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) - CIBJO (the World Jewellery Confederation) is to work together with the International Grown Diamond Association (IGDA) to help consumers make informed choices.They will jointly address friction between the lab grown and natural diamond sectors."We all agree that a strategy of deriding natural diamonds or laboratory-grown diamond products is not conducive to consumers' understan...Read More
The big news over the weekend was a coup launched against the Russian government by Yevgeny Prigozhin, leader of the Wagner private military group.Prigozhin and a few thousand of his men crossed into Russia proper and surrounded a Russian military headquarters in the city of Rostov-on-Don.From there, part of Prigozhin's forces formed a convoy and set out for Moscow, about 675 miles away.Russia dep...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 limitedMining is the foundation on which we're building the circular economy and we need to be part of the conversation, she...Read More
(IDEX Online) - An antique 7.58-carat sapphire, described as the property of a royal family, sold for more than three times its low estimate at Christie's Paris.The royal blue cushion, brilliant/step cut Kashmir gem realized $1.03m (EUR 945,000). The estimate was $327,00 to $436,000 (EUR 300,000 to EUR 400,00).It was the lead item in the online Joaillerie Paris auction, which raised a total o...Read More
Shares dropped 30% at the open to 0.40p/share on the London Stock Exchange on the news. In a release to the market this morning, Premier said that it is engaging with Canmax Technologies Co.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 LandscapeSPONSORED The IRA, passed in 2022, unlocks massive new government spending designed to onshore US supply chains.Read More
BHP will acquire a Ragnar subsidiary, owner of Tullsta, with the cash consideration to be paid on completion, expected by September 30.Read More
Share this articleVANCOUVER - Arizona Metals Corp. [AMC-TSXV] on Monday announced the latest drilling results from its 100%-owned Kay Mine Volcanogenic Massive Sulphide (VMS) copper-gold project in Arizona.Highlights include 25 metres of grade 2.7% copper equivalent, 49.2 metres at 2.4% CuEq, and 5.2 metres of CuEq. The company has also completed the first four holes at the Western Target area and...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 metalsThe Australian reported last night that Patriot had appointed Macquarie Capital to sound out potential buyers of the c...Read More
(IDEX Online) - A "genius" Great Dane reunited its owner with the diamond that had fallen from her wedding ring months earlier.Katrina Lemmon, from Idaho, USA, had given up hope of ever finding the gem husband Erick Baker gave her 20 years ago."It was there one day, and I was getting ready to go to work, and it wasn't on my finger," she told local news website BoiseDev.She searched the house...Read More
(IDEX Online) - Hundreds of diamond workers from a manufacturing unit in Surat, India, have again protested over their demands for a pay increase and improved working conditions.Between 300 and 500 of the factory's 2,000 workers, supported by the Diamond Workers Union Gujarat (DWUG), protested in a dharana - sit-in - outside the Surat district collector's office yesterday.They claim Laxm...Read More
The U.S. economy has been saved time and again over the past two decades by this one weird trick:“Bringing Demand Forward” by lowering interest rates and lending standards so Americans could continue to buy stuff they didn’t really need because the monthly payment dropped as interest rates were pushed toward zero.Every time the economy faltered, the Federal Reserve would push int...Read More
"The American system of government is in jeopardy if we don't do something about it."This is the constant moan, the constant bellyaching issuing from various shades of the political spectrum.The moaning and bellyaching of the right side of the political divide intensifies when the left side of the political divide runs things and vice versa.But perhaps they are both mistaken. Perhaps the America...Read More
Rio estimates of the $1 billion awarded, $618 million was spent with Pilbara-based businesses and a record $504 million was spent with Indigenous businesses.Read More
In my last appearance on the Angel Investment Research podcast, Jason Freiert and I talked about our collective short-term memory.Specifically, I mentioned the Chinese spy balloon incident, which took place in February but which most people have already forgotten about.Well, the Pentagon hasn't forgotten.In fact, President Biden just brought it up again at a fundraiser earlier this week."The reaso...Read More
Share this articleVANCOUVER - Solis Minerals Ltd.'s [SLMN-TSXV; SLMFF-OTC; SLM-ASX; 08W-FSE] drill rig has been mobilized and has commenced the company's maiden drilling program at the flagship Jaguar lithium project, Brazil. Drilling commenced on June 22, 22 days after signing of the option agreement over the Jaguar project.Executive director Matt Boyes commented: "We are delighted to announce th...Read More
In June alone, the company released 51.8m grading 1.79gpt and 102.2m grading 2.Read More
The ratings agency trimmed its copper price forecast for 2023 to US$8,600/t, from 8,800/t. Fitch said the cut reflected "weaker year-to-date pricing due to softer economic sentiment".Read More
It's not capitalism. It's not socialism. The new word we are hearing these days is the right word: corporatism.That refers to the merger of industry and state into a unit with the purpose of achieving some grand visionary end, the liberty of individuals be damned. The word itself predates its successor, which is fascism.But the "F" word has become totally incomprehensible and useless through misus...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 metalsThat was the first reaction to the circulation last week of a research note by UBS into one of Australia's hottest exp...Read More