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

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsAs a preface to discussing the company's June quarter financia...Read More

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe Baaj Nwaavjo I'tah Kukveni - Ancestral Footprints of the G...Read More

You're probably aware that Fitch has downgraded the credit rating of the United States from AAA to AA+. It was big news last week.That's nothing to cheer about, though it's not likely to have much impact on the markets in the short run. It's more of a long-term problem.But it's certainly another straw in the wind showing that the U.S. is on a non-sustainable fiscal course that can only end in defa...Read More

Last week's abrupt stock market drop was just the beginning.Yes, there's probably more pain on the way for the bulls in the weeks ahead. But if you know what to look for and how to play a potential rotation out of the tech leaders and into what's working now you'll have no problem navigating the dog days of summer trading.Let's dive right into the nitty-gritty...The S&P 500 slipped lower b...Read More

When we talk about the future of warfare, a lot of people think of drones or hypersonic weapons. That's reasonable, but one facet of future war that often goes overlooked is laser weapons. The U.S. military first began experimenting with lasers in the 1960s.However, after a series of tests, some of them brutal, it was determined that laser weapons had limited use in combat. In fact, in 1995, the G...Read More

The structural projects were conceived in 2010 to extend the operability of several Codelco operations for decades and reverse its declining production profile.Read More

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe government said the decision was made "after serious consi...Read More

The challenge the company has - and one managing director Alex Dorsch admits is a tough problem to have - is how to define economics for a project that continues to get bigger.Read More

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsPYX Resources produces and exports zircon from its operations...Read More

(IDEX Online) - Lab growns are the biggest threat to Namibia's diamond industry, according to Namdia, the state-owned trading company.Lelly Usiku, executive market development, sales and brand says they are increasingly popular in China, the biggest retail market after the US.Lab growns are filling a gap left by Alrosa's reduced production, following its invasion of Ukraine, she said, ac...Read More

(IDEX Online) - The US has reportedly blocked $26m of payments made by Indian businesses attempting to buy rough diamonds from Russia.OFAC, the Office of Foreign Assets Control, is said to have instructed banks in recent months to halt the transfer of funds, mostly from UAE subsidiaries of Indian companies.Neither India nor the UAE has sanctioned rough diamonds from Russia.  The US has, altho...Read More

PYX Resources produces and exports zircon from its operations in Kalimantan, Indonesia, but has so far been stockpiling ilmenite and rutile, the key feedstocks for titanium dioxide, which is used inRead More

The removal of Niger's president Mohamed Bazoum in a military coup has unsettled uranium markets, and signals continued risk in the Sahel region.Read More

(IDEX Online) - Demand for larger diamonds - 3.0-cts and above - is strong, say traders at the IIJS Premiere (India International Jewellery Show), currently taking place in Mumbai, India.Ovals, emeralds, pears, marquise and other fancy shapes are also popular. Fancy prices have held up better than rounds - down 25 per cent drop since February, compared to 30 or 35 per cent for rounds.Organizers of...Read More

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsAccording to MEF, another $10.5 billion in new investments hav...Read More

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsAlso, while the Read More

(IDEX Online) - Two men have been arrested after a bag containing $9.3m of jewelry was stolen from passengers checking in for an Emirates flight from Barcelona's El Prat airport.The stolen Hermes Birkin Bag contained a 47 carat diamond ring valued at $4.93m, a Chanel brooch ($822,000), diamond earrings ($548,000), a Bvlgari watch ($986,000) and $11,000 in cash.The bag belonged to a Russian co...Read More

Also, while the Read More

Despite a weaker copper price, Sandfire Resources shares have jumped following BHP's takeover of OZ Minerals earlier this year.Read More

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsElsewhere, Australia is the world's largest producer of lithiu...Read More