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

Share this articleVANCOUVER - Galantas Gold Corp. [GAL-TSXV; GALKF-OTCQX] reported results of the first exploration drill hole at the Gairloch project in Scotland. Galantas Gold holds exploration and development rights to the Gairloch Project, a 217 km? mineral licence area in Scotland that covers the Gairloch Schist Belt.Drilling highlights: Cobalt and vanadium, which are part of the UK's list of...Read More

(IDEX Online) - A platinum ring set with a 9.70-ct fancy intense yellow diamond is among the highlights of Bonhams California Jewels auction.The emerald cut VS2 diamond (pictured) is flanked by tapered-baguette diamonds at either shoulder and has an estimate of $60,000 to $90,000.It will be offered for sale at a live auction next Tuesday (18 July) in Los Angeles.Other notable lots include a platin...Read More

(IDEX Online) - Signet ranks 56th in a new list of  top US retailers compiled by the NRF (National Retail Federation) with worldwide sales of $8.32bn in 2022.It jumps from 66th place last year, following its acquisition during 2022 of the online retailer Blue Nile for $360m and Diamonds Direct, the chain of 22 specialty jewelry stores, for $490m.In 2021 Signet also bought the jewelry-rental s...Read More

The agreements contemplate an aggregate value of up to C$115.7 million in expenditures and cash payments to Azimut.Read More

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 LandscapeSPONSOREDepirocCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining The time has now come to acknowledge that the historically high mining skills shortages - whi...Read More

The International Longshore and Warehouse Union Canada (ILWU Canada) began strike action on July 1, demanding higher wages at the port and three smaller ports in the province as part of a newRead More

(IDEX Online) -  Newfield Resources has secured $50m in provisional finance to bring its Tongo Diamond Mine, in Sierra Leone, to commercial production.The Australian miner says the deposit has an initial eight-year life with peak annual diamond production of 260,000 carats forecast in Year 5.Newfield said yesterday (10 July) that its subsidiary Sierra Diamonds Limited (SDL) had signed a condi...Read More

(IDEX Online) - The world famous FC Barcelona soccer team is to turn the grass from its Nou Camp stadium into ultra-high priced lab grown diamonds.The pitch will be ripped up during a major renovation which will increase its capacity to 105,000.The grass will be used to produce 1,957 lab growns - a nod to the year the stadium was built.Among them will be a limited edition of 57 one-carat stones, w...Read More

China's BYD, the world's leading electric vehicle producer, aims to build a US$290 million lithium cathode factory in Chile, where it can obtain preferential pricing under government plans to developRead More

The match of the century is underway.It's Elon Musk vs. Mark Zuckerberg.Recently, the two have publicly stated that they would fight each other in a real-life cage match.I doubt that would ever happen, but Zuckerberg just sucker-punched Musk's career.He used a cunning tactic that would get the nod from Lao Tzu.Zuckerberg distracted Musk on Twitter.And then out of nowhere...In a move that no one sa...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 Africa, O'Keeffe was instrumental in creating and then selling Mozambique coal developer R...Read More

Is Ukraine still a thing for Americans? Of course, a brutal and tragic war is going on there with momentous geopolitical consequences. But do Americans care?Attention spans are short, and Americans have already moved on to stories about political scandals, the next election, and the usual celebrity glamour gloss. Outside of the U.S. warmonger elites and a few critics (myself included), Americans d...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 International Longshore and Warehouse Union Canada (ILWU Canada) began strike action on J...Read More

Alma Metals managing director Frazer Tabeart delves into the recent Briggs resource update, what makes a resource such as Briggs so important in the context of the copper market, the upside at Briggs and immediate plans.Read More

(IDEX Online) - The world's most expensive iPhone - incorporating a Graff diamond snowflake pendant - is on the market, for $450,000.Russian company Caviar International has made three iPhone 14 Pro Max cases of platinum and 18K white gold inlaid with a total of 570 round and marquise-cut diamonds.The Diamond Snowflake is a collaboration with British jeweler Graff and is also fits the new iPh...Read More

(IDEX Online) - Chow Tai Fook (CTF) today reported an increase of almost 30 per cent in its first quarter retail sales value (RSV), following the end of China's zero-tolerance Covid lockdowns.The recovery was much more pronounced in Hong Kong, Macau and other markets, which account for just over 13 per cent of the company's trade, than it was across the mainland.The RSV increase in mainl...Read More

(IDEX Online) - Israel's trade in rough diamonds has halved during the first half of this year, according to new government figures.Net imports were down 45 per cent compared with H1 2022 to $555m and net exports fell 54 per cent to $444m.Trade in polished goods has also been hit by the global slowdown, but not as badly.Net imports were $1.38bn in the first half of 2023, down 22 per cent year...Read More

(IDEX Online) - An honest diamond broker returned eight paper packets of polished stones he found on a road in Surat.Mukesh Rabadiya was heading home from Mini Bazaar, Varaccha, Surat, when he spotted the packets, inside a plastic box, containing 20 carats, valued at $8,500.He put the diamonds in his locker at a private safe deposit vault, according to Times of India, and a fellow broker managed t...Read More

Unbeknownst to economists, the Keynesian bedrock of modern economics using financial repression and government spending funded by debt to manage the business cycle of growth and recession is an artifact of a century of expansive cheap energy and virtuous demographics.Presented as quasi-scientific “laws of economics,” Keynesian policies of suppressing interest rates and funding stim...Read More

"We will have to work together with the authorities in the development of the regulations for the application of these laws and ensure and ensure that they provide certainty for current and futureRead More