Metals Markets
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Silver industrial demand rebounded in 2017
The following is an edited summary from the Silver Institute, based on findings in its World Silver Survey 2018. For more information, visit www.SilverInstitute.org. Industrial demand for silver, fuelled by record photovoltaic growth, rose in 2017 for the first time since…
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World Gold Council: Gold demand off to a soft start in 2018
The following is an edited summary from the World Gold Council, based on its Gold Demand Trends Q1 2018 report. To access the full report, visit www.Gold.org. Gold demand had a soft start to 2018, reaching 973 tonnes – the lowest first quarter since…
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SURVEY: PwC finds optimism among BC miners
VANCOUVER – The 50th annual report on the mining industry of British Columbia conducted by PwC found optimism returning to the sector. Most commodity prices remain below the highs seen in 2011, but the firm can see an upward trend…
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LITHIUM: Nemaska signs offtake agreement with Swedish battery maker
QUEBEC – Nemaska Lithium of Quebec City has signed an agreement in principle to supply Swedish battery maker Northvolt AB battery grade lithium hydroxide. Northvolt will take between 3,500 and 5,000 tonnes per year (on a take-or-pay basis) of the…
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Tin tops MIT list of metals most impacted by new technologies
Rob Bruggeman, a former research analyst with more than a decade of experience with a boutique brokerage firm and a large bank-owned proprietary trading desk on Bay Street, has been blogging on his site Alpha Mining since 2017. He also…
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COBALT: Blockchain to track mineral provenance
TORONTO – Cobalt Blockchain (CoBC) and DLT Labs have signed a letter of intent to create a joint venture to provide secure, traceable and transparent methods for tracking and certifying the provenance of metals and minerals – from the mine…
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BLOCKCHAIN: Goldcorp deposits the first gold on Tradewind blockchain
VANCOUVER – Goldcorp Inc. and Tradewind Markets, Inc., a financial technology company revolutionizing the way gold trades, announced that Goldcorp deposited the first gold onto Tradewind’s blockchain, known as VaultChain™, as the “genesis block”. A genesis block is the first block…
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GOLD: Balmoral posts initial gold resource for Martiniere
Balmoral Resources has outlined a first resource for its Martiniere gold project in Quebec of 431,000 oz. of gold. The open pit, indicated resource is contained in 6.8 million tonnes grading 1.96 g/t gold, using a cutoff grade of 0.5…
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COMMENTARY: Fifty years of ‘free’ gold
It is difficult to say when the ‘free’ gold market came into existence, since there always has been one. Yes, the gold price has been set and fixed by governments for long periods of time throughout history, as part of…
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M&A: Alio Gold to acquire Rye Patch Gold in all-share deal
In an effort to diversify geopolitical risk and transform itself from a single-asset producer, Mexico-focused Alio Gold is buying Rye Patch Gold and its Florida Canyon mine in Nevada, one of two acquisitions announced this week of companies with projects in the mining friendly…
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Silver market poised for eventful year
The following is an edited release by the Washington, D.C.-based Silver Institute on silver market trends in 2018. Visit www.SilverInstitute.org for more information. Of all the metals in the periodic table, silver enjoys one of the most versatile landscapes, with its uses…
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Apple and the vertical transformation of mining
Earlier this month, Bloomberg reported that Apple Inc. was in direct talks with an undisclosed mining company to secure long term cobalt supplies to support the mounting demands of the company’s power hungry device lineup. Cobalt, a hard, silver-grey metal once used…
