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) - WD Lab Grown Diamonds, the second largest lab grown producer in the USA, has filed for bankruptcy.The Washington DC-based company is the first major casualty of the plunge in lab grown prices.It filed for Chapter 7 protection last Wednesday (11 October) in a Delaware bankruptcy court, with disclosed liabilities of $44m with assets of $3m.WD pioneered chemical vapor deposition (CVD)...Read More

(IDEX Online) - Police searched three properties in Antwerp and seized diamonds valued at $1.5m as part of a probe into Grib Diamonds.The public prosecutor's office is investigating allegations that the Russian-owned company laundered money and violated European rules, according to the Dutch-language newspaper Gazet van Antwerpen.Grib, which sells wholesale diamonds from the Grib diamond mine...Read More

It's been a week since the skies over the Negev Desert filled with something eerily like the flying monkeys of Oz upgraded to Hamas Road Warriors in motorized paragliders, kicking off that third world war we've been hearing about all our lives, and not at all the way we expected either, which was more Dr. Strangelove style, with the mushroom clouds billowing everywhere though, who knows, it migh...Read More

Let's discuss what's going on with Israel. Things are developing rapidly so this is the best I can do with what's out there in the public sphere.I'll tackle a couple of key points that are relevant not just to the Israeli situation, but to all of us here in the West, certainly in the U.S.First: The Hamas attack on Israel is being described as a massive intelligence failure; so what happened?Second...Read More

Higher gold production than the previous quarter was driven by higher oxide production from the Crossroads open pit and Cortez Hills underground in Nevada, US.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 resourcesMore than 91% of the proxy votes received voted in favour of the transaction.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 resourcesUS-based lithium producers, Livent and Albemarle, are proposing to merge with a pair of Australian mine...Read More

The Australian miner Lynas, which operates a processing facility in Malaysia, is the only company to have squared this circle so far.Read More

Among the few women in mining in her early years in the industry, Catherine McLeod-Seltzer often found herself in rooms full of grey-haired men. Yet, she has shattered glass ceilings in the industry, leaving an indelible mark on the global mining landscape.As the independent chair of Kinross Gold (TSX: K, NYSE: KGC), one of the world's long-lived gold majors, her story recounts perseverance, visio...Read More

According to a study by Wood Mackenzie, the copper mining sector distributes an average of $73 billion per year in socioeconomic value globally, where Latin America contributes over 50% of that value.Read More

Crawford will produce 1.6mt of nickel, 24,000t of cobalt, 490,000oz of platinum and palladium, 58Mt of iron and 2.8Mt of chromium over a 41-year mine life.Read More

(IDEX Online) - Luxury brands are still buying Russian diamonds, despite their claims to the contrary, according to an investigation by the Ukraine-based Kyiv Independent.It says melee from Alrosa is routinely included in mixed parcels at what it calls the "Dubai laundromat"."Clients of jewelry brands like Tiffany and Cartier have no idea the money they spend on diamonds may contribute to Russia&#...Read More

The company reported a 68% increase in measured and indicated resources at Promontorio compared with the 2013 resource to 42.1Mt grading 104gpt of silver equivalent containing 140.8Moz.Read More

Reach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedThe company is to pay C$2 million for a 19.9% equity interest in Vinland Lithium, a new entity established with Sokoman Minerals (40.1%) and Be...Read More

Iceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesBoth sales and revenue are up year-on-year, with revenue for the same quarter in 2022 at $33.8 million and sales of 19,523oz gold equivalent.Read More

Greetings from lovely Northern Italy.It's a habit of the midwit to parrot famous quotes.One of the most often quoted is Winston Churchill's asinine observation that "democracy is the worst form of government, except for all the others."He should've put a period after "government" and left it at that.When I hear that quote, it's one of my unfailing signals that the person I'm talking to is out of i...Read More

Reach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedOrion will buy 6.7 million shares for C$2.55 per share.Read More

The Canadian miner said the project is the first to receive an EA certificate in BC under the new framework of the Environmental Assessment Act.Read More

(IDEX Online) - Sodiam sold $22.3m of +10.8-cts rough diamonds from its mines in Angola in a tender which was, for the first time, coordinated by Dubai-based TAGS (Trans Atlantic Gem Sales).A total of 1,329.89 carats were sold from five mines owned by the Angola's national diamond trading company. Bids were made remotely using TAGS' online platform.Highlights included a pink stone from t...Read More

(IDEX Online) - HB Antwerp has unveiled "ground-breaking" software for diamond polishing, to be used at its new facility in Botswana.It says The Navigator will provide its polishers with "unparalleled control and accuracy", with its 3D capabilities."The Navigator is not just a technological advancement; it's a game-changer for the mineral industry," said Tom Munters, R&D director at HB.&n...Read More