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 company also aims to file a project description by the end of this year to trigger the commencement of the permitting process for CV5.Read More

Excelsior remains the operator and Nuton funds Excelsior's costs associated with a two-stage work program at Johnson Camp.Read More

The deal consolidates Glencore's full ownership in MARA. It acquired Newmont's 18.75% stake in October 2022, bringing its shareholding to 43.75%. while Pan American acquired its 56.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 mineralsFor the mining industry a slower China is a major challenge because it...Read More

The highest court of Chile ruled that compensation of CL$1.24 billion (US$1.5 million) should be given to 31 of the 33 trapped miners.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 announcement follows a challenging first quarter to the year, while...Read More

(IDEX Online) - Tiffany & Co is planning to remodel all its 300-plus stores, following the $500m revamp of its flagship, The Landmark, on Fifth Avenue, New York."At the end of the day, what we want is within three, four years max to have redone most of the network of stores at Tiffany," said Jean-Jacques Guiony, chief financial officer of parent company LVMH."That's a significant capital...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningThe initial inferred resource is 109.2 million tonnes at 1.42% lithium oxide and 160 parts per million tantalum, f...Read More

The Fed raised interest rates again last week. But that's the past. What does the future look like?Today, you'll receive a full recap of what happened with last week's Fed meeting. I'll explain what happened in terms of policy moves, what Fed Chair Jay Powell believes will happen next, and what will actually happen.Importantly, the difference between Powell's expectations and market expectations c...Read More

Output fell 11.5% to 684,000t compared with the 2022 period, with production falling at all of its operations except Radomiro Tomic. Profits fell 86.2% to S$329 million from $2.Read More

The announcement follows a challenging first quarter to the year, while some problems were resolved by the second quarter. MMG flagged a 34-day suspension following a Read More

(IDEX Online) - The owner of a jewelry store in Minnesota, USA, has been jailed for six months after he admitted dodging $147,000 in tax by submitting a false return.Bernard James Benavidez, 62, owner of Master Jewelers, in Rochester, has been sentenced after he pleaded guilty in February to one count of making and subscribing a false tax return.He regularly and intentionally diverted signifi...Read More

After graduating college, I found myself floating on the Patuxent River in a 42-foot boat. My days were filled with bright mornings as I wobbled to work on my sea legs and peaceful nights as I read by the dim lights, slowly rocked to sleep by the changing tides.If I needed to travel anywhere by sea, I used the water. If I needed to power the lights, central air, or water pumps, I used the electric...Read More

(IDEX Online) - A jewlery store worker has been arrested and accused of stealing goods valued at $125,000 from customers.Laura Bee, aged 59, is alleged to have replaced some mined diamonds with lab growns, at Ever Love Jewelers, in Huntington, New York."She took my engagement ring," one accuser told the News12 channel. "She was resetting it. She took the stone out, gave me a lab diamond back."Dete...Read More

(IDEX Online) - John Lewis, the high-end chain of British department stores, is to boycott rubies, sapphires and other gemstones from Burma, in protest at the military junta's civil war against its people."We remain extremely concerned to learn of developments around the conflicts that have taken place, and that continues to take place in recent years in Burma/Myanmar," the company said in a...Read More

More than 40 countries are now part of the BRICs network, with more requesting to join each month.Read More

Earlier this month, the company obtained a 25-year renewal for the Cascabel concession and then agreed on an exploitation contract with the government.Read More

(IDEX Online) - LVMH reported an 11 per cent rise in jewelry and watch revenue to $6bn in the first half of this year, part of an "outstanding" set of results across all sectors.The French luxury conglomerate said there had been "impressive growth" in high jewelry, in particular at its Tiffany, Bulgari, and TAG Heuer maisons.LVMH recorded a total H1 revenue of $47bn in the first half of 2023, an i...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 updated PEA incorporated the La Garrucha deposit into the mine plan...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 corporationAccording to the French multinational mining company, the deal is appro...Read More