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

Revenue amounted to US$51.3 million in Q4, up from US$36.3 million, as the average price per carat rose by 21% to US$1,713. The Lesotho and Botswana-focused player also increased the number of carats sold by 17% to 29,945, including four stones of greater than 100 carats."Following pressure on the prices for the larger high-quality diamonds seen during 2019, signs of improvement were noted in Dece...Read More

It had said 7 tonnes of gold was lost annually as a result of illegal mining, crime, theft and security at the mines, in its Facts and Figures 2019 pocketbook released at Mining Indaba earlier this month. The council renewed its pleas for action, outlined in January, ahead of today's State of the Nation Address and the annual national budget speech scheduled for February 26. "The South A...Read More

Share this articleVANCOUVER - Great Atlantic Resources Corp. [GR-TSXV] is pleased to announce that is has closed the second, third and final tranches of the non-brokered private placement previously announced on January 13, 2020 for gross proceeds of $790,000. The units of the financing are comprised of one common share at a price of $0.50 and a full share purchase warrant, which may be exercised...Read More

(IDEX Online) - As part of International Diamond Week Israel, a panel of experts discussed traceability and provenance in the supply chain to manufacturing and retail. The panel was moderated by Avi Krawitz, analyst and senior editor at Rapaport. Joining the discussion were Ernie Blom, president of the WFDB; Ofir Gur, head of Diamonds and Jewelry Administration at Israel's Ministry of Ec...Read More

(IDEX Online) - Gem Diamonds has announced that its revenue for Q4 2019 increased 41% to $51.3 million (Q3 2019: $36.3 million)The volume of diamonds sold increased 17 percent to 29,945 (Q3 2019: 25,631) while the average per-carat price increased by 21 percent to $1,713 per carat (Q3 2019: $1,417 per carat). That figure improved to $1,753 per carat for the first tender of 2020.During Q4 2019, Gem...Read More

London-listed Gem Diamonds says following pressure on prices for larger high-quality diamonds last year, signs of improvement have been noted since December.Diamond prices for smaller commercial-type diamonds also remained under pressure for most of last year, with polished inventory levels remaining high for the company, but Gem on Thursday noted that the prices of these goods had also improved i...Read More

(IDEX Online) - Despite the growing spread of coronavirus, the 65th Bangkok Gems and Jewelry Fair will still open on February 25. The show organizer, the Department of International Trade Promotion (DITP), has announced stringent security measures that will be in place to prevent the spread of the illness. These include thermal scanners and thermal guns at all entrances and exits with nurses...Read More

(IDEX Online) - Wuhan-based Kingold Jewelry, Inc., one of China's leading manufacturers and designers of 24-karat gold jewelry, ornaments and investment-oriented products, has said that it expects the current situation in China will have a "material impact" on its operations in the first quarter of 2020.In compliance with the government health emergency rules in place, Kingold has been tempor...Read More

Russian diamond miner Alrosa is gearing up the launch the ‘perfect shift’ project, aimed at improving performance and reducing downtime of the mining fleet at its Aikhal division.The company explains that its Aikhal division has started to look into organisational changes required for the mine’s efficiency improvement initiatives back in late 2019. To adapt the ‘perfect shi...Read More

Talisker Resources (CNSX: TSK; US-OTC: TSKFF) only listed on the Canadian Stock Exchange last April, but the junior holds more than 70% of the up-and-coming Spences Bridge belt in southwestern British Columbia.Talisker is a spinout of South America-focused explorer Sable Resources, which staked the Spences Bridge belt claims in B.C. in just one day in September 2018.Matt Filgate, a senior geologis...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaGold's backers have a seemingly never-ending list of reasons to buy the metal. It protects against inflation and the economic failure accompa...Read More

This is an edited summary from the World Gold Council, based on its "Gold Demand Trends Full Year and Q4 2019" report. To access the report, visit www.gold.org.Gold demand fell 1% in 2019 as a huge rise in investment flows into ETFs and similar products was matched by the price-driven slump in consumer demand.It was a year of two distinct halves: resilience and growth across most sectors in the fi...Read More

Barrick Gold (TSX: ABX; NYSE: GOLD) posted a better-than-expected quarterly profit and rewarded investors with a 40% dividend increase, thanks to strong gold prices.The world's second-largest gold producer reported adjusted net earnings in the three months to December of US$300 million, or US17 ? a share, up from US$264 million and US15 ? recorded in the third quarter. Analysts' average estimate f...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe DNR said a January Minnesota Court of Appeals decision could affect future mining proposals, the state's currently operating iron mines, and a wide range of other state permit decisions, calling the ruling, "a significant departure from the DNR's long-standing application of state mining law".Glencore-backed PolyMet filed a sim...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesLlurimagua is a joint venture between Enami (51%) and Chile's state copper company Codelco (49%), however, despite the partners structuring an agreement in late 2019, Enami has yet to legally form the JV company as the Enami board has yet to sign the agreements.Advancement of the project has also been impacted by allegations of var...Read More

The DNR said a January Minnesota Court of Appeals decision could affect future mining proposals, the state's currently operating iron mines, and a wide range of other state permit decisions, calling the ruling, "a significant departure from the DNR's long-standing application of state mining law".Glencore-backed PolyMet filed a similar petition with the Supreme Court seeking to overturn the Court...Read More

Imagination Park Technologies (CSE: IP-OTC: IPNFF) CEO Alen Paul Silverrstieen and Senior Advisor to the CEO Mike Tunnicliffe joined Steve Darling from Proac...Read full newsRead More

Global manufacturers are waiting till end February to decide on their outsourcing strategy. If there is supply disruptions from China from March onwards then they will look to India and other Asian nations for their supplies. US economic numbers are not affecting gold price. Trend of all metals and energies on or after 18th February will be the key. China will fully reopen by then. There will be...Read More

Global manufacturers are waiting till end February to decide on their outsourcing strategy. If there is supply disruptions from China from March onwards then they will look to India and other Asian nations for their supplies. US economic numbers are not affecting gold price. Trend of all metals and energies on or after 18th February will be the key. China will fully reopen by then. There will be...Read More

Gungnir Resources Inc. provides an update on preliminary exploration plans for Sweden in 2020 and drill testing for three properties.Read full newsRead More