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
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
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
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
(IDEX Online) - Belgian tech firm iTraceiT has announced $270,000 of government funding for its digital diamond passport.The grant from Walloon, the largest of Belgium's six administrative areas, will allow the company to expand in the US and India and to build an R&D center.The startup says its combination of QR-code and blockchain technology, launched earlier this year, records all proc...Read More
The Canadian miner said that the northern route to the mine is no longer practicable and proposed an amended version with a southern transportation alternative.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
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 The Canadian miner said that the northern route to the mine is no longer practicable and...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 Even before the IRA, the US was concerned about securing critical minerals to support the...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 The World Platinum Investment Council's latest quarterly report now sees a a 1.01Moz defi...Read More
SAVANT publishes a monthly activity dispersion index, which is a measure of capacity-weighted levels at smelter sites - and an inactive capacity index, which is more binary observations of whether aRead More
(IDEX Online) - Angola is stockpiling over a million carats as it waits for diamond prices to rise and sees its half-yearly sales fall by 37 per cent."In practice Angola has no buyers of this resource," said Jos?(C) Ganga J??nior, chairman of Endiama, the state diamond company, as reported by the Angolan news agency Angop."That's why we have to find ways to survive, using the creativity that...Read More
Share this article TORONTO - First Quantum Minerals Ltd. (FM-TSX) is facing the threat of a strike at noon on September 9, 2023 if workers at its mining operation in Panama do not reach a deal with the company on a new collective agreement published reports say.Union leader Michael Camacho told Bloomberg in a telephone interview that was published in a Scotiabank investment report that negotiation...Read More
(IDEX Online) - Former Baywatch actress Pamela Anderson is the face of Pandora's new lab grown diamond collections.The one-time Playboy model, 56, is featuring in the Danish jeweler's Diamonds for All campaign after it ditched mined diamonds in August 2022 in favor of lab growns manufactured with renewable energy. It also pledged to use only recycled silver and gold in its jewelry.I...Read More
The Carangas project has an estimated 205.4Moz of silver, 1,588.2Koz of gold, 1,444.9Mlbs of lead, 2,653.7Mlbs of zinc, and 112.6Mlbs of copper. Total inferred resources are 45Mt, containing 47.Read More
Lithium is the backbone of the rapidly expanding realm of clean energy technologies, from propelling wind turbines to fueling EVs and bolstering electrical grids. According to projections from the International Energy Agency (IEA), the demand for lithium is poised to skyrocket by as much as 1.1 million tons by 2040.Total Lithium Demand by Sector and ScenarioLithium is not an extremely rare resourc...Read More
The PEA places average production at 13,000oz gold pa over a seven year mine life, from a combined open pit and underground mining operation.Read More
Denholm told Minerals Week in Canberra yesterday that Tesla spent A$1.3 billion on Australian minerals in 2021 which more than tripled to $4.3 billion last year. "And it's growing rapidly," she said.Read More
Hochschild reported a pre-tax profits of $800 000 for the first half, compared with a profit of US$15.3 million a year earlier.Read More
The global desire to move away from the dollar as a medium of exchange for international trade in goods and services has gone from a discussion point to a novelty to a looming reality in a remarkably short period of time.It's impossible to check headlines without seeing a new story about major trading partners planning to substitute their local currencies (or in the BRICS case, a newly formed curr...Read More