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

Shares in Firestone have plummeted from 56.5p in November 2016 to just 0.30p on Tuesday, as lower than expected diamond prices saw the company struggle to pay down debt.Read More

The A3c/share interim dividend was declared after the drilling business generated $7 million in operating cashflow from group revenue that increased 8% to $81.5 million.Read More

(IDEX Online) - Authorities in Angola have seized 6,579 carats of rough diamonds in a crackdown on illegal mining and immigration. Nineteen cars and $275,000 in cash were also confiscated, according to the government-run Angop news agency. Operation Transparency was aimed at more than 700 small diamond prospectors in the country. Two thirds were found not to meet the interior ministry's requ...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa has generated A$2.84-mllion in revenue from the sale of 1 223 ct of diamonds from its Lulo mine, in Angola.The ASX-listed company noted that its latest Lulo parcel had achieved an average price of A$2 324/ct.AdvertisementThe latest sale brought the total diamond sales for 2020 to A$7.9-million, averaging A$2 842/ct of diamonds sold.To watch Cre...Read More

(IDEX Online) - Another Hong Kong event has been forced to re-schedule because of the coronavirus outbreak. The 9th AEC Gems & Jewelry Presidents' Summit, originally scheduled for 3 March, will now take place on 19 May. It will form a part of two other Hong Kong shows, which have both been postponed amid health fears.   The Hong Kong International Diamond, Gem & Pearl Show 2020 (...Read More

(IDEX Online) - A parcel of 1,223 carats of alluvial diamonds from the Lulo mine, in Angola, has sold for $1.9 million. The Lucapa Diamond Company is exploring hard-rock kimberlite sources in the Canguige tributary catchment area, which hosts some of the world's most valuable alluvial diamonds. The sale, the second this year, achieved an average price of $1,535 per carat and brings the total...Read More

(IDEX Online) - Sales of fine jewelry and fine watches continued to rise in December 2019, increasing 4.7 percent compared to December 2018, as seen in the graph below. This marks the sixth successive month of positive sales and was also one of the strongest months of the year, with only September showing better performance.    Outlook While December's figures were a big improv...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesThe company acquired 70% of the Red Chris mine in British Columbia last year and is working on applying its Edge transformation approach to improve the performance of the high-cost, loss-making asset.Read More

This episode features excerpts from Cameco's Feb. 7, 2020, conference call. Cameco president and CEO Tim Gitzel discusses the fundamentals of the uranium market, spot market purchases, vision and strategy, ESG, the company's tax dispute with the CRA, and supply risk in the uranium market.All this and more with online editor and host Adrian Pocobelli.Music Credits:"Rattlesnake Railroad", "Big Weste...Read More

For the first time in a decade, there are no Canadian jurisdictions in the Fraser Institute's top 10 investment destinations, based on the 2019 annual survey of mining and exploration companies.Saskatchewan continues to be the most attractive Canadian investment jurisdiction, coming in at number 11, followed by Ontario, Quebec and B.C., ranked 16, 18 and 19, respectively. The institute's top-rank...Read More

Infill drilling at Corvus Gold's (TSX: KOR) Mother Lode deposit has intercepted high-grade mineralization over a broad area.Highlights include 88.4 metres of 1.92 grams gold per tonne and 56.4 metres of 1.92 grams gold: both of these holes targeted areas with limited drill data, intersecting better grades and geometries than suggested by the current resource model. The drill holes also expanded t...Read More

Aim-listed Firestone Diamonds’ share price on the LSE fell by more than 68% on Tuesday after it announced that it planned to delist from the Aim.A general meeting will be convened on March 13 for shareholders to vote on the proposed delisting. Seventy-five per cent of shareholders will need to vote in favour of the delisting.AdvertisementFirestone explained in a circular to shareholders that...Read More

Silver producer Excellon Resources (TSX: EXN) has announced plans to acquire developer Otis Gold (TSXV: OOO) in an all-share deal worth an estimated $32.3 million, based on recent closing stock prices.Excellon's main producing asset is the high-grade underground silver-lead-zinc Platosa mine in Mexico, whereas Otis holds the Kilgore gold project in Idaho. Based on a share exchange ratio of 0.23...Read More

After yesterday's 1,000-point drop in the Dow - which is strange to think of as only 3% - and today's drop looking like it'll settle around 750 to 800, we are in a tough place.But we aren't in completely uncharted territory.You can find plenty of articles around comparing the current coronavirus outbreak to past outbreaks, and I'd bet there are more of them than you'd remember.Here is a handy cond...Read More

India has clarified the nature of a gold discovery in Uttar Pradesh, after a gov...Read full newsRead More

Gold April reached a high of $1684.10 early morning (at New Zealand open). Silver march reached at high of $1879.50. Copper march fell to a low of $256.50. Crude oil fell to a low of $51.66. Early morning high (just after New Zealand open) can be fake or just stop loss hitting price moves. No doubt the trend for gold and silver is bullish. BUT still they have to break and trade over early mornin...Read More

Gold April reached a high of $1684.10 early morning (at New Zealand open). Silver march reached at high of $1879.50. Copper march fell to a low of $256.50. Crude oil fell to a low of $51.66. Early morning high (just after New Zealand open) can be fake or just stop loss hitting price moves. No doubt the trend for gold and silver is bullish. BUT still they have to break and trade over early mornin...Read More

NEW YORK, Feb.24, 2020(GLOBE NEWSWIRE) -- RYAH Medtech Inc. ("RYAH"), announced today that it is preparing for the launch of a patented,...Read full newsRead More

India has clarified the nature of a gold discovery in Uttar Pradesh, after a gov...Read full newsRead More

The number of coronavirus cases outside China are growingThe Dow was on the wrong side of history today, turning in a 1,031-point loss, its third-worst single-session drop ever. The blue-chip index has now given up its year-to-date gains in just one day, as COVID-19 continues to spread to more countries outside of China. The S&P 500 and Nasdaq turned in equally ugly setbacks, the latter sufferin...Read More