Kirkland Lake sets 1.3-1.4 moz production target for 2021
Kirkland Lake is planning its largest exploration program at Fosterville since 2016.
News
Base metals prices forecast to rise sharply in 2021, less so in 2022
As the world’s economies start to pick up following the impacts from the Covid-19 pandemic, CPM Group’s director of commodities and asset management Carlos Sanchez expects base metals markets to return…
Roskill forecasts demand for cobalt to double by 2030
Cobalt watchers can expect demand for the blue metal to double by 2030, says Ying Lu, senior analyst at Roskill. The forecast comes even as this year saw a significant shift…
Precious metals and PGM prices forecast to rise next year
Although a change in the U.S. government is unlikely to ease tensions between Washington and Beijing, says CPM Group vice-president of research Rohit Savant, incoming president Biden’s approach to negotiations with China…
Alamos expects Young-Davidson to drive gold output higher next year
Next year, producer Alamos Gold expects the Young-Davidson underground mine in Ontario, where a lower mine expansion was completed in July, to drive a 17% production increase over 2020 levels,…
Golden Sky drills 1.34 grams gold over 71.6 metres at Hotspot
Golden Sky Minerals (TSXV: AUEN) reports assays of six reverse circulation (RC) holes at its 100%-owned Hotspot property. A total of 568.45 metres were drilled at the Sure Bet zone,…
Dewatering begins at Omineca’s Wingdam project in BC
Dewatering has begun at the Wingdam underground placer gold project in the Cariboo Mining District in British Columbia. Owner Omineca Mining and Metals (TSXV: OMM) aims to use a ground…
Seabridge locks in $115.7 million for Snowfield buy
Funds raised more than cover Seabridge’s $100 million acquisition of Pretium Resources’ project in British Columbia.
Sierra metals announces results of expansion PEA for Mexican mine
Sierra Metals (TSX:SMT; BVL:SMT; NYSE American:SMTS) has announced the results of the preliminary economic assessment (PEA) for expansion of its Cusi underground silver-lead mine in Mexico’s Chihuahua state. At 1,200…
Critical materials markets 2021 outlook
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president of Toronto-based Stormcrow Capital spoke…
Companies with ESG focus can attract higher valuations, ERM says
Environmental, Social and Governance (ESG) is now a key part of investment decisions in the private capital markets, sustainability consulting firm ERM concluded in a recent report. ERM surveyed 54…
‘Green stimulus packages’ key driver for base metal demand says analyst
“The path to economic recovery will be long and slow,” says Intl FCStone metals analyst Natalie Scott-Gray. Demand for base metals outside China is not expected to recover back to 2019 levels…