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
Last week, I had a really fun conversation on the Angel Research Podcast... But if you think that conversation was about stocks or bonds, you're sorely mistaken. Instead, I digressed from more traditional investing-related topics (if you want those, check out my "5-in-5" video) to talk about something a little more out there...That is, we talked about unidentified aerial phenomena (UAP) and the po...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 resourcesCeibo is testing a chemical ap...Read More
The BRICS Leaders' Summit is scheduled to begin tomorrow, Aug. 22 in South Africa, which will run through the 24th.As I've been warning, this meeting is the most significant development in international finance in the last 50 years.It has the potential to displace the U.S. dollar as the leading payment currency and reserve currency from a standing start in just a few years.This latest monetary cha...Read More
(IDEX Online) - Sarine reported a 24 per cent drop in revenue for the first half of this year and an 85 per cent plunge in profit as inflation and interest rates continued to take their toll on the US market.Weak consumer demand had led to a build-up of polished inventory, it said, and a marked drop in the flow of rough into the pipeline. The Israel-based diamond tech company also said the ex...Read More
The world's second-largest steelmaker is discussing a potential bid with investment bankers, but there is no certainty that it will go ahead, reported Reuters.Read More
AGC warned the deal may collapse and its acquisition agreement may be terminated at any time, although discussions continue.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 resourcesGonzalez advances to the secon...Read More
(IDEX Online) - A jewelry store worker fired gunshots after two raiders armed with hammers started smashing display cases.Nobody was hurt in the attempted robbery at Gold Estate Jewelry in downtown Palm Springs, California, USA.Palm Springs Police Department said it was initially unclear who had fired the shots, but they were later able to confirm it was an employee. They are still investigating t...Read More
What an interesting juncture we’ve reached. We’re constantly assured all is well with what matters the economy as the all-powerful Federal Reserve has managed not just the hoped-for “soft landing” but a resurgence of growth: yowza, no recession.The list of good things is striking: Unemployment is low, wages are rising, the wealth effect from explosive increases in housi...Read More
(IDEX Online) - Items of jewelry stolen from the British Museum, in London, and worth as much as $63,000 ( ?50,000) each were advertised for sale on eBay for as little as $51 ( ?40).A long-serving curator has been dismissed following an internal investigation, according to the Daily Telegraph newspaper.Pieces of jewelry made of gold, semi-precious stones and glass, some dating back over 3,500 year...Read More
Share this articleVANCOUVER - NexGen Energy Ltd. [NXE-TSX, NYSE] has hit a major milestone in the advancement of regulatory approval for its 100%-owned Rook 1 uranium project in Saskatchewan. The company has announced the completion of the Provincial Environmental Assessment Technical Review and submission of the final Environmental Impact Statemen (EIS).NexGen shares were active on the news, risi...Read More
Antilles is on the cusp of getting two low-cost operations into construction, but speaking to investors today Grainger brushed over what would usually be a focus for any microcap to talk about theRead 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 resourcesThe world's second-largest ste...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 resources Falling share prices an...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 resourcesEV batteries and other car par...Read More
(IDEX Online) - Banks have frozen accounts belonging to dozens of diamond manufacturers and traders in India.No clear reason has been provided, although one news report mentions a police probe into alleged cyber-fraud.Police forces in the southern states of Telangana and and Kerala ordered banks to suspend 27 accounts of jewelry businesses based in Surat, the country's diamond polishing capit...Read More
(IDEX Online) - Pandora is rolling out its lab grown diamond jewelry to Australia, Mexico and Brazil, and renaming its collections to acknowledge their origin.Diamonds by Pandora will now be known as Pandora Lab-Grown Diamonds, the company said in a news release.The Danish brand, best known for its charm bracelets, announced in May 2021 that it would no longer use mined diamonds, even though they...Read More
(IDEX Online) - Alrosa's diamond sales have been unaffected by sanctions, according to the company's first published set of financial results since Russia invaded Ukraine in February 2022.First-half sales for 2023 were RUB 188.2 billion ($1.9 bn), up 0.2% from RUB 187.8bn ($1.9 bn), for H1 of 2022, and up 3.5 per cent on H1 of 2021. Net profit for H1 2023 was down 35 per cent year-on-yea...Read More
The bid could rival a US$8 billion offer from Glencore. 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 resourcesThe delay highlights the compl...Read More