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

The Brisbane-based company is seeking to raise at least A$5 million and up to $7.5 million via the issue of 25c shares.Shaw and Partners is lead manager to the offer.The offer is scheduled to close on November 29, which would see Macarthur list on the ASX before the end of 2019.In connection with the offer, shareholders in Brisbane today approved a one-for-four share consolidation.Macarthur tried...Read More

On IGO's numbers, the implied offer price is A47.6c per Panoramic share.Read More

Fluor shares (FLR) were up 15% in New York, having shed nearly 43% of their value in the year to date. The company is current capitalised at about $2.6 billion, 30% of what it was worth early last year."Although the company has suspended guidance for 2019, we anticipate margins for the fourth quarter to be 4-5% for Energy & Chemicals, approximately 2% for Mining & Industrial, approximately...Read More

(IDEX Online) - Christie's New York has become embroiled in a dispute over the sale of a $40 million pink diamond known as The Princie Diamond. The diamond was sold by a member of the Qatari royal family in 2013.A lawsuit by Amedeo Angiolillo claims that the auction house sold the diamond despite his objections. As reported by The Telegraph, Christie's said that not only does Angiol...Read More

(IDEX Online) - Platinum Guild International (PGI) will host an e-commerce platform to create a destination for consumers looking to buy platinum jewelry. "The intent of this platform is to give designers an opportunity to share their platinum pieces directly with consumers, whom we know are interested in purchasing online," said Jenny Luker, PGI-USA's president. "By creating a dest...Read More

Polymetal building with good momentumSPONSOREDpolymetal internationalDrilling in Q3 revealed two mineral finds: a gold-copper occurrence comprising three targets, known as Avshancli, and a gold-hosting quartz vein named Gilar.Read More

Poster South Africa mine regeneration on trackSPONSOREDorion mineralsThe company is aiming to start copper production this quarter at its Gunnison in-situ recovery project in Arizona, which is permitted to produce 125 million pounds annually of copper cathode.Read More

IronRidge derisks through diverse discoveries SPONSOREDironridge resources Nordic Mining prepares for lift-offSPONSOREDnordic miningAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftPolymetal building with good momentumSPONSOREDpolymetal internationalBHP, Rio Tinto and the mineral sands miner, Iluka, have all made significant "discoveries" by taking a closer l...Read More

The U.S. District Court for Arizona has turned down Hudbay Minerals' (TSX: HBM; NYSE: HBM) request that it reconsider its ruling in July that prevents the company from developing its Rosemont copper mine in the state.In October, U.S. District Court Judge James Soto said there was no reason to reconsider the earlier court ruling that challenged and overturned the U.S. Forest Services' approval of t...Read More

Last month, Advantage Lithium (TSXV: AAL) released the results of a prefeasibility study on its 75%- owned Cauchari project in northern Argentina's Jujuy province.The prefeasibility outlined an operation producing an estimated 25,000 tonnes per year of battery-grade lithium carbonate over a 30-year mine life.Pre-production capital is estimated at US$446 million, including a 20% contingency. Stea...Read More

Anaconda Mining (TSX: ANX; US-OTC: ANXGF) has updated the mineral resource at its wholly owned Goldboro gold project in Nova Scotia.Measured and indicated resources now stand at 4.1 million tonnes grading 5.3 grams gold per tonne for 698,600 contained oz. gold. Inferred resources add 3 million tonnes grading 7.09 grams gold per tonne for 685,100 contained oz. gold.The updated resource represents a...Read More

De Beers is taking more drastic steps to stem the crisis in the diamond industry by cutting prices across the board for the first time in years.The company, the world’s biggest diamond producer, lowered prices by about 5% at its November sale, according to people familiar with the matter, who asked not to be identified as the information is private.AdvertisementThe move is aimed at helping i...Read More

I'm in beautiful New Orleans for the 2019 New Orleans Investment Conference.The conference is my personal favorite. Brien Lundin and his team have once again outdone themselves with a stellar lineup that includes Danielle DiMartino Booth, Brent Cook, Mickey Fulp, Rick Rule, and Outsider Club founder Nick Hodge.The conference is a great way to kick the tires on new companies, check in on companies...Read More

Australian nickel miner Independence Group on Monday made a A$312 million ($215....Read full newsRead More

VANCOUVER, Oct. 30, 2019 /PRNewswire/ - Equinox Gold Corp. (TSX-V: EQX, NYSE American: EQX) (Read full newsRead More

VANCOUVER, Oct. 30, 2019 /PRNewswire/ - Equinox Gold Corp. (TSX-V: EQX, NYSE American: EQX) (Read full newsRead More

(IDEX Online) - The IDEX Polished Diamond Price Index showed a little movement in October, with prices rising slightly between the beginning and end of the month. The Index began the month at 120.40 and ended it at 120.97, rising less than 0.5%. Read More

(IDEX Online) - The Diamond Producers Association (DPA) has announced the appointment of Raluca Anghel as its Head of External Affairs and Industry Relations.In this new position, Anghel will be in charge of leading the development and implementation of the DPA's external engagement strategy.She previously held positions with Microsoft Europe and more recently with the European Parliament.The...Read More

(IDEX Online) - An Alrosa international auction for special size rough diamonds (weighing over 10.8 carats) held in Dubai realized over $7 million. The miner said it sold 112 large rough diamonds with a total weight of 1,740 carats."In Dubai, we sold 75% of auctioned rough diamonds," said Evgeny Agureev, deputy CEO of ALROSA"This is a good result at the time when tough market is still having an im...Read More

(IDEX Online) - The processing plant at Firestone Diamonds' Liqhobong Mine in Lesotho is operating again after the installation of temporary generators. The generators were brought in when the grid power supply to the mine was cut because of a planned shutdown at the Muela hydropower stationFirestone said the processing plant is operating at between 80-90-percent of full capacity. The ge...Read More