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

SRK visualisation tool to help engagementSPONSOREDsrk consultingCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesAustralia has always relied heavily on foreign companies taking a bet on the value of its resource endowment.Read More

The company announced the plant had produced the first copper concentrate. Construction is nearing completion, with equipment commissioning activities over 92% complete for the initial 3.Read More

The expansion would add 40,000tpa of new capacity to the operation, a 20% increase. Toromocho produced 244,712t of copper in 2022.Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelRio chairman Dominic Barton, who was not with the company at the time of the incident, addressed the Financial Review Mini...Read More

(IDEX Online) - The withdrawal of the 2,000 rupee bank note is expected to fuel a consumer spending frenzy in India on diamonds, gold and other luxuries.The Reserve Bank of India announced on 19 May that its highest-value note - worth around $24 - will no longer be legal tender after 30 September.The notes can be deposited or exchanged, but economists say many people will be wary that the tax auth...Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelMartino De CiccioSRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in...Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelDavid ReadingSRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in Sout...Read More

Greetings from a soggy Asti!As I wrote, we got loads of rain, and the ground is just starting to get used to the water again. Last summer, we went almost 90 days without rain. This year, thankfully, we're getting pummeled with sky water.Good friend and Daily Reckoning Grand Poobah Brian Maher asked if I wanted access to the DR's mailbag. I politely declined, thinking there were enough hands there...Read More

The US International Development Finance Corporation is conducting due diligence for a potential financing package of US$250 million to finance the Lobito Atlantic Railway Corridor, which runs acrossRead More

I'm Jim Rickards' chief financial strategist and that brings a lot of responsibility. After all, Jim is one of the world's most prominent financial minds. And I really need to be on my game in order to keep up with him. It's hard, but rewarding work. Without that intro out of the way, let's address why we're facing a looming liquidity crisis...Almost every Wall Street strategist will tell you th...Read More

(IDEX Online) - A Patek Philippe owned by the last emperor of China sold for $6.2m at Phillips Hong Kong, smashing its pre-sale high estimate of $3m.It belonged to Aisin-Gioro Puyi, last emperor of the Qing Dynasty, who was forced to abdicate when he was just six during the Xinhai Revolution, and whose life and times are dramatized in Bernardo Bertolucci's The Last Emperor.The platinum Refc96...Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelCopper, iron ore, lead, zinc and anode mud from copper concentrates will continue to be allowed to be exported until May n...Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelWith accusations of a lack of independence and poor pay-to-effort ratios, the gloves are off in the Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe package consists of a $46 million multi-metals stream expected to be funded in June and a commitment for a $21 million...Read More

(IDEX Online) - Manufacturers in Surat are reportedly extending their summer vacations as the recession hits and consumers in the US and Europe boycott Russian goods.Slow demand is forcing many units to lay off staff, reduce working hours or insist on longer vacations to avoid overproduction.There are also concerns that the G7 and EU countries -  which have not so far sanctioned Russian goods...Read More

With US politicians increasingly showing support for boosting production of homegrown copper, the USGS told Congress that it has not yet reached the status needed to be included on the US CriticalRead More

Look beyond market approach to project valuations: van ZylLeadershipSRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesA positive set-up for gold and silver is fed by the confidence in central banks taking a hit following their misjudgment of i...Read More

"There's a real disconnect between the frenzy on the ground, versus what's happening in a very placid equity market," Viljoen said.Read More

A positive set-up for gold and silver is fed by the confidence in central banks taking a hit following their misjudgment of inflation trends with the strongest and fastest interest rate hikes in overRead More

(IDEX Online) - The Natural Diamond Council (NDC) is backing the coins and bars produced by New York-base Diamond Standard as an investable asset.NDC says it will actively promote Diamond Standard products, showcasing them in jewelry stores through a retailer affiliates' program, and providing publicity material to emphasize the role of diamonds in diversified portfolios.Diamond Standard laun...Read More