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
(IDEX Online) - Police were called to break up a brawl at the Diamond Exchange NYC on Monday (1 August).Blows were exchanged between traders' booths at the marketplace, which calls itself the World's Largest Jewelry Exchange, in Midtown Manhattan's Diamond District.Video of the incident appears to show several men slugging it out, one woman being hit, and one man losing his pants du...Read More
(IDEX Online) - It's a single lab grown diamond, carved into 4.04 carat solid-faceted ring.Dutch Diamond Technologies created it, in collaboration with Belgian jewelry store Heursel, and it was evaluated by GIA, in New York.The lab described it as demonstrating "the fusion between cutting-edge technology and traditional craftsmanship".It was laser-cut from an 8.54 carat lab grown diamond plat...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 corporationNamali Mackay, the founder of Critical Minerals Association Australia (...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 mineralsRFC places the market consensus forecast deficit at 784,000t for 2030,...Read More
The company said this results in higher average annual gold production of 207,000ozpa over the first five years and 176,000ozpa over the initial 10 years, a 23% increase over the 143,000ozpa in theRead More
The company posted earnings of $1 billion and adjusted EBITDA of $3.9billion in the first half of the year, down 79% and 49%, respectively, when compared to H1 2022.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 mineralsThe company produced 555,036oz gold in the quarter, a 22% increase over...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 mineralsThe report on the findings is expected to be delivered to the governmen...Read More
(IDEX Online) - Polished diamond prices suffered another hefty fall during July as geopolitical uncertainties continued to cast a dark shadow over the diamond market.The IDEX Polished Price Index has been losing an average of 1.8 per cent a month over the last year.During July it fell by 2.57 per cent, a slight improvement on June's 3.04 per cent drop, the worst since the current decline bega...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 mineralsSAVANT publishes a monthly activity dispersion index, which is a measur...Read More
Share this article TORONTO - Alamos Gold Inc. [AGI-TSX, NYSE] has released results of an updated feasibility study for its Lynn Lake gold project in Manitoba.The Lynn Lake project consists of the Gordon and MacLellan deposits which are located approximately 30 kilometres apart. The two deposits will be mined using conventional open pit mining methods with a centralized processing plant and tailing...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 mineralsThe company posted earnings of $1 billion and adjusted EBITDA of $3.9bi...Read More
The April preliminary economic assessment (PEA) outlined a phased US$2.7 billion development for Copper Creek with a 30-year mine life to produce an average of 51,000tpa of copper from a 4.Read More
"I am most disturbed by the pro-Russia stance held by Mr. Rickards and others in your organization."Thus moans reader Bill C.Bill's lament arises in response to a recent reckoning.In that reckoning Mr. Rickards claimed Russia is winning the Ukrainian war.And that claim of Russian victory blanched Bill's nose:I have trouble following anyone that doesn't watch the news. Recently the war has pivoted...Read More
The initial 20,500-tonne shipment was made via a trading company to international parties.Read More
The mine, located in the Atacama region, was fined for "two serious violations" whose "environmental breaches have affected the protection of the quality of surface and groundwater in the RamadillasRead More
The lower numbers come as the West Africa-focused miner is decreasing output at some of its mines, while it focuses on bringing its higher-quality assets online.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 mineralsForrest was critical of the fossil fuel policies announced this week by...Read More
The MEIA approval paves the way for extending the mine life by 20 years.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 Toronto-listed company reported net earnings of $62.2 million, or $...Read More