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

SAVANT publishes a monthly activity dispersion index, which is a measure of capacity-weighted levels at smelter sites - and an inactive capacity index, which is more binary observations of whether aRead More

Share this article TORONTO - First Quantum Minerals Ltd. (FM-TSX) is facing the threat of a strike at noon on September 9, 2023 if workers at its mining operation in Panama do not reach a deal with the company on a new collective agreement published reports say.Union leader Michael Camacho told Bloomberg in a telephone interview that was published in a Scotiabank investment report that negotiation...Read More

(IDEX Online) - Angola is stockpiling over a million carats as it waits for diamond prices to rise and sees its half-yearly sales fall by 37 per cent."In practice Angola has no buyers of this resource," said Jos?(C) Ganga J??nior, chairman of Endiama, the state diamond company, as reported by the Angolan news agency Angop."That's why we have to find ways to survive, using the creativity that...Read More

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthThe Alianza Pueblo Unido por la Vida (United People's Alliance for Life) called for natio...Read More

Hochschild reported a pre-tax profits of $800 000 for the first half, compared with a profit of US$15.3 million a year earlier.Read More

The bonds have a 10-year and 30-year term with coupons of 5.966% and 6.Read More

Lithium is the backbone of the rapidly expanding realm of clean energy technologies, from propelling wind turbines to fueling EVs and bolstering electrical grids. According to projections from the International Energy Agency (IEA), the demand for lithium is poised to skyrocket by as much as 1.1 million tons by 2040.Total Lithium Demand by Sector and ScenarioLithium is not an extremely rare resourc...Read More

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesWest Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals The World Platinum Investment Council's latest quarterly report now sees a a 1.01Moz defi...Read More

The PEA places average production at 13,000oz gold pa over a seven year mine life, from a combined open pit and underground mining operation.Read More

The indicated resource is now 823,000oz grading 9.35gpt gold, growth of 237% since the 2020 resource, with another 114,000oz grading 7.1gpt in inferred resources.Read More

Look beyond market approach to project valuations: van ZylLeadershipWest Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAdavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthPampa Camarones, controlled by the Minera Activa private equity group, aims to produce up to 8400tp...Read More

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesMendoza's governor Rodolfo Suarez announced on social media that the province will move t...Read More

Pampa Camarones, controlled by the Minera Activa private equity group, aims to produce up to 8400tpa of copper cathodes from an operation near Arica in northern Chile.Read More

(IDEX Online) - The Indian government has reportedly asked the US to release $26m of payments made by Indian businesses attempting to buy rough diamonds from Russia.The transactions were blocked by the Office of Foreign Assets Control (OFAC), which imposed sanctions on Alrosa, the state-controlled diamond company after Russia invaded Ukraine last February.But Indian traders are adamant the payment...Read More

A first phase would see Fenix produce 91,000ozpa during its initial 12 years and then 54,000ozpa for the final four years at an all-in sustaining cost of US$1,237/oz Au from reserves of 1.Read More

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesIn no small measure, that's down to a London and Read More

(IDEX Online) - Tis the season to be drinking Pumpkin Spice Latte, and if you have a spare $12,500, ( ?10,000) you can splash out on a diamond, sapphire and emerald version.British jeweler Angelic Diamonds has created a PSL ring as a tribute to the seasonal drink - coffee plus pumpkin pie spices (cinnamon, nutmeg and clove) - which was launched by Starbucks in 2003.The ring features a rose gold ba...Read More

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthThe search is part of the UK Export Finance (UKEF)-supported export credit facilities for...Read More

Mendoza's governor Rodolfo Suarez announced on social media that the province will move to the final negotiations with the "best-qualified" bidder.Read More

No sooner had the BRICS Summit in South Africa ended on Aug. 24 that Federal Reserve Chair Jay Powell took the podium at the Fed's annual retreat in Jackson Hole, Wyoming, on Aug. 25.What did Powell say, and what are the implications for investors and global markets? Let's review...Subject to the usual qualifiers about data dependence and observing economic developments, Powell's remarks at Jackso...Read More