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
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
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 limitedVietnam has the world's largest reserves of rare earths.Read More
For the past two weeks, members of the ISA have been meeting in Jamaica to discuss the creation of a mining code for international waters.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 LandscapeSPONSOREDDeclared on July 4 by the World Meteorological Organisation, El Niño is another complication for the commodity market...Read More
(IDEX Online) - De Beers today announced a further steep drop in rough sales, down almost 36 per cent year-on-year for cycle 6 to $410m, amid ongoing midstream caution.It's the lowest figure for any De Beers cycle since May 2021, when it recorded sales of $380m. Prices of stones over 2-cts were reportedly reduced by as much as 20 per cent at the sight in Gaborone earlier this month.De Be...Read More
The export permit is for 900,000wt of copper concentrate and is valid from July 24 to May 31, 2024, parent company PT Amman Mineral Internasional said. Last week, Indonesia announced Read More
The currency wars are alive and well. Here's the latest battle...Over the past nine months, the Japanese yen rallied 13% against the dollar. But now the yen has started to fall in value.This decline is not surprising. Japan's economy has been flirting with recession. A new recession, likely in my view, would be the ninth recession since the historic stock market and real estate crash in Japan in 1...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 LandscapeSPONSOREDThe ministry's head of geology and former director of mineral and coal entrepreneur development, Sugeng Mujiyanto, was named...Read More
(IDEX Online) - Bonhams says its jewelry sales during the first half of this year were up 40 per cent on the same period in 2022.The UK-based auctioneer announced a 32 per cent increase in global sales across all departments to a record $550m for the six-month period. It did not provide a breakdown for all jewelry sales.Bonhams held 40 dedicated jewelry sales (12 live, 28 online) across its global...Read More
The ministry's head of geology and former director of mineral and coal entrepreneur development, Sugeng Mujiyanto, was named as one of the detainees, according to Tempo Inti Media.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"I plan on meeting Elon Musk on August 2. We would like to finalise [Tesla's investment in Indonesia]," the country's chief...Read More
(IDEX Online) - De Beers today announced the delivery of first production from the new underground operation at its Venetia mine, in South Africa.The $2.2bn underground expansion began in 2012, is expected to extend the life of the mine to the mid-2040s and is expected to produce an average of 4.5m carats a year.De Beers describes it as "the biggest single investment in the country's diamond...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 LandscapeSPONSOREDIn the world of public relations, a key part of the job is to manage expectations.Read More
The Australia-headquartered company's copper production, including cathode and concentrate, was 92,847t for the three months and guidance was maintained at 305,000-353,000t.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 limitedAccording to Wirth, lithium production aligns with the US oil major's "core capabilities" as a fossil fuel producer. Lithium...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 limitedKumba Iron Ore, which is 70% owned by Anglo American, reported production of 18.8Mt in the six months to June 2023, up by 6%...Read More
(IDEX Online) - India's gem and jewelry exports could fall by as much as 15 per cent this year as demand from key markets remains slow."We expect that overall we should see a 10 to 15 per cent decline in the gems and jewellery exports," Vipul Shah (pictured), chairman of the Gems and Jewellery Export Promotion Council (GJEPC) told reporters last week."For gems and jewellery, the major contrib...Read More
In the first half of 2023, Hochschild produced 11.4Moz gold equivalent, down 15% compared to the same period last year. Hochschild produced 2.4Moz silver in the June quarter of 2023, up from 2.Read More
(IDEX Online) - A Brinks security guard was sleeping in the front of his truck as raiders broke a padlock and stole million of dollars worth of jewelry, according to newly-obtained bodycam footage.The vehicle was on its way from the International Gem and Jewelry Show in San Mateo, south of San Francisco, to an event at the Pasadena Convention Center, northeast of Los Angeles. Guards who had...Read More