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) - The Botswana government is to see its share of De Beers diamonds double from 25 per cent to 50 per cent over the next 10 years, after both sides reached a last-minute agreement on Friday (30 June).Botswana's President Mokgweetsi Masisi had repeatedly threatened to walk away from the deal unless De Beers agree to more favorable terms - reportedly the 50 per cent figure.In a pre...Read More
By now, if you haven't been living under a rock, you've heard all about the failed "coup" in Russia against Vladimir Putin.I put the word coup in quotes for a reason. All available evidence indicates that it wasn't a coup at all. It was more of a temper tantrum.You'd think that the hapless D.C. neocons, Antony Blinken and his boss, Victoria Nuland, plus the gang at Spook Central, would have learne...Read More
(IDEX Online) - Round prices maintained their long-term decline during June, but fancies fared significantly better, with price rises dominating in some sizes. Prices overall have been falling since hitting their peak last February. Rounds are being badly hit by the global recession and an increasing price differential between lab growns and mined diamonds. Lab growns are becoming an increasi...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 metalsChanging the face of mining is a collaboration between White & Case, ARCH Emerging Markets Partners and Women in M...Read More
(IDEX Online) - The deadline is now only hours away for De Beers and the Botswana government to renew the long-standing deal that now covers the sale of 25m carats a year.The government's minerals and energy minister Lefoko Moagi told reporters yesterday (Thursday 29 June) that no agreement had yet been reached, but that both sides were working around the clock towards today's deadline."...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 limited"The investment of more than $1.Read More
The percentage of Americans interested in buying an electric vehicle skyrocketed over the past year.A survey conducted by Ernst & Young through the months of March and April found that over 20% of respondents would consider making a fully electric vehicle their next car purchase. That's up from a scant 5% last year.Furthermore, when hybrids were added into the equation, 48% of respondents said the...Read More
Globalist elites like to talk about democracy. But in reality, they don't believe in democracy.When the U.K. voted for Brexit in June 2016, the globalists were stunned. They couldn't believe it. They then did everything they could to delay and fight Brexit.Then when Donald Trump won the election as president in November 2016, the globalists were even more stunned. They went into complete denial an...Read More
"Supply security is a big issue for us. We are highly dependent on imports. I think this will be a big opportunity for Chinese companies as well.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 metalsBears, however, are not giving up easily, pointing to earlier price collapses which have followed catastrophic nuclear...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 limited "Supply security is a big issue for us. We are highly dependent on imports. I think this will be a big opportun...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 metalsSpeaking a dinner held by the Melbourne Mining Club in London, Nagle admitted that the future direction of the company...Read More
(IDEX Online) - Mexican rapper Peso Pluma is wearing his diamonds on his teeth.The 24-year-old, who shot to fame with his first single on TikTok last February, has spent $50,000 on custom-made grills made of 10-karat gold and encrusted with 200 diamonds and six red hearts.The removable accessories were designed by celebrity jeweler Braggao, who posted pictures on his Instagram account. He did not...Read More
(IDEX Online) - A diamond and pearl necklace and earrings owned by the late Princess Diana were withdrawn from auction in New York, after they were sold to a "prominent museum". The Swan Lake Suite - named after a London ballet performance she attended while wearing them in June 1997 - was due to be sold with a $5m to $15m estimate on Tuesday (27 June). But auctioneer Guernsey...Read More
(IDEX Online) - A "once in a lifetime" 29.52-carat pink diamond, recovered from the banks of the middle Orange River, in South Africa, is being sold tomorrow (30 June).The Type II rough diamond, said to have an "unusual depth of color and exceptional clarity" and has been named Protea Pink, after South Africa's national flower.It is believed to have originated in the Lesotho kimberlites 90m y...Read More
(IDEX Online) - Petra Diamonds says it expects production to fall this year, as it closes the loss-making Koffiefontein mine, in South Africa, and works towards re-opening the Williamson mine, in Tanzania, after the breach of a tailings dam.The UK-based miner is forecasting a total output of 2.75Mcts to 2.85Mcts for 2023, down from 3.35Mcts in 2022.But it forecasts an increase in 2024 to 3.00cts t...Read More
"The definitive feasibility study has reaffirmed the Ewoyaa Lithium project's impressive economic outcomes and profitability potential," Atlantic chief executive Keith Muller 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 medium-term outlook for PGMs remains robust as technological innovation and ambitious decarbonisation goals open u...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 limitedAustralia's Minister for Resources, Madeleine King, released the government's long awaited "plan to grow our critical...Read More
Today we abandon our focus upon the Ukraine situation. We abandon our focus upon Wall Street. We abandon our focus upon politics, mercifully.Yet we focus indirectly upon them all.That is because today we distinguish between individual man... and collective man.For they are not the same thing.War is the product of collective man... as is war by other means politics.We propose that individual...Read More