRead More
FenixOro Gold Corp is pleased to announce that the Company's shRead full newsRead More
Searchlight Resources Inc. is pleased to announce the staking ofRead full newsRead More
TORONTO, Sept.28, 2020(GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleased to announce that the Company's shares...Read full newsRead More
Old Man Winter is coming. Read full newsRead More
Top Gold Stocks To Watch Sep 25, 2020 (GoldStocks.com via COMTEX) --In 2020, investors have had a great focus on gold stocks. Gold companies are generally...Read full newsRead More
Gold on the weekly price chart looks like this: The price remains in an uptrend despite this week's sell-off - at least, on the weekly time frame.Read full newsRead More
Share this articleCleveland-Cliffs is making its second billion-dollar acquisition in less than a year with the purchase of steel maker ArcelorMittal's U.S. business for about $1.4 billion in cash and stock.About a third of the deal will be an up front cash payment of about $505 million, the companies said Monday. ArcelorMittal, based in Luxembourg, will also receive stock in Cleveland-Cliffs valu...Read More