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

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 consultingRobert MacDonald, South Silver Exploration Vice-President of Exploration, tells Mining Journal Select the developer is gearing up to attr...Read More

Share this article TORONTO - BHP Billiton Ltd. [BHP-NYSE, BHPLF-OTCPK] said Tuesday it is using artificial intelligence and machine learning in a new collaboration with Microsoft Corp. [MSFT-NASDAQ]. The aim is to improve copper recoveries at the Escondida mine in Chile, which ranks as the world's largest copper mine.BHP Chief Technical Officer Laura Tyler said that by augmenting new digital techn...Read More

(IDEX Online) - India is now importing mote diamonds from Russia than before the invasion of Ukraine and the introduction of US sanctions, according to the GJEPC (Gems and Jewellery Export Promotion Council). It bought $818m in 2022-23, compared to $855.83 in 2021-22, an increase of just under eight per cent.India relies heavily on Russian imports, especially of smaller stones. Banking restri...Read More

This is a financial newsletter, not a political one, much less a partisan one. But politics affects markets. And if I come across as partisan when weighing in on politics, so be it.But it's based upon objective analysis. Having gotten that disclaimer out of the way, let's get started...The Biden administration is playing political games with one of America's most critical national security assets...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 royaltyAfter a drubbing in regional elections, Spain's socialist prime minister, Pedro Sanchez, has called a snap election, five months early, a...Read More

The artificial intelligence boom has taken the market by storm.In fact, I believe it's possible that the market's sudden fascination with all things AI is the main driver of the tech sector's strong performance so far this year.And I'm not just talking about the bubble basket of smaller AI pure-plays, either...The Nasdaq 100 is now up 30% year-to-date, easily topping the S&P and the Dow. The b...Read More

FPX, which is advancing its Baptiste nickel project within the Decar nickel district of British Columbia, Canada, issued Outokumpu 26.8 million shares priced at 60c in a private placement.Read More

The Chinese firm is to pay 81c per new share for a 9.Read More

(IDEX Online) - Direct flights between Surat and Dubai would further boost trade between the manufacturing and trading hubs, says Ahmed Bin Sulayem, chairman of the Dubai Diamond Exchange (DDE).He's calling on the government-owned budget airline Flydubai to introduce a service and enhance existing ties."I am pushing Flydubai, and I'll push harder even to have a direct flight to Surat bec...Read More

(IDEX Online) - Police are hunting three raiders who burst through the wall of a jewelry store, attacked the owner, and fled with gold necklaces and bracelets and loose jewelry.They broke in overnight to a vacant premises next to Ramallah Jewelry in Oak Lawn, Illinois, USA, and removed one layer of a dry wall dividing the two properties.When Elias Mseeh opened up for the day, they kicked through t...Read More

Look beyond market approach to project valuations: van ZylLeadershipNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources The Chinese firm is to pay 81c per new share for a 9.Read More

Local communities have protested against the 120,000tpa project, permitted in 2019, for about a decade, with one of their fears being its impact on local water sources.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 royaltyThis year, investment in solar is expected to reach US$382 billion, surpassing investment in oil of $371 billion, according to the Intern...Read More

(IDEX Online) - The World Diamond Council (WDC) has held "open and robust discussions" towards updating its definition of conflict diamonds.Feriel Zerouki, who has taken over from Edward Asscher as WDC president, said she was positive about progress made at the four-day 2023 Intersessional Meeting of the Kimberley Process, in Victoria Falls, Zimbabwe."We believe that an expansion on the definition...Read More

Dear Outsider,On this Memorial Day, I want to write a few words to remember those who made the ultimate sacrifice. Without them, we wouldn't have the privilege of living in the greatest country in the world. And to all the military families and veterans out there, we thank you.I come from a military family (go Navy!). My great-grandfather left Princeton to drive ambulances for the French army in W...Read More

(IDEX Online) - The big three auction houses - Phillips, Sotheby's, and Christie's - sold watches for a combined total of $108m in a single weekend, dispelling concerns of a slowdown in the pre-owned market.Phillips sold all lots offered at its Geneva Watch Auction XVII, in association with Bacs & Russo, bringing in over $52m, with two watches selling for over $3m each.Christie'...Read More

(IDEX Online) - A diamond and platinum bandeau tiara, signed Boucheron Paris and owned for over a century by a British aristocratic family, is to be sold at Christie's London with a high estimate of $185,000.It's the most valuable of three tiaras offered at Christie's Jewels Online: The London Edit, which runs from 2 to 15.The double bandeau, featuring old- and rose-cut diamonds, co...Read More

(IDEX Online) - De Beers today issued a flat denial over a "damaging" and "unsubstantiated" newspaper allegation that it had violated sanctions on Russian diamonds."Let us be clear - this allegation is not true," it said, in response to claims in the The Sunday Standard of Botswana.The paper ran a front-page story today (28 May) headlined "De Beers' sanction busting scandal snarls up Botswana...Read More

I hope you're having a good Memorial Day long weekend. Meanwhile, how do you like the title of this article? Did it catch your attention? Because the idea is to question your patriotism if you don't fork your money over to the U.S. government.It's abrupt, but don't blame me! That wording isn't mine. Our government said this, in a poster from 1918 during the Third Liberty Loan drive that raised mon...Read More

Normally, I wouldn't do this...But today I'm going to give away a stock from my premium trading service, Secret Stock Files.This is serious, because people pay a lot of money for this information. However, we currently have 12 stocks in the Secret Stock Files portfolio and there are more to come. On top of that, I don't feel too bad about giving this information away because:It really exemplifies...Read More