Citing data compiled by S&P Global Market Intelligence, Mazumdar observed that copper exploration budgets in Canada, the USA and Australia saw a significant increase in 2021 to some US$855 million of the $2.3 billion global spend, although the countries are not large copper producers.These three countries have historically attracted 30% of exploration spend, but this has now jumped to 40-45%."...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points in pre-opening trade. Index futures responded to weakness in European equity indices related to the expanding Ukraine conflict. Tensions escalated last night after Russian troops took control of Europe's largest nuclear power complex located in south Ukraine. U.S. equity index futures recovered following rel...Read More
Brazilian president Jair Bolsonaro has reiterated the need to allow mining in the nation's Indigenous territories to strengthen food security, as he expects Russia's ongoing invasion of Ukraine to increase the price of potassium.The far-right leader said that it was important for the country to not depend on foreign nations for commodities available in abundance in Brazil."With the Russia/Ukraine...Read More
From heading towards a more "diversified and less concentrated" supply chain of critical metals to the need for skilled people in the global mining industry, World Bank mining specialist Martin Lokanc believes that the world needs to take a number of crucial steps to successfully transition away from fossil fuels and meet its net-zero goals. Speaking at The Northern Miner's first Global Mining...Read More
Buenaventura (NYSE: BVN), Peru's largest publicly traded precious metals miner, will begin construction on its delayed San Gabriel gold-silver project in the country's southern region of Moquegua in 2023.The company had planned to start site works at the US$328 million project in the second half of 2021 but had to postpone the move and focus on reducing debt first.The needed cash injection came...Read More
Russia's Alrosa (MCX: ALRS), the world's top diamond miner by output, suspended on Friday its membership in the Natural Diamond Council (NDC), a market alliance of the world's leading producers of precious stones.The move comes only a day after the company, which was placed in the U.S. sanctions list, decided to step down from its position as vice chair of the Responsible Jewellery Council (RJC),...Read More
I would love nothing more than to sit here and enumerate to you all of the ways in which the war in Ukraine will affect the economy and your portfolio going forward.But I can't.No one can.And anyone who says otherwise is a liar.Remember, I was one of the few people who actually saw all of this coming.And I don't just mean two weeks ago, when I backed up Luke Burgess' call on triple-digit oil price...Read More
After the war-driven gold rally, oilis starting to outperform. History between these two has already shown thatsomeone may suffer. Many suggest: gold miners.The precious metals corrected some oftheir gains yesterday, but overall, not much changed in them. However, quite a lothappened in crude oil, and in today’s analysis we’ll focus on whatit implies for the precious metals market and,...Read More
After the war-driven gold rally, oilis starting to outperform. History between these two has already shown thatsomeone may suffer. Many suggest: gold miners.The precious metals corrected some oftheir gains yesterday, but overall, not much changed in them. However, quite a lothappened in crude oil, and in today’s analysis we’ll focus on whatit implies for the precious metals market and,...Read More
TAAT #TAATGlobal #TAATGlobalAlternatives #SettiCoscarella #interview #wellness Taat, Taat Global, Taat Global Alternatives, ...Read More
Rover Metals Corp. declared the acquisition of the Tobin Gold Project located in the Mt. Tobin range, present in northern Nevada. The Tobin Project is situated 77 km by road south of the city of Winnemucca, NV, and it is in the heart of a rich gold jurisdiction that has evidenced large consolidation in the last two years.Read full newsRead More
Brunswick Exploration Inc. (Read full newsRead More
It's been a wild ride, eh? Hold onto your butts, we're just getting started.There's a lot of talk about what investors are comfortable with when it comes to market volatility and churn.Even that is buried under the daily "market move" headlines.One day they claim investors seem to be okay with the myriad of risks in the market. The next is a massive sell-off.Risk on, risk off, then risk on with a...Read More
Share this article IHS Markit's forecast sees oil sands production at 3.6 million barrels per day in 2030, nearly 650,000 barrels per day more than in 2021Canada's oil sands sector is poised for a major environmental improvement within the next five years. According to analysis by consultancy IHS Markit, total oil sands greenhouse gas emissions are on track to start going down.This follows more t...Read More
When I first saw this picture, I was thoroughly impressed...The president of Ukraine standing strong in defiance of a bloodthirsty enemy who has already called for his execution. But his thirst for freedom is so unrelenting that he refuses to flee or abandon the people who rely on him to protect their sovereign land. Now, I don't know much about President Volodymyr Zelenskyy, but here's what I do...Read More
A close above $28 constitutes a breakout, and once the silver price is above $30, the next target quickly becomes... by Craig Hemke via Sprott Money NewsAs anyone who has watched the precious metals for any amount of time will tell you, price rallies on geopolitical concerns rarely hold. The same might be true today. However, do not make the mistake of thinking that the current rally in gold and...Read More
Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDEro Copper touts green focus and shareholder returnsSPONSOREDero copperFor C3 Metals, X marks the spotSPONSOREDc3 metalsGreat Panther, great prospectsSPONSOREDgreat pantherJindalee was one of 84 companies to appear on stage at the annual RIU Explorers Conference in Fremantle in February.Read More
US sanctions Russia, including Alrosa and its CEO. No sanctions on doing business with Alrosa but banking system shut down. Significant supply disruptions expected to impact market. Alrosa is the largest rough producer with 2021 sales of 45.5M cts. for $4B, profits of $834M. Diamond trading robust, but sentiment weakened by economic and geopolitical uncertainty. 1 ct. RAPI +5.6% in Feb. despite co...Read More
RAPAPORT... Alrosa has voluntarily stepped down as vice chair of the Responsible Jewellery Council (RJC) in light of Russia's war in Ukraine, the standards authority announced Thursday.The diamond miner will also leave the organization's board of directors temporarily, the RJC noted. The decision was "communicated" to the board during a meeting on Thursday, it added. Alrosa declined to commen...Read More
The first in a series of webinars on the future of diamonds looks at sustainability: What is it, and why does it matter?...RAPAPORT... Sustainability has emerged as a key driver of business strategy in recent years, growing from the need to protect the planet, uplift communities and ensure that products and services make a positive contribution to society. But what is driving this interest? A...Read More