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
(IDEX Online) - Blue Nile is, for the first time, moving into lab grown bridal jewelry.The new direction follows the $360m all-cash buyout by Signet in August.Blue Nile, an online-only retailer, announced a deal in November 2020 to sell fashion jewelry produced by Lightbox, De Beers' lab grown division.But this marks its first foray into the world of engagement rings and loose diamonds.The "d...Read More
(IDEX Online) - Petra Diamonds says it will suspend operations for up to three months following the breach of its tailings dam at the Williamson mine, in Tanzania.The UK-based miner also reported three minor injuries and damage to 13 homes after the breach caused widespread flooding.A team of experts from Tanzania's National Environment Management Council (NEMC) is currently assessing the dam...Read More
At a time when oil and thermal coal prices are riding high, one would have expected producers such as Colombia to ramp up investment as it did over a decade ago.Read More
Elon Musk never should have bought the puffed-up and unprofitable site Twitter, which had blown up way beyond its sustainable size due to cheap credit, and certainly not for $44B.The courts should not have forced this once Elon discovered that the company's claims for its reach were impossible to verify.Still, we should be glad it happened as it did. By buying Twitter, Musk has not only set the si...Read More
Cleanup of one of the most contaminated sites in Canada is estimated to cost taxpayers more than four times what was initially expected. The Treasury Board of Canada recently approved a new $4.38-billion cost estimate for the remediation of Giant Mine, a former gold mine that operated from 1948 to 2004 within Yellowknife city limits.Read full newsRead More
Endeavour Min News Headlines. EDV Share News.Financial News Articles for Endeavour Mining Plc Ord Usd0.01 updated throughout the day.Read full newsRead More
Alicanto has snapped up world class copper-gold-zinc mine, keenly priced with very rich history along strike from its Greater Falun project.Read full newsRead More
Nov 10, 2022 (The Expresswire) --Pre and Post Covid is Covered and Report Customization is Available.Read full newsRead More
As gold prices have skyrocketed, a boom in illegal mining across the Amazon Basin has flourished, leaving a deep environmental footprint.Read full newsRead More
Australian shares ended near a two-month high on Wednesday, with gains led by gold and mining stocks as iron ore prices rose on hopes of China easing its COVID-19 restrictions.Read full newsRead More
(Reuters) - South Africa's Harmony Gold on Tuesday reported a fatality at its Tshepong North mine in the Free State province after a fall-of-ground incident. The accident took place on Nov. 7 and internal investigations are underway, the company said in a statement. (Reporting by Nelson Banya; Editing by Jan Harvey)Read full newsRead More
Gold hasn't lived up to its inflation-fighter reputation. The yellow metal is down 11% on the year with inflation at multidecade highs.Read full newsRead More
A new report on gold mining in Virginia says the state should update its laws and regulations to protect against potential impacts to public health and the environment.Read full newsRead More
Zimbabwe's largest daily newspaperRead full newsRead More
When it comes to one-shop fashion stops, no other retailer shows up as Nordstrom does. It's where you can casually pick up chic wares, from seasonal basics to office essentials to wedding guest attire during a single sitting. It's no wonder the shopping process is so seamless - the institution offers everything from budget-friendly buys to high-end investment pieces. There's something for everybod...Read More
Endeavour Min News Headlines. EDV Share News.Financial News Articles for Endeavour Mining Plc Ord Usd0.01 updated throughout the day.Read full newsRead More
Alicanto has snapped up world class copper-gold-zinc mine, keenly priced with very rich history along strike from its Greater Falun project.Read full newsRead More
Nov 10, 2022 (The Expresswire) --Pre and Post Covid is Covered and Report Customization is Available.Read full newsRead More
As gold prices have skyrocketed, a boom in illegal mining across the Amazon Basin has flourished, leaving a deep environmental footprint.Read full newsRead More
Australian shares ended near a two-month high on Wednesday, with gains led by gold and mining stocks as iron ore prices rose on hopes of China easing its COVID-19 restrictions.Read full newsRead More