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

Memorable corporate and political anniversaries are front of mind at the moment, as is an historic expedition with a valuable lesson for risk assessors everywhere.Newmont recently celebrated its 100th anniversary of incorporation. Colonel William Thompson had founded Newmont Company (an amalgamation of New York and Montana) in 1916 to hold his investments, and incorporated the enterprise five year...Read More

A new report by Fitch Solutions forecasts that some 'conventional' commodities will receive an added boost in the next 20 years as they take a central stage in the green and digital transitions. Among these commodities are copper, nickel, tin, aluminium and rare earths which, together with lithium and cobalt, are expected to see a demand boom on a multi-decade horizon amid the battery revolution....Read More

Our bottomless disfaith in experts is validated yet again…These wiseacres informed us April would turn in over one million fresh jobs. How many fresh jobs did April turn in?266,000 - wrong by a factor approaching four - the miss of all misses."This is a big miss that changes how we think about the recovery," moans University of Michigan economist Justin Wolfers.Perhaps it does.Economist Nick...Read More

Streaming and royalty financing deal flows are predicted to grow significantly over the next decade, and move beyond the precious metals market. Gold and silver now make up 96% of the royalty market share, with cobalt, palladium and copper making up 4% between them.Despite streaming and royalty deals only making up a fraction of overall debt and equity financing in the mining industry, the current...Read More

RBC Capital Stick to Their Hold Rating for Eldorado Gold CorpRead full newsRead More

Fremont project has a resource of 9.36 million tonnes grading 1.71 grams gold per tonne for 515,000 oz. of gold.Read full newsRead More

(IDEX Online) - Industry leaders have reacted angrily to Pandora's claim that lab-grown diamonds are ethically preferable to mined gems.The Danish jeweler announced last Tuesday that it would source only lab-grown stones and that it was launching its first range of jewelry featuring "sustainably lab created diamonds".An alliance of industry bodies is now calling on Pandora to withdraw its "fa...Read More

(IDEX Online) - The largest diamond ever cut in Russia is expected to fetch up to $20m at auction on Wednesday.The 100.94 carat emerald cut diamond, called the Alrosa Spectacle, has been graded by GIA as Type IIa, D color, IF.It was cut from a 207.29-carat rough stone unearthed in 2016 at the Zarnitsa kimberlite pipe in the Sakha Republic (Yakutia) - Russia's first ever diamond mine. The...Read More

(IDEX Online) -  One of the world's rarest watches, a Patek Philippe Reference 2523 with Eurasian Dial, sold at auction yesterday for a record $7.8m.Nine telephone bidders battled it out for the newly-discovered timepiece (pictured), one of just three known to exist globally. The buyer remains anonymous.The watch fetched more than double its $3.7m estimate at the Geneva Watch Auction, he...Read More

CMHC is back with another forecast, this time trying to guess into 2023. These forecasts are not worth the paper they are written on. Canadian Real Estate pr...Read full newsRead More

CMHC is back with another forecast, this time trying to guess into 2023. These forecasts are not worth the paper they are written on. Canadian Real Estate pr...Read full newsRead More

Located in one of Russia's most prolific gold mining provinces, Polyus' Olimpiada reigns as the top producing operation.Read full newsRead More

Fremont project has a resource of 9.36 million tonnes grading 1.71 grams gold per tonne for 515,000 oz. of gold.Read full newsRead More

The drainage evoked Gold King Mine Spill of 2015.Read full newsRead More

I see the same question in forums, threads, articles and emails: what can I do to protect myself and my family from whatever lies ahead?Given the uncertainties and extremes that are so evident, recognizing risk is a useful first step, a recognition that is very much out of fashion.If we glance at the charts of margin debt (loans taken against one’s stock portfolio) which is at record highs,...Read More

Cabin Lake Gold Project: singular Cabin Lake Gold Zone Ore ShootRead full newsRead More

PGM prices up 63% yoyRead full newsRead More

The drainage evoked Gold King Mine Spill of 2015.Read full newsRead More

Rising demand for lithium is stoking prices for the electric vehicle battery metal, fueling long-delayed expansions that still may not produce adequate supplies that automakers need to meet aggressive production plans.Read full newsRead More

The drainage evoked Gold King Mine Spill of 2015.Read full newsRead More