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

When I joined the Outsider Club just over two years ago, the market was in a state of uncertainty.COVID was still raging, "transitory" inflation was soaring, and little by little the market was churning lower.Despite all that, I decided to keep trading.But I wasn't shooting blindly into the dark.I was trading alongside the richest and most powerful people on the planet.That's company insiders, Con...Read More

The output was lower than battery quality, the company said. Additional purification will achieve battery-quality lithium carbonate. This will take place in the second half of this year.Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resources"Appian is now the largest private equity firm in metals mining," Michael Scherb, chief executive of Appian told Mining Journal this morning.Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe negative treatment of a sector that staged a significant recovery earlier this year is supported by a warning from a leading Australian sto...Read More

(IDEX Online) - Signet has trimmed its full-year outlook by around seven per cent and announced plans to close around 150 of its 2,800 outlets as the "engagement gap" kicks in.The parent company of Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Diamonds Direct, JamesAllen.com, Rocksbox and others has revised down total sales forecasts from $7.67bn-$7.84bn to $7.1bn-$7.3bn."We expected the...Read More

(IDEX Online) - The world's largest gem quality ruby, the 55.22-carat Estrela de Fura, has sold for a record $34.8m at Sotheby's New York.   The highest price paid previously for a ruby was $30.3m, for the 25.59-ct cushion-cut Sunrise Ruby, a Burmese gemstone which sold at Sotheby's Geneva in May 2015.   Sotheby's said before last Wednesday's Magnificent Jewels a...Read More

(IDEX Online) - Selfridges is selling lab growns at its flagship Oxford Street department store, in London, in a high-profile endorsement for the sector.The Diamond Lab, a UK lab grown jewelry brand has a pop-up concession for a month at the Wonder Room, Selfridges' watch and jewelry hub.Vrai, the e-commerce division of US-based Diamond Foundry, already sells via the Selfridges website, but d...Read More

(IDEX Online) - The Light of Peace, a 126.76-carat D-color, internally flawless diamond, sold for $13.6m at Christie's New York.It led the Magnificent Jewels auction (on Wednesday 7 June) which realized a total of $50.7m.The Light of Peace (pictured) was offered without reserve, with an estimate of $10m to $15m.The Type IIa, pear brilliant-cut diamond started life as a 434.6-carat rough...Read More

The project reached first gold pour on June 8, nearly a month ahead of schedule.Read More

Reuters reports the company's government has banned the export of unprocessed lithium and other critical minerals.Read More

In January, Marathon bought back a 0.5% NSR on the project from Franco for $7 million, which, at the time, reduced the NSR on the project to 1.5%.Read More

On June 7, the Union notified Newmont of a strike action demanding an increase in the uncapped profit-sharing benefit provided for in the collective bargaining agreement (CBA) from 10% to 20%.Read More

UT will pay $1.10 per new share in NIC, a circa 27% premium to the ASX company's last trading price.Read More

Vanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consulting"Amid the unfavourable global financial environment, the successful attraction of the equity investment demonstrates the recognition of the gro...Read More

The State Defense Council (CDE) agency requested the stoppage, which filed a suit against the company claiming the company overexploited the deposit causing environmental damage in May.Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesUT will pay $1.10 per new share in NIC, a circa 27% premium to the ASX company's last trading price.Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe down now, up later, forecast is contained in a report titled "Gold Rush Redux" which starts with the observation that "the yellow metal sho...Read More

At a virtual meeting on June 6, Musk and Oyun-Erdene discussed a potential joint research venture, in the latest of a series of moves by the Mongolian government to capitalise on its rich mineralRead More

Nova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesSRK visualisation tool to help engagementSPONSOREDsrk consultingThe project - to be implemented by the company's wholly-owned subsidiary, Tenpower Malaysia - is estimated to need a total investment of...Read More

The project - to be implemented by the company's wholly-owned subsidiary, Tenpower Malaysia - is estimated to need a total investment of US$280 million.Read More