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
SHANGHAI, Jan 2 (SMM)? 1/4 ? Zinc prices are set to remain firm at the start of this year but they are forecast to slide in the second half of 2018 with better balance seen between supply and demand, SMM believed.We forecast the LME three-month zinc price to trade at $2,450-3,500/mt in 2018, and the SHFE zinc at 20,500-29,700 yuan/mt.In 2017, zinc prices surged over 20% and hit 10-year high due to...Read More
The Caixin manufacturing purchasing managers' index (PM) hit 51.5 points in December, setting a new high in four months and beating the expectation at 50.7 points. It was also higher than November’s 50.8 points.A reading above 50 indicates expansion, while a reading below that signals contraction. The article is edited by SMM and is provided for informa...Read More
The Caixin manufacturing purchasing managers' index (PM) hit 51.5 points in December, setting a new high in four months and beating the expectation at 50.7 points. It was also higher than November’s 50.8 points.A reading above 50 indicates expansion, while a reading below that signals contraction. The article is edited by SMM and is provided for informa...Read More
The Caixin manufacturing purchasing managers' index (PM) hit 51.5 points in December, setting a new high in four months and beating the expectation at 50.7 points. It was also higher than November’s 50.8 points.A reading above 50 indicates expansion, while a reading below that signals contraction. The article is edited by SMM and is provided for informa...Read More
SHANGHAI, Jan 2 (SMM)? 1/4 ?Copper: LME copper is set to see a correction following 15 consecutive days of increase and bulls taking profits. While it is expected to trade at $7,180-7,320/mt today, the SHFE 1803 copper is expected to trade at 55,200-56,000 yuan/mt. Trading liquidity in the spot market is set to recover and we see discounts at 220-150 yuan/mt today.Aluminium: LME aluminium set a ne...Read More
SHANGHAI, Jan 2 (SMM)? 1/4 ?Copper: LME copper is set to see a correction following 15 consecutive days of increase and bulls taking profits. While it is expected to trade at $7,180-7,320/mt today, the SHFE 1803 copper is expected to trade at 55,200-56,000 yuan/mt. Trading liquidity in the spot market is set to recover and we see discounts at 220-150 yuan/mt today.Aluminium: LME aluminium set a ne...Read More
SHANGHAI, Jan 2 (SMM)? 1/4 ?Copper: LME copper is set to see a correction following 15 consecutive days of increase and bulls taking profits. While it is expected to trade at $7,180-7,320/mt today, the SHFE 1803 copper is expected to trade at 55,200-56,000 yuan/mt. Trading liquidity in the spot market is set to recover and we see discounts at 220-150 yuan/mt today.Aluminium: LME aluminium set a ne...Read More
Published on: Jan 2, 2018 | by finfeedAmerican Pacific Borate & Lithium Ltd (ASX:ABR) has finished 2017 strongly, by publishing a compelling Scoping Study for its flagship Fort Cady Project in California.In an update to shareholders, ABR said its Scoping Study is targeting steady state production of 246,000 tonnes per annum of boric acid and 54,000 tonnes per annum of SOP - a premium type of s...Read More
The European Union has taken over the chairmanship of the Kimberley Process for 2018, a decade after it last directed the initiative. Federica Mogherini, who is an Italian politician and the High Representative of the bloc for Foreign Affairs and Security Policy, will be heading the operation. Kimberley is a process started in 2003 following the United Nations General Assembly's Resolution 55/56....Read More
Brazil's Vale (NYSE:VALE), the world's largest iron ore and nickel miner, said in a securities filing on Tuesday that on January 8, 2018, it will conclude the sale of a fertilizer unit to US-based Mosaic Co. (NYSE:MOS) with adjustments. The changes will reduce the price tag of the sale by $1.35 billion. The South American miner revealed that it wants to retain control of the TIPLAM port terminal,...Read More
International diamond trading network Rapaport Group released a report that states that, following a better-than-expected holiday season, polished diamond prices stabilized in December 2017.Even though the company's RapNet Diamond Index, known as RAPI, slid 1.7% for 3-carat diamonds in the last month of the year, it edged up 0.3% for 1-carat diamonds, 1.2% for 0.30-carat diamonds, and 0.6% for 0.5...Read More
Two underground mine workers succumbed to smoke inhalation sickness following exposure to blasting gasses at Golden Star's Prestea underground gold mine in Ghana on December 29.In a statement, Golden Star said it suspended operations at Prestea to allow for the initial investigation of the incident. The mine has now resumed full operation. Mine management and the Inspector of Mines are conducting...Read More
DUBLIN--(BUSINESS WIRE)--The "Metal Ore Mining Market Global Briefing 2017" report has been added to Research and Markets' offering.Metal ore mining industry primarily covers mining of metallic minerals and development of mine sites. It also includes ore dressing, and other beneficiating operations such as crushing, grinding, washing, drying, sintering, concentrating, calcining, and leaching.The i...Read More
Published on: Jan 2, 2018 | by finfeedPacifico Minerals (ASX:PMY), an ASX-listed junior metals explorer, has published an update on its impressive array of resource projects spread across some of the most prospective regions in the world.Spanning multiple continents, the company's portfolio boasts considerable polymetallic potential which could prove profitable as green technology continues to ign...Read More
Nothing should happen to your body without your consent.Seems pretty straightforward. Yet our society is predicated on ignoring consent.Recently we have heard all about famous and powerful people ignoring consent when it comes to sexual advances.But consent is just as important when it comes to labor, for instance. Completely forced labor is slavery.Taxes also amount to a less intense form of forc...Read More
Nothing should happen to your body without your consent.Seems pretty straightforward. Yet our society is predicated on ignoring consent.Recently we have heard all about famous and powerful people ignoring consent when it comes to sexual advances.But consent is just as important when it comes to labor, for instance. Completely forced labor is slavery.Taxes also amount to a less intense form of forc...Read More
Mergers and acquisitions in the mining industry ticked higher in 2017 compared with the year before. But deal-making activity is still a long way below the boom yearsRead full newsRead More
Gold prices in 2017 gained the best annual advance in seven years, starting below $1,170 per ounce and closing Dec. 29 at $1,302.50 per ounce, Kitco reported Friday.Read full newsRead More
Marlin Gold Mining Ltd (TSXV:MLN), a CADCA$144.16M small-cap, is a metals and mining operating in an industry which can be affected by shifts in the housing market, as many producedRead More...Read full newsRead More
A wave of protests in Iran on a scale not seen in almost a decade stretched into a fifth day despite government warnings, after at least 10 people died in the mounting unrest.Read full newsRead More