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

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

Another one bites the dust...First Republic Bank closed yesterday, with the majority of its operations sold to JPMorgan Chase at fire-sale prices.It was the second-largest bank failure in U.S. history. It was also the third bank failure in just six weeks, following Silicon Valley Bank (SVB) and Signature Bank.First Republic's failure isn't surprising. First Republic has been a zombie for a while....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 nickelThey are locked in a struggle to loosen the grip of De Beers on Botswana's mining industry that has held sway for half a century.Read More

"The receipt of these expressions of interest are a clear de-risking step demonstrating lender confidence in the economics of the Rook I project, the uranium market fundamentals incorporating theRead More

(IDEX Online) - US jeweler Zales has launched a "fine jewelry rental" scheme for lab grown diamonds.Customers pay 10 per cent of the retail price to borrow items for weddings or special occasions.The Zales x Rocksbox program is being piloted in-store at 28 branches of Zales, and could be rolled out to other banners in the Signet family. It is a collaboration with Rocksbox, the jewelry rental...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

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelGold Fields will pay Osisko an initial C$300 million to enter into a 50/50 joint venture agreement for the joint ownership and development of Windfall, with a second $...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 nickelNew World, which had A$5.Read More

(IDEX Online) - Patek Philippe says it has created the most complicated watch in its 184-year history.The latest version of its Grandmaster Chime - a reversable watch with two faces and a patented swivel mechanism - has 20 complications and a $2.2m price tag.The white and rose gold timepiece has an ultra-complicated manually wound mechanical movement."Among the 20 complications are five acoustic f...Read More

(IDEX Online) - Christie's has acknowledged the Nazi link to a collection of jewelry that is expected to sell for a record $150m in Geneva this month.The 700-plus items belonged to Heidi Horten, whose first husband Helmut Horten founded the eponymous chain of German department stores.It has since been established that Jewish businessmen in the 1930s were forced to sell him their own departmen...Read More

(IDEX Online) - Gem Diamonds announced a 13 per cent increase in Q1 rough sales from Letseng, in Lesotho, the highest dollar per carat kimberlite diamond mine in the world. It raised $36.7m.The London-listed miner said it achieved an average $1,431 per carat during the quarter to 31 March 2023, virtually unchanged from the previous quarter.The highest price paid was $282,889 per carat for a 6.63-c...Read More

What's the situation with the economy? The short answer is not good. Here's why...There are literally hundreds of economic indicators either as hard data or sentiment surveys released daily. It's impossible for any analyst to keep up with all of them.But with computers, natural language processing and charts, it is possible to follow broad trends. The key for any good analyst is to settle on a sub...Read More

Share this article VANCOUVER - Golden Ridge Resources Ltd. [GLDN-TSXV; 44G-FSE] released additional results from its maiden drill program at its Williams gold property, that is surrounded by New Found Gold Corp.'s [NFG-TSXV] Queensway South gold property in the central Newfoundland gold belt of the province of Newfoundland and Labrador.The maiden drill program consisted of 29 holes for a total of...Read More

Using the words of former Australian prime minister Paul Keating, Meteoric's ebullient executive chairman Dr Andrew Tunks described the 409 million tonnes grading 2626 parts per million total rareRead More

(IDEX Online) - Caution persists and overall trading is slow, as reflected in heavy rounds losses and no more than a smattering of increases among fancies, which have fared better of late.India is braced for fewer bulk orders, US demand remains patchy and the predicted post-Covid bounce in China hasn't fully materialized.De Beers did however report $540m of rough sales during Cycle 3, a sligh...Read More

(IDEX Online) - The 11.16-carat pear-shaped Bulgari Laguna Blu - certified as the highest grade blue diamond ever by the GIA - could fetch $25m when it is auctioned at Sotheby's Geneva later this month.It is destined to become the most valuable gem ever to be sold by Bulgari. A European collector bought it from Bulgari in the 1970s and had it set in a ring. It has remained in their collection...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 nickelAlliance (previously GME Resources) and Stellantis entered into a non-binding agreement last October, and have now finalised terms for a A$15 million placement giving...Read More

Dear Outsider,Last week, the stock market was as volatile as ever.Even crypto had violent swings that would make your head spin.And then Wednesday, something big happened and stocks responded positively.For the first time since the Russian invasion of Ukraine over a year ago, Chinese President Xi Jinping and Ukrainian President Volodymyr Zelenskyy held a phone call.According to the BBC, Zelenskyy...Read More

Peak's largest shareholder, China's Shenghe Resources, together with several new institutional investors have agreed to pump $27.5 million in at 50c per share, a 25% discount, as the company readies itself for the start of construction in October. Barrenjoey and Canaccord Genuity managed the placement. If approved by shareholders, Shenghe will increase its stake in Peak to 19.9%. Pe...Read More

(IDEX Online) - Four jobless diamond polishers in Surat have taken their own lives within 10 days, as a global drop in demand forces factory owners to lay off staff.Three men and a woman committed suicide due to financial stress, according to a report in The Blunt Times, a news portal covering Surat and south Gujarat.The Diamond Workers' Union Gujarat (DWUG) says workers are being laid off, w...Read More