RSS SubscribeMarkets
August 8, 2022
2022.08.08 The US dollar is the most important unit of account for international […]
August 6, 2022
2022.08.05 The US Federal Reserve started off declaring that historically high levels of […]
July 27, 2022
2022.07.27 Gold is a commodity with limited supply, therefore it cannot be “created” […]
July 16, 2022
2022.07.16 Copper is one of our most important metals with more than 20 […]
July 12, 2022
2022.07.12 The South China Morning Post reported in January that China is fast-tracking 102 major […]
July 6, 2022
2022.07.06 In George Orwell’s book ‘1984’, the world is divided among three superpowers, […]
June 29, 2022
2022.06.29 Last week was a bad one for mining & metals. Amid fears […]
June 23, 2022
2022.06.23 Inflation is at a 40-year high, making commodities, which protect investments from […]
June 18, 2022
2022.06.18 The dollar is the most important unit of account for international trade, […]
June 17, 2022
2022.06.17 We call ourselves Ahead of the Herd because we see things before […]
May 31, 2022
2022.05.31 With inflation in the US reaching its highest in 40 years, there […]
May 30, 2022
2022.05.30 A comparison of this year’s grocery bills to last year’s yields a […]
May 19, 2022
2022.05.19 In economics parlance, the term “soft landing” refers to a cyclical slowdown […]
May 4, 2022
2022.05.04 The allure of gold goes back thousands of years. Due to its […]
April 29, 2022
2022.04.29 In our last article, we discussed a proposed new economic model for […]
April 27, 2022
2022.04.27 Modern Monetary Theory, or MMT, posits that rather than obsessing about how […]
April 26, 2022
2022.04.26 For shrewd investors looking to diversify their portfolios with low-risk, high-return assets, […]
April 24, 2022
2022.04.24 In our last article, ‘If it can’t be grown it must be […]
April 24, 2022
2022.04.24 Last year mining analysts Mike Kozak and Matthew O’Keefe of Cantor Fitzgerald […]
April 22, 2022
2022.04.22 A recession is what results when an economy stops growing. The National […]
April 21, 2022
2022.04.21 Speaking at the 2022 World Copper Conference in Santiago, Chile, CRU’s Erik […]
April 20, 2022
2022.04.20 The mainstreaming of cryptocurrency has made many of us wonder whether it […]
April 14, 2022
2022.04.14 The new “commodities super-cycle” touted by many including Goldman Sachs, may be […]
March 19, 2022
2022.03.19 Food inflation has historically been the catalyst for many popular uprisings, from […]
March 5, 2022
2022.03.05 Rick Mills: Joining me today is Bob Moriarty from 321gold. We’re going […]
February 25, 2022
2022.02.25 In 2021, commodities outperformed all other asset classes, and they are expected […]
February 18, 2022
2022.02.18 Driven by the need to decarbonize due to increasingly apparent climate change, […]
February 14, 2022
2022.02.14 The move away from fossil-fuel-powered vehicles to EVs run on batteries is […]
February 12, 2022
2022.02.12 Commodities are considered one of the best places to park investment capital […]
February 8, 2022
2022.02.08 Someone born in 1979 is 43 years old this year. No doubt […]
February 7, 2022
2022.02.07 The United States reached a new milestone this week, but it’s nothing […]
January 21, 2022
2022.01.21 Inflation is the rate at which prices within a basket of goods […]
January 15, 2022
2022.01.05 Inflation is one of the best determinants of gold price movements, because […]
January 11, 2022
2022.01.11 China and Japan are by far the largest buyers of US Treasuries. […]
December 28, 2021
The modernization and electrification of our global transportation system will require a change hitherto unprecedented in the history of civilization. Not even the shift from horse and buggy to the crank-start Ford Model T can compete with what it will take to electrify the billion-plus cars on the planet’s roads, and eventually put a complete stop to noxious tailpipe emissions resulting from the combustion of gasoline and diesel fuel, that are poisoning the air we breathe.
For now, thorium is a theoretical solution to our energy dilemma, but it could be much more than that. A concerted effort to develop thorium reactor technology could provide stable, clean, base-load power for millions, something that is not possible with renewables due to the intermittency factor and the current early stages of renewable battery storage technology. It is safer and better for the environment than uranium and can even use radioactive waste as feedstock for the nuclear reaction, thus killing two birds with one stone. The market is not yet ready for thorium, but when it is, a whole new mining sector and supply chain will be born.
For now, thorium is a theoretical solution to our energy dilemma, but it could be much more than that. A concerted effort to develop thorium reactor technology could provide stable, clean, base-load power for millions, something that is not possible with renewables due to the intermittency factor and the current early stages of renewable battery storage technology. It is safer and better for the environment than uranium and can even use radioactive waste as feedstock for the nuclear reaction, thus killing two birds with one stone. The market is not yet ready for thorium, but when it is, a whole new mining sector and supply chain will be born.
December 21, 2021
2021.12.21 The gold to oil ratio is an important indicator of the global […]
December 18, 2021
2021.12.18 Several months after the US Federal Reserve began describing the country’s inflation […]
December 17, 2021
2021.12.17 The US Federal Reserve announced this week what many market participants were […]
December 16, 2021
2021.12.16 A government generally has two “levers” it can pull, to help get […]
November 10, 2021
2021.11.10 Gold continued to rally on Tuesday, as investors and metal traders priced […]
November 5, 2021
2021.11.05 The US Federal Reserve has done what market participants widely expected it […]
October 26, 2021
2021.10.26 The US Federal Reserve’s official line is that inflation is only temporary, […]
October 23, 2021
2021.10.23 Thanksgiving is a time to appreciate the food on our tables, but […]
October 15, 2021
2021.10.15 The balance of trade is an important barometer of a country’s economic […]
September 15, 2021
2021.09.15 “Nature abhors a vacuum” is a familiar maxim in science. It means […]
September 12, 2021
2021.09.12 Inflation is one of the best determinants of gold price movements, because […]
September 10, 2021
2021.09.10 There is an old joke often told about economists: Three economists are […]
September 8, 2021
2021.09.08 Lower interest rates and massive asset purchases by central banks are the […]
August 20, 2021
2021.08.20 Gold prices are slipping as talk of a “taper tantrum” has investors […]
August 6, 2021
2021.08.06 If rising food prices are ruining your appetite, you’re not alone. Costs […]
July 30, 2021
2021.07.30 Manning Ventures (CSE:MANN, Frankfurt:1H5) has taken a giant leap forward in its […]
July 16, 2021
2021.07.16 At AOTH we are invested in commodities we expect are going to […]
June 28, 2021
2021.06.28 As countries continue to vaccinate their populations, and infections drop due to […]
June 10, 2021
One junior mining company that has set sights on extracting more value out of its precious/metals projects during this auspicious period is Mountain Boy Minerals Ltd. (TSX.V: MTB; OTCQB: MBYMF; Frankfurt: M9UA), which has six active projects spanning 604 square kilometres (60,398 hectares) in the prolific Golden Triangle of northern British Columbia.
June 10, 2021
Our research shows that most retail investors, who are the main drivers of gold’s price, trust gold more than fiat (paper) currencies to preserve their purchasing power. When debt soars, when real interest rates go negative, when cash becomes trash, gold shines brightest.
May 30, 2021
One company committed to developing America’s next lithium supply is Cypress Development Corp. (TSX-V: CYP) (OTCQB: CYDVF) (Frankfurt: C1Z1), which presently holds a 100% interest in the Clayton Valley lithium project in southwest Nevada.
May 25, 2021
According to Sprott Insights, the three areas of growing demand — solar, 5G and automotive — potentially account for greater than 125 million ounces, annually, in 10 years. Where is this new silver supply going to come from?
Their conclusion? “We do not see enough supply growth to offset the demand growth,” with mine supply falling since 2016 and “we do not see enough projects in development to generate the kind of production levels in question, at least not at current silver prices.”
Their conclusion? “We do not see enough supply growth to offset the demand growth,” with mine supply falling since 2016 and “we do not see enough projects in development to generate the kind of production levels in question, at least not at current silver prices.”
May 24, 2021
Energy and precious metals explorer Max Resource Corp. (TSX.V: MXR; OTC: MXROF; Frankfurt: M1D2) continues to make significant progress at its flagship CESAR project in northeastern Colombia, along what is considered to be the world’s largest copper-producing belt in the Andean.
May 18, 2021
In a previous article we proved peak gold; in this piece, a deep dive into copper supply depletion, we ultimately reach the same conclusion, ie., that we have reached peak copper.
May 17, 2021
According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).
According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).
Precious metals are among the best places to park your money in times of economic or political distress.
According to the World Gold Council, gold is the third most consistently bought investment (46%), behind savings accounts (78%) and life insurance (56%).
Precious metals are among the best places to park your money in times of economic or political distress.
May 16, 2021
One international mining company that is committed to exploring Nevada’s mineral-rich regions is Victory Resources Corp. (CSE: VR) (FWB: VR61) (OTC: VRCFF), which has been actively looking at precious metals opportunities in the state and recently expanded its focus to battery metals.
May 15, 2021
Shareholders in Exploits Development Corp (CSE:NFLD, FSE:634-FF) were rewarded this week with an explosive move in the stock price following an announced $8 million financing.
May 15, 2021
One company that aims to address the common problems faced by blockchain networks is Arcology, a blockchain company 30% owned by Codebase Ventures Inc. (CSE: CODE) (FSE: C5B) (OTCQB: BKLLF).
Inspired by the challenges associated with ethereum's mass adoption, the Arcology team is developing a radically new blockchain ecosystem designed to scale at unprecedented speed by reducing costs and increasing enterprise capabilities.
Inspired by the challenges associated with ethereum's mass adoption, the Arcology team is developing a radically new blockchain ecosystem designed to scale at unprecedented speed by reducing costs and increasing enterprise capabilities.
May 14, 2021
Iron ore prices recently broke a new record amid a sustained rally in commodities prices as demand from top consumer China remains as robust as ever.
At the center of the latest rally is rising steel prices, from Asia to North America. Steel demand remains strong as economies - China in particular - continue their massive investments in steel-intensive infrastructure.
At the center of the latest rally is rising steel prices, from Asia to North America. Steel demand remains strong as economies - China in particular - continue their massive investments in steel-intensive infrastructure.
May 14, 2021
Continuing the US (and Canadian) economic recovery is obviously important but it should not come on the backs of the poor who bear the most weight of inflation, particularly increases in food prices.
Government officials need to be aware of how their monetary and fiscal policies are impacting the most vulnerable in society.
Government officials need to be aware of how their monetary and fiscal policies are impacting the most vulnerable in society.
May 12, 2021
As base metals prices continue to attract investor interest, I’m keeping a close eye on juniors like Norden Crown, whose Fredriksson Gruva target, and its resemblance to a Broken Hill Type deposit, appears to have the scale, the grades and the consistency of mineralization to interest a major.
May 11, 2021
One up-and-coming miner looking to capitalize on this supercharged commodity cycle is Canada’s Manning Ventures Inc. (CSE: MANN) (CNSX: MANN.CN) (Frankfurt: 1H5). The junior’s business approach is to acquire and explore a diversified set of projects across the country’s mineral-rich regions, with the aim of finding impactful resource discoveries.
May 5, 2021
Copper’s broad use in various industrial sectors including construction, transportation and telecommunications, makes it a reliable early indicator of economic activity.
In fact, “Dr. Copper’s” ability to predict which way the global economy will go, has earned it a PhD in economics.
In fact, “Dr. Copper’s” ability to predict which way the global economy will go, has earned it a PhD in economics.
May 3, 2021
Climbing yields, as investors rotate funds out of bonds into stocks, on increasing confidence in the economy, is the primary reason why the prices of precious metals gold and silver have pulled back in recent weeks. For now.
May 2, 2021
Tin currently has the highest value of the major base metals, three times the value of copper and nine times the value of zinc.
Chances are the value of zinc could stay high for a while. This is because the global tin market is in the midst of a historic squeeze (or one might call a “super squeeze”).
One potential source of tin that we should be looking at lies in the Pasco region of central Peru. This is where we find Tinka Resources (TSXV:TK, OTCP:TKRFF) and its flagship Ayawilca project.
Chances are the value of zinc could stay high for a while. This is because the global tin market is in the midst of a historic squeeze (or one might call a “super squeeze”).
One potential source of tin that we should be looking at lies in the Pasco region of central Peru. This is where we find Tinka Resources (TSXV:TK, OTCP:TKRFF) and its flagship Ayawilca project.
April 29, 2021
While precious metals have somewhat been subdued over recent weeks, there’s a storm brewing that could set gold, and by extension silver, on an upward trajectory once again.
April 29, 2021
According to the Silver Institute, global demand for silver will rise to 1.025 billion ounces in 2021, the highest in eight years, led by investments in industrial and investment-grade physical silver, ie., bars and coins.
“The outlook for the silver price in 2021 remains exceptionally encouraging, with the annual average price projected to rise by 46 percent to … $30,” it said in a statement.
“The outlook for the silver price in 2021 remains exceptionally encouraging, with the annual average price projected to rise by 46 percent to … $30,” it said in a statement.
April 28, 2021
New chapters of the copper success story that started in 2020 are being written as the tawny-colored metal basks in the glory of global climate pledges, and an economic recovery from the pandemic underpinned by strengthened industrial demand.
April 27, 2021
The United States is back in the fold of countries pledging to reduce greenhouse gas emissions, and that is helping to drive demand for an assemblage of metals that a global push to decarbonize and electrify is expected to require.
April 24, 2021
Joe Biden came to power as the 46th US president expecting to spend more on green energy and clean technology. Just how much more is starting to be revealed.
April 23, 2021
As the dominant landholder in Central Newfoundland exploring over 200 km of deep regional fault structures known to host significant gold discoveries, Exploits Discovery Corp. (CSE: NFLD, OTCQB:RNRRF, FSE:634-FF) continues to generate buzz in what is one of the world’s most exciting gold area plays.
April 21, 2021
There’s an old saying on Wall Street: “Six percent interest will draw money from the moon.” And it’s true, but what is also true is, 1/ As long as real interest rates are below 2% gold is in a bull market and 2/ Real interest rates below 2% draw investors to gold.
Central banks know this, so do educated gold buyers.
With Treasury notes paying such low net yields, gold becomes an attractive investment.
Central banks know this, so do educated gold buyers.
With Treasury notes paying such low net yields, gold becomes an attractive investment.
April 19, 2021
Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) continues to deliver good news for shareholders, this week announcing new assay results for the 2020 drill program on its wholly owned Parbec open-pit constrained gold deposit in Quebec.
Meanwhile, Renforth has also been making significant progress at its Surimeau District property (nickel, copper, zinc), a brownfield project covering an area of 215km2 south of the Cadillac Break among current and former producing mines.
Meanwhile, Renforth has also been making significant progress at its Surimeau District property (nickel, copper, zinc), a brownfield project covering an area of 215km2 south of the Cadillac Break among current and former producing mines.
April 17, 2021
2021.04.17 New Videos showing expanded Geological Model of Gold Zones: Fondaway Canyon, Nevada […]
April 17, 2021
With gold prices rising 22% in 2020, a pertinent question is whether the world can produce enough of the precious metal to meet rising demand — especially considering we are entering what could be a particularly ugly period of inflation
April 17, 2021
The big question is, will there be enough copper for future electrification needs, globally? Plus all the other modern-day uses of copper?
The short answer is no, not without a massive acceleration of copper production worldwide.
Global leaders have set strict decarbonization targets that require green-focused infrastructure built with copper. This, combined with a massive rise in government expenditures and years of underinvestment, has investment bank Goldman Sachs predicting that another commodity super-cycle is on the horizon.
The short answer is no, not without a massive acceleration of copper production worldwide.
Global leaders have set strict decarbonization targets that require green-focused infrastructure built with copper. This, combined with a massive rise in government expenditures and years of underinvestment, has investment bank Goldman Sachs predicting that another commodity super-cycle is on the horizon.
April 15, 2021
As the first company ever to explore all of the copper and silver-rich areas covered by the CESAR property, Max has so far identified multiple copper-silver target zones, all with significant potential to expand further, demonstrating the presence of a widespread highly prospective copper-silver district.
April 15, 2021
Tinka Resources’ (TSX.V:TK, OTCQB:TKRFF) Ayawilca polymetallic project in Peru just got a whole lot more interesting with the discovery of a new tin zone, that is expected to add significant value to what is already the largest zinc development project in Latin America and one of the biggest zinc resources held by a junior explorer.
April 14, 2021
Gold prices ticked higher on Tuesday after inflation data showed US consumer prices rose in March for the fourth straight month and inflation hit its highest level in 2.5 years.
The US Federal Reserve, whose dual mandate is to keep inflation in the “Goldilocks zone” of around 2% and to control unemployment, has been downplaying inflation, telling the public that even if prices rise, it will only be temporary.
The US Federal Reserve, whose dual mandate is to keep inflation in the “Goldilocks zone” of around 2% and to control unemployment, has been downplaying inflation, telling the public that even if prices rise, it will only be temporary.
April 11, 2021
“The adage of ‘if it can’t be grown it must be mined’ serves as a reminder that electric vehicles, transitional energy, and a green economy start with metals. The supply chain for batteries, wind turbines, solar panels, electric motors, transmission lines, 5G — everything that is needed for a Green Economy starts with metals and mining. Demand for these metals, principally lithium, nickel and cobalt on the battery side and copper, uranium and rare earth elements on the energy side is expected to rise rapidly.”
April 10, 2021
Among those actively exploring the mineral-rich regions of Mexico, one miner that is on a fast track to achieving intermediate status is Canada’s Magna Gold Corp. (TSXV: MGR, OTCQB: MGLQF), which has been actively acquiring and developing quality precious metals properties in Mexico.
The company’s flagship project is the past-producing San Francisco mine, located 150 km north of Hermosillo, Sonora’s state capital. The 47,395-hectare property consists of two previously mined open pits (San Francisco and Chicharra) — which Magna plans to reopen soon — and associated heap leaching facilities located close to the San Francisco pit.
The company’s flagship project is the past-producing San Francisco mine, located 150 km north of Hermosillo, Sonora’s state capital. The 47,395-hectare property consists of two previously mined open pits (San Francisco and Chicharra) — which Magna plans to reopen soon — and associated heap leaching facilities located close to the San Francisco pit.
April 9, 2021
Dolly Varden’s goal is to try and extend Torbrit through some step-out drill holes, and to get into the high-grade, 500g to 1kg material. There are early indications of other Torbrit “look-alikes” along a 4.5-km trend. Through drilling, Dolly Varden wants to prove up another Torbrit and drastically increase the size of the resource which in all categories is about 44Moz at an average grade of 300 g/t. A key part of the exploration thesis is the fact that the rocks hosting the mineralization on the property are the same age as some of the other large deposits found in the Golden Triangle including Eskay Creek.
April 6, 2021
Exploits Discovery Corp. is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada. The Company holds the Middle Ridge, True Grit, Great Bend, Mt. Peyton, Jonathans Pond, and Gazeebow projects, which cumulatively cover an area over 2,000 km². All projects within Exploits’ portfolio lie within the Exploits Subzone and Gander River Ultramafic Belt (GRUB) of the Dunnage Zone, which contain the majority of Newfoundland’s gold mineral occurrences and exploration efforts, including New Found Gold’s 2019 discovery of 92.86 g/t Au over 19.0 meters near surface. The Exploits Subzone has been the focus of major staking and financing throughout 2020, with increased exploration activities forecasted in the area moving into 2021.
April 5, 2021
Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up.
April 2, 2021
Though early stage, the possibility of widespread sulfide nickel mineralization at Surimeau looks promising. The grades and rock value given here are conservative; the 0.224% Ni used to calculate the rock value of US$41.83 per tonne is based on only three intercepts from three holes drilled at Surimeau, less than 200m. Highlights from summer 2020 grab sampling show grades up to 0.495% Ni. If those grades start showing up in drill core, Renforth could really be onto something.
April 2, 2021
As Victory Resources Corp. (CSE: VR) (FWB: VR61) (OTC: VRCFF) continues to scale up mining operations on multiple properties across North America, the company has made a significant management change to reflect its broadening exploration focus that now includes battery metals.
March 30, 2021
Mainstream media and the large mining companies are finally catching on to what we at AOTH have been saying for the past two years: the copper market is heading for a severe supply shortage due to a perfect storm of under-exploration/ lack of discovery of new deposits, clashing with a huge increase in demand due to electrification and decarbonization.
March 27, 2021
The common denominator for each countries climate action plan is electric vehicles; that’s easy to identify. But whether economies can acquire sufficient raw materials to reach “full electrification” is another story — it's a problem that has yet to be solved.
For years, the US has been heavily reliant on foreign supply of minerals required for key areas such as national defense, electronics and medical equipment, and its EV sector is no different.
Under Trump’s executive order (September 2020), graphite was identified as one of four minerals considered essential to the nation’s “national security, foreign policy and economy.”
For years, the US has been heavily reliant on foreign supply of minerals required for key areas such as national defense, electronics and medical equipment, and its EV sector is no different.
Under Trump’s executive order (September 2020), graphite was identified as one of four minerals considered essential to the nation’s “national security, foreign policy and economy.”
March 25, 2021
Max Resource Corp (TSXV:MXR, OTC:MXROF, Frankfurt: M1D2) continues to make good progress at its CESAR copper-silver project in Colombia, this week announcing high-grade results from the CONEJO discovery at CESAR North
Highlight assays greater than 9% copper and 50 grams per tonne (g/t) silver included 12.5% copper + 83.5 g/t silver over 5X5 meters; 10.4% copper + 95 g/t silver over 5 meters by 5 meters; 10.5% copper + 50.1 g/t silver over 3X2 meters; and 9.5% copper + 120 g/t silver over 1 meter by 1 meter.
Highlight assays greater than 9% copper and 50 grams per tonne (g/t) silver included 12.5% copper + 83.5 g/t silver over 5X5 meters; 10.4% copper + 95 g/t silver over 5 meters by 5 meters; 10.5% copper + 50.1 g/t silver over 3X2 meters; and 9.5% copper + 120 g/t silver over 1 meter by 1 meter.
March 25, 2021
Unsurprisingly, many of the base metals, which are invaluable to many sectors of the global economy, are found within Canada’s critical minerals list. Among them is zinc, an essential ingredient used to build our roads, bridges, buildings, and cars.
The Akie property is an advanced exploration project with drill indicated resources owned by Vancouver’s ZincX Resources Corp. (TSXV: ZNX).
The Akie property is an advanced exploration project with drill indicated resources owned by Vancouver’s ZincX Resources Corp. (TSXV: ZNX).
March 25, 2021
According to Pew Research the real average wage, which Pew defines as “the wage after accounting for inflation” has roughly the same purchasing power as it did 43 years ago.
In real terms average hourly earnings peaked more than 45 years ago: The $4.03-an-hour rate recorded in January 1973 had the same purchasing power that $23.68 would today
In real terms average hourly earnings peaked more than 45 years ago: The $4.03-an-hour rate recorded in January 1973 had the same purchasing power that $23.68 would today
March 23, 2021
Goldman Sachs says that the next structural bull market for commodities will be driven by spending on green energy.
The fossil-fueled based transportation system needs to be electrified, and the switch must be made from oil, gas, and coal-powered power plants to those which run on solar, wind and thorium-produced nuclear energy. If we have any hope of cleaning up the planet, before the point of no return, a massive decarbonization needs to take place.
In a recent report, commodities consultancy Wood Mackenzie said an investment of over $1 trillion will be required in key energy transition metals over the next 15 years, just to meet the growing needs of decarbonization.
The fossil-fueled based transportation system needs to be electrified, and the switch must be made from oil, gas, and coal-powered power plants to those which run on solar, wind and thorium-produced nuclear energy. If we have any hope of cleaning up the planet, before the point of no return, a massive decarbonization needs to take place.
In a recent report, commodities consultancy Wood Mackenzie said an investment of over $1 trillion will be required in key energy transition metals over the next 15 years, just to meet the growing needs of decarbonization.
March 21, 2021
The thawing of permafrost is yet another manifestation of climate change, that populations living near it will have to deal with in the coming decades as global warming accelerates, particularly in the polar regions
Mining is often deemed complicit in the rise of greenhouse gas emissions, given its use of heavy machinery and ground disturbance, but in this case, in areas where the ground is permanently frozen but starting to thaw, operations can be negatively impacted, and big miners are having to shell out millions. We have seen the implications of thawing permafrost at Teck’s Red Dog Mine in Alaska, and at Norilsk Nickel’s Oktyabrsky and Taimyrsky mines in Siberia.
The problem is not going away; in fact, there is every indication it will get worse.
Mining is often deemed complicit in the rise of greenhouse gas emissions, given its use of heavy machinery and ground disturbance, but in this case, in areas where the ground is permanently frozen but starting to thaw, operations can be negatively impacted, and big miners are having to shell out millions. We have seen the implications of thawing permafrost at Teck’s Red Dog Mine in Alaska, and at Norilsk Nickel’s Oktyabrsky and Taimyrsky mines in Siberia.
The problem is not going away; in fact, there is every indication it will get worse.
March 20, 2021
It is not very often that every hole of an exploration drill program returns gold intersections as good as or better than expected, but that is exactly what junior miner Getchell Gold Corp. (CSE:GTCH, OTCQB:GGLDF) has done so far from drilling at its Fondaway Canyon project in the world-famous mining state of Nevada.
Last year’s drilling has already shown that the gold mineralization at Fondaway Canyon is thick and broad, with high-grade intervals that were not accounted for in the company’s geological model. The mineralization remains open, and every indication shows that it could continue.
The significant potential for extensions is likely to be investigated further in this year’s exploration program, as Getchell continues its path towards building ounces at what it believes could be another Carlin-style gold system.
Last year’s drilling has already shown that the gold mineralization at Fondaway Canyon is thick and broad, with high-grade intervals that were not accounted for in the company’s geological model. The mineralization remains open, and every indication shows that it could continue.
The significant potential for extensions is likely to be investigated further in this year’s exploration program, as Getchell continues its path towards building ounces at what it believes could be another Carlin-style gold system.
March 19, 2021
Peru-focused Tinka Resources (TSXV:TK, OTCP:TKRFF) has the backing of a major player in the Peruvian zinc and silver market, adding significant heft to its flagship Ayawilca zinc-silver play.
Nexa Resources (TSX:NEXA), one of the world’s largest zinc producers, and owner of the only zinc smelter in Peru, purchased 28.895 million common shares from an arms-length shareholder, giving the Luxembourg-based firm an 8.8% stake in Tinka.
The transaction means Tinka Resources now has two major miners as shareholders — the other being Buenaventura SA (NYSE:BVN) — along with JP Morgan UK.
Nexa Resources (TSX:NEXA), one of the world’s largest zinc producers, and owner of the only zinc smelter in Peru, purchased 28.895 million common shares from an arms-length shareholder, giving the Luxembourg-based firm an 8.8% stake in Tinka.
The transaction means Tinka Resources now has two major miners as shareholders — the other being Buenaventura SA (NYSE:BVN) — along with JP Morgan UK.