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
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 resourcesForrest was in Perth yesterday...Read More
Greetings from a gorgeously cool and autumnal Asti.We've only had a six-week summer here in Italy. It was cool until mid-June, and as I stand here typing, it's a mere 69F (20C).The global warming nuts are having a tough time with this. The weather maps are blue and green, even in environMENTAL Germany.Though we're still three weeks away, autumn is my favorite time of year.I get to cool down and th...Read More
(IDEX Online) - This is Beyonce wearing the diamond dress that reportedly cost $1m.There was widespread speculation - is it or isn't actually made of diamonds? - when she first wore it last month in Toronto, on her Renaissance World Tour.It is. The mesh dress is an Elsa Peretti Diamonds by the Yard design, featuring fine, fluid chains and bezel-set diamonds.Peretti, who died in 2021, was a de...Read More
Borborema will produce 65,000ozpa at an all-in sustaining cost of US$949/oz over an initial 11.3-year mine life.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 resourcesAt Motheo in Botswana, commerc...Read More
The debentures will be convertible at the holder's option into 21.97 million shares. WHSP also agreed to purchase 8.7 million shares of NexGen from QRCI.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 resourcesGem Diamonds reported revenues...Read More
Graphite forms the bulk of the anode in a lithium-ion battery, and with a bigger forecast supply deficit looming than that which faces lithium, Northern Graphite aims to become a leading NorthRead 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 resourcesInvestors, no matter how favou...Read More
Gem Diamonds reported revenues of US$71.8 from rough diamond sales, down 19% year-on-year. "The 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 group of senior Gabonese mil...Read More
The determination means that the permitting of the Berry Complex, part of the Valentine gold development in Newfoundland and Labrador, Canada, can proceed with an environmentalRead More
Gold, often regarded as a safe-haven asset, has captivated investors for centuries.But today, a distinctive opportunity is emerging within the realm of gold investment the potential for substantial gains by focusing on gold companies with high-grade resources.While the allure of gold is not new, the strategy of targeting specific companies with rich gold deposits offers investors a distinct adva...Read More
(IDEX Online) - India's commerce minister has reiterated the government's support for lab grown diamond production and insisted they are "equivalent to natural diamonds".Piyush Goyal was speaking in Jaipur last week, ahead of two days of G20 trade and investment meetings.He said lab growns would be treated exactly like mined diamonds in free trade agreement talks with other countries."I...Read More
The court reaffirmed DPM's mining concessions for 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 resourcesGonneville, outside Perth, has...Read More
The gold miner commissioned Elizabeth Broderick & Co, which conducted Rio Tinto's similar review last year, as part of its increased focus on psychological safety and culture.Read More
A group of senior Gabonese military officers appeared on television in the early hours of Wednesday and said they had taken power, after incumbent Gabonese President Ali Bongo was named as the winnerRead More
(IDEX Online) - De Beers today (30 August) announced rough sales of just $370m during cycle 7, the lowest figure since the Covid pandemic.Sales slumped to $355m in March 2020, the last cycle before lockdowns forced De Beers to suspend its Gaborone sights. When they resumed in September sales were $334m.Today's announcement suggests there's no end in sight to the caution that has long dom...Read More
Vale Base Metals was spun out from Vale in 2023. 10% of the new company is owned by Saudi investors, and 3% by the US Firm engineer No.1.Read More