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

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAddressing the company's Australian annual general meeting for the first time since he became chairman last year, Barton said he was pleased with Rio's progress on bui...Read More

(IDEX Online) - Dua Lipa dazzled at the Met Gala wearing an updated version of Tiffany's Lucida Star Necklace, minus the iconic yellow Tiffany Diamond.It's been replaced by 100-carat D-color 82-facet cushion-cut stone, known as the Legendary Diamond.The original 128.54-carat center stone, as worn by Audrey Hepburn and Lady Gaga, is said to be worth $30m.But it became the source of someth...Read More

Scrape away the hand-wringing about interest rates and we find a bedrock of complacency. Nobody seems to doubt that the status quo can grind on for another 30 years doing the same stuff it’s done for the past 30 years.The U.S. economy and its financial system operate under the implicit belief that the Federal Reserve controls the direction of the economy and finance. This belief isn’t...Read More

Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources"Support for the 25-basis-point increase was very strong across the board," Fed chair Jerome Powell said after the meeting, according to Bloomberg.Read More

(IDEX Online) - One of the last diamonds recovered from the iconic Argyle mine - a 1.36-carat fancy deep pink stone - features in a ring designed for Rio Tinto, with a $1.33m price tag.The center stone is one of just 12 radiant-cut diamonds over 1.0-ct with a super-high 1P color grading, in the last 30 years of production at the mine, in East Kimberley, Western Australia, which closed in November...Read More

The funding will enable the ordering of long lead items for both the lithium and geothermal energy plants. Canaccord and Merrill Lynch are involved in the fundraising.Read More

"Support for the 25-basis-point increase was very strong across the board," Fed chair Jerome Powell said after the meeting, according to Bloomberg.Read More

(IDEX Online) - Polished diamond prices, which had been showing some small signs of recovery since November 2022, suffered a setback in April, slipping by 2.1 per cent. Monthly declines had been progressively smaller - from 2.4 per cent to 0.4 per cent in March.But April saw a drop of 2.1 per cent, as uncertainty persists globally, the US feels jittery over bank collapses and China's post-Cov...Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelLast week's From the Capital column related the predicament of Cyprium Metals.Read More

Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesThe funding will enable the ordering of long lead items for both the lithium and geothermal energy plants. Canaccord and Merrill Lynch are involved in the fundraising.Read More

Higher metals prices offset a 6% quarter-on-quarter drop in gold sales, resulting in quarterly consolidated revenue of US$243.9 million, marginally beating $238.Read More

The board has approved the construction of two additional processing trains at Kemerton to double hydroxide output to up to 100,000 tonnes per annum.Read More

The results continue Barrick's production slide, which saw gold output fall 3.8% year-on-year to 952,000oz, while copper output fell 12.9% to 88Mlb, with lower output contributing to a 17.Read More

The banks are in it deep.Three of the four biggest U.S. bank failures in history have occurred over the past 55 days. And depositors across the nation are (rightfully) getting concerned.With $230 billion in assets, First Republic Bank was the latest victim of its own high-risk lending practices. The FDIC took control of the bank on Monday, selling its assets off to JPMorgan Chase. The First Repub...Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe London-listed exploration and development company said it has visited with 28 tin and tantalum artisanal miners who seem keen to sign on the dotted line with them.Read More

25 basis points...The Federal Reserve elevated its target rate 25 basis points this afternoon.That rate squats presently between 5% and 5.25% - the highest level since September 2007.Here is the question spilling from every pair of lips: Was today's the final rate hike?Will Mr. Powell scratch Wall Street's belly... and caress its gills... by "pausing"?Markets presently give 90.4% odds that the Fed...Read More

(IDEX Online) - Signet, the US's biggest jewelry chain with 2,800 outlets, says an "engagement gap" is to blame for falling ring sales.The Covid pandemic was a passion killer. Relationships that may otherwise have led to 2023 weddings faltered, or never happened in the first place, as lockdowns forced people to stay at home.The average time from the first date to marriage is just over three y...Read More

The key index for measuring macroeconomic trends "plummeted" from 51.9 in March to 49.2 in April, which was "well below" forecasts of 51.4, Commonwealth Bank of Australia analyst Vivek Dhar said.Read More

If you search online for real-world robots that are actually working today, you'll most likely see things like this:Or, more recently, maybe even something like this: But is this really the best we can do? Robots aren't meant to just stack boxes and flip burgers for eternity. They're meant for much more noble roles. In fact, they're already becoming the greatest accessibilit...Read More

Share this article VANCOUVER - Northern Dynasty Minerals Ltd. [NDM-TSX; NAK-NYSE American] reported that the April 25, 2023, action by the U.S. Army Corps of Engineers (USACE) Pacific Ocean Division to remand the permit decision back to the USACE (Alaska District) is a strong win for the company's Pebble project, southwest Alaska."We have been saying that the record of decision (ROD) process was...Read More