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 velocity of the moves in the precious metals space is accelerating as I anticipated it would. Gold has now made a new all-time high and silver - which typically overshoots to the upside or to the downside - has now breached the $20.50/oz. line I felt was critical before a real sustainable breakout could happen. If history serves as a guide, silver has a lot of catching up to do and while $50...Read More

Russian Energy Minister Alexander Novak said earlier that Russia's compliance rate in June had been 99%Read full newsRead More

(Bloomberg) -- Tech and pharma may be getting the attention these days, but three mining billionaires are quietly padding their fortunes with an investment that's decidedly more old school.Saudi Arabia's Mohammed Al Amoudi and Russia's Alexander Nesis and the family of Suleiman Kerimov have the largestRead full newsRead More

Karangahake Gorge Historic Walkway in Karangahake, New Zealand, follows an old railway line with access to an abandoned gold mine. Bring a flashlight.Read full newsRead More

KORE Mining Ltd. (TSXV: KORE) (OTCQB: KOREF) (Read full newsRead More

(IDEX Online) - The IDEX Polished Diamond Price Index was flat throughout July, closing just a fraction up on the start of the month. It rose by 0.29 per cent, compared with a slight fall of 0.35 per cent in June. May was another straight-line month, down by a negligible 0.04 per cent. The index rose by 0.7 per cent in April, prompting hopes of a post-COVID recovery, but there has been little...Read More

(IDEX Online) - Israel's government is facing calls to set up an international free trade facility to kickstart the recovery of the country's crisis-hit diamond industry.A delegation from the Israel Diamond Exchange (IDE), led by its president Yoram Dvash, presented its case for increased government aid at a special hearing of the Knesset Economics Committee.The committee is calling on t...Read More

(IDEX Online) - Jacob the Jeweler, watchmaker to rappers and celebs, has unveiled a $7m timepiece, encrusted with 189 carats of diamonds.The Billionaire Ashoka takes its name from unique cut of the stones, which in turns is named after the third-century Indian warrior King Ashoka Maurya.The patented cut is said to optimize brilliance and can make a stone looks up 30 per cent larger than an emerald...Read More

KORE Mining Ltd. (TSXV: KORE) (OTCQB: KOREF) (Read full newsRead More

Tech and pharma may be getting the attention these days, but three mining billionaires are quietly padding their fortunes with an investment that's decidedly more old school.Read full newsRead More

KORE Mining Ltd. (TSXV: KORE) (OTCQB: KOREF) (Read full newsRead More

Speculators' net short U.S. dollar positioning soared to the highest level since August 2011, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.Read full newsRead More

Speculators' net short U.S. dollar positioning soared to the highest level since August 2011, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.Read full newsRead More

Chile's environmental watchdog said it would charge BHP's (NYSE, LSE: BHP) Escondida copper mine, the world's largest, with drawing more water than its permits allowed for nearly 15 years.The Superintendency of the Environment (SMA) said the operation has caused a decrease in the water table levels greater than 25 cm, which is the allowed limit in the Atacama desert, the world's driest, where Esco...Read More

Kirkland Lake Gold (TSX, NYSE: KL; ASX: KLA) on July 30 reported strong financial and operating results for the second quarter of 2020, despite disruptions caused by Covid-19.Adjusted net earnings came to US$219.3 million, or 79 ? per share, double the Q2 2019 level of US$109.8 million, or 52 ? per share, and 22% higher than the US$179.2 million, or 70 ? per share, recorded for the previous quarte...Read More

Prices for round polished diamond were largely static for the "bread and butter goods" - sizes between 0.70-1.99 cts - in July. Fancies under four carats sustained a number of losses. There wasn't a single movement among one-carat rounds (1.00-1.24 cts) and slightly larger and smaller stones - 0.90-0.99 cts and 1.25-1.49 cts - barely moved. But there were discernible trends among some ot...Read More

We're in this mess because of a lack of long-term planning. Do I mean the fiscal crisis facing this country or the health crisis? Yes. In a time where rapid money printing has gone hand-in-hand with a pandemic to bring the economy to a grinding halt, it seems like unified leadership is a pipe dream at best. Instead, the people responsible for trying to get us through this are content to point...Read More

July 30, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / July 30, 2020 / Renaissance Gold Inc. (TSXV:REN)(OTCQB:RNSGF) (Read full newsRead More

America puts biogas at the heart of rural recovery Biogas production is to be at the heart of a $10 million study into how to boost 'struggling' rural economies while protecting the environment. The new federal grant from the...Read full newsRead More

Look for these qualities to navigate an economic downturn.Read full newsRead More