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
Rio estimates of the $1 billion awarded, $618 million was spent with Pilbara-based businesses and a record $504 million was spent with Indigenous businesses.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 LandscapeSPONSOREDIron ore prices are riding high, lifted by possible stimulus in China for the still-struggling property sector and oth...Read More
It's not capitalism. It's not socialism. The new word we are hearing these days is the right word: corporatism.That refers to the merger of industry and state into a unit with the purpose of achieving some grand visionary end, the liberty of individuals be damned. The word itself predates its successor, which is fascism.But the "F" word has become totally incomprehensible and useless through misus...Read More
In June alone, the company released 51.8m grading 1.79gpt and 102.2m grading 2.Read More
Share this articleVANCOUVER - Solis Minerals Ltd.'s [SLMN-TSXV; SLMFF-OTC; SLM-ASX; 08W-FSE] drill rig has been mobilized and has commenced the company's maiden drilling program at the flagship Jaguar lithium project, Brazil. Drilling commenced on June 22, 22 days after signing of the option agreement over the Jaguar project.Executive director Matt Boyes commented: "We are delighted to announce th...Read More
"The American system of government is in jeopardy if we don't do something about it."This is the constant moan, the constant bellyaching issuing from various shades of the political spectrum.The moaning and bellyaching of the right side of the political divide intensifies when the left side of the political divide runs things and vice versa.But perhaps they are both mistaken. Perhaps the America...Read More
The ratings agency trimmed its copper price forecast for 2023 to US$8,600/t, from 8,800/t. Fitch said the cut reflected "weaker year-to-date pricing due to softer economic sentiment".Read More
(IDEX Online) - Gemfields yesterday reported a 17 per cent increase in revenue at its latest auction of rubies, amid what it described as a "significant rebound in market prices".The UK-based colored gems miner sold $80.4m of mixed-quality rough at a series of online and physical auctions in Bangkok earlier this month, up from $66.8m last December."The ruby market is clearly firing on all 12 cylin...Read More
The hedge fund Elliott Associates, and the trader and market maker Jane Street Global, are suing the LME over cancelled nickel trades, seeking a combined $472 million in damages The LME closed theRead More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe mill expansion will take processing capacity from the current rate of 13 million tonnes p...Read More
Happy Thursday to you from a lovely Asti!"What's mine is mine, and what's yours is mine!" is a fun little reminder my mother used to lob at my father.I remember bristling at it when I was a kid, not because my mother was in any way mean-spirited about it or even because my father was resigned to it. But as an only child, that meant I'd have to share one day.To this day, I buy my wife a separate po...Read More
Mitsubishi, which has a portfolio of copper investments in the region, including the Escondida, Los Pelambres, Antamina, Los Bronces and Quellaveco mines in Chile and Peru, typically invests at theRead More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe preferential purchase tax policy for new energy vehicles is being extended to the end of...Read More
The company currently has US$25 million in cash and with a $2.5 million monthly burn rate will evaluate its financing options towards year-end. "Equity is not attractive where we are trading (C$5.Read More
In return for spending at least $25 million on exploration over the next four years, De Grey will earn a 50% interest in Novo's 1034sq.km Egina project that sits along trend from De Grey's 11.Read More
Wanted: new mining jurisdictions to help achieve net-zeroSPONSOREDsaudi ministry of industry and mineral resourcesSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesThe hedge fund Elliott Associates, and the trader and market maker Jane Street Global, are su...Read More
Volante said next-generation battery chemistries, such as LMFP and NCM, feature manganese with up to two-thirds of the volume.Read More
I've warned repeatedly about the dangers that central bank digital currencies (CBDCs) pose to personal liberties.I've warned how they would allow governments to monitor every transaction you make, which basically means a surveillance state.This facilitates the creation of a social credit system that allows governments to punish those who engage in unapproved activity such as buying guns, donating...Read More
A panel discussion focused on the 30D and 45X tax credits available under the Internal Revenue Code.Read More
(IDEX Online) - US rapper Pharrell Williams has been showing off his SECOND pair of Tiffany & Co diamond-encrusted sunglasses.The 50-year-old multiple Grammy Award wore his first custom made pair - an almond-shaped frame with two emeralds and 61 round diamonds, weighing more than 25 carats - at Paris Fashion Week last January.At the time he joked: "Tiffany and I are engaged," and said the sung...Read More