The AOCE and WB have moderate overall forecasts for the metals in 2025 inline with IMF forecasts for a decline in economic growth and inflation, although we see the probability of a stagflationary scenario as still reasonably high.Read More
The past year was a difficult one overall for the metals, with the main standouts to the upside being a geopolitical risk-driven gain in gold, a China-driven rise in iron ore and a surge in uranium on broadening global support for nuclear power (Figure 1). A jump in global interest rates to near two-decade highs saw recession fears persist all year, and while one still did not actually eru...Read More
This year the post-global health crisis boom was brought to an end by a surge in inflation to forty-year highs, a major rise in global interest rates in an attempt to curb the rising prices and surging geopolitical risk after Russia's invasion of Ukraine. While precious metals held up reasonably well as markets turned to them as a risk hedge, by Q2/22 the higher interest rates put an end t...Read More
Chile is the world leader in copper production, at 28.5% of the total in 2020, and this looks set to continue, with the country having the largest global reserves, at 23.0% of total. It is also the global leader for molybdenum, which is often found along with copper, and is a major lithium player, holding 51.1% of global reserves. Read More
Newfoundland has become a gold exploration hotspot over the past few years, with the sector seeing some of its strongest activity ever. While the province remains a small contributor to Canadian gold production, it has a substantial mineral industry well supported by the government, focused on iron ore, copper and nickel, and the surge in exploration suggests that gold output from the...Read More
Nevada is the core of the U.S. gold output, accounting for by far the majority, at 75.4% on average for the past year. The state looks set to remain a dominant player in U.S. gold, as it accounts for 49% of total U.S. reserves, with Alaska slightly ahead with 51% of reserves, but just 8.6% of current production. The U.S. accounts for 6.1% of global gold output, making Nevada one of the largest gol...Read More
The Golden Triangle in northwestern British Columbia has historically been a major site of Canadian gold production, beginning as early as the mid 1800s. There was a wave of production in the 1990s which cooled as the gold price declined, but larger scale production resumed in 2017, and the area has seen surging exploration interest over the past year, given that the region has some of the largest...Read More
In this report we outline the Quebec gold mining industry, including its major producers, and a survey of many of the junior miners focused on the province. Quebec accounts for 34% of Canadian gold production (second to Ontario, with 44%) and remains a major focus for both producers and junior miners.Read More
Red Lake has been one of the most prolific gold mining districts in Canada and the world, with exploration having started in the 1920s, and production, which began in the 1930s, continuing to the present day. The district is known for the high grade of its gold, its infrastructure, and strong institutional support, given the long history of mining in the area.Read More
The company highlighted 1,131m grading 0.57% copper equivalent, including 210m grading 0.80%. Filo also said drilling expanded the Read More
CNBC gives the day's headline news:Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price increases were running at a more-than-40-year high.The consumer price index, which measures inflation, increased 3% from a year ago, which is the lowest level since March 2021.Yet why? Why has i...Read More
July tends to be the lowest volume month of the year for the precious metals sector, which often means stocks tend to drift lower.Read More
(IDEX Online) - The retail price of polished diamonds in China has remained stable over the last six months, despite a collapse in the rough market.That's according to an informal survey of salespeople at major jewelry stores in Shanghai, by Yicai Global, an English language state-owned news service.Staff at Chow Tai Fook Jewellery, Leysen Jewellery, Kimberlite Diamond and other retailers sai...Read More
Nutrien now expects its full-year 2023 potash adjusted EBITDA to fall below the bottom end of its previous guidance, due to factors including the strike, a Portland terminal outage and lower globalRead More
(IDEX Online) - Tiffany & Co has bought an extremely rare emerald weighing over 10 carats and described as the finest ever sourced from the famed Muzo mines of Colombia.It is virtually inclusion-free, has no fissures and has a perfectly saturated green color.The New York-based jeweler did not disclose the price or provide a precise specification."We are thrilled to announce our recent acquisit...Read More
The most recent June jobs report showed us that while the job market still seems pretty strong, there are signs of things slowing down.In June, the job market added 209,000 jobs. Yet this was below analysts expectation and the smallest increase since December 2020.Despite fresh signs of a slowing jobs market, most traders think that the Federal Reserve will raise interest rates a little bit at its...Read More
Copper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Navigating the ESG Compliance LandscapeSPONSOREDepirocIn London, West Africa-focused Endeavour Mining which offloaded a couple of non-core assets i...Read More
The IEA's 2023 Critical Minerals Market Review showed an overall surge in investment in 2023, suggesting that the mining industry has the ability to meet a coming shortfall in the critical mineralsRead More
On Thursday, Night Market Research released a report entitled "Patriot Battery Metals: Aggressive Vancouver Promotion with Multiple MRE Delays and Fake Buyout Rumors Running Headfirst into Wall ofRead More
Look beyond market approach to project valuations: van ZylLeadershipReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedNavigating the ESG Compliance LandscapeSPONSOREDepirocOn Thursday, Night Market Research released a report entitled "Patriot Battery Metals: Aggressive Van...Read More
The company expects to commence producing copper at its gold mining operation in 2024 once a floatation circuit at its Media Luna expansion has been completed.Read More
The big, bad tech stocks have dominated the market during the first half of 2023.The Technology Sector SPDR (XLK) and Communication Services Sector SPDR (XLC) have gained more than 36% year-to-date.Individual 2023 performances are even more impressive. NVIDIA Corp. (NVDA) has rocketed 190%. Meta Platforms Inc. (META) has risen 140%. Tesla Inc. (TSLA) a consumer discretionary name that acts like...Read More
European defense spending is always a point of consternation. There's a winding and endless debate about who's spending what and which countries are pulling their weight. It's a murky debate too because NATO members vary in population, physical size, and economic might.However, there is one undeniable, immutable fact about Western defense spending...It's going up. Collective spending by the NATO a...Read More
Collective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedNavigating the ESG Compliance LandscapeSPONSOREDepirocThe IEA's 2023 Critical Minerals Market Review showed an overall surge in investment in 2023,...Read More
(IDEX Online) - The first piece of jewlery from a collection marking the closure of the iconic Argyle mine, in Australia, has been revealed.The rose gold and platinum Argyle Lotus ring is set with 3.34 carats of Argyle pinks, 3.82 carats of white diamonds with a "hidden" 0.12 carat fancy Argyle blue on the underside.The Lotus ring is the first piece of jewelry in the Argyle Heritage Collection, pa...Read More
Copper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Navigating the ESG Compliance LandscapeSPONSOREDepirocCentral Asia Metals reported first-half copper production of 6,716t from the Kounrad copper a...Read More
Copper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Navigating the ESG Compliance LandscapeSPONSOREDepirocMarking the definite end of a pandemic is a tricky thing to do. It's said that they start wit...Read More
The PFS details average gold production of 65,300ozpa over an eight-year mine life at an all-in sustaining cost of US$1235/oz, following a $109 million initial capital investment. Read More
Certain establishment types consider my ideas extreme. They accuse me of being a conspiracy theorist or some kind of kook, way outside the boundaries of acceptable consensus.That's fine, I expect that. If you threaten powerful interests, you can expect that they'll try to discredit you.The fact is people are conditioned to accept whatever the authorities tell them. It's a powerful urge that actual...Read More