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
The company has committed US$145 million of the $230 million capital investment and expects to begin drawing down the first tranche of its project financing in January 2024.Read More
The company, detailing the events in its results for the six months to June 30, said the law reform was not supposed to apply to pre-existing concessions, such as those it held.Read More
Look beyond market approach to project valuations: van ZylLeadershipSRK Consulting advocates an integrated approach to mine closure.SPONSOREDsrk consultingEvion Group emerging 'on the graphite map' as plans near fruitionSPONSOREDevion groupAruma Resources recognising the potential in its diverse portfolioSPONSOREDaruma resourcesProduction and consumption in the world's second-largest econo...Read More
SRK Consulting advocates an integrated approach to mine closure.SPONSOREDsrk consultingAruma Resources recognising the potential in its diverse portfolioSPONSOREDaruma resourcesEvion Group emerging 'on the graphite map' as plans near fruitionSPONSOREDevion groupNamesake project drives Australian Vanadium towards vertical integrationSPONSOREDaustralian vanadiumWhile ranking as one of the bi...Read More
Namesake project drives Australian Vanadium towards vertical integrationSPONSOREDaustralian vanadiumEvion Group emerging 'on the graphite map' as plans near fruitionSPONSOREDevion groupAruma Resources recognising the potential in its diverse portfolioSPONSOREDaruma resourcesSRK Consulting advocates an integrated approach to mine closure.SPONSOREDsrk consultingKevin Sabin, president of the...Read More
The EU's Critical Raw Material Act is winding its way through the legislative process, showing signs of becoming more, rather than less ambitious, as it goes.Read More
SRK Consulting advocates an integrated approach to mine closure.SPONSOREDsrk consultingAruma Resources recognising the potential in its diverse portfolioSPONSOREDaruma resourcesEvion Group emerging 'on the graphite map' as plans near fruitionSPONSOREDevion groupNamesake project drives Australian Vanadium towards vertical integrationSPONSOREDaustralian vanadiumThe EU's Critical Raw Material...Read More
Moans reader Michael R.:"What’s the point of reading these lengthy remarks about the demise of our economy? All I’m seeking is specific stock tips."A fish prowls the depths in pursuit of lunch. It seeks its own "stock tips" to guide the hunt.It lacks all curiosity of the greater ocean through which it slithers.Yet we hazard our readers are not simply fish hunting lunch. We hazard they...Read More
This drop was driven by a fall in production, to 2.67 million carats, down from 3.34 million a year earlier, stemming mainly from stalled operations at the Williamson operation in Tanzania.Read More
Greetings from a gorgeous Asti, Italy.Everyone pronounces "IRS," a three-letter agency, as if it were a four-letter word. And for good reason.Because no matter how you slice it, America is a police state writ large now. And police states look an awful lot like the mafia.What's legal isn't always moral.If you've been reading my column for a while, you know I think taxation is theft though it's be...Read More
(IDEX Online) - Organizers of a two-day trade show for UK jewelers were forced to abandon the event part way through the first day - after what they described as a "serious security breach".The Company of Master Jewellers (CMJ) told 80 exhibitors and their guests that the threat was "too severe to ignore". Its Autumn Trade Event was reportedly put in lockdown on Sunday 10 September after atte...Read More
Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Andrada chief executive Anthony Viljoen said the company has completed a tantalum circuit, and initial test work is underway on its lithium circuit, at its Namibia project.Read More
Following several decades of decline and the complete cessation of metalliferous mining in the UK following the closure of the South Crofty tin mine in Cornwall in 1998, a resurgence of explorationRead More
Andrada chief executive Anthony Viljoen said the company has completed a tantalum circuit, and initial test work is underway on its lithium circuit, at its Namibia project.Read More
Lodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumIn July, Canada and Ontario's governments announced production subsidies of up to C$15 billion for Stellantis-LGES. In April, Volkswagen had already fixed support of around C$13.Read More
Testwork has shown it is possible to produce a gold concentrate containing 50gpt, which is enough to possibly truck it to a processing facility rather than having to build a processing facility onRead More
(IDEX Online) - A new TV drama, Everybody Loves Diamonds, is inspired by the infamous 2003 Antwerp Diamond Heist, and will stream next month.It follows a team of small-time Italian thieves led by Leonardo Notarbartolo (Kim Rossi Stuart), as they beat top-level security to steal $100m-plus of loose diamonds, gold and jewelry from the Antwerp Diamond Centre.The heist remains the biggest diamon...Read More
"It is a crucial industry for the clean economy, with a huge potential for Europe.Read More
Garrett said former operators of Hycroft focused on mining rather than exploration, and the ground between Hycroft and Rosebud, which produced 400,000oz grading 14gpt between 1997 and 2000, has neverRead More
Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals The mining industry underwent an uncharacteristic outbreak of optimism in 2022.Read More