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
(IDEX Online) - A co-founder of HB Antwerp says he's taking legal action after he was forced out over what the company says was a "sharp difference in strategic vision and approaches to business".Managing partner Oded Mansori was part of the team that established HB in 2020 as a technology-driven startup aimed at disrupting diamond cutting and forging innovative deals.He said, in a press rele...Read More
Lodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumImproving data generation, aggregation, and synthesis facilitates everything from compliance reporting, the generation of product premia, identification of points of concern, liability management,Read More
(IDEX Online) - Polished diamond prices suffered yet another blow in August, as the IDEX Polished Price Index fell by 2.87 per cent to its lowest point since January 2008. It has now lost 26.6 per cent of its value since its post-Covid peak in March 2022, just before we began to feel the full impact of Russia invading Ukraine.The combined effects of the war, spiraling inflation and interest rate h...Read More
(IDEX Online) - GIA has laid off around a fifth of the workforce at its HQ in Carlsbad, California, amid a significant drop in the number of diamonds submitted for grading.In total 151 workers will leave their positions at Gemological Institute of America (GIA) later this month. Most are laboratory workers, a few hold corporate positions. "We receive stones generally from either the companies...Read More
Lodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumEllis will also make the $30 million contingent payment payable to Pan American Silver should the Deep Carbonates Project ever be put into production.Read More
(IDEX Online) - Alrosa says work is now under way on a huge, new $1.26bn mine to replace Mir, which closed after the 2017 flooding disaster that claimed eight lives.The Russian miner's general director Pavel Marinychev told the website of the Yakutia region, where the mine is located, that production is expected to start in 2032.Mir opened in 1957 as the first diamond mine in what was then th...Read More
Labor Day is over, so it's back to work this week. In the days ahead, I expect the zeitgeist to darken and events to pound the shore like so many waves of hurricane surf.Further inland, where the Swamp lies burbling and gurgling, unseen hands work overtime to falsify reality in a leaderless nation. Everybody, or at least a lot of people, feels the unbearable tension of things as yet unhappened.I k...Read More
Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Weir Minerals - Don't Wa$te on WasteSPONSOREDweir mineralsThe two leaders discussed strengthening the ties between the two countries at a meeting during the 43rd Association of Southeast Asian Nations (ASEAN) s...Read More
Ghana's MIIF has agreed to invest US$32.9 million into Atlantic and its Ghanaian subsidiaries, to support the development of the lithium project and the broader Cape Coast lithium portfolio in Ghana.Read More
It's not been Anthony Fauci's best week.Forever intent on managing his image and public opinion on the pandemic response, he accepted a seemingly safe interview on CNN. The reporter was someone he trusted, Michael Smerconish, who tossed in what he believed to be a softball question.He asked Fauci about the Cochrane study on masks by Tom Jefferson. Jefferson flat out said that masks don't work to c...Read More
The production of copper was up 19.8%, zinc 5.3%, lead 3.7%, iron 15.6%, and molybdenum 2.8%, according to data from Peru's Mining Statistical Bulletin.Read More
The project has a simplified flow sheet including a 60,000tpd sulphide concentrator to produce copper concentrate as a final product until the addition of a concentrate leach facility and a SX-EWRead More
Weir Minerals - Don't Wa$te on WasteSPONSOREDweir mineralsLodestar focused on polymetallic potential at flagship Earaheedy projectSPONSOREDlodestar minerals Elevate Uranium buoyed by discoveries and beneficiation processSPONSOREDelevate uraniumFirst part of these unusual events was aired here last week when Mining Journal reported that the Read More
The common refrain from the mainstream media is that Ukraine's effort to repel Russia's invasion has stalled. But that's simply not true. Ukraine makes gains every day. It's withering Russian forces with cascades of artillery fire, mortars, and medium-range missiles.It's conducting nighttime river raids behind enemy lines.It's pestering Crimea and Moscow with swarms of drones.And it...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 However, the new law will increase taxes in the largest copper-producing country, resulti...Read More
Even before the IRA, the US was concerned about securing critical minerals to support the green energy transition.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 world-leading wet processing equipment company for sand and aggregates, mining, and c...Read More
Yet, a recent battle of wills has seen the exit of Matthew Hornor as chief executive and the appointment of chief financial officer Kiran Patankar as interim chief executive.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 processSPONSOREDflsmidthLithium Plus Minerals listed in mid-2022 with a plan to test areas of the Northern Territ...Read More
The world-leading wet processing equipment company for sand and aggregates, mining, and construction and demolition (C&D) waste recycling opened the facility in Stapylton, which is near bothRead More