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
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe two groups have been at odds over the leadership of the nickel-cobalt producer.Read More
Mongolia has agreed to supply critical metals to France, president Emmanuel Macron said on May 21, as he made the first ever visit to Ulaanbaatar by a serving French president.Read More
Last week, Congress held an exclusive hearing on artificial intelligence (AI).The witnesses in the hearing included OpenAI CEO Sam Altman, IBM Chief Privacy and Trust Officer Christina Montgomery, and New York University professor Gary Marcus.After watching the three-hour sideshow, there were three key takeaways about the future of AI and where investors should look. (Hint: Google is on the choppi...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelJ.T.Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAbdulrahman Bin Muhaya discusses the exploration programmes and the various licencing rounds that are available in the Kin...Read More
(IDEX Online) - De Beers has opened a new flagship store in Hong Kong, featuring a fa?? ?ade inspired by the transformation of a diamond from rough to polished.The top part is made of textured metal that shines like a natural diamond. The lower section comprises colorful glass panels casting a unique triangular water chestnut pattern.The interior of the two-story 170 square meter store echoes the...Read More
(IDEX Online) - Sarine has reported a 12 per cent drop in Q1 revenue compared with the previous quarter.It blamed a combination of the global slowdown and teething troubles with its new Meteorite Plus technology, for the high-speed automated processing of small rough diamonds. The Israel-based diamond tech company realized $11.5m in Q1 2023, compared to $13.1m in Q4 2022.The expected post-loc...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThis panel discussion took place at Mining Journal Select London in March 2023, and featured a conversation between:SRK vi...Read More
IDEX Online) - Alrosa says it has resumed mining at its Zarya kimberlite pipe for the first time in 16 months. The new 300-meter deep deposit in Yakutia, eastern Russia, cost $188m and is one of the company's biggest investment projects in recent years.Alrosa announced on its Telegram channel that the processing plant re-opened earlier this month.Zarya pipe produced 38,000 carats, in 201...Read More
(IDEX Online) - The UK announced sanctions on Russian diamonds on Thursday (18 May) ahead of the ongoing G7 summit, where news of further trade restrictions is expected. "For the sake of global peace and security, we must show that brutal violence and coercion does not reap rewards," said Prime Minister Rishi Sunak (pictured). "We must redouble our efforts to defend the values of freedom, democrac...Read More
(IDEX Online) - The sale of IGI (International Gemmological Institute) to asset manager Blackstone has been completed in a deal worth $569.65m in total.The network of 29 grading labs and 18 gemology schools, employing almost 1,000 people, primarily in India, was 80 per cent owned by China-based Fosun International Ltd. The remaining 20 per cent belonged to CEO Roland Lorie - whose father Marc...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThis panel discussion took place at Mining Journal Select London in March 2023, and featured a conversation between:SRK vi...Read More
With a 12-year investment horizon, the company is getting close to completing the investment cycle of its first fund and paying out to investors.Read More
Three years ago, in the depths of lockdowns, it became obvious that we desperately needed a new citizen movement with a different focus.Prevailing ideological forms were simply not adapted to the enormous exogenous shock to the system that lockdowns implied. It was unexpected, especially under the guise of public health.Every essential freedom was under attack. Authoritarian/totalitarian governmen...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAfter four years in the making, including much lobbying by the mining sector which successfully chipped away at the royalt...Read More
Ever since they set foot on Ukrainian soil last year, Russian forces have been met with failure after failure after failure.And despite the monumental effort by its sprawling propaganda apparatus to paint as rosy a picture as possible, there's no masking Russia's massive losses.Depending on who you ask, Russia has suffered 100,000-200,000 casualties. And roughly a million people have fled the coun...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelPetra reported rough diamond sales of US$42.1 million in the fifth tender of the year. This was down 42% from the previous...Read More
Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelWestern Australian iron ore miner Fenix Resources has opportunistically generated an outstanding return on its invested capital through small-s...Read More
Trident Royalties, which has a royalty on the project, today said it is encouraged by the developments at Thacker Pass, which is the largest lithium deposit in the US.Read More
Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMining Journal Select London 2023 SPONSOREDThe Brazilian Environmental Department (Inea) reported that the vessel has been stranded for a week, with thousands of tonnes of...Read More