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
(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
(IDEX Online) - New technology will calculate the carbon footprint of each individual natural diamond, from mine to polisher, and certify that figure on a blockchain.CarbonVero will provide an exact measure of the greenhouse gas emissions and energy consumption of any stone over 0.25 carats that can be passed to the end consumer.The groundbreaking new system is a collaboration between diamond tech...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 metals"China's CATL grew by 59.6% compared to the same period last year, becoming the only battery supplier in the world wit...Read More
After all, this is a company that is preparing for the safer, smarter, more automated and less manual mine. It is considering approaches for which the technology does not even exist.Read More
(IDEX Online) - Vladimir Malakhov, editor-in-chief of the Rough & Polished website, has died aged 76 after battling cancer.He soldiered on to until the end, posting diamond news stories on a platform that appeared in Russian, English, Chinese and Portuguese.The website went offline shortly after his death, on 17 June."I had a special relationship with Vladimir, and he was one of my close confi...Read More
SAVANT publishes a monthly activity dispersion index, which is a measure of capacity-weighted levels at smelter sites - and an inactive capacity index, which is more binary observations of whether aRead More
(IDEX Online) - As many as one in 10 luxury watches are fakes, says Arjen van de Vall, CEO of Watchfinder, the UK's largest seller of second-hand timepieces.He says it's getting harder and harder, even for his experts, to tell the difference."We have a check list when our watchmakers see a watch. In the old days, around 20 per cent of watches would require further inspection to und...Read More
"Adios!" says reader James H.James is loading his luggage... and taking his leave of us. Why?Explains James:The “commentary” you circulated [yesterday] on Independence Day, by Mr. North, was and is a slap in the face of every true American. I’m canceling my link to your site.James of course refers to yesterday's reckoning, "Was the American Revolution a Mistake?"It was authored b...Read More
The railway will provide faster trade routes to Europe and the Americas from the copper and cobalt-rich areas of Congo and Zambia, according to a statement from Angolans transport minister RicardoRead More
The latest Resources and Energy quarterly, put out by Australia's Department of Industry, Science and Resources, sees growing supply weighing on many commodities, not helped by a sluggish outlook forRead More
This compares to 93,603t of copper in concentrate in the first quarter of this year, evidencing that the project is successfully ramping up.Read More
(IDEX Online) - The government of Namibia could seek an increased share in its sales agreement with De Beers, after the mining giant agreed a phased move to a 50/50 split with Botswana.Namdia, the state-owned diamond company currently receives 15 per cent of the diamonds produced by Namdeb, the 50/50 joint venture between the government and De Beers.The 10-year agreement expires in May 2026. Namib...Read More
Mali's military leader Assimi Goita, appointed Amadou Keita, former minister of higher education, as minister of mines in a government reshuffle.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 LandscapeSPONSOREDAfter all, this is a company that is preparing for the safer, smarter, more automated and less manual mine. It is cons...Read More
While platinum and palladium may not have the same allure as gold or silver, they play a crucial role in the global economy.These metals possess exceptional resistance to wear and tarnish, making them well-suited for various applications, including jewelry. Their stable electrical properties have made them an essential material for electrical capacitors and semiconductors, which are vital componen...Read More
BMI forecast the 2023 average copper price at US$8,800/t, from $9,000/t forecast previously. Copper is currently trading in London at around $8,400/t.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 metalsViga has the capacity to produce 4Mt of iron ore. The company did not disclose what the impact of the suspension...Read More
The facility will provide enough critical battery materials to power one million EVs, the company said.Read More
Share this article VANCOUVER - F3 Uranium Corp. [FUU-TSXV; FUUFF-OTCQB] reported scintillometre results from the initial eight holes of the continuing 30-hole summer drill program at the JR zone on the 100%-owned Patterson Lake North (PLN) property, Athabasca basin, northern Saskatchewan, including four high-grade intercepts.Drill hole PLN23-068 tested for mineralization 22 metres up dip of the hi...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 LandscapeSPONSOREDBase metal mineralisation was identified at Ransko mid-last century while Otov features 17 reported pegmatites and an...Read More