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) - Christie's says it will donate a "significant portion" of the commission from its sale of Heidi Horten's jewelry towards Holocaust research and education.It says the proceeds from the auction itself - estimated at $150m - will go to a foundation that furthers the philanthropic causes including medical research, children's welfare, and access to the arts, in line with...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelHowever, an unconstitutionality action filed by opposition members of Congress saw the Supreme Court of Justice vote nine to two to invalidate certain new laws unrelat...Read More
Calling the combination "transformational with compelling strategic logic," Allkem chief executive Martin Perez de Solay said that the deal "marks a significant milestone in our efforts to growRead More
(IDEX Online) - The index that tracks all fancy color diamond prices rose by 1.3 per cent in the first quarter of 2023, with the biggest increases among yellows.The New York-based Fancy Color Research Foundation (FCRF) said white diamond prices fell by 2.8 per cent during the same period.Yellow diamonds, across all sizes and intensities, showed the biggest rise, at 2.1 per cent. Pinks were up 1.1...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelWheaton Precious Metals Wheaton Precious Metals this week announced the retirement of two board members: Eduardo Luna and John Brough.Read More
Share this article VANCOUVER - Metallic Minerals Corp. (MMG-TSXV, MMNGF-USOTC) on Wednesday announced a $6.34 million strategic equity investment by a unit of Newcrest Mining Ltd. [NCM-TSX, ASX, PNGX].It said the investment will take the form of a non-brokered private placement, with the goal of advancing Metalic's La Plata copper-silver-platinum group element alkalic porphyry project in Colorado...Read More
Speaking at the 8th SME Current Trends in Mining Finance conference in New York, US, McEwan prompted delegates to rethink mine design, inspired by the Macchu Pichu Inca citadel in Cusco, Peru,Read More
Pelham's latest attempt was via a settlement offer dated 7 May, which sought the resignations of three of Nickel 28's directors and the appointment of Pelham's managing member, Edward Collery, as wellRead More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe government of Chile is yet to finalise its lithium nationalisation plan, or have it approved by Congress.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelChesser shareholders will receive 0.0248 of a Fortuna share for every share held, representing an implied value of 14.2c per share, a 95% premium to yesterday's closin...Read More
Mining Journal Select London 2023 SPONSOREDGoviEx edges closer to productionSPONSOREDgoviex uraniumCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCertainly, some have been shaken by events in the US.Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipMining Journal Select London 2023 SPONSOREDGoviEx edges closer to productionSPONSOREDgoviex uraniumWhile the move by the mid-tier miner further reinforces the creditability of the development, SSR has announced a longer-than-expected path to production, which will have implicat...Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelRio is aiming to reduce emissions by 15% by 2025. "I probably regret setting a target for 2025," Stausholm told a business breakfast in Perth on Friday.Read More
The agreement will further enhance Standard Lithium's position to build the first U.S. commercial lithium project in several decades and to begin to meet the surging demand for lithium.Read More
(IDEX Online) - GIA has graded its biggest ever lab grown polished diamond, a 34.59-carat emerald-cut stone (G color, VS2 clarity).The diamond, produced by Ethereal Green Diamond, in India, is more than twice the size of the previous record holder, a 16.41-carat princess-cut diamond from Shanghai Zhengshi Technology, in China, in January 2022.The 34.59-carat stone, measuring 24.94mm ??- 13.95mm ??...Read More
The investment bank said that this could well be the turning point for lithium markets, marking that the Chinese lithium carbonate (ex works) spot price is at $27.5/kg - up from its low of $21/kg.Read More
Deliveries of China-made Model Y and Model 3 EVs decreased by 14.7% from March to 75,842 units, according to preliminary data released by the China Passenger Car Association on Friday.Read More
GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelSpeaking to the Financial Times, Lassonde, chair emeritus of Franco-Nevada, confirmed he had assembled a consortium to bid for Teck's coal business.Read More
Mining Journal Select London 2023 SPONSOREDGoviEx edges closer to productionSPONSOREDgoviex uraniumCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesUnder the agreement, the government take, including income taxes and royalty among others, will be a maximum of 46.5% for miners producing more than 80,000tpa of fine...Read More
(IDEX Online) - Zvi Yehuda, the diamond pioneer who invented the Sherlock Holmes machine and who was behind a string of industry innovations, has died at the age of 86.He was just 16 when he realized he could recycle diamond dust from bruting and sell it back to diamond cutters for grinding. He sold the idea to Israel's Industry Ministry and soon became the country's leading supplie...Read More