The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
Stellar result for PolarXSPONSOREDpolarxAmerigo (TSX: ARG) has extended the repayment deadline for the outstanding US$56.25 million of a $99.7 million expansion facility from the end of next year to September 2023. The company can repay all or part of the four-year Scotiabank Chile and Export Development Canada term loan early without penalty.First payment is due under the restructured loan next M...Read More
IronRidge derisks through diverse discoveries SPONSOREDironridge resources Located in the Wadi Bidah mineral district in western Saudi Arabia, the Hawiah deposit consists of gold near the surface and copper-gold-zinc sulphide ore at depth.Through its joint venture Gold and Minerals (G&M), KEFI and local Saudi business ARTAR plan an initial 2,500m scout drilling program along the most prospecti...Read More
The #1 concern most Americans have when it comes to retirement is paying for health care.According to a recent survey from Merrill Lynch and Age Wave, those age 65 and over ranked health as their greatest source of worry.With rising health care costs and longer life expectancies, it's no wonder covering medical expenses tops most retirees list of retirement worries.Add to that an unpredictable fut...Read More
White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesAlthough still in its early stages, the electric vehicle (EV) revolution is triggering demand for a whole range...Read More
White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesLondon's favourite U-stock, Yellow Cake, is an example of what's happened as a promised U-revival has morphed i...Read More
The World Federation of Diamond Bourses (WFDB) presidents’ meeting, after a special session on blockchain technology and supply source traceability, has decided to take steps to further improve transparency in diamond transactions.The decision came after a debate on the conclusions of a panel discussion on traceability, provenance and blockchain technology.AdvertisementThe panel included sev...Read More
Gold continues to be resilient and the pullback I've been anticipating seems to be in the cards.For the year, gold is trading up over 15%.Technically, gold needs to close above last month's high of $1552 and $1560 in NY Gold Nearest Futures in order to continue higher.On the downside, as long as we hold $1,385 on a closing - not intraday - basis then the mid-term march higher remains intact.Silver...Read More
More victims may be trapped in the debris at an illegal gold mine near the Libyan border.Read full newsRead More
More victims may be trapped in the debris at an illegal gold mine near the Libyan border.Read full newsRead More
More victims may be trapped in the debris at an illegal gold mine near the Libyan border.Read full newsRead More
A preliminary economic assessment (PEA) of Highland Copper's (TSXV: HI; US-OTC: HDRSF) White Pine North copper project in Michigan envisions a 25-year mine producing an average of 40,000 tonnes of copper per year.The White Pine North project, 7.5 km south of Lake Superior in Ontonagon county, is an extension of the historical White Pine mine that operated from 1953 to 1995, during which time it p...Read More
(IDEX Online) - AIM-listed mining company BlueRock Diamonds plc recovered a 20.72-carat gem quality stone from the Kareevlei Diamond Mine in the Kimberley region of South Africa. This is the second stone recovered from the mine over 20 carats. The previous stone weighed in at 24.98 carats and sold for $190,000. "I am highly encouraged by the recovery of yet another significant stone whic...Read More
(IDEX Online) - Dutch bank ABM Amro has said it is subject to an investigation by the country's public prosecutor relating to requirements under the Act on the prevention of money laundering and financing terrorism. The bank said in a short statement that it would cooperate fully with the investigation, news of which sent its shares plummeting 12 percent, reported the Financial Times.The...Read More
(IDEX Online) - Blockchain startup Everledger has closed a $20 million funding round led by Chinese Internet-based service provider Tencent Holdings Ltd. Everledger provides blockchain services to a range of sectors including the diamond industry. Everledger's diamond clients include Brilliant Earth, Rare Carat, Chow Tai Fook and GIA, Hari Krishna Exports and the Singapore Diamond Invest...Read More
Australian shares were marginally down on Thursday, led by declines in gold and ...Read full newsRead More
Monday saw Power Metal Resources (LSE:POW) highlight the positive impact that increasing nickel prices could have on both its Molopo Farms Complex (MFC) project in Botswana and its Haneti asset in Tanzania.In an update, the business delivered an update on itsprogress at both of these assets, inRead full newsRead More
Australian shares were marginally down on Thursday, led by declines in gold and ...Read full newsRead More
One of the downsides to saving large sums of cash is it starts to burn a hole in your pocket.When I was a kid, my grandparents would occasionally give me a $10 bill after I'd go visit for a week. I had zero tolerance for saving back then, so I would spend it on candy and comic books almost immediately.Since then, I've built up a pretty good tolerance against spending cash. I've seen too many finan...Read More
(IDEX Online) - A Swiss-based laser-cutting company has developed an automated cutting and shaping system for round diamonds it says substantially decreases the production pipeline by combining several processes into one machine.Synova, which is partly owned by De Beers, says the DaVinci system also reduces polishing processes to a final finishing step. "Several cost, skill and labor-intensive ste...Read More
Donald Trump is an agent of chaos. He has been ever since he entered the Republican contest for the presidency. Think back over the past few years and look at his time in office. It's a short, turbulent time period marked by scandals and defined by off-the-wall tweets. It's a time period that has frustrated some citizens while delighting others, provided job security for late-night comedy writer...Read More