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

While recognising that flow-through financing, a tax-based financing incentive mechanism which allows companies to raise money at a premium to their share price, has and will continue to be a majorRead More

A surprisingly fast recovery in iron ore production by Vale, combined with increasing supply from China, and a possible rise in India, could combine to push iron ore prices downward in 2020 fromRead More

(IDEX Online) - HRD Antwerp has hired Ellen Joncheere as its new CEO. The appointment is effective immediately. Interim CEO Michel Janssens will be retiring next summer. Joncheere was formerly general manager at Fremach, a plastic automotive components supplier. She has also worked in the environmental services sector. HRD Antwerp said in a release that the new CEO plans to help the orga...Read More

(IDEX Online) - There are rumors that De Beers could be considering changes to its Sightholder system. According to Bloomberg, De Beers has hinted that it could reduce the number of Sightholders to help strengthen business for the companies that survive the shake up. Bloomberg said that De Beers' clients have been told to expect an update on possible contract changes at this week's...Read More

(IDEX Online) - Chow Tai Fook Jewellery Group Limited has acquired Enzo Jewelry Inc. The retailer, which specializes in colored gemstones, has 60 points of sale in Mainland China.Adrian Cheng, executive director of Chow Tai Fook Jewellery Group, said Enzo will continue its niche position as a natural coloured gem specialist, which will complement the group's multi-brand strategy. Founded...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSerengeti said yesterday it was set to increase its ownership to 67% of Kwanika Copper Corp by sole-funding 2020 exploration at Kwanika, with Korea's POSCO International electing "not to participate"Read More

Production in the fourth quarter at TMAC Resources' (TSX: TMR) struggling Hope Bay mine in Nunavut were at the low end of expectations, and the company has begun a strategic review process.The deferral of mining in the BTD East Limb due to rehabilitation work, which impacted available grade, was the biggest factor in the company's weak quarterly production results of 24,650 oz. gold, TMAC said.Dis...Read More

Anglo American (LON: AAL) is expanding into fertilizers after agreeing to acquire Sirius Minerals (LON: SXX), the British junior struggling to build a huge fertilizer mine beneath a national park, for ?405 million (US$527 million).As part of the deal, Sirius shareholders will receive 5.5 pence per share in cash, a 34.1% premium to the closing price on Jan. 7, which was the day before Anglo confir...Read More

New York-based ARK Investment Management forecasts sales of electric vehicles will reach 37 million units in 2024.ARK, which focuses on disruptive technologies, said EV sales in 2019 hit about 2 million units, up from 1.45 million units in 2018."EV sales are expected to grow significantly during the next five years," ARK says in a research report, despite "an estimated 3.1 million drop in total au...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 financeSPONSOREDminexiaThe China-US trade-war truce unveiled last week was a well-flagged event and, while the devil will be in the detail, it was an unquestionably...Read More

Mincon is Lehti's biggest customer, accounting for €9 million of the company's €13 million revenue in 2019. Lehti generated €2.2 million of EBITDA in 2019.Read More

Sierra Leone President Julius Maada Wonie Bio will attend the 2020 iteration of the Investing in African Mining Indaba, which takes place in Cape Town from February 3 to 6.Bio was elected as the fifth President of Sierra Leone in May 2018 and is popularly referred to as the “Father of Democracy” because of his contribution towards the restoration of democracy and attainment of peace in...Read More

Jan 16, 2020 (GoldStocks.com via COMTEX) -- One of the most remarkable things in the world of finance in recent yearshas been the rally in gold over the...Read full newsRead More

Key market indices closed higher at the end of last week after the US and China signed the long-awaited phase one trade deal, ending 18 months of market tumult.The palladium price achieved a new record, breaking through the US$2,500 an ounce mark on Friday as demand continues for the metal used in autocatalysts. It was back around $2,300/oz on the spot market this morning.Its gains follow rhodium'...Read More

(IDEX Online) - Rio Tinto has announced its Q4 and full-year figures for 2019 with production at both the Argyle and Diavik mines down 8 percent over 2018. The miner said these results were due to lower recovered grade at Argyle, which was partially offset by stronger mining and processing rates. At Diavik, the drop was due to lower ore availability and grade from the underground operations....Read More

(IDEX Online) - GIA (Gemological Institute of America) has announced that it is suspending its diamond sealing services. The suspension is effective immediately and comes following the discovery that "a small number" of GIA sealing packets that had been compromised by third parties after the sealing packets left GIA. The Institute said that in these cases, the original diamonds had been repla...Read More

(IDEX Online) - Industry charity Jewelers for Children (JFC) will honor Virginia "Gina" Drosos, CEO of Signet Jewelers, Ltd. and Mercedes Abramo, president and CEO of Cartier North America at the 22nd edition of its annual Facets of Hope event in Las Vegas. Drosos was appointed Signet CEO in July 2017 and has served as a director of Signet's boardsince 2012. She serves on the Board of Ak...Read More

(IDEX Online) - Alrosa has announced that it has started test drilling at the Mir kimberlite pipe. The move is part of its strategic investment plan. Mining at the Mir underground mine was suspended in 2017.Under the current feasibility study, the miner will start searching the kimberlite pipe at a depth of 1,200-1,600 meters below the surface. This will help to define more precisely the pipe'...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resources"We will do more than 7,000m of mostly infill drilling at La Plata and start the permitting process this year. It will take about 18 months and cost about US$10 million," he said.Read More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More