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

A joint statement between the US and the EU, released at the G20 forum in India, welcomed the project and promised support.Read More

"History is written by victors." Attributed to Winston ChurchillDear Outsider,The blockbuster hit Oppenheimer has a lot of people thinking about all things nuclear these days.Nuclear power was originally conceived to create energy.It's unfortunate that it intersected with a tumultuous and violent time that led to even more death and destruction.But recent events have brought nuclear power back t...Read More

(IDEX Online) - A co-founder of HB Antwerp says he's taking legal action after he was forced out over what the company says was a "sharp difference in strategic vision and approaches to business".Managing partner Oded Mansori was part of the team that established HB in 2020 as a technology-driven startup aimed at disrupting diamond cutting and forging innovative deals.He said, in a press rele...Read More

(IDEX Online) - De Beers say it's confident it can avert strike action by 1,500 workers at its Venetia mine, in South Africa.The National Union of Mineworkers (NUM) is threatening an indefinite walkout to support its demand for a nine per cent wage increase. De Beers has offered six per cent.Four months of wage talks have broken down, but De Beers is now offering a five-year salary deal. It h...Read More

The story of China's explosive growth from 1978 to 2008 is well-known.China's GDP surged from less than $150 billion in 1978 to over $3 trillion by 2008. China's average annual growth rate exceeded 10% from 1978 to 2005. During this period, over 600 million people escaped poverty to obtain at least a stable if low-income standard of living.Between 2000 and 2008, China became the factory to the wor...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uranium"We've elevated our cooperation directly to the Vietnamese's highest tier of partnership, re...Read More

Lodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumEllis will also make the $30 million contingent payment payable to Pan American Silver should the Deep Carbonates Project ever be put into production.Read More

(IDEX Online) - Alrosa says work is now under way on a huge, new $1.26bn mine to replace Mir, which closed after the 2017 flooding disaster that claimed eight lives.The Russian miner's general director Pavel Marinychev told the website of the Yakutia region, where the mine is located, that production is expected to start in 2032.Mir opened in 1957 as the first diamond mine in what was then th...Read More

(IDEX Online) - Polished diamond prices suffered yet another blow in August, as the IDEX Polished Price Index fell by 2.87 per cent to its lowest point since January 2008. It has now lost 26.6 per cent of its value since its post-Covid peak in March 2022, just before we began to feel the full impact of Russia invading Ukraine.The combined effects of the war, spiraling inflation and interest rate h...Read More

(IDEX Online) - GIA has laid off around a fifth of the workforce at its HQ in Carlsbad, California, amid a significant drop in the number of diamonds submitted for grading.In total 151 workers will leave their positions at Gemological Institute of America (GIA) later this month. Most are laboratory workers, a few hold corporate positions. "We receive stones generally from either the companies...Read More

Labor Day is over, so it's back to work this week. In the days ahead, I expect the zeitgeist to darken and events to pound the shore like so many waves of hurricane surf.Further inland, where the Swamp lies burbling and gurgling, unseen hands work overtime to falsify reality in a leaderless nation. Everybody, or at least a lot of people, feels the unbearable tension of things as yet unhappened.I k...Read More

Ghana's MIIF has agreed to invest US$32.9 million into Atlantic and its Ghanaian subsidiaries, to support the development of the lithium project and the broader Cape Coast lithium portfolio in Ghana.Read More

The project has a simplified flow sheet including a 60,000tpd sulphide concentrator to produce copper concentrate as a final product until the addition of a concentrate leach facility and a SX-EWRead More

The common refrain from the mainstream media is that Ukraine's effort to repel Russia's invasion has stalled. But that's simply not true. Ukraine makes gains every day. It's withering Russian forces with cascades of artillery fire, mortars, and medium-range missiles.It's conducting nighttime river raids behind enemy lines.It's pestering Crimea and Moscow with swarms of drones.And it...Read More

Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Weir Minerals - Don't Wa$te on WasteSPONSOREDweir mineralsThe two leaders discussed strengthening the ties between the two countries at a meeting during the 43rd Association of Southeast Asian Nations (ASEAN) s...Read More

It's not been Anthony Fauci's best week.Forever intent on managing his image and public opinion on the pandemic response, he accepted a seemingly safe interview on CNN. The reporter was someone he trusted, Michael Smerconish, who tossed in what he believed to be a softball question.He asked Fauci about the Cochrane study on masks by Tom Jefferson. Jefferson flat out said that masks don't work to c...Read More

Weir Minerals - Don't Wa$te on WasteSPONSOREDweir mineralsLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumFirst part of these unusual events was aired here last week when Mining Journal reported that the Read More

The production of copper was up 19.8%, zinc 5.3%, lead 3.7%, iron 15.6%, and molybdenum 2.8%, according to data from Peru's Mining Statistical Bulletin.Read More

The world-leading wet processing equipment company for sand and aggregates, mining, and construction and demolition (C&D) waste recycling opened the facility in Stapylton, which is near bothRead More

Yet, a recent battle of wills has seen the exit of Matthew Hornor as chief executive and the appointment of chief financial officer Kiran Patankar as interim chief executive.Read More