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

(IDEX Online) - The International Council of Shopping Centers predicts that holiday spending will reach $832.3 billion, with 90 percent of shoppers spending in physical stores. This is a rise of 4.9 percent over last year, according to the annual Holiday Shoppings Intentions Survey, which also found that average holiday-related spending will total $683 per person.According to the survey, 97 percen...Read More

(IDEX Online) - Lucapa Diamond Company Limited reported strong production for both the Lulo and Mothae mines in the September 2019 quarter. The mines achieved a quarterly production record of 14,610 carats during the quarter, which the company says are in line with its strategy of expanding high-value diamond production to maximize revenue.Production increased 67 percent year-over-year at the Lulo...Read More

(IDEX Online) - The Responsible Jewellery Council has entered into a partnership with the United Nations Global Compact to develop best practice impact case studies for building awareness and educating key stakeholders across the jewellery supply chain from mine to retail on how businesses can contribute to the Sustainable Development Goals (SDGs).The RJC Code of Practices covers legal and regulat...Read More

South Africa's mining production decreased by 3.2% year-on-year in August."Due to its large weight in the mineral group basket of about 24%, the 12.5% year-on-year decline in the platinum group metals (PGMs) output subtracted three percentage points from the overall sector’s production decline.Advertisement"The other large negative contributors were diamonds, which decreased by...Read More

Russian diamond miner Alrosa has appointed Evgeny Agureev its deputy CEO to improve the supply chain of the company and look for new approaches to stimulate rough diamond sales.The 41 year old has been a director of the United Selling Organisation of Alrosa (USO) since 2017 and will continue to lead the USO and oversee the sales unit.AdvertisementIn his new position, Agureev will develop sales, im...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa has generated a further A$15.5-million in revenue from diamond sales, bringing the combined 2019 sales figure to date to A$65.7-million from its Lulo and Mothae mines, in Angola and Lesotho respectively.The ASX-listed miner noted that 5 469 ct of Lulo diamonds were sold at the last auction for gross proceeds of A$8.9-million, representing an av...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesIt also reported a 69% increase in measured and indicated resources to 72Mt containing 894,000t of copper inclusive of mineral reserves.An updated life-of-mine production plan increases copper production by 140,000t compared to the 2018 technical report with a flexible and phased plan to return the Caraíba Mill to its original...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesIf passed, the bill, introduced into the Senate in January 2018, would allow the distribution of such water to be subject to the authority of the state, which concerns the private sector companies, particularly in the mining sector, which have invested hundreds of millions of dollars to secure their water sources through investment i...Read More

Golden Mile goes back to the futureSPONSOREDgolden mile resourcesAIM-listed CAML this week said it remained comfortably in sight of its guidance of 12,500-13,500 tonnes of copper and 28,000-39,000t lead from its two mines, Kounrad and Sasa, located in KazakhstanRead 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 limitedThe future of mining is (still) peopleSPONSOREDproudfootSolGold, 85% owner of the monster Alpala discovery in northern Ecuador (23 million ounces of gold and 11 million tonnes...Read More

I've had the "timeshare debate" with my mom several times. She has friends - including money-savvy ones - with properties, and I know at least one is trying to unload at the moment, too.About $8 billion worth of timeshares are sold in the U.S. each year. And it's easy to understand how folks fall for the allure of basically buying a hotel room.Let's say it's the dead of winter … ice, snow, s...Read More

RNC Minerals (TSX: RNX; US-OTC: RNKLF) chairman and CEO Paul Huet is like the hockey coach who takes over mid-season because the team is underperforming.The Toronto-based company brought Huet in as chairman of the board in February to try and turn around RNC's high-cost operations at its Beta Hunt nickel mine in Australia, and pinpoint the extensions of the mine's high-grade gold mineralization. H...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 limitedThe future of mining is (still) peopleSPONSOREDproudfootChief executive Matthew Gill strode to the lectern in January 2017 to describe a unique investment offering.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 limitedThe future of mining is (still) peopleSPONSOREDproudfootIt's predictable because of the long list of corporates and colourful entrepreneurs the famed project has brought unstuc...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 limitedThe future of mining is (still) peopleSPONSOREDproudfootIt said all four, widely-spaced diamond drill holes which tested a 700m x 300m area hit widespread sulphide mineralisati...Read More

As it stands now, Canada and Uruguay are the only two countries that have legalized marijuana for recreational use.But later this month they'll be joined by a third.No, not the United States.Despite overwhelming public support, the financial and economic incentives, and the massive rush of states that have gone ahead and legalized cannabis on their own, the United States remains too puritan and to...Read More

Is there a nationalist case for free trade?That is the question we tackle today, as our thoughts turn to trade…United States and Chinese trade officials are presently huddled at Washington.Talks had also been scheduled for Friday. Markets took fright yesterday when it appeared China's negotiators would back away this evening.But this morning the president announced he will meet with China's...Read More

High chances that there will not be a trade deal between USA-China will result in gold and silver trading with a bullish bias. Trade war between USA-China and USA-Rest of the world, will only rise if there is no trade deal this week. Gold and silver will zoom to $1600 and $1900 as a result. Keep a close watch on Syria. Turkey is trying to take over the Kurdish region of Iraq and Syria. Russia is...Read More

High chances that there will not be a trade deal between USA-China will result in gold and silver trading with a bullish bias. Trade war between USA-China and USA-Rest of the world, will only rise if there is no trade deal this week. Gold and silver will zoom to $1600 and $1900 as a result. Keep a close watch on Syria. Turkey is trying to take over the Kurdish region of Iraq and Syria. Russia is...Read More

A Bloomberg report said China would be open to a partial trade deal The Dow reversed some of this week's earlier losses, tacking on 181 points on a promising report from Bloomberg that said China is open to striking a partial trade deal on the condition that President Donald Trump doesn't impose additional trade tariffs. This news was a boon for tech stocks, with Apple (AAPL) stoking the fire with...Read More