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) - Antwerp's Diamantkring has become the first bourse to partner with the Natural Diamond Council (NDC).The New York-based NDC (known as the Diamond Producers' Association until June 2020) promotes the industry and educates consumers.Its members include miners De Beers Group, Lucara Diamond, Petra Diamonds, RZM Murowa, and Rio Tinto - representing about three quarters of the...Read More

In February, Los Andes published a prefeasibility study (PFS), which featured a 136,000tpd operation to produce 183,000tpa of copper, 11Mlbpa of molybdenum and 1.Read More

Share this articleVANCOUVER - i-80 Gold Corp.'s [IAU-TSX; IAUX-NYSE American] drilling has discovered new lenses of high-grade polymetallic carbonate-replacement-deposit-type (CRD) and skarn mineralization along the Hilltop fault structure and continues to expand mineralization in the Hilltop zones and at the 100%-owned Ruby Hill property, located in Eureka County, Nevada.Highlight results from in...Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelOne firm rumoured to have tabled a bid is Freeport McMoRan based in Phoenix, Arizona.Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelRead More

(IDEX Online) - De Beers produced 8.9m carats in Q1 of this year, exactly the same as Q1 last year, according to figures released today by parent company Anglo American.Production was up almost 10 per cent on Q4 2022 (8.2m carats). Production in Q3 2022 was 9.6m carats.Overall output was impacted by the transition from open pit to underground mining at Venetia, in South Africa, where production wa...Read More

(IDEX Online) - De Beers has created a "modern tiara" using 40 carats of diamond from its own mines, with an 8.49-carat pear-shaped gem at the center.It's part the new Metamorphosis high jewelry collection, described as "the most creative and technically challenging collection to date".The four-stranded tiara is crafted from colored titanium and platinum and features a set of six additional f...Read More

Anglo American reported copper production of 178,000t in the first three months of 2023. This is up by 28% year-on-year but still came in 9% below consensus estimates from analysts.Read More

(IDEX Online) - One of the world's largest tsavorite garnets has gone on display at the Smithsonian's National Museum of Natural History, in Washington DC, USA.The 116.76-carat, 177-facet Lion of Merelani is the largest precision-cut tsavorite in the world, and the largest tsavorite gem ever cut in the US.Tsavorite is a precious gemstone first discovered by famed geologist Campbell Bridg...Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumPreventing Crusher Events: How GET Trakka Helps Keep Mines Running SmoothlySPONSOREDcr powered by epirocTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe prize in this scenario is an unloved base metal which is destined to be one of the big winners in the...Read More

On Friday Joe Biden signed an executive order directing every federal agency to work toward “environmental justice for all.”The executive order even establishes a new Office of Environmental Justice within the White House.If that sounds kind of Orwellian, there's a reason for that - it is."It’s only about the future of our planet,” Biden said.If "the future of our planet" i...Read More

(IDEX Online) - Diamonds were strewn across the floor of a shopping mall, when a raider was grabbed by security guards outside a jewelry store in New Zealand.He was one of six masked robbers, armed with hammers and knives, who smashed glass cabinets at Michael Hill Jeweller, in Chartwell Shopping Centre, Hamilton.  The other five escaped.The New Zealand Herald newspaper reports that "the shop...Read More

The universe's most incredible material just became the "world's best" according to yet another scientific metric. It might not sound as exciting as the "heart tattoo" that my fellow editor Alex Koyfman reported on last week, but stay with me. Researchers can hardly even grasp the full ramifications of this discovery. The "strange-metal regime" is a phrase coined by Lancaster University phy...Read More

The diversified miner's group-wide copper equivalent production was up 7% year-on-year following investments last year which added copper to its portfolio and increased its share of low-carbonRead More

Venus, which is the company's Cypriot venture, includes the Magellan Project and Mariner Project as well as other targeted exploration projects - Klimata, West Skouriotissa and North Alestos.Read More

(IDEX Online) - Police in Canada are investigating the theft of gold and other valuables worth US$15m in what is believed to be the country's biggest ever heist of its kind.A cargo container packed with gold and other "items of monetary value" was stolen from a warehouse near Toronto Pearson International Airport (pictured) that was reportedly unmanned by airport security.Police have revealed...Read More

(IDEX Online) - De Beers has filled the decommissioned Victor diamond mine, in northern Ontario, Canada, with almost 12 billion gallons of water and turned it into a lake.Virtually nothing now remains of the mine, which opened in 2008 and closed in May 2019.Over its life, more than 8.2 million carats of diamonds were recovered at Victor. It was identified in 1987 as Canada's first economicall...Read More

Last week, the company announced an investment decision on its US$230 million Terronera silver and gold project in Jalisco, Mexico, which is due to produce 4Mozpa of silver and 38,000ozpa of gold forRead More

ING is seeking US$170 million in damages from the Industrial and Commercial Bank of China, based on allegations that it released export documents for copper transactions without collecting payment -Read More

It's a fact of life that in any group of students, some are likely to be smarter and quicker than others while some just can't keep up.It's unfortunate that Treasury Secretary Janet Yellen has turned out to be the slow kid in the class when it comes to economic sanctions and financial warfare.Almost 10 years ago, I sat in a secure conference room at the Pentagon and explained to a group of U.S. na...Read More