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 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
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
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
(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
Excelsior remains the operator and Nuton funds Excelsior's costs associated with a two-stage work program at Johnson Camp.Read More
More than 40 countries are now part of the BRICs network, with more requesting to join each month.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
(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
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
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 mineralsIn May, British Prime Minister Rishi Sunak announced at the G7 Summit t...Read More
In addition to evicting the miners, Southern Copper also wants the authorities to confiscate illegally mined ores.Read More
Share this article VANCOUVER - Blackwolf Copper and Gold Ltd. [BWCG-TSXV; BWCGF-OTC] has launched the maiden drill program at the Cantoo Mountain project in southwestern Alaska. The Cantoo property is located adjacent to the Canadian border and the historic Premier gold mine that is currently in redevelopment.Initial drill holes could be in excess of 700 metres to test the multiple structures. Thi...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 corporationIt's in court 42 of the Supreme Court of Western Australia that 27 of t...Read More
Manara Minerals, a joint venture between Saudi Arabian Mining Company and the country's Public Investment Fund, will take on a 10% stake in Vale's recently separated base metals business.Read More
A dark cloud of disrepute hangs over all official institutions in the developed world. It affects governments most but also all the institutions that cooperated with them over three and a half years, including media, the biggest corporations, and tech companies.The cloud covers most all academia, medicine, and experts in general.The reason traces to the utterly preposterous pretense that by the ma...Read More
93-97.98-100.102-103.These aren't basketball scores. They're this week's weather forecast for Omaha, Des Moines, and St. Louis.It's 98 degrees in Baltimore today. I'm working from home because the AC at my office is so bad my coworkers are losing their shit.This is not an isolated incident. The water off the coast of Florida is at hot tub temperatures. Over half the country 180 million people...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
According to the state, the veto violates its sovereignty and a land swap deal with the US that was made half a century ago. Northern Dynasty said it Read More