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 company will pay $20 million upon closing the transaction, an additional $10 million upon B2Gold announcing a Gramalote construction decision, $10 million upon commercial production beginningRead More
"Only when the tide goes out do you learn who's been swimming naked." Warren BuffettDear Outsider,I just got back from the beach during a much-needed respite.Soaking up the sun, swimming, and trying my hand at surfing why don't I live like this every day?Everyone seems happier at the beach... Maybe that's what retirement looks like.But the entire process of surfing reminded me exactly of i...Read More
(IDEX Online) - Christie's Geneva today (18 September) announced it will be selling the largest internally flawless fancy vivid blue gem ever to appear at auction history, with an estimate of $35m to $50m.The 17.61-carat diamond, named Bleu Royal, is set in a ring and has been part of a private collection for the last 50 years. It will be sold on 7 November as part of the Magnificent Jewels a...Read More
SRK 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 resourcesNamesake project drives Australian Vanadium towards vertical integrationSPONSOREDaustralian vanadiumThe Financial Times reports th...Read More
(In association with Bharat Diamond Bourse) The fifth edition of Bharat Diamond Week (BDW) will give India's smaller manufacturers a chance to connect with big buyers from abroad.Organizers say they already have delegations confirmed from China, Saudi Arabia, Sri Lanka, Cyprus, Brazil, Latin America, Japan and UAE for the three-day event.They're expecting more international buying t...Read More
(IDEX Online) - A new high jewelry fair, billed as a first for collectors and enthusiasts, is to take place at an exclusive venue near the Eiffel Tower, in Paris.ArtVendome borrows its name from the iconic Place Vendome, home to Cartier, Boucheron, Van Cleef & Arpels and Chaumet and many other maisons.Richard Steeve Giraud, founder and CEO of ArtVendome, real estate investor and avid art colle...Read More
(IDEX Online) - Twin nieces of the late Princess Diana have been appointed as brand ambassadors to Boodles, the luxury British jeweler.Lady Eliza and Lady Amelia Spencer, aged 31, are daughters of Princess Diana's younger brother, Charles Spencer, and his first wife, Victoria Lockwood.The royal pair, brought up in South Africa and now living in London, will represent Boodles, a privately-held...Read More
Many junior explorers face the prospect of having to refinance within the next six to 12 months in a market that has been horrible to them for much of the year and their share prices.Read More
With federal permitting times often viewed as being lengthy and uncertain when a project is on public land, Revival Gold, Dakota Gold, Perpetua Resources, Hycroft Mining and Liberty Gold hope toRead More
What’s the point of discussing reforms that aren’t even possible in the current status quo? That’s a good question, as any discussion of major systemic changes can be dismissed as pointless (since they’ll never be adopted), and a distraction from the “real work” that can be managed within the current system.On the other hand, we might ask: What’s the point...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
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
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
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 consultingThis drop was driven by a fall...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
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
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
Production and consumption in the world's second-largest economy rebounded more than expected last month, despite property weakness dragging down investment, which failed to spring back as expected,Read More
The Globe and Mail reported that Acacia, Barrick's former subsidiary, was paying as much as US$1.Read More