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 joint venture is planned to move the UK's largest lithium deposit, owned by Imerys, into production as early as 2028.Read More

(IDEX Online) - A diamond and pearl necklace and earrings owned by the late Princess Diana were withdrawn from auction in New York, after they were sold to a "prominent museum".   The Swan Lake Suite - named after a London ballet performance she attended while wearing them in June 1997 - was due to be sold with a $5m to $15m estimate on Tuesday (27 June).   But auctioneer Guernsey&#...Read More

(IDEX Online) - Mexican rapper Peso Pluma is wearing his diamonds on his teeth.The 24-year-old, who shot to fame with his first single on TikTok last February, has spent $50,000 on custom-made grills made of 10-karat gold and encrusted with 200 diamonds and six red hearts.The removable accessories were designed by celebrity jeweler Braggao, who posted pictures on his Instagram account. He did not...Read More

Today we abandon our focus upon the Ukraine situation. We abandon our focus upon Wall Street. We abandon our focus upon politics, mercifully.Yet we focus indirectly upon them all.That is because today we distinguish between individual man... and collective man.For they are not the same thing.War is the product of collective man... as is war by other means politics.We propose that individual...Read More

"On behalf of K92 Mining, we extend our deepest sympathies, heartfelt thoughts and prayers to the family, friends, and co-workers of our two colleagues during this exceptionally difficult period,"Read More

Navigating the ESG Compliance LandscapeSPONSOREDReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpSaturn works dual-focus opportunitySPONSOREDsaturn metalsCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedAustralia's Minister for Resources, Madeleine King, released the government's long awaited "plan to grow our critical...Read More

The medium-term outlook for PGMs remains robust as technological innovation and ambitious decarbonisation goals open up new consumption frontiers around the world, Northam chief executive Paul DunneRead More

(IDEX Online) - Petra Diamonds says it expects production to fall this year, as it closes the loss-making Koffiefontein mine, in South Africa, and works towards re-opening the Williamson mine, in Tanzania, after the breach of a tailings dam.The UK-based miner is forecasting a total output of 2.75Mcts to 2.85Mcts for 2023, down from 3.35Mcts in 2022.But it forecasts an increase in 2024 to 3.00cts t...Read More

"The definitive feasibility study has reaffirmed the Ewoyaa Lithium project's impressive economic outcomes and profitability potential," Atlantic chief executive Keith Muller said.Read More

Saturn works dual-focus opportunitySPONSOREDsaturn metalsCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpNavigating the ESG Compliance LandscapeSPONSOREDThe medium-term outlook for PGMs remains robust as technological innovation and ambitious decarbonisation goals open u...Read More

Saturn works dual-focus opportunitySPONSOREDsaturn metalsCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpNavigating the ESG Compliance LandscapeSPONSOREDChalmers told the World Mining Congress in Brisbane, Queensland that the resources sector was a "force for good".Read More

"The selection of a plant site in Emden represents the start of our journey to meet the European energy transition, circular economy, and energy independence objectives," chief executive Daniel BloorRead More

(IDEX Online) - A "once in a lifetime" 29.52-carat pink diamond, recovered from the banks of the middle Orange River, in South Africa, is being sold tomorrow (30 June).The Type II rough diamond, said to have an "unusual depth of color and exceptional clarity" and has been named Protea Pink, after South Africa's national flower.It is believed to have originated in the Lesotho kimberlites 90m y...Read More

The Australian gold producer, which is set to be acquired by US' Newmont Corp.Read More

Saturn works dual-focus opportunitySPONSOREDsaturn metalsCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpNavigating the ESG Compliance LandscapeSPONSOREDNumbers used in estimates for the Costa Fuego project include copper and gold price assumptions of US$3.85 per pound a...Read More

"Stop the pro-Russia propaganda please, Jim!"That is the earnest plea of reader John W.This John wrote in response to yesterday's reckoning about the Ukrainian situation.In it Jim Rickards drew a sketch unflattering to the Ukrainian image.Jim even suggested that the fellows in Kyiv may execute a "false flag" assault upon the Zaporizhzhia nuclear power plant in Ukraine's Kherson region.They would p...Read More

The transaction is said to be at an advanced stage, sources told reporters from Valor Economico. The Saudi fund was selected from a list that initially had more than 20 potential bidders.Read More

(IDEX Online) - The global luxury market could increase by as much as 12 per cent this year, if China bounces back from lockdowns and there's sustained growth in Europe and the Americas.Even if there's a general slowdown, and a more sluggish recovery in China, sales should be at least five per cent up on 2022, according to a joint report by business consultants Bain, & Co and the Ita...Read More

Navigating the ESG Compliance LandscapeSPONSOREDReunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCopper Search starts drilling high-priority IOCG targets at PeakeSPONSOREDcopper search limitedSaturn works dual-focus opportunitySPONSOREDsaturn metalsThe transaction is said to be at an advanced stage, sources told reporters from Valor Economico. The Saudi fund was se...Read More

Price manipulation has been a big deal in the silver market for a long time.This goes back to the late 1970s and early 1980s when the Hunt brothers supposedly bought a massive amount of silver about 35 million ounces worth over US$1 billion.They went all-in buying physical silver and silver futures and even took delivery on the futures contracts instead of settling for cash.As the Hunt brothers...Read More