Monthly Archives: February 2025

Uranium Night – PDAC 2025

Uranium Night will be happening again this year on March 03, 2025 at the ‘Lucky Clover’.

The Lucky Clover Sports Pub is located at 17 Lower Simcoe, Toronto Ontario.
This is located very close to the Metro Convention Center where the PDAC is hosted.

Uranium night is a premier networking event hosted by 10 publicly traded uranium exploration companies featuring complimentary drinks and food plus live entertainment.

-It is an invite event however if you are involved in this sector of the mining industry you may already know about it or you may be able to get an invite. Definitely worth a visit in our opinion.

 

 

 

 

 

Gold Hitting New All Times Highs in 2025!

Gold has been hitting new all-time highs in early 2025 due to several key factors. Central banks worldwide are aggressively buying gold, reducing reliance on the US dollar amid geopolitical tensions. The US Federal Reserve’s shift towards cutting interest rates makes gold more attractive compared to yield-bearing assets. Inflation concerns continue to drive investors to gold as a hedge.

-Additionally, global economic uncertainty and potential US policy changes under President Trump, including tariffs and spending, add to the bullish sentiment. These elements combined suggest a strong demand for gold, pushing prices to historic levels as forecasted by various analysts.

 

Here are the top five countries for yearly gold production based on the most recent data available:

 

  1. China – Approximately 370 metric tons.
  2. Russia – Around 310 metric tons.
  3. Australia – Also around 310 metric tons.
  4. Canada – Approximately 200 metric tons.
  5. United States – Around 170 metric tons.
This ranking reflects production data from 2023, as sourced from various reports on gold production by country.
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Newest and Largest Gold Discovery 
The most recent large gold discovery in the world was reported in China, in the Wangu gold field located in Pingjiang County, Hunan Province. This discovery was announced in late 2024 and is estimated to contain over 1,000 tonnes of gold, potentially making it the largest known gold deposit in the world. The value of this deposit is estimated to be around $83 billion, or approximately 600 billion yuan.

PDAC 2025 -Prospectors and Developers Association Annual Convention

It is that time again! A most important time of the year for investors in the thousands of companies involved in the mineral exploration and mining business globally.

With the many transitions in communications, finance, currencies, transportation and other crucial industries the spotlight on mineral discoveries has arguably never been more prominent than in 2025.

The 2025 Prospectors and Developers Association Convention (PDAC) is the landmark event for the global mineral exploration and mining industry, scheduled from March 2-5 at the Metro Toronto Convention Centre. This 93rd annual convention, renowned as the world’s premier gathering of its kind, will host over 1,100 exhibitors and attract nearly 30,000 attendees from over 135 countries.

With cutting-edge programming, a world-class trade show, and unparalleled networking opportunities, PDAC 2025 aims to foster innovation, collaboration, and investment in the sector. This year’s convention promises to spotlight critical issues like sustainability, indigenous engagement, and emerging market trends.

The many hospitality suites generate lasting memories for geologists from around the world who may only get to see each other at annual events such as this. The size and scope of these events can indeed be a barometer of how well the industry is doing at the time.

So for many investors in these companies it is a chance to reconnect with management andwe expect this year to be no different, please enjoy safely!

Register before Feb 07, 2025 for discounted rates.

Register for PDAC 2025 now!

 

Editor,
The Canadian Junior Report

TARRIFFS 2025!

North America is all in a tizzy with the recent unexpected tarriffs announcement by the white house.
What effect could this have on Canadian exploration and mining companies? This could be serious or it could be ignored since metals are such a necessary part of our economy and national security issues.

-Notwithstanding the fact that Canada actually burned down the white house back in 1812, (at least once??) it is no less uncomfortable to have to deal with this issue yet again.

Once of the reasons is that a legal trade agreement was signed by leaders Trudeau, Trump and then Mexican president Enrique Pena Nieto. This agreement which goes by the anacronym USMCA was signed in 2018 after what was referred to as ‘bitter’ trade talks.

At any rate this agreement is now being ignored by Trump in what Liberal party candidate for prime minister Mark Carney is calling a ‘clear violation of our trade agreements’ and ‘require the most serious trade and economic responses in our history.’

Some are saying this is a negotiating tactic Trump is using and the tarriffs may not even make it into practice although the executive bill has been signed already. At issue is the transport of fentanyl across borders which is killing hundreds of thousands of Americans, a truly awful situation.

The reality of available numbers show that Canada is responsible for less than 1% of the fentanyl entering the United States, and in fact the flow of illegal guns and drugs from the United States into Canada is likely a much much larger problem for Canada with many fentanyl deaths here also.

At any rate Trump has grabbed the headlines but Canada is not backing down citing the implementation of their own powerful set of tarriffs aimed at the U.S.

Ongoing talk is happening on this Feb 03, 2025 and should illuminate how this is going to pan out moving forward.
Apparently 3 pm today (Feb 03/2025) is when Trudeau and Trump will be speaking again.
Talks and a deal have apparently been worked out with Mexico to delay the tarriffs for one month with Mexico providing additional security at their collective border.

Stay tuned!