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
This is a financial newsletter and not a political service. At the same time, it's the case that the financial and political worlds are becoming more closely entwined to the point that it's almost impossible to treat them separately.That's why we have to keep a close eye on political developments. They can have a major impact on your investments.For better or worse, the U.S. 2024 presidential elec...Read More
Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpAccording to reports in Blomberg News, citing sources close to the matter, JSW is considering a bid for up to 20% of Teck's steel...Read More
Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Catalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdNavigating the ESG Compliance LandscapeSPONSOREDThe company said mine site infrastructure at its gold mine remains intact, including the construction camp, process plant ar...Read More
"The early repayment, representing approximately 7% of Ma'aden's consolidated debt, is a strategic move aimed at reducing finance costs and is part of the company's deleveraging strategy," Ma'adenRead More
Rainbow said the memorandum of understanding sets out a potential collaboration to jointly develop a process to extract rare earth elements from phosphogypsum tailings, ahead of a preliminary economicRead More
Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpBefore COVID-19 slowed global growth to a crawl, and sent it into reverse in some countries, China was the world's engine room, s...Read More
(IDEX Online) - Police officers patrolling a beach came to the rescue after a man lost the engagement ring he was about to present to his girlfriend.It fell out of his pocket at Myrtle Beach, South Carolina, USA, as he prepared to get down on one knee and pop the question.The unnamed man flagged down a passing police officer, who called in colleagues, including a police dog, to help search the san...Read More
According to reports in Blomberg News, citing sources close to the matter, JSW is considering a bid for up to 20% of Teck's steelmaking coal business.Read More
(IDEX Online) - Botswana's President Mokgweetsi Masisi says the new De Beers deal will make his country "truly the global capital of diamonds for the first time".In an interview with Bloomberg TV he welcomed the sales and mining agreements thrashed out two weeks ago."We're very happy with the outcome. It could have been better but you know with a partnership you've always got to giv...Read More
(IDEX Online) - The Tel Aviv Museum of Art has pulled out of hosting a conference on Holocaust restitution organized by Christie's, in protest at its sale in May of almost $200m of jewelry belonging to Heidi Horten, widow of a Nazi party member.The British auction house provoked anger with its sale of over 700 items owned by the late Austrian heiress. Her first husband Helmut Horten, bui...Read More
Many others have explained why inflation is part-and-parcel of the status quo. In the simplest terms, where’s why inflation is essential:1. Our economy and financial system are totally dependent on the expansion of credit/debt. Banks make money by issuing new loans, and financiers make money by buying and selling debt and instruments that leverage debt.Consumers can only buy big-ticket items...Read More
(IDEX Online) - Police are hunting three robbers, believed to be armed, who used sledgehammers to smash display cases at a jewelry store in Charlotte, North Carolina, USA.They entered Fink's Jewelers, in Birkdale Village, at lunchtime last Tuesday (11 July) wearing hooded sweatshirts and full-face mask and ordered staff to one part of the store while they stole jewelry. Nobody was hurt in the...Read More
Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpNo bids have been lodged and FMG is fiercely expensive even with the uncertainties around Chinese iron ore demand and FMG's opaqu...Read More
Vladimir Putin's once-ironclad grip on Russia has been badly undermined by his ill-conceived and mismanaged invasion of Ukraine.He was embarrassed badly by a renegade group of mercenaries who marched on Moscow, and the guy who led the attempted coup has yet to face any real consequences. A Russian submarine commander was gunned down as he jogged through a park in a clear-cut case of retaliatory as...Read More
Aris deployed the partnership model it uses at its Segovia Operations in Antioquia to Marmato, which included giving them levels 16 and 17 of the existing Marmato mine, formalising them, helping themRead More
Gold production The gold production is up 6% quarter-on-quarter, primarily due to a return to throughput levels at its Carlin mine in Nevada, US, following significant maintenance in the first fourRead More
Las Bambas has experienced a succession of community protests against it since it opened in 2016, and the column of trucks that transport its concentrates to port.Read More
Navigating the ESG Compliance LandscapeSPONSOREDCatalyst to lock up Plutonic goldbeltSPONSOREDcatalyst metals ltdCollective Mining eyes repeat success in ColombiaSPONSOREDcollective mining Reunion aims to put Guyana back on the map with Oko WestSPONSOREDreunion gold corpJeffries maintained a buy rating on the Swiss commodities giant Glencore as it noted "significant shareholder value" to be unlock...Read More
The development of a new US$280 million underground mine will provide access to the wider porphyry mineralisation below the existing small-scale Upper Mine at Marmato, allowing for bulk mining and theRead More
This is the latest in a series of court cases and refers to whether or not Vale should be jointly liable for any damages when the case is heard in the High Court in October 2024, given that SamarcoRead More