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
Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningProduction at Kensington fell to 13,19...Read More
Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningThe threat of industrial action by 150...Read More
Indonesia's Coordinating Minister of Maritime Affairs and Investment Luhut Panjataitan met Musk in San Francisco Read More
Few have been more active than Ramelius Resources, which is onto its seventh deal in six years, including two this year - the acquisitions of Breaker Resources and Musgrave Minerals, the latter stillRead More
When a movie is three hours long, it had better be a timeless epic like David Lean's 1962 masterpiece Lawrence of Arabia or Sergei Bondarchuk's 1966-67 spectacular cinematic rendering of War and Peace.Well, along comes Christopher Nolan and a lengthy opus entitled Oppenheimer.It'sa biography of the brilliant, mercurial American scientist whose fingerprints are all over 20th-century physics, as wel...Read More
AI is all the rage this year, and there's no question it's going to be a huge element of future technology, both mainstream and military.But it's also not as new as you might think. This trend didn't just pop up overnight. This technology has been in development for decades.And most of that development has occurred right out in the open.Just for example...Do you remember IBM's "Watson," the superc...Read More
Video Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningThe solar plant will have over 6,600 s...Read More
The solar plant will have over 6,600 solar panels that generate about 4,200MWh of green electricity annually, providing up to 25% of Diavik's electricity during closure work until 2029.Read More
Massive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsVideo Series: Mining Journal speaks with Robert WiltSPONSOREDsaudi ministry of industry and mineral resourcesThe company's net earnings for the thr...Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsIn a video published on social media, heavily-armed members of...Read More
(IDEX Online) - This is the world's most expensive Barbie, in a strapless black evening dress and a one-carat pink diamond.She sold for $302,500 at Christie's New York, in October 2010, more than a decade before the Barbie movie was released last month, grossing over $1bn, and breaking the record for any film with a woman director (Greta Gerwig).The record-breaking doll was was designed...Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe streaming and royalty company already announced their reco...Read More
Evolution Mining executive chairman Jake Klein kicked off the third and final day of the conference by pointing out the current near-record price.Read More
Pointing out that since last year's mining forum, there were now only three ASX-listed nickel producers with Australian assets (BHP, IGO and Panoramic), Rajasooriar provided an Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipOkane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsAndover lithium potentially Australia's biggestSPONSOREDazure minerals"Although we forecast a global supply deficit for lithium by 2025 and continued elevated prices, we do n...Read More
"Although we forecast a global supply deficit for lithium by 2025 and continued elevated prices, we do not expect that mining projects in China will benefit significantly," BMI said.Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe interim dividend is equivalent to a pay-out ratio of 35% o...Read More
Working with Morgans Corporate, RBC and Stifel Nicolaus, the company has raised US$30 million by issuing new CHESS Depositary Interests priced at A$3.30 each.Read More
The company determined that the variances require further review by the engineer of record (EOR), with mining suspended to allow the EOR time to review the findings.Read More
(IDEX Online) - Diamond miners walked out on an indefinite strike at Ekapa, in Kimberley, South Africa, on Monday (7 August) to support their calls for a 17 per cent pay hike. The National Union of Metalworkers of SA (Numsa) says its 700 members at the mine are being paid a "starvation wage".The union's general secretary Irvin Jim said Ekapa had offered a 6.5 percent increase over the ne...Read More