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
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThis panel discussion took place at Mining Journal Select London in March 2023, and featured a conversation between:SRK vi...Read More
With a 12-year investment horizon, the company is getting close to completing the investment cycle of its first fund and paying out to investors.Read More
Ever since they set foot on Ukrainian soil last year, Russian forces have been met with failure after failure after failure.And despite the monumental effort by its sprawling propaganda apparatus to paint as rosy a picture as possible, there's no masking Russia's massive losses.Depending on who you ask, Russia has suffered 100,000-200,000 casualties. And roughly a million people have fled the coun...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAfter four years in the making, including much lobbying by the mining sector which successfully chipped away at the royalt...Read More
Share this article VANCOUVER - Guanajuato Silver Company Ltd. [GSVR-TSXV, AQUIS; GSVRF-OTCQX] reported recent drill results from the 100%-owned San Ignacio mine in Guanajuato, Mexico, and the Topia mine in Durango, Mexico.San Ignacio: The 2023 exploration program is focused on extending mineralization from what have historically been the most productive vein systems at San Ignacio, namely the Mel...Read More
"Every good tree bringeth forth good fruit," says Matthew "but a corrupt tree bringeth forth evil fruit."Today we are in transit. We lift our siege of Jekyll Island, Georgia... and take to the aerial ways.Our destination is the Maryland city of Annapolis, by way of the Baltimore-Washington International Airport.Yet before we take wing, we lower our ax upon the root of America's corrupt money tre...Read More
(IDEX Online) - Blackstone, the world's largest alternative asset manager, is reportedly poised to buy IGI (International Gemological Institute) in a deal worth up to $550m.Fosun International Ltd, one of the first enterprises in China to develop overseas markets, bought an 80 per cent stake in the network of 20 grading labs and 14 gemology schools back in September 2018 for $108.8m.Roland Lo...Read More
Trident Royalties, which has a royalty on the project, today said it is encouraged by the developments at Thacker Pass, which is the largest lithium deposit in the US.Read More
Addressing the 2023 Tesla Shareholder Meeting, Musk said that changes to to the cars electrical systems could cut copper usage, although the numbers quoted were somewhat ambiguous.Read More
Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAnnouncing the second tranche of grants under the Critical Minerals Development Program this morning, resources minister Madeleine King said th...Read More
(IDEX Online) - Alrosa yesterday announced the appointment of Pavel Marynichev as its new CEO.He replaces Sergey Ivanov, who was sanctioned by the US, together with his father, after Russia invaded Ukraine last February.Ivanov, who was due to serve until 2025, is stepping down early after six years at the helm. He told Kommersant, the politics and business newspaper that he'd focus on high-te...Read More
The Brazilian Environmental Department (Inea) reported that the vessel has been stranded for a week, with thousands of tonnes of CSN's product on board, destined for Singapore.Read More
Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe attack happened 1km underground taking the life of a worker and security guard, with at least four police officers injured, reported local...Read More
Marimaca now hosts a measured and indicated resource of 200.3Mt grading 0.45% copper for 900,000t of contained copper, with an inferred resource of 37.3Mt grading 0.38% copper for 141,000t of copper.Read More
Good morning from Jacksonville International Airport, where I'm waiting for my flight to Atlanta. And from there, I'll fly all the way to Milan.What a wonderful time it's been here! I got to meet most of my colleagues, who are some of the best people I know.We've closed the bar down in the Jekyll Island Resort Club every night. Brian Maher, the venerable editor of the Daily Reckoning, has been ins...Read More
(IDEX Online) - The ultra-rare 11.16-carat pear-shaped Bulgari Laguna Blu - certified as the highest grade blue diamond ever by the GIA - was auctioned for just over $25m at Sotheby's Geneva on Tuesday.It became the most valuable gem ever to be sold by Bulgari, after a four-minute bidding war between three parties on the phone and one in the showroom.It was the highest price paid in the Magni...Read More
Canada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesMining Journal Select London 2023 SPONSOREDThe Brazilian Environmental Department (Inea) reported that the vessel has been stranded for a week, with thousands of tonnes of...Read More
Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelWestern Australian iron ore miner Fenix Resources has opportunistically generated an outstanding return on its invested capital through small-s...Read More
Real estate has traditionally been regarded as a safe and lucrative investment. However, according to a new Gallup poll, economic uncertainties, sky-high property prices, maintenance costs, and lingering fallout from COVID have put a dent in its shiny reputation. The new poll shows that 35% of Americans name real estate as the best long-term investment when given options including bonds, savings...Read More
Mining Journal Select London 2023 SPONSOREDVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickel"We met production guidance whilst making significant progress with our new mines in accordance with our Read More