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
The loan has a four-year term with a one-year interest-only repayment grace period and no hedging conditions. The company did not disclose the interest rate.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
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 resourcesSpeaking from the UK where he participated in the Canada-UK Critical Minerals Investm...Read More
(IDEX Online) - Sales of Swiss watches were up by 3.5 per cent in August, with the USA and Hong Kong leading the recovery. The Federation of the Swiss Watch Industry Exports said the increase "confirms the normalisation of growth expected during the second half of the year". It follows an "excellent" increase of 14 per cent in exports during July, although June disappointed with 1.0 per cent drop....Read More
Ford was planning to invest US$3.5 billion in the EV battery plant, estimating to employ around 2,500 people when production would start in 2026. In a statement 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 resourcesThe ramp-up of the Quellaveco copper mine in Peru, as well as the chance of an operat...Read More
(IDEX Online) - Australian miner Lucapa today reported further positive results from bulk sampling of three kimberlite targets at its Lulo mine, in Angola.The most encouraging kimberlite (L440) yielded eight diamonds with a total weight of 4.16 carats, the largest of which weighed 2.04 carats, from 1,460m3 of material.Lucapa says the primary sources for the large, high-value alluvial diamonds alre...Read More
(IDEX Online) - Antwerp is calling on the jewelry sector to support its calls for G7 sanctions on Russian diamonds.Belgian Prime Minister Alexander De Croo (pictured) told industry representatives that Russian diamonds have "become a symbol of war and human rights violations".Speaking last week at the Belgian Consul General, in New York, he said: "The G7 wants to reduce Russian diamonds revenues....Read More
Should market participants be concerned about the possible government shutdown at midnight on Sept. 30?It's too soon to answer that question definitively, but it's not too soon for investors to take some defensive action.If it does happen, it'll be different from those that have gone before. Let's break it all down...While most of us keep our books and records on a Dec. 31 fiscal year, the U.S. go...Read More
(IDEX Online) - Brazen thieves broke into a jewelry store from an empty building next door, and wheeled the safe away.The three raiders were caught on surveillance cameras as they broke into Mitch the Jeweler, in South Florida, USA.Media reports put the value of goods stolen at up to $3m.The store owner told local news station WSVN-TV: "I don't know how they moved this safe." He's offeri...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 consultingFord was planning to invest US$3.5 billion in the EV battery plant, estimating to emp...Read More
The war in Ukraine has proven to be a crucible for military technology.Much of what we've seen has been old school.It turns out trenches, minefields, and artillery are still a huge part of modern warfare.However, we've also seen a glimpse of the future namely through the use of unmanned vehicles, which will one day come to replace troops altogether.In just the past week, the Ukrainian military s...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 junior gold sector malaise has lacked a definition, a crystallisation into a sing...Read More
The agreement also covers 22,500 hectares in the adjoining Duke and Lac Barry properties. Duke is 70% owned by Bonterra and 30% by Osisko.Read More
Kodal Minerals said Mali's National Directorate of Geology and Mines has confirmed its license to mine at Bougouni, despite recent changes to the mining code.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 resourcesThe mining projects are in the states of Tocantins, Pará, Paraíba, Pern...Read More
Along with his Canadian counterparts, Nishimura signed two memorandums of cooperation - one on battery supply chains, and one on industrial science and technology.Read More
The overrun sees the company looking to reformulate the project as the cost overshot is beyond the tolerance range for the company, which initially budgeted $1.4 billion to develop the project.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 resourcesBHP, Rio Tinto and Fortescue Metals Group (FMG, Australia's three biggest iron ore pr...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 resourcesAlong with his Canadian counterparts, Nishimura signed two memorandums of cooperation...Read More