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

Shares in the junior jumped on the news hitting markets, rising to trade at a high of C$0.59 in yesterday's trade (when the news was announced), from C$0.23/share the day previously.Read More

(IDEX Online) - Lucara has ended its rough diamond sales agreement with HB Antwerp, accusing the company of "a material breach of financial commitments".It was less than a year into a 10-year deal. The move comes less than a month after HB removed Oded Mansori, one of its three co-founders, citing "a sharp difference in strategic vision and approaches to business". He responded by launching legal...Read More

(IDEX Online) - Israel's diamond trade suffered another blow in August, with rough imports down 69 per cent year-on-year and rough exports down by 80 per cent.The figures were significantly worse than July, when imports and exports fell by 46 per cent and 44 per cent respectively.Israel imported a total of 314,371 carats, at a cost of $49.8m in August, according to new figures released by the...Read More

Emerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesPardo's presentation, and that of mining and energy minister Andres Camacho, during his opening address, struck a much more conciliatory and even welcoming to...Read More

Glencore holds a 49% stake in Koniambo, with the remainder held by Société Minière du Sud Pacifique, which is majority held by the regional government of New Caledonia's NorthRead More

LPI was forced to make a statement after news it had appointed Canaccord Genuity as its financial adviser and Ashurst Australia as legal adviser to support it in talks with the miner leaked admit aRead More

Today we learn the United States consumer is less formidable than previously imagined.His savings are heavily depleted. He pegs along on rations increasingly lean.Zero Hedge:Instead of the 1.7% unchanged print from the second estimate of Q2 GDP, the final number was a dire 0.8%, a 9-sigma miss to estimates... and the worst quarterly increase since the COVID collapse in Q2 2020.The worst quarterly...Read More

Share this article VANCOUVER - VR Resources Ltd. [TSXV-VRR; OTCQB-VRRCF; FSE-5VR] has received complete results from caustic fusion and mineralogy for all three drill holes completed into the kimberlite breccia pipe complex on its Northway property in Northern Ontario.Microdiamonds were recovered in 2 separate intervals within drill hole NW23-003, the last of the three first-pass drill holes into...Read More

Pardo's presentation, and that of mining and energy minister Andres Camacho, during his opening address, struck a much more conciliatory and even welcoming tone towards the mining sector than hasRead More

(IDEX Online) - A jeweler has been arrested after customers complained that natural diamonds in items left for repair had been replaced with lab growns.Douglas Wayne Gamble, 57, is also accused of selling lab growns as natural diamonds, and of failing to return items sent for repair at his Timeless Jeweler store in Sale, Oregon, USA.Police believe he cheated customers out of at least $250,000. Gam...Read More

Why an Early, Integrated Approach to Mine Closure?SPONSOREDsrk consultingEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesLeaders from the Tahltan Central Government, Iskut Band, and Tahltan Band announced t...Read More

Miramar Resources leveraged to exploration success SPONSOREDmiramar resourcesIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsWhy an Early, Integrated Approach to Mine Closure?SPONSOREDsrk consultingThe province's current system under the Mineral Tenure Act automatically grants miner...Read More

Share this article VANCOUVER - Guanajuato Silver Co. Ltd. [GSVR-TSXV] has announced a news mineral resource estimate for its San Ignacio mine in Mexico.The company said the measured and indicated silver equivalent resource (AgEq) has increased by 130% from a previous estimate, while the resources in the inferred category are up by 283%.Guanajuato (GSilver) is a precious metals producer engaged in...Read More

"This transaction represents the final part of a contract that was in place before the war in Ukraine broke out and is in line with our policy regarding Russian business activities that was put inRead More

Reid said he is encouraged by Gold Fields partnering with Osisko Mining to develop the Windfall deposit, also in Quebec, as major and mid-tier gold companies look for portfolio additions in the comingRead More

The company completed a feasibility study in January detailing the production of 90.9Mlbpa of U3O8 at a sub US$20/lb all-in sustaining cost, with an initial capital cost of C$1.2 billion.Read More

Mr. Warren Buffett Omaha's sage:"A rising tide floats all boats....Only when the tide goes out do you discover who’s been swimming naked."How many presently wade waist-deep without swim trunks?We do not know precisely. Yet we hazard the number is vast.Interest rates have endured a magnificent increase commencing last March.To date, they have worked little economic or financial wreckage.The...Read More

(IDEX Online) - The billionaire who has everything can now splash out on the latest luxury excess - a diamond-studded credit card.The gold-plated version of the Visa Infinite, known as the Billionaire Card has been created in a collaboration with top-flight jeweler and watchmaker Jacob & Co. and the luxury group Majestas, Primavera Investments.It will be launched in Dubai in November as a limi...Read More

(IDEX Online) - Industry leaders in India are calling for a voluntary two-month ban on all rough diamond imports, to "better manage the balance between demand and supply".They say exports were down by 25 per cent in the year to August, inventories are increasing and prices are falling.The plea comes jointly from the GJEPC (Gem and Jewellery Export Promotion Council), the Bharat Diamond Bourse, the...Read More

DeLamar now hosts 4.8Moz grading 0.6gpt gold equivalent, including 2.9Moz of gold and 142.7Moz of silver. The oxide and mixed heap leach portion contains 2.6Moz of gold equivalent grading 0.5gpt.Read More