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) - US watch and jewelry sales picked up a little during May. They were still down year-on-year - but showed some improvement on April, which was in turn better than March, which suffered the biggest fall since the pandemic.Sales during May were down 4.8 per cent on the same month last year, compared with a year-on-year drop of 7.2 per cent in April (revised from last month's 7.1...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 metalsBMI forecast the 2023 average copper price at US$8,800/t, from $9,000/t forecast previously. Copper is currently tradi...Read More

The facility will provide enough critical battery materials to power one million EVs, the company said.Read More

(IDEX Online) - Polished diamond prices were down yet again during June, as the Index suffered its biggest monthly loss - 3.04 per cent - since the current decline began last March.That's significantly worse than last month, when the Index fell by 1.27 per cent. It was down 1.47 per cent in April and 0.98 per cent in March. The slide during June was marked by a steep decline in the middle of...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

"Good artists copy; great artists steal." Pablo PicassoYou know a company has "made it" when it becomes part of the vernacular.For example, you don't look something up on the internet you Google it.You don't ship a package you FedEx it.You don't ride-share you Uber.And for a very long time, if you made copies of a document, you Xeroxed it.Xerox became a household name and an industry standa...Read More

The telegraphed plan to sell the two Burkina Faso mines Endeavour's push to "focus management efforts on higher quality assets," Endeavour president and chief executive Sebastien de Montessus said.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 country's official manufacturing purchasing managers' index (PMI) fell for a third consecutive month, remaining be...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 LandscapeSPONSOREDOnly weeks after wrapping up the acquisition of Kalgoorlie explorer Breaker Resources, ASX 300 gold producer Ramelius...Read More

Information extracted from PwC'S 2023 Mine report meanwhile showed that 70% of young (Canadian) people polled would definitely/probably not consider a career in mining, with 67% answering the same forRead More

(IDEX Online) - Thousand of tonnes of diamonds are literally raining down on Saturn and Jupiter, say scientists.They believe frequent lightning strikes turn methane around the two planets into soot - carbon - which hardens as it falls and eventually becomes diamonds.Researchers Dr Kevin Baines, of the University of Wisconsin-Madison and Nasa's Jet Propulsion Laboratory, and Mona Delitsky, fro...Read More

(IDEX Online) - A "unique" 29.52-carat pink diamond, recovered from the banks of the middle Orange River, in South Africa, has sold on tender for $8m.   The Johannesburg-based Pioneer Diamond Tender House says it's the highest price paid for any stone they've sold.   The Type II rough diamond, named Protea Pink, after South Africa's national flower, sold for $271,307 per c...Read More

The setting: Beijing, 1971. The characters: United States National Security Advisor Hank Kissinger and Chinese Premier Zhou Enlai.They are discussing diplomacy.At one point a pause broke their conversation. Mr. Kissinger then solicited his host's estimate of the French Revolution's impact upon the world."Too early to say," came the response.Premier Zhou was likely referring to the 1968 student agi...Read More

(IDEX Online) - Firefighters in New York tackled an electrical blaze at Tiffany & Co's new $500m flagship store, on Fifth Avenue, Manhattan.Fourteen fire appliances and 80 firefighters were involved at the height of the blaze, according to the New York City Fire Department.The fire broke out on Thursday morning (29 June) before the store had opened to customers in a basement utility vault...Read More

The bank said it estimated China lithium carbonate at $37,500t for the second half half of this year.Read More

The Swiss mining major, with already holds some 82% of PolyMet, is bidding for the remaining shares at $2.11/share, or about $71 million in total.Read More

Cavalier Resources executive technical director Daniel Tuffin points to "exciting times ahead" as the Western Australia-based company advances its Crawford gold project and explores newly-identified lithium-caesium-tantalum targets at its Ella's Rock project.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 metalsStokes and Wanblad are a world apart in their chosen professions, and they were half-a-world apart when the issue of h...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 metalsInformation extracted from PwC'S 2023 Mine report meanwhile showed that 70% of young (Canadian) people polled would de...Read More

(IDEX Online) - Gem Diamonds has recovered its second +100-ct diamond of the year at its Letseng mine, in Lesotho.The UK-based miner described it as "an impressive 163.91-carat yellow diamond".But it will be hoping for more. Recoveries of large diamonds last year were below average - four +100-cts compared with an average since 2008 of eight per year.So far it has recovered two this year. In March...Read More