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

An uncertain and uneven recovery explains their skyward leapRead full newsRead More

(IDEX Online) - Christie's first "live" auction in New York since coronavirus will feature a pendant necklace with a 116-carat diamond and a high estimate of $7m.The central diamond (pictured) is a pear brilliant-cut diamond of 115.83 carats, F color, VVS1 clarity and the platinum necklace includes more than 50 other diamonds, of up to 5.50 carats.The Magnificent Jewels sale, which takes plac...Read More

(IDEX Online) - GIA is using advanced artificial intelligence (AI) to evaluate diamonds "like never before". The US-based diamond identification and grading authority has joined forces with the research division of IBM to develop the technology.It has been "learning" to recognize diamond attributes from tens of millions of stones already graded by the Gemological Institute of America at its l...Read More

Gold continued its upward climb today and made history by touching record prices as worries over the coronavirus pandemic and intensifying U.S.-China tensions weighed on investor sentiment.Spot gold surged 2% to US$1,940.96 per oz. by 11:15 a.m. EDT. Earlier in the day, the spot price set an all-time high by trading at US$1,945.10 per ounce, topping the previous high set in September 2011.Gold fut...Read More

88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesGold's rise has been well-reported but to refresh it is all about a combination of falling U.S. interest rates, and...Read More

A wave of new mines in the pipeline on Chile's Maricunga gold belt are advancing towards construction just as the price of the precious metal hits its highest level in almost a decade.Gold Fields (NYSE: GFI), Kinross Gold (TSX: K; NYSE: KGC), Rio2 (TSXV: RIO; US-OTC: RIOFF) and Kingsgate Consolidated (ASX: KNC) of Australia are all pushing projects that could enter production by the middle of the...Read More

As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming from - and where it's falling.The review shows that as uncertainty around the Covid-19 pandemic has boosted investor demand for gold in some regions, the rising price has made the yellow metal more expensive in local curren...Read More

Golden Star Resources (TSX: GSC; NYSE-AM: GSS) has announced it will sell its 90% stake in the Bogoso-Prestea gold mine in southwestern Ghana to Future Global Resources for US$55 million and contingent payments of up to another US$40 million.The mine is 40 km from Golden Star's Wassa gold mine, and the sale will allow the company to accelerate the growth and development of its Wassa's resource bas...Read More

Iamgold (TSX IMG; NYSE: IAG) has resumed operations at its Rosebel gold mine in Suriname, which was shut down in June after union leaders asked their members to put down their tools in response to workers testing positive for the coronavirus.The Toronto-based miner said operations resumed on July 24 after it received confirmation and advice from the country's Covid-19 outbreak management team that...Read More

Lynas (ASX: LYC) has signed a contract with the U.S. Department of Defense to start design work for a heavy rare earth element (HREE) separation facility in Texas.The facility would process heavy rare earths from the company's Mt. Weld mine in Western Australia.In April, the Pentagon awarded Lynas and privately held MP Materials funding for rare earths separation facilities in Texas and California...Read More

Teranga Gold (TSX: TGZ; US-OTC: TGCDF) has released a prefeasibility study for its Sabodala-Massawa complex in Senegal that shows the project is a "top tier mine" asset, the company says.The Toronto-based miner bought Massawa from Barrick Gold (TSX: ABX; NYSE: GOLD) in December 2019. After completing the US$380 million-acquisition earlier this year, Teranga began integrating the asset with its fla...Read More

On Tesla's second quarter conference call last week, Elon Musk entreated the industry to: "Please mine more nickel - Tesla will give you a giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way."Musk's comments couldn't have come at a better time for Mark Selby, president and CEO of Canada Nickel (TSXV: CNC), which owns 100% of the Crawford...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesJetti's patented technology makes it possible to extract copper from low-grade primary sulphides, such as chalcopyrite, using a catalytic technology which disrupts the sulphur metal bond of theRead More

With gold hitting all-time highs (in U.S. dollars) today there is a lot of upside left in what I believe will be a generational opportunity to increase your wealth. That also means that several sectors and opportunities are being overlooked as everyone pivots to the flavor of the month.Here at the Outsider Club, we pride ourselves on finding hidden gems (pun intended) in the space that present com...Read More

Local indigenous groups oppose the project.Read full newsRead More

Mark Mobius, an emerging-markets investing pioneer, shared his view on gold in a Friday interview with Bloomberg TV as the asset is the asset is set to mark...Read full newsRead More

Mark Mobius, an emerging-markets investing pioneer, shared his view on gold in a Friday interview with Bloomberg TV as the asset is the asset is set to mark...Read full newsRead More

China's crude oil imports from Saudi Arabia rose 15% in June from a year ago, as refiners ordered record volumes of the fuel in March and April when oil prices tumbled, cementing the kingdom's position as the top oil supplier to China.Read full newsRead More

Gold is receiving support from the coronavirus spike, ultra-low interest rates, a weak dollar and other factors.Read full newsRead More

(IDEX Online) - De Beers is embarking on a huge modernization program that will affect all aspects of the business, CEO Bruce Cleaver said in a letter to staff.The move, in response to the COVID-19 pandemic, will include reviewing the way it sells rough stones, according to a report on the Bloomberg news website.It raises the possibility that the company's long-held tradition of holding Sight...Read More