Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
The next "boom" in the mining industry is going to be in recovery technology, as companies focus on making the most out of existing resources, says Ana Cabral-Gardner, co-CEO of Sigma Lithium (TSXV: SGML; NASDAQ: SGML), which is developing the large Grota do Cirilo lithium project in Brazil. While investing in technology that improves recoveries and allows existing resources to produce more may n...Read More
Nunavik-based Raglan mine, owned by Glencore (LSE: GLEN), has asked Quebec's Ministry of Labour, Employment and Social Solidarity to appoint an independent mediator to facilitate discussions with the mine's union after workers voted in favour of a strike mandate. Nearly 98% of the 630 workers from the United Steelworkers Union, Local 9449, voted in favour of a strike action, the union said in a...Read More
Analysts expect slowing Chinese GDP growth to weigh on most metals prices in the near term. However, they also note strong fundamentals providing optimism for metal prices to see some revival in the second half of 2022.While metals prices remain highly sensitive to developments in China, the world's largest metal producer and consumer, Fitch Solutions' Country Risk team has flagged increased downs...Read More
Equinox Gold (TSX: EQX) and Sandstorm Gold (TSX: SSL; NYSE: SAND) are creating a new diversified metals royalty company - Sandbox Royalties - which will combine assets in the Americas and Europe.The US$93.4-million transaction will see the two Canadian gold producers sell a portfolio of royalties to privately-held Rosadale Resources. Equinox Gold is offloading royalties worth US$28.4 million in co...Read More
Over two weeks in late May into early June, three important mining districts are going to the polls, with mining and climate change set to influence outcomes to varying degrees.At press time, a federal election in mining-friendly Australia had already taken place. On May 21, Aussies chose a new government under Labour Party leader Anthony Albanese. The centre-left Albanese replaces Scott Morrison,...Read More
Toronto-headquartered exploration company, Arizona Metals Corp (TSX.V:AMC, OTCQX:AZMCF), has received permit approval from the US Bureau of Land Management (BLM) for a seventh drill pad, located west of its promising precious and base metals Kay deposit, located in Yavapai, about a one hour drive from Phoenix, Arizona.This new pad, situated approximately 200m west of the Kay deposit, will allow fo...Read More
Azure Minerals managing director Tony Rovira outlines the district potential and provides an update on the "mine in the making" at the flagship Andover nickel-copper-cobalt project in Western Australia, where a two-pronged approach to development is underway.Read More
Location is key for success in many undertakings. In real estate it is the only consideration.In gold exploration, the best location to look for is where there are other gold deposits and mines. There are several hot spots in Canada such as Ontario's Red Lake Gold District, the Abitibi Greenstone Gold Belt in Quebec or the Golden Triangle region in British Columbia. Merger and acquisition activit...Read More
The Chinese aluminum juggernaut has run out of momentum and smelters in Europe are powering down, writes Andy Home.Read full newsRead More
Copper is one of our most important metals with more than 20 million tonnes consumed each year across a variety of industries, including building construction (wiring & piping,) power generation/ transmission, and electronic product manufacturing. The red metal is also a key component in transportation; electric vehicles use about four times as much copper as regular internal combustion engine...Read More
Signs are pointing to gold’s May rallyrunning out of steam as the USDX reaches its short-term bottom. But how muchstamina is left in the yellow metal?Another day, another higher close in thejunior miners. And another day where profits on our long positions in thelatter increased. There is a sign that the rally in the precious metals sectoris close to being over.That sign is the situation in...Read More
The overwhelming majority of the market and even precious metals investors still don't understand what the world is facing... by Steve St Angelo of SRSrocco ReportThe Global Market isn't prepared for the coming economic collapse as we head over the Energy Cliff. Even with a falling stock market, many institutions and investors are still buying the dip. This is insane because investors should...Read More
This video looks at the details of Barrick's Q1/22 results, including production, realized gold prices, all-in-sustaining costs (AISC), ...Read More
Read our weekly roundup to learn more https://www.canadianminingreport.com/news/custom/Volatility+Continues.Read More
Read our weekly roundup to learn more ...Read More
This video looks at the performance since 2021 of the copper price and the largest listed copper stocks listed on the TSXV.Read More
This video looks at the leading global gold producers as of 2021 and traces their share of world output back to 1970.Read More
This video looks at the details of Newmont's Q1/22 results, including production, realized gold prices, all-in-sustaining costs ...Read More
YouTube/PeterSchiff, Released on 5/28/22 ? Bull trap fooling investors. ? Bitcoin did not participate in the rally. ? Homeowners will make money as debtors. ? The Fed postponing recession will result in decades of inflation.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global St...Read More
Planet Ponzi - Twitter, Released on 5/29/22Memorial Day In Joe Biden's #China-Style AutocracyWWIII"This Energy Transition May Be Painful"(Green New Deal)Record #Inflation and Violent Crime#gasoline & #Energy Prices At Record Highs#Food Prices SKYROCKETING4,000 Flights Cancelled (Weather Blamed????????)Bravo, Brandon!- Planet Ponzi (@PlanetPonzi) May 29, 2022Mitch Feierstein is the founder of Plane...Read More