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

Whitemud comprises of 381 single cell mining claims covering 7,775ha.Read More

Excitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdNavigating the ESG Compliance LandscapeSPONSOREDPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCopper Copper output of 488,000t was 4% lower than H1 2022, attributed to the issues out of Collahuasi and Antamina. Own-so...Read More

Copper Copper output of 488,000t was 4% lower than H1 2022, attributed to the issues out of Collahuasi and Antamina. Own-source sales volumes were also lower, due to timings of shipments.Read More

PolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdExcitement builds at Briggs projectSPONSOREDalma metalsNavigating the ESG Compliance LandscapeSPONSOREDDemand from solar and wind power, along with metals-heavy electric vehicles and their batteries, could soon tip both copper...Read More

SolGold's flagship copper-gold project will mainly produce copper, silver and gold and will need an expected $4.9 billion of investments.Read More

(IDEX Online) - Rio Tinto yesterday reported another drop in quarterly diamond production at its Diavik mine, in Canada, down 16 per cent on Q2 2022 to 970,000 carats.It said output was lower because of "the completion of an underground pipe and area of the open pit during the period."In February, Rio Tinto, the world's second-largest metals and mining corporation, announced plans to invest $...Read More

Sales totalled 1.029Blb of copper, 3% lower than the mining company expected and 5% below the same quarter in 2022.Read More

The unidentified Chinese battery manufacturer cut back its stake in Moti Group's project from 20 to 10%, reports Bloomberg, potentially setting back the lithium processing plant.Read More

With all the geopolitical messes around the world, there's no better time to start planning for a second passport than now.Whether it's for moving to a new country, giving your children other options, or just plain old financial planning, having a second passport opens up doors you may never have thought of.It's a big move for most people. But once you start the process, you'll wonder why you didn...Read More

(IDEX Online) - De Beers today reported a five per cent drop in its Q2 production, but said its full-year forecast remained unchanged at 30m to 33m carats, subject to trading conditions.Output was down largely because of the planned transition of the Venetia mine in South Africa from open-pit to underground.South Africa's production was down 62 per cent compared with Q2 2022. Botswana, by far...Read More

Copper production guidance for 2023 remains at between 840,000-930,000t, with Chile contributing between 530-580,000t.Read More

Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpA new working paper from the US-based National Bureau of Economic Research (Gold's Value as an Investment, Working Paper 31386) a...Read More

Share this articleTORONTO - Largo Inc. [LGO-TSX] said operational actions taken in the second quarter of 2023 have resulted in improved vanadium production rates at the company's Maracas Menchen Mine in Bahia State, Brazil.The company also said it achieved a key milestone in the second quarter by completing construction of its ilmenite concentration plant, followed by the start of commissioning....Read More

"The world is not driven by greed. It's driven by envy."Here you have the sage conclusion of Mr. Charles Munger, aged 99 and one-half years.Mr. Munger is of course the business partner of Warren Buffett and legendary vice chairman of Berkshire Hathaway.This ancient draws his conclusion from many, many decades of penetrating and microscopic observation.Penetrating and microscopic observation, that...Read More

Production of 285 million tonnes from its Western Australian Iron Ore (WAIO) division was a new record, while in copper, records were set at Olympic Dam in South Australia (212,000t) and Spence inRead More

(IDEX Online) - The vast new Surat Diamond Bourse (SDB) - stretching across nine 15-story towers - has become the biggest office building in the world.It has over 7.1m square feet of floor space, compared with just over 6.6m at the Pentagon, HQ of the US Defense Department.The bourse, built at a cost of $388m, is due to be officially opened by India's Prime Minister, Narendra Modi, in De...Read More

The company produced 29,403oz gold out of its two gold mines in Tanzania, with Singida contributing 10,065oz, following its first gold pour in March 2023.Read More

Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Catalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdNavigating the ESG Compliance LandscapeSPONSOREDThe company's April-June adjusted EBITDA came in at $137 million, which is down from $913 million a year earlier, and from $240 m...Read More

Nickel hit by planned maintenance Nickel production for the three months was 36,900t, which is up 8% year-on-year and down 10% quarter-on-quarter.Read More

With a scarcity of potentially significant discoveries in recent years, Snowline landed in a depressed market with a high-grade, open pittable, heap-leachable project with scale potential, a genuinelyRead More