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 offered 6.33 billion shares at a price of 1,695 rupiah each, raising some 10.73 trillion rupiah (US$708 million). Amman was seen trading between 1,700-1,820 rupiah on July 7.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 "We will have to work together with the authorities in the development of the regulations for...Read More
TikTok user Roxie Abernathy recently came to a devastating realization...The janitor at her local gas station makes as much money as she does at her desk job as a case manager in the healthcare industry."I haven't been the same since," she says in a post that's now garnered more than 855,000 views. "All love to janitors I honestly might join you at this point."After seeing her post inundated with...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 company offered 6.33 billion shares at a price of 1,695 rupiah each, raising some 10.73 t...Read More
Huayou purchased the Arcadia hard rock deposit from ASX-listed Prospect Resources for $422 million in 2022, and has invested a further $300 million.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
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 tour of the mine which has caused Rio Tinto a seemingly endless round of ownership, techn...Read More
The assault on enterprise of the last few years meaning not the biggest politically connected businesses but smaller ones reflecting vibrant commercial life has taken very strange forms.Ever since The New York Times said the way forward was to "go medieval," the elites have been attempting just that. But this medievalism has not come at the expense of Big Data, Pharma, Ag or Media.It mainly hi...Read More
(IDEX Online) - A bright orange sapphire has been recovered from a ruby mine in Greenland, in what's been described a one-in-a-million discovery.Sapphire is most commonly found as a blue gemstone, although trace elements can result in a wide variety of colors.The Aappaluttoq ruby deposit, operated by Greenland Ruby, has previously unearthed pink to orangy pink sapphires, but to find a bright...Read More
Japan has long been associated with platinum innovation and investment, from platinum-based hydrogen fuel cells for the 2020 Tokyo Olympics to platinum accumulation plans for investors.Read More
(IDEX Online) - Lucapa has recovered a 180.87-carat Type IIa white diamond at its Lulo alluvial mine, in Angola.It's the second +100 carat diamond of the year so far. In February it found a 150-carat Type IIa D-color white diamond.And it's the 37th +100 carat since since the Australian miner began commercial production at Lulo in 2015.Last November the 170.2-carat Lulo Rose, believed to...Read More
Navigating the ESG Compliance LandscapeSPONSOREDReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedSaturn works dual-focus opportunitySPONSOREDsaturn metalsIn a report on the net zero transition, McKinsey said that in order to accelerate mining to meet the demand from energ...Read More
CMC is expected to be created in the near future, with European hoping to complete its A$750 million merger with the NASDAQ-listed special purpose acquisition company Sizzle.Read More
(IDEX Online) - The new Surat Diamond Bourse (SDB) is facing criticism for offering incentives to new members if they close their offices at the Bharat Diamond Bourse (BDB), in Mumbai.The new trading hub, built at a cost of $355m, is finally due to open this November after almost four years of delays.But is has provoked anger by urging SDB traders who also operate from BDB to close their office th...Read More
Can you expect continued inflation or a trend toward disinflation and possibly even deflation?That's probably the most important question in economics today.This is more than a matter of competing narratives. The question goes to the heart of modern economics (the so-called Neo-Keynesian consensus) and the models used in economic forecasting.In truth, it goes to the heart of economics generally...Read More
(IDEX Online) - A one-off Tiffany "Bird on A Rock" pendant watch is to feature in the Only Watch charity auction to raise funds for Duchenne Muscular Dystrophy.The watch case features a faceted aquamarine crystal of over 34 carats, and a dial set with 461 snow-set diamonds of over 1 total carat. It has an estimate of $390,000 to $556,000 (CHF 350,000 - 500,000).The bird is fashioned from plat...Read More
Saturn works dual-focus opportunitySPONSOREDsaturn metalsCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpNavigating the ESG Compliance LandscapeSPONSOREDThe benchmark S&P/ASX 200 resources index appreciated 1.5% over the last six months. With dividends, the tot...Read More
Navigating the ESG Compliance LandscapeSPONSOREDReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpSaturn works dual-focus opportunitySPONSOREDsaturn metalsCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedFerrexpo, which produces high-grade iron ore in central Ukraine, reported pellet production of 1.066Bt in the three mo...Read More
The first drill hole of the summer drilling campaign at the Mavis Lake lithium project in Ontario returned 74.4m of continuous spodumene-bearing pegmatite averaging 20% spodumene.Read More
Happy Thursday from sunny Sicily!It's been blazing brightness all week here on the Mediterranean's largest island. We've had a great time so far.But I'm so sunburnt, it's great to be inside typing away.When I started writing the Rude Awakening two years ago, we had far fewer readers than we do now. We also have a different interest rate environment.So I thought I'd revisit a piece I wrote when rat...Read More