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
Lodestar Minerals is exploring the copper, gold and base metals potential at its flagship Earaheedy project in Western Australia, while enjoying exposure to a lithium discovery through its stake in Future Battery Minerals, as managing director Ed Turner outlines.Lodestar is one of the presenters at the inaugural MiningNews Select event. Read More
The French mining giant, which owns the Comilog manganese operations in Gabon, halted mining on Wednesday in the wake of an overnight coup.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 Among the 288 violations at the 15 mines, 82 were evaluated as significant and substantia...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
Speaking to Reuters, Minsur corporate affairs executive Gonzalo Quijandria said the company would invest $543 million in an underground project at the Justa mine in Ica, which began operations in 2021Read 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
National Public Radio was in a frenzy the other morning but it felt like the movie Groundhog Day: they were spreading tremendous alarm about the rise of Covid cases.We have to stop the spread, the announcer said, and that's why masks are coming back to classrooms. However, they added, relief is on the way in the form of a new vaccine.Rinse, repeat as the shampoo bottles say.This line of thinking...Read More
Investing in stocks is never a sure thing, but these days, things seem more uncertain than ever.For the past year, economists have been forecasting a recession, only for the economy to demonstrate an astonishing amount of resilience. Employment numbers are the best they've been in half a century. But it's hard to shake the looming sense of dread the feeling that an unknown shoe is yet to drop.Je...Read More
Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsLindian aims for centuries of REE productionSPONSOREDlindian resources Saudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesInvestors, no matter how favou...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesForrest was in Perth yesterday...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesGem Diamonds reported revenues...Read More
The debentures will be convertible at the holder's option into 21.97 million shares. WHSP also agreed to purchase 8.7 million shares of NexGen from QRCI.Read More
Graphite forms the bulk of the anode in a lithium-ion battery, and with a bigger forecast supply deficit looming than that which faces lithium, Northern Graphite aims to become a leading NorthRead More
Gem Diamonds reported revenues of US$71.8 from rough diamond sales, down 19% year-on-year. "The Read More
Borborema will produce 65,000ozpa at an all-in sustaining cost of US$949/oz over an initial 11.3-year mine life.Read More
The canine days of August end today.Here in Annapolis summer's fever has broken for the day at least.The temperature runs to very agreeable settings. Azure skies vault high overhead.Humidity is scotched and refrigerating gusts steal in from the Chesapeake Bay.We are in fresh spirits.Tomorrow the calendar scrolls to September.Many consider September a dozy month of market peace. October is the ev...Read More
Greetings from a gorgeously cool and autumnal Asti.We've only had a six-week summer here in Italy. It was cool until mid-June, and as I stand here typing, it's a mere 69F (20C).The global warming nuts are having a tough time with this. The weather maps are blue and green, even in environMENTAL Germany.Though we're still three weeks away, autumn is my favorite time of year.I get to cool down and th...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesAt Motheo in Botswana, commerc...Read More
Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsLindian aims for centuries of REE productionSPONSOREDlindian resources Saudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesRed Pine said that t...Read More
(IDEX Online) - This is Beyonce wearing the diamond dress that reportedly cost $1m.There was widespread speculation - is it or isn't actually made of diamonds? - when she first wore it last month in Toronto, on her Renaissance World Tour.It is. The mesh dress is an Elsa Peretti Diamonds by the Yard design, featuring fine, fluid chains and bezel-set diamonds.Peretti, who died in 2021, was a de...Read More