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
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) - A well-known jeweler in Sydney, Australia, has been charged with orchestrating a raid on his own store as part of an insurance fraud worth AUD$2.8m (US$1.9m).Michel Germani, 65, CEO and founder of Germani Jewellery, and a 47-year-old female staff member were allegedly threatened with a knife by two robbers who forced them to open the safe, and bound their hands and feet 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 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 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
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
Copper Search CEO Duncan Chessell provides an update from site as the company begins drilling its top four iron oxide-copper-gold targets at its flagship Peake project in South Australia - north of the Prominent Hill, Olympic Dam and Carrapateena IOCG operations.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
Moving at the glacially slow pace that only the government can maintain, our medical overlords at the World Health Organization on Friday officially declared an end to the "global emergency status" for COVID-19.With the pandemic officially in the history books, I also wasn't surprised to see retail speculators have thrown in the towel on their favorite bubble stocks.Yes, the Covid Bubble buying fr...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
The phrase "X-Date" may remind readers of the TV drama The X-Files or the superhero X-Men. It actually refers to the date when the U.S. Treasury goes broke.The problem arises from the fact that issuing U.S. Treasury debt beyond a certain ceiling requires approval from the U.S. Congress. The amount of outstanding debt today is at the current debt ceiling.The Treasury is allowed to issue new debt to...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 nickelFAST-41 is a process created in 2015 which provides a tailored roadmap to the permitting process, developed by Federal agencies in partnership with the project sponsor...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
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
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
Front-line lawmakers like these are the only thing standing between us and a lifetime of getting paid in company scrip. The Federal Reserve is dead set on banning the physical dollar and switching to a central bank digital currency (CBDC). Once that happens, the anonymity that comes with physical money will become a thing of the past. For obvious reasons, most of the world isn't interested...Read More
The graphite miner and developer reported total production for the year to March 31 up 59% year-on-year, to 4,770t, while sales jumped 76% to £2.89 million (US$3.65 million).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
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
(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