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) - It's a single lab grown diamond, carved into 4.04 carat solid-faceted ring.Dutch Diamond Technologies created it, in collaboration with Belgian jewelry store Heursel, and it was evaluated by GIA, in New York.The lab described it as demonstrating "the fusion between cutting-edge technology and traditional craftsmanship".It was laser-cut from an 8.54 carat lab grown diamond plat...Read More

"I am most disturbed by the pro-Russia stance held by Mr. Rickards and others in your organization."Thus moans reader Bill C.Bill's lament arises in response to a recent reckoning.In that reckoning Mr. Rickards claimed Russia is winning the Ukrainian war.And that claim of Russian victory blanched Bill's nose:I have trouble following anyone that doesn't watch the news. Recently the war has pivoted...Read More

(IDEX Online) - Polished diamond prices suffered another hefty fall during July as geopolitical uncertainties continued to cast a dark shadow over the diamond market.The IDEX Polished Price Index has been losing an average of 1.8 per cent a month over the last year.During July it fell by 2.57 per cent, a slight improvement on June's 3.04 per cent drop, the worst since the current decline bega...Read More

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe company posted earnings of $1 billion and adjusted EBITDA of $3.9bi...Read More

The initial 20,500-tonne shipment was made via a trading company to international parties.Read More

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe Conaie indigenous association asked the court to implement precauti...Read More

(IDEX Online) - Has Rihanna started a new trend, with a $700,000 Jacob & Co diamond watch on a neck choker?It certainly provoked a reaction at the Louis Vuitton Fashion Show, in Paris, even if it ignored one very basic requirement for wearing a timepiece.The Barbadian singer, 35, was involved in the design, adapting the Brilliant Flying Tourbillon watch to be worn on a black calfskin choker, s...Read More

The MEIA approval paves the way for extending the mine life by 20 years.Read More

Pan American, which only recently picked up the project stake via its partial acquisition of Yamana Gold, will also receive a net smelter return royalty of 1.Read More

The lower numbers come as the West Africa-focused miner is decreasing output at some of its mines, while it focuses on bringing its higher-quality assets online.Read More

Andover lithium potentially Australia's biggestSPONSOREDazure mineralsMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationFerrexpo produced 1.96Mt of iron ore pellets, up 57% from H2 2022 and p...Read More

Reuters gives the news:Fitch downgraded the United States to AA+ from AAA, citing fiscal deterioration over the next three years and repeated down-to-the-wire debt ceiling negotiations that threaten the government's ability to pay its bills.Thus Fitch becomes the second credit rating agency to embarrass the government of the United States.Standard & Poor's executed the initial embarrassment in...Read More

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsSpeaking at the Melbourne Mining Club August luncheon yesterday, Staush...Read More

The mine, located in the Atacama region, was fined for "two serious violations" whose "environmental breaches have affected the protection of the quality of surface and groundwater in the RamadillasRead More

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsForrest was critical of the fossil fuel policies announced this week by...Read More

According to the World Gold Council's most recent report on gold demand trends, global demand for gold dipped slightly in the second quarter of 2023, mainly attributed to weaker central bank purchasing. Excluding over-the-counter trading, the WGC says total gold demand fell by 2% year on year between April and June, amounting to 921 tonnes. This contributed to a 6% year-on-year decline in first-ha...Read More

(IDEX Online) - US watch and jewelry sales fell back a little during June, down by 3.5 per cent according to the Department of Commerce.It follows a small sign of improvement the previous month, when, according to revised figures, sales fell by just 2.0 per cent. By comparison, March and April saw sales drop by 8.8 per cent and 6.4 per cent respectively.Consumers in the US remain he...Read More

Andover lithium potentially Australia's biggestSPONSOREDazure mineralsMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationThe Toronto-listed company reported net earnings of $62.2 million, or $...Read More

(IDEX Online) - Armed robbers yesterday (1 August) escaped with up to $16m of jewelry from a Piaget store, in the latest high-value raid on the Place Vendome, in Paris.Police are reported to be hunting two smartly-dressed men and a woman who held staff members at gunpoint in the lunchtime heist.It's the latest in a spate of raids in the area. Last month two armed men forced staff to open the...Read More

The Conaie indigenous association asked the court to implement precautionary measures against Decree 754 issued by president Guillermo Lasso in May, on the grounds that there was not consultationRead More