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
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX outlines resource boost and potential upside in AlaskaSPONSOREDpolarx limitedCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdRupice's indicated resource, which includes a maiden estimate for the Rupice North West area, now stands...Read More
The stock market has been up and away this year.Rather, a relative handful of technology stocks have been up and away this year.The major indexes are hitched to these wagon-pullers... and that is largely why these indexes have excelled this year.Today the draft horses took to slacking and slid a bit downhill.The Dow Jones Industrial Average went 237 points backward today.Honeywell exerted a stro...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipExcitement builds at Briggs projectSPONSOREDalma metalsCavalier adds lithium targets to gold and nickel portfolioSPONSOREDcavalier resources ltdThe China-based gold miner said in a regulatory filing that its unit Penglai Mining plans to acquire the assets through a public tende...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
(IDEX Online) - The US jewelry sector shrank again in Q2 of this year, with the overall loss of 462 retailers and more than 100 wholesalers and manufacturers. That's lower than the last two quarters, according to statistics and trend data published earlier this week by the Jewelers Board of Trade (JBT), which provides commercial credit information.In Q1 of this year, total listings dropp...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 limitedIn addressing Melbourne's Mines and Money conference on 14 June, MinEx managing director Richard Schodde said the number of...Read More
Lower prices pressured earnings despite an increase in production of about 10%. Attributable profit fell by 66% to US$1.26 billion in the first half.Read More
With the PFS 80% complete and due early in 2024, the company is looking to add to the mine life and production scale, with a 30,000m drilling programme to commence soon.Read More
Last week, I taught a graduate course in New York City for one of the big banks.I thoroughly enjoyed myself and the students did, as well.The experience reminded me of this piece I wrote about 18 months ago, before I was writing for the Morning Reckoning.You see, I'm not licensed to teach. I've just got a lot of experience that banks demand. They want me to pass on that experience to their new hir...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 LandscapeSPONSORED Vale made the statement in response to reports published by the Wall Street Journal earlier this week, that it is clos...Read More
(IDEX Online) - A gold, ruby and diamond ring that belonged to US rapper Tupac Shakur sold for $1.02m - more than three times its high estimate - at Sotheby's New York.It is now reported to be the most valuable hip-hop artifact ever sold at auction.Shakur wore the ring at the MTV Video Music Awards in September 1996.Three days later he was murdered in a drive-by shooting in Las Vegas in 1996,...Read More
Friedland said the efforts to undertake an energy transition and limit global warming "will take an astronomic amount of mining to try and limit that," which would produce "the revenge of the miners"Read More
Vale made the statement in response to reports published by the Wall Street Journal earlier this week, that it is close to completing the sale of a 10% stake in its's base metals unit to a jointRead More
Liontown, the ASX listed lithium developer, has struck a deal with Mila to explore on the Kathleen Valley Licence Area in Western Australia.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 limitedThe guidance was lowered due to a projected 60,000 to 70,000t less copper production at the Quebrada Blanca mine in Chile&nb...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 limitedVietnam has the world's largest reserves of rare earths.Read More
The net earnings exceeded the $75 million First Quantum brought in during the March quarter.Read More
You've read a million articles about why you should buy gold...And you've read a million others about why you shouldn't.But today I'm going to tell you why I think you should buy gold for your children.First, let me be clear: I'm just talking about physical gold bullion. I'm not suggesting you get your kids into gold stocks or any other "gold-backed" asset; I'm only talking about physical gold coi...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 limitedChief executive Jakob Stausholm acknowledged Rio had not grown much in the past decade but had delivered growth in the June...Read More
"In line with seasonal trends, rough diamond sales continued at a lower level during the sixth sales cycle of the year.Read More