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
The U.S. Environmental Protection Agency announced that certain copper alloys provide long-term effectiveness against the virus that causes COVID-19, the first product to get the approval.Read full newsRead More
A Saudi-led coalition said it had intercepted an explosive-laden drone fired by Yemen's Houthi rebels.Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Injecting pellets of lithium into a tokamak's divertor could help control high-risk conditions.Read full newsRead More
ESG concerns will be the result of the rising supply of MHP aimed at responding to the demand for battery metal commodities.Read full newsRead More
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.Read full newsRead More
Meanwhile iridium is the latest precious metal to soar, with Reuters reporting supply shortages and expectations it would be used to produce hydrogen to power a greener economy lifting its value by 160% in two months.It's risen from US$1,685 an ounce on December 12 to a record $4,390/oz, the wire service said.Impala Platinum (JSE: IMP), which produces about 67,000 ounces of iridium annually, rose...Read More
(IDEX Online) - A fintech startup will tomorrow launch standardized diamond "coins" for investors in a move which could "reinvent the supply chain".Diamond Standard, based in Bermuda, will offer the first 5,000 diamond standard coins, each containing "a set of certified natural diamonds with identical geological scarcity" weighing 4.5 carats and to the exact value of $5,000.Each coin (pictured) al...Read More
(IDEX Online) - Prices of fancy color diamonds fell marginally for a second consecutive quarter says the Fancy Color Research Foundation (FCRF).Blue gems were down year-on-year by 1.3 per cent, pinks 0.9 per cent and yellows 0.3 per cent in Q4 of 2020.The New York-based FCRF) has produced was unable to produce figures for Q1 and Q2 of the year, because business was too slow to provide sufficient d...Read More
(IDEX Online) - Alrosa sold $10m of rough at its first 2020 auction of special-size stones.The Russian state-owned miner described demand as "stable", although almost 20 per cent of lots weren't sold.It said it had buyers for 104 stones, all over 10.8 carats, with a combined weight of over 1,500 carats.Last week Alrosa reported total rough and polished sales of $430m for January, up six per c...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationMembers of Arizona's San Carlos Apache Tribe sought to stop the transfer on the grounds t...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesSegerstrom was earlier the geology manager at Freeport-McMoRan's Grasberg project in Indonesia and later COO of Paramount Gold and Silver.He is also on the board of Almadex Minerals.Trident aims to fill valuable nicheSPONSOREDtrident royaltiesFollowing a week-long detailed field, core and data review, Bam Bam said Segerstrom was "very en...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royalties"One of our peers in the space, SolGold, has done extremely well and we're trying to emulate their success," says Hot Chili managing director Christian Easterday, speaking on a RESOURCEStocks webcast, ahead of his latest corporate presentation. He's just punched a plus-US$3.70/lb copper price into his slide deck and come up with an in-gr...Read More
Trident aims to fill valuable nicheSPONSOREDtrident royaltiesThe junior's latest deal to secure Sala, one of the largest and highest grade silver mines in Europe prior to its closure in 1962, gives it more than 310 square kilometres of ground in central Sweden's infrastructure-rich Bergslagen region. The district has world-class base and precious metals mines such as Boliden's Garpenberg and Lundi...Read More
Neo Lithium moving closer to productionSPONSOREDneo lithiumPantoro charging towards second gold mineSPONSOREDpantoro limitedMaximus ready to resume search for more Wattle Dam richesSPONSOREDmaximus resourcesEnvironmental and social governance (ESG) is critical to the success of miningSPONSOREDonyen corporationWhen management at the LME last checked there was just 790 tonnes of tin being held on be...Read More
For decades, the global demand for copper has been rising steadily, having tripled over the past half-century according to the International Copper Study Group. Demand for copper - a metal key to the green energy transition - is expected to keep rising over the coming years as emerging economies led by China continue to ramp up industrial activity.According to the USGS, roughly 700 million tonnes...Read More
How Top Gold Mining Stocks Performed in 2020 Gold mining stocks and the GDX saw strong returns in 2020 as gold was one of the most resilient and ...Read full newsRead More
North American markets are closed today for public holidays, namely family day in Canada and Washington's birthday in the US, while China's Lunar New Year celebrations continue.Among the market movers, Lucara Diamond reached a one-year high of C$1 on Friday in Toronto before closing up 13.8% to 99c.The rise was on no news but follows a report this month suggesting the diamond market is poised for...Read More
(IDEX Online) - India exported $1.8bn of polished diamonds in January, up 9.4 per cent year-on-year.The recent surge comes after foreign sales fell overall throughout most of 2020. Provisional export figures for April 2020 to January 2021 were down 23 per cent on the same period a year earlier, according to newly-released figures from the GJEPC (Gem and Jewellery Export Promotion Council).Gol...Read More
(IDEX Online) - An extremely rare 3.05-carat Type IIa Goloconda diamond could fetch $200,000 at auction in New York.The diamond, set in a ring (pictured) being auctioned is a Pear-Shaped D/IF from a respected New York estate, says the Fortuna Auction House.India's Goloconda mines were famed for the Koh-i-Noor and other diamonds of remarkable quality, whiteness and clarity, but ceased producti...Read More