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
The talks come amid ongoing tensions between China and the US. And an underperforming Chinese economy.Read More
Share this article VANCOUVER - Quebec Precious Metals Corp. [QPM-TSXV; CJCFF-OTCBB; YXEP-FSE] has identified high-priority lithium targets following a detailed lithium targeting study on all of its exploration projects (1,298 claims covering 676 km2, 100%-owned) performed by ALS GoldSpot Discoveries Ltd., located in the Eeyou Istchee James Bay territory in Quebec.Highlights: High-priority target a...Read More
The Muchesu mine, formerly called the Lubu mine, is located in the Hwange mining district, in Matabeleland North Province, to the south of Victoria Falls.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 resourcesA recent Mining Journal report...Read More
Chesterton the great G.K. Chesterton once warned of "anarchy from above."As this Chesterton fellow explained:"It isn't necessary that anarchy should be violent; nor is it necessary that it should come from below."Chesterton concluded gravely, sternly presciently:"A government may grow anarchic as much as a people."A government may grow anarchic as much as a people? Is it true?This is not a...Read More
(IDEX Online) - Gem Diamonds saw its revenue from rough sales at Letseng, in Lesotho, down 19 per cent to $71.6m in the first half of this year.The UK-based miner blamed the ongoing downturn, fewer recoveries of high-value diamonds, and power outages interrupting ore processing.Letseng, known as the highest dollar per carat kimberlite diamond mine in the world, saw average prices fall 22 per cent...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 resourcesA week ago, Esmark announ...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 resourcesThe QMM mine in Fort Dauphin,...Read More
Happy Thursday!I've been running around Europe lately with the family.But there's one skill that I'm so pleased I've developed. And that's negotiation skills.Because even in Europe, people try to take advantage of you.So enjoy this piece and, by God, read Jim Camp's books!Develop This Skill at All CostsThere are many different skills that any person especially a businessperson must develop. Pr...Read More
The QMM mine in Fort Dauphin, Madagascar, produces ilmenite, the main feedstock for titanium and titanium dioxide.Read More
(IDEX Online) - Jewelry store workers were treated for breathing difficulties and stinging eyes after they were pepper-sprayed during a raid.Police in Philadelphia, USA, are hunting four men who used a sledgehammer to smash display cases at Javier the Jeweler, at the Philadelphia Mills mall.They say the pepper spray used was "highly concentrated" and they evacuated the mall following the att...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 resourcesChina's state planner has repo...Read More
(IDEX Online) - The new Surat Diamond Bourse (SDB) has officially been recognized by Guinness World Records as the largest office building in existence."The sprawling complex boasts an incredible 659,611 m ? (7.1 million sq. ft) of floor space, spanning 35 acres of land, surpassing the USA's Pentagon as the world's largest office building," says Guinness in an announcement on Tuesday (22...Read More
The company paid US$1.4 billion in February last year for 45% of the Sierra Gorda copper mine in Chile.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 resourcesThe case was filed in New York...Read More
Gold production by the eight leading (non-Australian) gold producers fell 2.6% in the June quarter to an aggregate 5.84Moz compared to 2022, although this was an 8.4% increase over the March quarter.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 resourcesElectric Era is seeking rapid...Read More
(IDEX Online) - Gemstone educator Gem-A has issued a warning over "diamond solitaire rings" that are being mailed, apparently randomly, to people in the UK and northern Europe. It's almost certainly a scam, but nobody, least of all Gem-A, is quite sure how it works.The organization, which provides gemology and diamond education in 26 countries but does not sell jewelry, said it was "baff...Read More
The programme includes 2,200m of diamond drilling in seven drill holes within the current pit boundaries to upgrade some resources from the indicated to measured category.Read More
(IDEX Online) - India suffered another steep decline in gross exports of polished diamonds during July, down just over 39 per cent to $1.17bn.Ongoing weak demand had a more severe impact than June, when year-on-year exports slid by 31 per cent. Foreign sales during May appeared to show some recovery with a more moderate fall of 17.5 per cent.Gross imports of rough diamonds were down by 21 per cent...Read More