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) - An Indian company says it has broken its own record for the world's biggest polished lab grown diamond, at 50.25 carats.Ethereal Green says it took eight months to grow the Type IIa crystal using chemical vapor deposition (CVD). It was then cut and and polished into an emerald-cut G color, VS2 clarity gem named Shiphra. The same company announced last month that it had gr...Read More

(IDEX Online) - US watch and jewelry sales fell yet again during April, by 7.1 per cent according to figures released by the US Department of Commerce. That's an improvement on the 8.8 per cent drop in March, but only a slight one. Year-on-year sales showed modest growth from May 2022, but dipped below zero in October 2022, where they have remained ever since (with the exception of an 0.8 per...Read 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 consultingOsisko Mining and Patriot Battery Metals have complied with provincial requests to cease field activities due to very high forest fire ri...Read More

Polymetal chief executive Vitaly Nesis and chief financial officer Maxim Nazimok, among other senior management, have resigned from their position at the company's Russian subsidiary JSC Polymetal.Read More

(IDEX Online) - An amateur diver was astonished to learn that the Rolex he bought for just $345.97 in 1974 could now sell for as much as $700,000 at auction.He fell to the ground when he was given the valuation on camera for the US edition of Antiques Roadshow.The unnamed guest said he bought the Oyster Cosmograph 6263 by mail order to use while Scuba diving, but decided instead to keep it in a sa...Read More

Over the weekend, I was driving on the highway when I came across an odd vehicle on the back of a tow truck.I did a double-take.And I had to snap a picture of it...Not sure if you can make it out, but that's an armored truck with Coinbase branding.On the back, it says, "It's time to update the system."An armored truck filled with crypto?!What the heck is going on?Well, as it turns out, Coinbase ju...Read More

Under the arrangement, Thesis shareholders will receive 2.6 Benchmark shares for each Thesis share, implying consideration of C96c per share, a 26.2% premium over Friday's close.Read More

It looks like the much-anticipated Ukrainian spring offensive may finally be getting underway. Yesterday, Russia repelled Ukrainian attacks in five places.It's very early these were likely probing attacks looking to detect weak points in Russian defensive positions but these attacks were much heavier than previous probing attacks.We'll have to see what happens.When the main offensive comes, it...Read More

(IDEX Online) - Polished diamond prices were down yet again during May with the prospect of a global recession still looming large. The IDEX Polished Price Index, derived in real-time from actual global industry asking prices is now down just over 22 per cent on its peak in March 2022. It's been sliding ever since then. Last month it slipped by 1.27 per cent, down slightly from...Read More

Maintenance at Daye's 300,000 tpa smelter in Hubei province, Zhongtiaoshan's 50,000 tpa Shanxi smelter and Zijin Mining's 150,000 tpa Qiqihar plant in Heilongjiang meant were offset by a ramp up inRead More

(IDEX Online) - Tiffany & Co is offering plain white bags to customers, so they can conceal their purchases.The jeweler's newly re-opened flagship store on Fifth Avenue, New York, is responding to a steep increase in street crime.Other high-end retailers in the area, such as Hermes and Louis Vuitton, are doing likewise, according to the New York Post.Tiffany is famous for its trademark ro...Read More

(IDEX Online) - Lightbox, the lab grown company launched by De Beers in 2018, says its diamonds have been certified as carbon neutral by the Carbon Trust.It uses 100% renewable wind energy to produce stones at its recently-built $94m facility near Portland, Oregon, USA.And it offsetts any remaining greenhouse gas emissions it produces through carbon certified offset projects supporting the expansi...Read More

(IDEX Online) - Billionaire Amazon boss Jeff Bezos has presented his fiancee Lauren Sanchez with a huge diamond engagement ring, estimated at up to 30 carats and valued at up to $5m, according to US media reports.Bezos, 59, proposed to his long-term girlfriend on his $500m superyacht the Koru during a Mediterranean vacation. Divorced Sanchez, 58, is a US media personality and former TV news anchor...Read More

Perhaps you're aware that the World Health Organization (WHO) is cooking up a plan to impose its will over all the sovereign nations on this planet in the event of future pandemics.That means, for instance, that the WHO would issue orders to the USA about lockdowns, vaccines and vaccine passports and we U.S. citizens supposedly would be compelled to follow them.Why the "Joe Biden" regime would go...Read More

SRK visualisation tool to help engagementSPONSOREDsrk consultingTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltyThe auctions, held between May 15 and June 1, yielded record revenues for a Kagem emeralds auction, at US$43.7 million. All 35 lots offer...Read 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 consultingMorris was most recently CFO of Maersk Drilling in Copenhagen. She has also served as CFO of oilfields services company BJ Services and s...Read More

Share this article TORONTO - Emerita Resources Corp. [EMO-TSXV, EMOTF-OTC] said Friday it is raising $8 million via a private placement offering and will use the proceeds to continue exploration and development work on its Spanish base metal properties.Emerita said it has struck a deal with a syndicate of agents in connection with an offering of 20 million units priced at 40 cents each. Each unit...Read 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 consultingIn dollar terms, the investment bank's latest copper price predictions in a 144-page Copper Book are a base case of US$5.45 a pound by 20...Read More

The company obtained the mine through its 2019 acquisition of Goldcorp and has already spent over $100 million on the plan, a Newmont official told Mining Journal.Read More

After several months of negotiations with Saudi-based Obeikan Investment Group the pair has signed a binding terms sheet for a new 50:50 downstream joint venture company.Read More