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) - Three diamond workers have taken their own lives in Surat within a week because of the industry slowdown, according to news reports.The Indian Express says the most recent was Paresh Mahadik, 40, a diamond polisher for 15 years who lost his job two months ago.Another diamond polisher, Veenu Moradiya, 53, and his family - wife Shardaben, 50, and children Krish, 20, and Senita, 15 -...Read More
(IDEX Online) - A British gin company is giving away diamonds to customers who buy a bottle with a lucky cork.Whitley Neill says it wants to "reignite the age-old tradition of handing down heirlooms".It's doing so by presenting winners with what it describes as "lab-created round cut diamond of D, E, F or G clarity with a minimum carat size of 0.4 mm".The 15 prizes have a combined value of $3...Read More
(IDEX Online) - Lightbox, the De Beers lab grown division, is expanding into the bridal market, with a range of 16 engagement rings.It's a significant step for a company that launched in May 2018, saying it would supply "high-quality, fashion jewelry" for "less serious occasions".Lightbox has clearly changed direction and has launched its first range of engagement rings with the tag line "Bec...Read More
If you're wondering why our country is lost in lunatic raptures of lawless Lawfare and futile MAGAry, it's because our economy has already collapsed, and our culture and politics with it downstream have also collapsed into spectacular degeneracy.It has already happened. Maybe you don't know it.The business model is broken. We're a shadow of the industrial economy that won a great war and enjoyed a...Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesBarrick's approach, which comes as the miner pursues ways to expand in copper, was met with F...Read More
Barrick's approach, which comes as the miner pursues ways to expand in copper, was met with First Quantum indicating it wasn't keen on a combination and declining to enter any substantive talks,Read More
Have you ever wondered if your government ran a swindle?We are informed of the following:The United States government has ladled out $3 trillion of "improper" payments since 2004.Enormities such as three trillion tend to glaze the eyes. They are mere abstractions. Yet we remind you:$3 trillion equals $3,000 billion.$3,000 billion!That is, improper payments amount not to $30 billion or even $300...Read More
Share this article VANCOUVER - Orford Mining Corp. [ORM-TSXV] shares rallied in active trading Friday after the company said it has identified over 50 high priority targets with lithium pegmatite potential on exploration properties in Nunavik, Que.The announcement comes days after Orford said it has raised $1.92 million, marking the first tranche of a previously announced $6.2 million non-brokered...Read More
The Minerals Security Partnership, a US-led international group, has reportedly shortlisted some 15 large-scale critical mineral projects to develop.Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsWith the five test Ashes cricket series starting later today (Friday) at Edgbaston in Birming...Read More
Metals Acquisition Corp will purchase Glencore's 100% interest in Cobar, for US$775 million in cash and US$100 million in shares (effective immediately. Glencore will retain a 1.Read More
I know AI is the hottest investment trend since they legalized pot, but I think we're all a little unnerved by it. The deepfakes AI-generated photos and videos that feel uncomfortably real...The notion that it could end up doing our thinking and creating for us, effectively making us the robots... Even the people developing it say it could lead to our extinction. I don't want that. I don't think...Read More
The deal, under which Lexington Gold would buy a majority stake in Creasy's White Rivers project, was announced in May.Read More
Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesGo to the PwC website and you will be told of an ESG revolution.Read More
The investment bank is forecasting copper prices of US$4.50/lb from 2025-2027, as production lags rising demand, and warns that this forecast "could be conservative if supply struggles to respond". Read More
Saturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMidland, a project generator, has an existing nickel partnership with Rio and counts Barrick Gold, BHP, Wallbridge Mining Company, SOQUEM and P...Read More
(IDEX Online) - More than 18,000 visitors and 12,000 exhibitor and sponsors attended JCK Vegas earlier this month, say organizers. The visitor figures were up eight per cent on 2022, the first post-Covid show, which surpassed pre-pandemic levels. More than 1,900 companies exhibited at the The Venetian and The Venetian Expo for the four-day event which describes itself as "the most important jewel...Read More
The London-listed company has released the results of 17 further holes in the Rupice Northwest (RNW) discovery, confirming that it is a separate, although overlapping ore body to the mainRead More
Anglo American signed a memorandum of understanding on a visit to Jiangxi, one of the largest Chinese copper producers, to provide consumers with greater assurances on the ESG values of their copperRead More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe increase from 2.19Mt to 2.93Mt includes a lithium grade of the measured resource across the salar being 210 mg/L lithium, while the indica...Read More