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 funding will be provided under Title III of the Defense Production Act (DPA), funded through the Inflation Reduction Act (IRA), and follows the designation of graphite as a material "essential toRead More
The royalty is in addition to the existing NSRs on Vizcachitas, which consist of a 2% NSR for open pit operations and a 1% NSR for underground operations.Read More
(IDEX Online) - A dazzling 19th century brooch, once owned by British royalty and featuring around 200 carats of old mine-cut diamonds, is to be sold in the US, priced at $2.65m.Antique jeweler M.S. Rau, based in New Orleans, describes the ribbon node brooch as "monumental".It says it is "both a captivating treasure and a piece of history". Henry Pelham-Clinton, the 5th Duke of Newcastle, com...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
Arbor Metals wants support for the industry to mirror the support already seen for major battery manufacturers.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 limitedMetals and minerals prices hit all-time highs in 2011 before the bubble finally burst.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 ltdWith two CLP licences, Ndom and Gamboukou, being assessed for their potential to host hard rock lithium,...Read More
(IDEX Online) - A woman reportedly agreed to sell every piece in her jewelry collection to pay her husband's gambling debts - only to discover that all but one were fake.She says he showered her with valuable gifts, including a Rolex watch, during their 25-year marriage, according to a report in the Israeli newspaper Maariv.But she claims that when she took them to be valued, the jeweler said...Read More
Share this article VANCOUVER - Ecora Resources Plc [ECOR-TSX, LSE, ECRAF-OTC Pink] said Monday it is spending $20 million to acquire a 0.25% net smelter royalty (NSR) over all metal production from the planned open pit of the Vizcachitas copper project in Chile, owned by Andes Copper Ltd.The company said the agreement marks a rare opportunity to acquire a royalty over one of the world's largest un...Read More
The Dow Jones Industrial Average (DJIA) was 36,800 on Jan. 4, 2022, an all-time high. It's about 35,450 today. That's down 3.8% over the past 18 months. That decline is nominal. But if you adjust for inflation, the DJIA was down 6.42% over those 18 months.The same applies to the S&P 500 index. The S&P was 4,794 on Jan. 4, 2022, also an all-time high. It's about 4,559 today. That's down abo...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 limitedAs of Saturday, 116 "non-coal mines" and 14 tailing ponds in the province stopped production for the flood season, according...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 LandscapeSPONSOREDSouth32 put Hermosa on the approvals fast-track in May, but its recent studies have shown that the Taylor zinc-lead-silver a...Read More
As of Saturday, 116 "non-coal mines" and 14 tailing ponds in the province stopped production for the flood season, according to the Liaoning Provincial Flood Control and Drought Relief HeadquartersRead 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 Susana Muhamad, Colombia's minister of environment and sustainable development, the new decree isn't meant to h...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 limitedThat's enough said about sport because not enough is being said about why Whitehaven Coal has succeeded mining a material so...Read More
(IDEX Online) - Caravanner Carmel Ash found a 424-carat yellow sapphire, valued at up to $200,000 (AUS$300,000), while "specking" - looking for gems, especially after a downpour - in Australia.She said she was "absolutely astounded" when what initially appeared to be a black rock turned out to be a huge and valuable gemstone.Carmel, 71, who describes herself as "half-blind", was walking with husba...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