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
In 1965, American chemist and researcher James Schlatter was working for G.D. Searle & Co. on developing a stomach ulcer drug.He took a short break from his long day and rifled through some papers.However, maybe out of laziness, sloppiness, or forgetfulness, when the pages got stuck, he licked his fingers. He paused for a minute because he'd just tasted something 200 times sweeter than sugar.What...Read More
(IDEX Online) - The owner of a US jewelry store is offering a $50,000 reward to help catch the armed gang that cleared him out of merchandise worth $1.7m.Brad Boozer says he'll pay the reward from his own pocket. It's been more than a month since the heist at Boozer's Jewelers, in Waco, Texas, on 17 June.Two masked raiders, a man and a woman, walked into his store with a gun, zip-ti...Read More
(IDEX Online) - Half of India's diamond workers are struggling financially as a global drop in demand forces factories to cut hours and wages.The country's estimated 500,000 cutters and polishers are paid either per carat - around $12 to $18 - or an a per-piece basis.But many factories, especially the smaller units, are operating reduced days, or fewer days per week, which means workers...Read More
(IDEX Online) - Alrosa's new CEO, Pavel Marynichev, has been sanctioned the US, as his predecessor Sergey Ivanov was before him.The US State Department announced last Thursday that it was imposing additional sanctions on individuals and entities to degrade Russia's current and future military capabilities.It said Marinychev was being designated for "operating or having operated in...Read More
What if Dr. Geert Vanden Bossche is correct?The European virologist said at the outset of the COVID-19 episode in 2020 that vaccinating the world in the midst of an epidemic was insane because it would train the virus to evolve more dangerously while disabling human immune systems.Last week he issued a warning that the world was within weeks of just such a new and deadly immune escape variant outb...Read More
Copper Copper output of 488,000t was 4% lower than H1 2022, attributed to the issues out of Collahuasi and Antamina. Own-source sales volumes were also lower, due to timings of shipments.Read More
SolGold's flagship copper-gold project will mainly produce copper, silver and gold and will need an expected $4.9 billion of investments.Read More
The company's operating result was significantly affected by the fire, which took place in June 2023 and lasted over two weeks.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 company reported June quarter production of 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 LandscapeSPONSOREDDemand from solar and wind power, along with metals-heavy electric vehicles and their batteries, could soon tip both copper...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 limitedCopper Copper output of 488,000t was 4% lower than H1 2022, attributed to the issues out of Collahuasi and Antamina. Own-so...Read More
Whitemud comprises of 381 single cell mining claims covering 7,775ha.Read More
All-in sustaining costs guidance for the year was lowered to US$1120-$1200/oz from $1250-$1300/oz.Read More
In an interview with CNN earlier this week, President Joe Biden made a troubling (if obvious) admission...We're running low on ammo. "This is a war relating to munitions," he said referring to Ukraine. "And they're running out of that ammunition, and we're low on it."Specifically, there's a shortage of 155 mm artillery shells. To date, the U.S. has provided Ukraine with over 2 million 155 mm artil...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 company's operating result was significantly affected by the fire, which took place in June 2023 and lasted over two wee...Read More
It was a strange experience watching the House hearing in which Robert F. Kennedy Jr. was testifying.The topic was censorship and how and to what extent federal government agencies under two administrations muscled social media companies to take down posts, ban users and throttle content. The majority made its case.What was strange was the minority reaction throughout.They tried to shut down RFK....Read More
Some C$178.6 million in equity has been raised for Yukon projects over the past 12 months according to Lise Farynowski, director, business and industry development of the Yukon government.Read More
Share this articleTORONTO - Largo Inc. [LGO-TSX] said operational actions taken in the second quarter of 2023 have resulted in improved vanadium production rates at the company's Maracas Menchen Mine in Bahia State, Brazil.The company also said it achieved a key milestone in the second quarter by completing construction of its ilmenite concentration plant, followed by the start of commissioning....Read More
Sales totalled 1.029Blb of copper, 3% lower than the mining company expected and 5% below the same quarter in 2022.Read More
The unidentified Chinese battery manufacturer cut back its stake in Moti Group's project from 20 to 10%, reports Bloomberg, potentially setting back the lithium processing plant.Read More