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

Energy Fuels?EUR?(TSX: EFR; NYSE: UUUU) made three commercial shipments of uranium, vanadium and rare earth elements (REE) through its Utah-based White Mesa mill last week, a feat which the company described as rare and one that depicts its ability to become a "clean energy and critical mineral hub" in the United States. The company shipped natural uranium concentrates (U3O8) to the Metropolis Wo...Read More

U.S. miner Talon Metals (TSX: TLO; OTC: TLOFF) said on Wednesday it had bought three more drill rigs to expand exploration at its Tamarack nickel-copper-cobalt project in Minnesota, which already has among its clients electric vehicles (EV) giant Tesla (NASDAQ: TSLA).Talon currently holds a 51% interest in the Tamarack project, the only high-grade development-stage nickel project in the U.S. The r...Read More

(IDEX Online) - An extremely rare 8.82-ct fancy intense purple-pink diamond yesterday sold for $6,780,000 at Christie's New York.It was well above the pre-sale estimate of $4m to $6m.The pear modified brilliant-cut gem, known as the Fuchsia Rose diamond (pictured), was certified by GIA as "VVS1 clarity, potentially Internally Flawless, Type IIa" and was set with a pair of pear brilliant-cut d...Read More

What is money? Everyone thinks they know what money is, but the Fed doesn't even know what money is. They have three or more different definitions of money (M0, M1 and M2, etc.).For example, money includes cash and checking deposits. But then there's "near money," which includes such things as savings deposits and money market mutual funds. They can be converted into cash or checking deposits, so...Read More

I just received an order from Amazon for these two products.They come in identical packages.But inside these two boxes are very different things.Inside one of these small boxes is a dangerous, highly toxic substance that's estimated to kill 900,000 people every year.In the other is a harmless, non-toxic material which will act as the "glue" that holds together all future technologies.It's a materi...Read More

Lahontan Gold Corp. (formerly, 1246765 B.C. Ltd.) (theRead full newsRead More

Share this article VANCOUVER - Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] reported additional gold assays for the third drill hole (GP-21-151), and gold assays for the fourth hole (GP-21-152) and fifth to eighth holes (GP-21-154 to GP-21-156) of the 2021 diamond drilling program at its 100%-optioned Golden Promise gold property in central Newfoundland.Highlights from the recent gold assays...Read More

The company said the life-of-mine capital and operating costs are estimated to have increased by between 15% and 20% compared to the April 2021 feasibility study, in line with market trends.Read More

Josemaria hosts proven and probable mineral reserves of 6.7 billion pounds copper, 7 million ounces of gold and 30.7Moz of silver and is on track to be the next mine development in San Juan.Read More

Newmont announced in February that it will acquire the 43.65% interest held by Buenaventura for $300 million with contingent payments of up to $100 million tied to future increases in metal prices.Read More

Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDThe spotlight is on Britishvolt which is building a £4 billion gigafactory in the northeast of England to supply lithium-ion batte...Read More

(IDEX Online) - Jennifer Lopez is again engaged to actor Ben Affleck - and this time she has an 8.5-carat natural green cushion modified brilliant-cut diamond to prove it. Affleck, 49, first proposed in November 2002, when he presented singer-actress J.Lo, 52, with a Harry Winston  6.1-carat radiant-cut fancy intense pink diamond.  They called off the engagement two years later. Fans are...Read More

(IDEX Online) - A legal case against Italian banks and diamond brokers has been delayed after a judge ruled it should take place in Trieste rather than Milan.UniCredit, Italy's second biggest bank, is among those alleged to have sold diamonds to clients for investment at vastly-inflated prices.The delayed prosecution could result in charges being dropped, as they are subject to a seven-year t...Read More

(IDEX Online) - An associate of fugitive jeweler Nirav Modi was due to appear at a court in India today, after he was reportedly deported from Egypt.Subhash Shankar Parab, 50, is accused, along with Modi, of involvement in the $1.85bn fraud against the Punjab National Bank (PNB) in 2018.Officials sources suggest he may "spill the beans" and reveal much more about the case, according to multiple me...Read More

(IDEX Online) - Businesses in the US must cease all dealings with Alrosa, says the Jewelers Vigilance Committee (JVC), including any memo/consignment agreements.It issued updated guidance to members following the US Treasury Department's announcement on 7 April of further restrictions on the miner, which is one-third owned by the Russian government.Alrosa is now on its Specially Designated Na...Read More

The Q1 production record stood at 55,602 tonnes of copper in concentrate and, as previously announced, Ivanhoe expected to hit the upper end of its 2022 copper production guidance of 290,000-340,000t. First ore was introduced on March 21 to the milling circuit of the phase-two 3.8-million-tonne-per year concentrator plant, which Ivanhoe said was four months ahead of the original development s...Read More

Barrick Gold (TSX: ABX; NYSE: Gold) aims to start producing copper and gold from its Reko Diq project in Pakistan's Balochistan province in 2027, the company's CEO Mark Bristow said at a conference call on Tuesday. The project, which was suspended in 2011 due to a dispute over the legality of its licencing process, is expected to have an initial capital cost of about US$7 billion - according to...Read More

Having recently optioned the former Gasp?(C) copper mine from Glencore Canada, Osisko Metals (TSXV: OM; OTC: OMZNF) is ready to begin drilling on the property this week, focusing on the re-evaluation of copper mineralization near the past-producing Mount Copper open pit.The drill campaign will be divided into two phases: Phase 1 (10,000 metres) is primarily designed to evaluate extent of near-su...Read More

Having recently completed its environmental assessment (EA) process with the government of Newfoundland and Labrador, Marathon Gold (TSX: MOZ) says the federal EA for its Valentine project is also approaching a ministerial decision.Site-specific permitting pertaining to provincial jurisdiction, including acquisition of mining lease, has already commenced. Concurrently, Marathon has been notified...Read More

Western Australia-focused gold producer Novo Resources (TSX: NVO; OTC: NSRPF) has agreed to sell its entire stake in New Found Gold, consisting of 15 million shares or about 9% of NFG's share capital, to a corporation controlled by Canadian mining investor Eric Sprott. Pursuant to arm's-length negotiations, Novo will receive total consideration of $125.9 million, representing a 9.3% premium to NFG...Read More