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

We're searching for snapbacks as the October market chop continues this week...Stocks are already attempting to recover from last week's slump as the major averages all posted strong gains on Monday. The much-needed September pullback has passed and traders are waiting and watching for the market to tip its hand.Some market pundits are convinced stocks are gearing up for a big year-end rally. Othe...Read More

"The market is pretty well versed and understands the opportunity and investment requirement.Read More

This, the company outlined in its production results, was due to the continued ramp-up of ore from Oyu Tolgoi (up 16% on the year in terms of volume mined) and higher feed grades at Escondida.Read More

(IDEX Online) - A necklace featuring a huge 93.94-carat Paraiba tourmaline is to be auctioned by Sotheby's Geneva, with a $1.44m to $2.44m estimate.The Blue Lagoon comes from Mozambique and is described as "slightly greenish blue, richly saturated with very fine clarity".It has been set by Geneva-based Adler Joailliers in a diamond lariat necklace with 36.50 carats of marquise cuts,13.95 cara...Read More

'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Encounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resourcesReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesMost of that buying has come over the past four weeks, after Liontown allowed Albemarle to undertake du...Read More

The Supreme Court, in a 5-2 ruling, said the federal government could enact environmental legislation, but by setting a broad scope for the Impact Assessment Act (IAA), it impinged on aspects underRead More

Reach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesEncounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resources'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Arabian Nubian Sheild is the name is given to a geological feature which covers almost 3M sq.km and ext...Read More

The measured and indicated resource is now 445.7Mt grading 0.58% copper containing 5.17Blb, an increase of 221% compared with the 2022 resource. The leachable resource is now 357.6Mt grading 0.Read More

(IDEX Online) - Israeli authorities are expected to confirm that diamond boss Isaac (Itzik) Siton and his wife were among over 1,400 victims of the Hamas massacre on Saturday 7 October.Isaac, manager of the Grandview Klein factory, in Namibia, was on a family vacation at kibbutz of Be'eri, in southern Israel.More than 120 people were murdered there and more are feared to have been abducted an...Read More

(IDEX Online) - Another LVMH luxury brand is embracing lab growns, with the launch by Fred of a range high jewelry pieces featuring bright blue gems, surrounded by white, natural diamonds.In April TAG Heuer said it was producing a Carrera Plasma watch, incorporating almost 12 carats of lab growns, with a $376,000 price tag.Paris-based Fred says it took years of research to develop its Audacious Bl...Read More

The agreement was submitted to the Mexican Labor Court, which gave its approval, thus ending the strike. Newmont shared details of the deal more than a week ago.Read More

'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Encounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resourcesReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesThe Supreme Court, in a 5-2 ruling, said the federal government could enact environmental legislation,...Read More

'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Encounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resourcesReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesGunning for the mining majors is the star performer on the "no" side of the referendum, Jacinta Nampiji...Read More

"We prefer to buy any available and affordable resource, but it needs to be competitive," BYD's global vice-president, Stella Li, told Bloomberg in an interview in Sao Paulo late last week.Read More

'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Encounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resourcesReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resources"We prefer to buy any available and affordable resource, but it needs to be competitive," BYD's global...Read More

(IDEX Online) - Namibia's state-owned diamond marketing company has reported a 63 per cent hike in revenue to a record $210m.Namdia sells 15 per cent of the run-of-mine production from  Namib Desert Diamonds (Namdeb), a 50/50 joint venture between De Beers and the Namibian government. Revenue for 2021/22 was ?130m.The split is due to be renegotiated when the current 10-year deal expires...Read More

Miraflores hosts 870,000oz of the company's 2.6Moz Quinchia gold project. LCL also owns the Tesorito and Dosquebradas deposits, which form part of its Quinchia project.Read More

Troilus said the project, within the Frôtet-Evans Greenstone Belt, is now the Read More

'Underdog' Warriedar rapidly progressing gold and base metals projectsSPONSOREDwarriedar resources Encounter with copper and critical minerals focus in emerging provinceSPONSOREDencounter resourcesReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesSemarnat demands that Grupo México develops a remediation plan to compensate for the damage.Read More

(IDEX Online) - LVMH reported a slowdown in growth generally for Q3, and for watches and jewelry in particular.Revenue for the sector was ?,,2.52bn ($2.65bn), up three per cent on the same period in 2022. That compares to growth in Q1 of 11 per cent and in Q2 of 14 per cent. Overall growth for the first nine months of the year was nine per cent.The French luxury conglomerate reported nine per cent...Read More