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
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 nickelAMLO sought to reduce the concession term from 50 to 15 years, with a single extension, from 100 years to...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
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
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
(IDEX Online) - Jewelry manufacturers will display their goods next month at the first IGI D Show outside India.The event, launched in India in 2011 by Antwerp-based International Gemological Institute, will take place in Dubai.Over 100,000 designs from 33 jewelry manufacturers will be displayed at the show's first international edition. Representatives from more than 150 prominent retail bra...Read More
(IDEX Online) - Storm Mountain Diamonds (SMD) has recovered the biggest ever pink diamond by far from its Kao mine, in Lesotho.The 108.39-carat Type IIa fancy intense pink stone (pictured) is more than twice the weight of the 47.81-carat Pink Eternity, which was recovered last year and sold for an undisclosed price.Mohlomi Moleko, Lesotho's minister of natural resources, described the newly-r...Read More
(IDEX Online) - Antwerp's 500-year-old diamond industry, and the Haredi (ultra-orthodox Jewish) community with which it is inextricably linked, come under scrutiny in Rough Diamonds, an eight-part crime drama now airing on Netflix.Neither get an easy ride, at least in the early episodes. It follows the struggles and strife of the prominent (and fictional) Wolfson family, in a mix of (subtitle...Read More
The current telling of the story of de-dollarization - the replacement of the U.S. dollar as the global economy’s primary reserve currency with a new BRIC (Brazil, Russia, India, China)-funded reserve currency - depicts the loss of the reserve currency as a catastrophe that will crush America.As delightful as this prospect may be to various audiences, once we shift from considering a reserve...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 nickelComing at the same time as an industrial dispute threatens deliveries of aluminium from two smelters in No...Read More
The defeat of a new draft constitution in September 2022, and more recently, the March rejection of its flagship tax reform plan by Chile's lower house, the Chamber of Deputies, has shown that Chile,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 nickel"America's pro-EV and battery manufacturing policies are providing an advantage to Piedmont at a time when...Read More
Glencore is unusual among its peers in that it also owns a large trading business, which tends to perform best in times of high volatility.Read More
Share this article VANCOUVER - E3 Lithium [ETL-TSXV, EEMMF-OTC, OU7A-FSE] said it is firmly positioned to deliver battery-grade lithium to the global market."Last year was a foundation-building year for E3 Lithium,'' said the company's President and CEO Chris Doornbos, President and CEO of E3, which has filed its financial statements and management's discussion and analysis for 2022.He said E3 is...Read More
The long-term bull case for copper is well-discussed in the market.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 nickelGeotechnical risk in a high-grade section of the Escondida pit has caused BHP to lower the mine's fiscal 2...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 nickelBoric said future lithium contracts would be public-private associations in which the state lithium compan...Read More
You know, every morning I wake up I see someone losing their minds over artificial intelligence. "It's evolving too fast!""The robots are going to take over!""It's a threat to our existence!"Well, let me tell you something: None of that is true. This isn't a movie and humanity isn't at risk. But...Robots are taking over. And that's a good thing.See, I don't know if you've noticed or not, but we...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 nickelIf an appeal to the minister about the cracking and leaching process is unsuccessful, production will be l...Read More
Geotechnical risk in a high-grade section of the Escondida pit has caused BHP to lower the mine's fiscal 2022-2023 (July-June) guidance for the operation to 1050-1080kt, from 1080-1180kt.Read More
In all my thinking about the lockdown years, I've only had time now to think carefully about this strange distinction between essential and nonessential. What did it mean in practice and where did it come from?The edict to divide the workforce came from a previously unknown agency called the Cybersecurity and Infrastructure Security Agency or CISA. The edict came down March 18, 2020, two days foll...Read More