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
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
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
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
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 processSPONSOREDflsmidthMINEM gives the miners access to government-backed loans to strengthen activities that fi...Read More
West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAdavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals The contracts cover several provinces and involve the extraction and processing of iron o...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 Those changes include the direct shipping ore plan being shelved - the recently appointe...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 processSPONSOREDflsmidthIt is the fourth offer from Albemarle after it proposed $2.20 per share in October 2022,...Read More
(IDEX Online) - Signet, the world's largest diamond jewelry retailer, has reported an eight per cent drop in Q2 revenue, down from $1.75bn to $1.61bn.Same store sales were down 12 per cent, net profits were down 48 per cent to $75.1m and bridal sales dropped seven per cent to $735.5m amid inflation and rising interest rates, as the post-Covid "engagement trough" persisted. Bridal has his...Read More
Those changes include the direct shipping ore plan being shelved - the recently appointed mines minister is currently not a fan - the potential for unplanned import and duties totalling US$45-50Read More
West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAdavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Trident acquired the 2.5% net smelter return royalty for US$10 million, which will be pai...Read More
The proposed Nigerian Solid Minerals Corporation is intended to support domestic mining of gold, coal, iron ore, bitumen, lead, limestone and barite, a minister said.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 resourcesThe first part of that comment in Hemingway's novel, The Sun Also Rises, could describe a...Read More
At the beginning of June, more than a dozen mining companies in Québec announced the temporary shutdown of mining activities as hundreds of wildfires were burning across the country.Read More
"For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath." Matthew 25:29Dear Outsider,It's no secret that America has a health problem.No... a health crisis.And it's so bad that it poses a national security threat.That's according to former U.S. Army Lt. Gen, Mark Hertling.He first warned the public about it...Read More
(IDEX Online) - Rolex is to buy Bucherer, the long-established watch retailer with over 100 sales outlets worldwide.The move will shake up the luxury watch market, giving Rolex far greater control over its distribution network and better intelligence on its competitors.Shares in UK-based rival retailer Watches of Switzerland plunged 21 per cent on the day news of the deal broke (25 August).Buchere...Read More
(IDEX Online) - Matching gold wedding rings that belonged to Hollywood icons Humphrey Bogart and Lauren Bacall are to be auctioned in Los Angeles.The couple exchanged the rings when they married in May 1945 after falling in love during filming of To Have and Have Not when she was 19 and he was 45. They remained together until Bogart's death in January 1957. Bacall died in 2014.The 14k go...Read More
Neither comply nor resist. That's my advice.What do I mean by neither comply nor resist?Society functions by our voluntary compliance with a spectrum of social norms what’s socially acceptable and unacceptable some of which are institutionalized into legally defined rules.Society breaks down when either set of social norms the institutionalized judiciary or the cultural norms loses t...Read More
(IDEX Online) - The gap between rounds and fancies widened during August. Rounds saw almost wall-to-wall price drops among some goods, such as 1.50-cts to 1.99-cts. Fancies, by contrast, saw a mix of increases, decreases and no-changes, as buyers sought cheaper goods.Caution persists across the pipeline. Inventories are high, demand is weak and prices are falling. India's exports in July suff...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 resourcesWork on Bald Hill, located about 50 kilometres south of the Western Australian nickel min...Read More
Further metallurgical testwork to improve copper and gold recovery could provide even more "bang for buck," executive chairman Mark Bojanjac explains as the company released a positive scoping study for the Alaska Range copper-gold project, outlining near-term payback and a pre-tax NPV7 of US$201 million.Read More