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 court found the former head of the government inspection body had been actively involved in anti-Amulsar activities prior to his federal appointment which raised reasonable doubts about his objectivity. The court ruled Artur Grigoryan failed to recuse himself from considering the matter when required to do so and declared his directive invalid."This ruling is yet another confirmation that unla...Read More
I remember the first time I noticed "The Claw"...I had trekked with my wife and kids to our "country club", which is shorthand for a simple pool membership. I'm not that fancy, believe me.It was a beautiful day. Kids were splashing, lifeguards were twirling their whistles, and parents were drinking in the sun - soaking it all in.But I couldn't help but notice that the parents weren't drinking beer...Read More
Industry experts discuss trends in battery metals markets amid emerging EV technology.Moderator: Frik Els, executive editor, MINING.com Panelists (from left): Ryan Castilloux, managing director, Adamas Intelligence; Guy Bourassa, president and CEO, Nemaska Lithium; Andrew Miller, head of price assessments, Benchmark Mineral Intelligence; and Trent Mell, president and CEO, First Cobalt.Read More
Investors are preferring stock over gold. This has resulted in the correction and not a bear rally. Bear rally will be there if gold does not break $1466 by 15th November. I will prefer to remain on the sidelines in gold today. I will still prefer to use crashes of $100 and more in silver (if any) to invest for the long term. Day traders have to remain on the sidelines in silver. Trump impeachme...Read More
Investors are preferring stock over gold. This has resulted in the correction and not a bear rally. Bear rally will be there if gold does not break $1466 by 15th November. I will prefer to remain on the sidelines in gold today. I will still prefer to use crashes of $100 and more in silver (if any) to invest for the long term. Day traders have to remain on the sidelines in silver. Trump impeachme...Read More
A 0.3% contraction in retail sales for September overshadowed several impressive earnings reports The Dow ended slightly lower today, as a surprise 0.3% drop in retail sales for September -- the first dip in seven months -- managed to dampen a relatively solid day of earnings. Re-emerging fears over the U.S.-China trade conflict had markets in a slump today, too, asnews reports cast doubt on China...Read More
Morgan Stanley slashed its price targets on NOW and WORKThe U.S. stock market is making modest moves this afternoon, quiet after Monday's massive gains on weak retail sales data. Some individual names are making big moves, though, including software stocks Workday Inc (NASDAQ:WDAY), ServiceNow Inc (NYSE:NOW), and Slack Technologies Inc (NYSE:WORK). Here's a quick roundup of what's moving the share...Read More
The strides to produce ecological gold by this jewelry veteran are met with the stocking of 13-pieces at Bergdorf Goodman, launching this week.Read full newsRead More
The two sides have reached a deal after a month-long strikeGeneral Motors Company (NYSE:GM) is in focus today, after the car maker reached a tentative deal with the United Auto Workers (UAW) union. The four-year labor deal could end a month-long strike of roughly 48,000 hourly workers. GM stock is up 2% to trade at $36.98 in response, but some options traders aren't as optimistic. With around one...Read More
Adamera Minerals Corp. (TSXV:ADZ) announces a non-brokered private placement of up to 8,333,333 units at a price of $0.03 per unit.Read full newsRead More
The strides to produce ecological gold by this jewelry veteran are met with the stocking of 13-pieces at Bergdorf Goodman, launching this week.Read full newsRead More
Australia's Newcrest Mining Ltd, the country's biggest gold producer, ...Read full newsRead More
(IDEX Online) - CIBJO (the World Jewellery Confederation) has published a report by its Ethics Commission ahead of its Congress in Bahrain in November.Weaving it all together: an ethical status report at the end of 2019 covers topics such as the increasing number of international conventions with which members of the jewelry industry are expected to comply and recommended processes of disclosure."...Read More
(IDEX Online) - The power is still out at Firestone Diamonds plc's Liqhobong mine in Lesotho. The company said that despite attempts to resolve the problem of power fluctuations, there is not enough power to operate the mine's processing plant. The disruption is part of two-month maintenance shutdown by the Muela Hydropower Station (MHS), which supplies the mine's power. Since...Read More
(IDEX Online) - The GIA (Gemological Institute of America) is expanding an education program that helps artisanal gemstone miners evaluate the quality of the rough they mine. The organization is committing $1.3 million to bring the program, which started in Tanzania, to Madagascar, Nigeria, Rwanda and Zambia. Working with Pact, a Washington D.C.-based international development nonprofit organ...Read More
Aim-listed BlueRock Diamonds achieved record production of 92 500 t in the third quarter, compared with the 63 600 t produced in the third quarter of last year.This was 45% higher year-on-year, notwithstanding the suspension of operations for 19 days in July owing to crushing circuit works.AdvertisementThe company, which owns and operates the Kareevlei diamond mine, in Kimberley, achieve...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesSince mid-year, the miner has been facing a local government blockade of the access roads, and after a while critical supplies were choked, and with no consumables coming in the company had to suspendRead More
A few weeks ago, we talked about a recent offer that I received in the mail - one that promised a dirt-cheap trip to Kauai for two hours of my time.It was a good deal, but as I mentioned in that article, I was just in Kauai less than a year ago, so it wasn't some must-do thing.Meanwhile, I'm in Italy right now - taking my mom and daughter across the country from Rome to Venice.Based on these littl...Read More
Oriole's deepening footprint in West Africa is paying offSPONSOREDoriole resourcesPoster South Africa mine regeneration on trackSPONSOREDorion mineralsSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftIt's been a few decades now since I hung up my rugby boots, but the moaning and groaning...Read More
Golden Mile goes back to the futureSPONSOREDgolden mile resourcesOwner OZ Minerals said about 180,000 tonnes of development ore had been stockpiled and the first production ore was on track to be reached before the end of the year.Read More