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

Mining companies and host governments have been urged to take a long-term view when investing in the natural resources sector in Africa.During a panel discussion at the 2020 Investing in African Mining Indaba on why investors should consider investing in Africa, Vedanta Resources CEO Srinivasan Venkatakrishnan (Venkat) highlighted the continent's "phenomenal potential" given its natu...Read More

(IDEX Online) - Lucara Diamond Corp. has recovered an unbroken 549-carat white diamond that it says is of "exceptional purity." The stone was recovered from the Karowe diamond mine in Botswana.The huge find follows the recent recovery of a gem-quality 176-carat stone from the same ore block - the EM/PK(S) unit of the South Lobe. It also delivered other high-value diamonds including the 1,758-carat...Read More

Diamond miner Lucara Diamond Corporation has recovered an unbroken 549 ct white diamond "of exceptional purity" from its Karowe mine, in Botswana.The diamond was recovered from direct milling of ore sourced from the EM/PK(S) unit of the South Lobe. This follows the recent recovery of a gem-quality 176 ct diamond from the same ore block.AdvertisementThe EM/PK(S) continues to produce large...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesWoodMac's best case scenario is that demand from this sector would be delayed to later this year. "As a result, we believe that there is now a significant downside risk to our forecast of 0.9% Chinese total copper consumption growth for 2020."China accounted for about 47% of the total global copper consumption in 2019.Artemis all s...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe copper-zinc project has a measured and indicated 17.26 million tonne resource at 2.61% copper-equivalent and a 10.71Mt inferred resource at 1.67% Cu-eq. Kutcho said metallurgical results last year had improved on the copper and zinc recoveries compared with a 2017 prefeasibility study and the silver recovery also improved....Read More

Lucara Diamond (TSX: LUC) has recovered a 549 carat diamond from its Karowe mine in Botswana.The mine - one of the world's most prolific producers of large and high-value type IIA diamonds - is the only diamond mine in recorded history to have produced two stones greater than 1,000 carats.Lucara said the unbroken 549 carat white diamond is the fourth-largest diamond found at Karowe and the first l...Read More

Malaysia is set to begin issuing bauxite mining licenses in early 2020, four years after it imposed a ban in response to environmental concerns.The Southeast Asian nation produced very little bauxite prior to 2014, but when Indonesia, China's biggest supplier, imposed a ban on exports of unprocessed minerals in January 2014, China turned to Malaysia to fill the bauxite gap.At the time, Indonesia w...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 financeSPONSOREDminexiaWhile the pace was certainly lively and the stamina of certain press members truly remarkable, the buzz around the city was more than enough...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 financeSPONSOREDminexiaLast week's ‘From the Capital' column recounted efforts by Tom Palmer, the head of leading gold miner Newmont Corporation, to broaden t...Read More

WoodMac's best case scenario is that demand from this sector would be delayed to later this year. "As a result, we believe that there is now a significant downside risk to our forecast of 0.Read More

CAPE TOWN – Angolan State-owned diamond mining company Endiama plans to sell as much as 30% of its shares in an initial public offering in 2022.The sale is part of a government plan to increase transparency in the diamond sector and bolster production, chairperson Jose Manuel Ganga Junior said in an interview in Cape Town. Angola is the world’s seventh-biggest diamond producer.Advertis...Read More

$5.7 billion...That's how much money Tesla (NASDAQ: TSLA) short sellers lost in just two days.To put that in perspective, that is more money than the Dallas Cowboys - America's most valuable sports team - are worth.On Monday, people betting against the electric car giant lost $3.1 billion. That same day, Elon Musk, the charismatic CEO of the company, made himself $4.4 billion.Tuesday was like a la...Read More

Adamera Minerals (TSXV:ADZ, OTC:DDNFF) Begins 2020 with Renewed OptimismRead full newsRead More

BEIJING - China's copper smelters will reduce output by more than 15% in February from last month due to the coronavirus outbreak, research house Antaike said, warning zinc production c...Read full newsRead More

BEIJING - China's copper smelters will reduce output by more than 15% in February from last month due to the coronavirus outbreak, research house Antaike said, warning zinc production c...Read full newsRead More

Starcore International Mines announces start of surface exploration drilling program of 3000m on the Santa Elena target in Quer?(C)taro MexicoRead full newsRead More

The Nasdaq hit a record high earlierU.S. stocks pulled together big wins across the board in today's trading. The Nasdaq nabbed an afternoon peak above 9,574, brushing off Tesla's (TSLA)worst daily loss since 2012. The Dow roared to an 483-point gain -- it's third straight win andbest single-session win since June 4 -- as blue chipsUnitedHealth (UNH) and IBM (IBM) both finished at or above 5% for...Read More

Burkina Faso's gold production probably fell slightly last year due partly ...Read full newsRead More

Short-term options players have been buying putsProduct developer Take-Two Interactive Software, Inc. (NASDAQ:TTWO) is down 5% this afternoon, last seen at $120.50, after the company last night announced the departure of Senior Executive Dan Houser. This comes just ahead of the video game maker's fiscal third-quarter earnings, which are due after the close tomorrow, Feb. 6. TTWO has struggled to...Read More

Intercontinental Exchange is rumored to be interested in buying eBayExchange operator Intercontinental Exchange Inc (NYSE:ICE) was in focus this morning, after a Wall Street Journal report indicated the company made a $30 billion bid to acquire e-commerce icon eBay (EBAY). Earlier today, news surfaced Intercontinental did manage to acquire loyalty program provider Bridge2 Solutions. In response,...Read More