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

Post lunar new year trading in iron ore resumes as coronavirus cases surpass 2002 SARS outbreak.Read full newsRead More

Earnings and coronavirus news are in focusDow Jones Industrial Average (DJI) futures are trading below fair value this morning despite a mostly strong round of corporate earnings, with blue chips Microsoft (MSFT) and Coca-Cola (KO) headlining the winners with their pre-market gains. On the bearish side, traders are monitoring a sharp post-earnings pullback in Facebook (FB) shares, while fellow tec...Read More

Verizon posted a profit miss Blue chip name and mobile provider Verizon Communications Inc. (NYSE:VZ) is set to slide lower today, down 1.3% before the open after stepping into the earnings confessional with mixed results. Specifically, the firm reported fourth-quarter revenue of $34.7 billion --which exceeded analysts' expectations -- and better-than-expected subscriber growth. However, its adjus...Read More

Disney will enter the earnings confessional on Tuesday Next week will check off another week of earnings season, with even more big names on the docket. Most notably will be blue chip and streaming service newcomer Walt Disney (DIS), while several big tech names including Alphabet (GOOG), Spotify (SPOT), Snap (SNAP), Uber (UBER), and Pinterest (PINS) will also undoubtedly be in the spotlight. On t...Read More

At a press conference following the Federal Open Market Committee's two-day meeting, chairman Jerome Powell said some of the uncertainties around trade were diminishing and there were some signs global growth may be stabilising."Nonetheless, uncertainties about the outlook remain, including those posed by the new coronavirus," he said.Most key market indices had closed slightly higher yesterday bu...Read More

Osisko Mining (TSX: OSK) has released results from the completed Discovery 1 diamond drill hole, the longest diamond drill hole drilled to date in Canada. This hole reached a length of 3,467 metres and targeted down-plunge extensions of the gold zones at Windfall, as well as the projected source of the deposit at depth.The most recent intersections of note from this drill hole include 96 metres of...Read More

A recent gravity survey completed at RNC Minerals' (TSX: RNX) Higginsville gold operation (HGO) has delineated a 5-km long prospective structure located north of the HGO mill. This structure appears to run sub-parallel to the major regional shears that control the gold distribution in the region."Although early-stage, our interpretation of the potential size of this new structure is an exciting d...Read More

The company changed name from 21C Metals mid-month to reflect its focus on its flagship East Bull project in Ontario, which has an inferred 523,000 ounce palladium-equivalent resource.Read More

The project proposal is the culmination of a process that has seen the company repeatedly sanctioned by environmental authorities related to the pellet plant and requiring the progressive reduction and eventual elimination of the deposition of tails in the sea, as it has done for the past 40 years, according to the company's 2018 annual report.In January 2018, the SMA environmental superintendent...Read More

"The reality is the sector remains unthawed. We haven't seen a whole lot of activity on the market. I think the utilities are waiting to see what happens next. "We're out of the Section 232 piece ...Read More

(IDEX Online) - With financing in the diamond industry increasingly tight, Russian banks could step in to inject some much needed funds into the market. Eximbank of Russia, which is part of the Russian Export Center Group, has issued its first loan to a diamond company. The loan agreement, which was underwritten by Exiar, provides for a 24-month revolving credit line in euros to Belgian compa...Read More

(IDEX Online) - The Responsible Jewellery Council (RJC) has released a revised version of its Chain of Custody (CoC) standard to all members to be certified for their silver supply chain.The voluntary standard already has certification in place for gold and platinum group metals.An updated version of the CoC standard will be available to members from 30 January."Our standard offers a tool for memb...Read More

(IDEX Online) - Swiss jeweler De Grisogono has filed for bankruptcy, putting 65 jobs at risk. The Swiss luxury jeweler is caught up in an alleged money-laundering scandal involving Angola's richest woman, Isabel dos Santos, and her husband, Sindika Dokolo.Dos Santos is the daughter of Angola's former president, Jos?? (C) Eduardo dos Santos, who ruled Angola for 38 years until 2017. She i...Read More

(IDEX Online) - The Plumb Club has appointed Michael O'Connor as marketing director. O'Connor, an industry veteran with over 35 years' experience in the industry, will be in charge of the organization's strategic marketing plan and initiatives.He has held positions as director of corporate marketing for Frederick Goldman, Inc., as well as senior vice-president for Platinum Guil...Read More

(IDEX Online) - Lucapa Diamond Company Limited has signed an agreement with Safdico International, a subsidiary of Graff International, to cut and polish a portion of rough diamonds from the Lulo alluvial mine. Safdico can purchase up to 60 percent of production from Sociedade Mineira Do Lulo (SML), which Lucapa operates and in which it holds a 40-percent share.Under the terms of the agreemen...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesOverall copper production is forecast to grow 20.5% through 2030 to 7.04 million tonnes a year, peaking in 2027 at 7.33Mt based on the portfolio of projects Cochilco maintains, while production from existing mines is forecast to fall 30% over the period to account for 4.08Mt in 2030. Lower grade, deposit exhaustion are the main rea...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesTotal copper production for the December quarter amounted to 80,900t, up 4% year on year but down 2.4% quarter on quarter, taking full year output to 311,400t - 4% ahead of guidance. KAZ said the slight quarter on quarter drop was "due to seasonal impact on oxide volumes and lower grades" at Aktogay, while higher grades were offset...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesIn a November 2018 report, RFC Ambrian declared the cupboard was bare for copper M&A, despite most copper miners having the financial capacity to deal and a desire to restock portfolios.Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesMarket indices, diversified mining equities and commodity prices sank at the start of this week amid concerns about the impact of the virus which originated in China, with the country accounting for about half of global demand for mined commodities. Artemis all set thanks to unique approachSPONSOREDartemis resourcesRBC's Tyler...Read More

In a January research note on battery raw materials, consultants Wood Mackenzie outlined the main themes to look for in 2020: The following is an edited version of the article. For more information visit www.woodmac.com.1. Key EV markets to start growing againIn 2019, the world's largest electric vehicle (EV) market contracted. According to the Chinese Automotive Manufacturers Association, NEV sal...Read More