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
Share this article VANCOUVER - Lahontan Gold Corp. [LG-TSXV] reported drill results from two reverse circulation rotary drill holes exploring the Santa Fe pit area of the 100%-owned 19-km2 Santa Fe project in the Walker Lane belt, Mineral County, Nevada. The two drill holes, totalling 518.2 metres, were completed in late 2021. These drill holes targeted northwest and down-dip step-outs from known...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe proposals from Chile's Treasury Department include a revenue-based royalty of 1%-2% and a profit-based royalty of 2%-32% dependent on the copper pr...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesProduction for 2022 is guided for 300 tonnes of nickel and 3 tonnes of cobalt.Read More
"We expect accelerating China FAI [fixed asset investment] (on infrastructure and property) will favour iron ore and copper.Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesForrest's attempt to spend A$168 million to acquire a 15% stake in Regis to build on an existing 4.9% position in the financially stretched gold produc...Read More
(IDEX Online) - The prices of used Rolex Daytona watches, and other super-desirable luxury timepieces are falling for the first time since 2019, as the stock market and cryptocurrencies hit hard times.They're now changing hands on the secondary at well below their 2022 peak, although still for many times their original retail price.The Daytona 116500LN Black Dial (pictured) was selling for $4...Read More
(IDEX Online) - A US pastor failed to show for a court hearing after police seized thousands of fake Cartier bracelets from his church. The goods would have been worth $24.4m if genuine.Rev JianGang "Frank" Lan, of the Deer Park Community Church, in Chapel Hill, North Carolina, is reported to be in China.He was arrested in 2091 after police found more than 3,200 counterfeit bracelets.Accordi...Read More
(IDEX Online) - The IDEX Polished Price Index continued its gradual decline through June, down by 1.18 per cent at the close of the month. The near-straight line slide was somewhat steeper than May, when it fell by 0.69 per cent. In April it declined by more than 2.1 per cent. Before that, January and February showed sharp increases, down by 5.67 per cent and 4.14 per cent respectiv...Read More
The firm has been seeking additional funding, including a promissory note from its largest shareholder Pala Investments to develop its copper project in Nevada but warned "there can be no assuranceRead More
In an effort to raise additional funds to continue operations at its Pumpkin Hollow copper mine in Nevada, Nevada Copper (TSX: NCU; OTC: NEVDF) has agreed to terms with its senior lender KfW IPEX-Bank and its largest shareholder Pala Investments for a loan of up to US$70 million by way of a new tranche extension to the existing senior credit facility with KfW. The funding would be provided by P...Read More
Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has released new assay results from ongoing drilling at its 100%-owned Georgia Lake lithium project in Ontario. Located between Nipigon and Beardmore, the Georgia Lake property comprises 1,042 hectares of mineral leases and 56.9 sq. km of mineral claims within the Thunder Bay mining district.Rock Tech began the drill program in 2021 in support of an ongoin...Read More
Boris Johnson's government seems set to approve the first new underground coal mine in the U.K. for 36 years. Such an outcome (a decision is due by July 7) will be heavily criticized by environmental groups, but would be a welcome fillip for the British mining industry after 100 years of declining coal production.Coal mining has always attracted mixed emotions. The imminent planning decision on Wo...Read More
The British government announced on Monday the creation of a centre to gather data and analyze information on the supply of critical minerals such as cobalt, lithium and graphite key for electric vehicle (EV) batteries and wind turbines.The Critical Minerals Intelligence Centre (CMIC), to be run by the British Geological Survey, will use the data to help to find ways to source minerals needed for...Read More
(IDEX Online) - This is the dramatic moment when raiders armed with a sledgehammer smashed display cases at an international art fair in the Netherlands and fled with diamond jewelry.One shocked visitor at The European Fine Art Foundation (TEFAF) in Maastricht tried to grab a large vase of flowers to fend off the gang, but retreated when he was threatened with what appears to be a gun.Four gang me...Read More
(IDEX Online) - The growth in US sales of jewelry and watches levelled off again in May, back to March levels after something of a spike in April. The year-on-year increase for May was 10.5 per cent, almost on a par with the newly-adjusted figure of 10.3 per cent for March. April was 16.2 per cent. These figures are still healthy compared with 2019, for example, when there was negative y-o-y growt...Read More
The comment period will continue to September 13 from the original deadline of July 13 after feedback from stakeholders.Read More
Orea has also secured permission from the US Department of Treasury's Office of Foreign Assets Control (OFAC) to extend the deadline to wind down its joint venture to August 31 from an originallyRead More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe drilling will initially focus on the Pearl, Swan and Swan East gold-copper targets. The drilling will test targets identified by electromagnetic su...Read More
Look beyond market approach to project valuations: van ZylLeadershipOrexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe comment period will continue to September 13 from the original deadline of July 13 after feedback from stakeholders.Read More
Firms that are developing the state's nascent lithium sector near the Salton Sea area said it would delay or lead to the cancellation of projects in the state designed to supply battery metals toRead More