American Resources Policy Network
Promoting the development of American mineral resources.
  • Silver fundamentals strong, may outperform gold

    It looks like we at American Resources are not the only ones noticing the increased appeal of silver – our “Metal of the Month” for March. The Gold Report interviewed several executives from the sector in a virtual roundtable for its latest issue. Here are the key points:

  • The fundamentals behind silver are strong.

  • Silver’s new uses have made it a strategic metal, required in electronics, solar panels, and many new medical applications due to its anti-microbial properties.

  • Demand for industrial silver uses climbed 17% last year, despite high prices. Price may be less relevant now, as only small amounts are needed, but as pace of new digital products is “exploding,” one of the panelists sees “silver consumption increasing dramatically.”

  • Silver has strong appeal as store of value. With the purchase of Canadian Maple Leave silver ounces and U.S. Silver Eagles exceeding production, and investment demand remaining strong, some believe silver may outperform gold.

  • Much of the world’s silver is mined as a byproduct of zinc, lead, copper and gold mining in more than 30 countries. Peru and Mexico account for one-third of global silver production, with Mexico’s change of foreign investment laws having lead to a mining boom with more than 300 Canadian mining companies exploring and producing.
    With its new applications, silver is a prime example of the fact that this is not your grandmother’s resource sector anymore. As their utility broadens, metals and minerals are increasingly becoming foundational elements that will drive the 21st century economy. It is time we develop a coherent strategic framework reflecting this fact while harnessing our own vast mineral potential, and creating valuable jobs in the process.

  • Canada remains worldwide leader of non-fuel exploration

    Canada is the leading country for mineral exploration for the 10th year in
 a row, according to the latest rankings from 
Metals Economics Group’s (MEG) Corporate 
Exploration Strategies. The country
 represents 18 percent of worldwide investments into non-fuel mineral

    Here are some interesting figures on Canada from the MEG Corporate 
Exploration Strategies study, which Commodities Now says 
includes “precious and base metals, diamonds, uranium and some 
industrial minerals.”:

    - Canadian-based companies accounted for more than half of the
 2,400+ active explorers in the 2011 report.

    - Those companies, collectively, accounted for 40 percent of the
$17.25 billion budgeted by all companies for nonferrous exploration last 

    - If the $3.1 billion in planned Canadian nonferrous exploration 
spending, Ontario, Quebec and British Columbia accounted for more than 60
 percent, with a total of 781 companies planning to explore in Canada in 

    In 2002, Canada overtook Australia as the world’s top country for 
exploration and has remained there for the last ten years. We can’t help
 but note that the Canadian economy benefits greatly from the country’s pro-mining stance.  According to the Fraser Institute,
 Canada’s leading free market think-tank, mining and metal processing has 
been (and is expected to remain) an important contributor to the country’s
 economic growth.

    When taking into account that the mining industry was the only industry in the United States to add jobs since 2007, it seems clearly evident that many more jobs could be added if U.S. policy
makers would take a note from our northern neighbors and focus on fostering 
a climate that cultivates responsible investment in the growth sector of metals and minerals.

  • Indaba, Warning of Supply Shortages

    Mining Weekly zeroes in on strategic metals issues under discussion at the annual Mining Indaba conference in South Africa (indaba, in zulu, is the word for a meeting on matters of substance).   Lara Smith of Core Consultants identifies cobalt, tantalum and the rare earths as high-risk metals, given a combination of uncertain supply and rising [...]
  • Will Canada step in to fill REE void?

    With China’s restrictive rare earths export policies having triggered a rush for other nations to get their hands on the sought-after set of critical minerals, Canada has hopes of filling the REE void left by China, according to the Gemcom Software Mining blog. A nation already rich in a broad variety of mineral resources, Canada is [...]
  • Canadian paper warns of new Cold War over arctic riches

    Working to implement a “strategy to reverse years of neglect and decline in its Far North,” Russia appears ready to re-embrace a Cold War, according to a detailed story in the Toronto Star.  Home to vast mineral resources including oil, zinc, and gold, for example, the Arctic is viewed by Russia as its strategic future, [...]
  • Canada moves forward on promising Strange Lake REE project

    As China continues to hold the world hostage to its restrictive rare earths export policies, Canada is moving forward on a promising REE project discussed on RareMetalBlog.com. The discovery of near-surface mineralization and significant quantities of recoverable rare earth elements (REEs) in 2009 at Quest Rare Minerals’ Strange Lake property on the Quebec-Labrador border has [...]
  • Rare Metals Users Expand Focus Beyond Rare Earths

    Avalon Rare Metals Inc., a mineral exploration and development company primarily focused on rare earth deposits in Canada, is broadening its scope following a request from an “unnamed international industrial minerals company.” According to a press release issued by the company on October 20th, Avalon may partner with the international company to develop minerals on [...]
  • Fraser Institute resource policy experts join ARPN panel

    We’re thrilled to announce that Fred McMahon and Jean-Francois Minardi from the Canada-based Fraser Institute have joined the ARPN expert panel. McMahon is Vice-President of Research, International, at the Fraser Institute, and, among other things, co-author of the Fraser Institute’s annual Survey of Mining Companies.  Minardi is Associate Director of the institute’s Global Natural Resource [...]
  • Companies in bidding war over copper

    As Reuters reports, indications are that Americans could soon be buying Zambian or Saudi Arabian copper from Canada and China. Canada’s Barrick, the world’s largest gold mining company, is attempting to win a geopolitical bidding war with its Chinese competitor Minmetal in the effort to gain control over two valuable copper mines in Zambia and [...]
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