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
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumBHP has to invest US$25 million in exploration expenditures and make $2.4 million of cash payments to Luminex over a four-year period to earn its initial 51%. It can then earn an additional 9% interest by sole funding another $10 million of expenditures and making an additional $4.6 million cash payment over a further tw...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumPizarro, a stalwart at Codelco for decades and its head for four years, remained in the post despite a change in government in 2018, testament to his long-standing professional reputation although an unusual decision given the role is often a political appointee.Araneda is a mining civil engineer from the Universidad de...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumWhile the company already has the small Vuzel JV property, it is keen to build its position and has done the deals with TSXV-listed QX Metals. The agreements cover the 191sq.Read More
The dollar price of gold has been on a roller-coaster ride for the past six years. But the past six weeks have been a turbocharged version of that. Investors should expect more of the same for reasons explained below.The six-year story is the more important for investors and also the more frustrating. Gold staged an historic bull market rally from 1999 to 2011, going from about $250 per ounce to $...Read More
Trump has had it!He is apparently declaring a currency war on the rest of the world. Trump resents China and Europe cheapening the yuan and the euro against the dollar in order to help their exports and hurt ours.He says it's time for the U.S. to cheapen the dollar also. Trump has a point. If you put a 25% tariff on many Chinese exports to the U.S. (as Trump has done) or a 25% tariff on German car...Read More
Raise your hand if you've heard that half of all marriages will end in divorce? Even if that statistic was once true, it's not anymore. Divorce is on the decline and has been since the 1980s in America. Experts now put your chances of uncoupling at about 39% in the U.S. The drop in divorce rate seems to be, in large part, due to Millennials making their vows stick. A 2016 study found that young pe...Read More
Australian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadium'When top miners commit to an aspiration, that does trickle down'SPONSOREDdeloitteSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsGolden Mile goes back to the futureSPONSOREDgolden mile resourcesBecause the De Beers process is a mysterious affair, conducted far...Read More
At the Prospectors and Developers Association of Canada (PDAC) convention in Toronto in March 2018, Rockcliff Metals (CSE: RCLF) was a struggling junior with a large land package in the lesser known but geologically rich Flin Flon-Snow Lake (FF-SL) greenstone belt, with eight high-grade, base-metal volcanogenic massive sulphide (VMS) deposits and five gold properties.It began as a tough year for R...Read More
TSX-listed Tsodilo Resources has submitted a renewal application for prospecting licence 369/2014 to the Botswana Department of Mines (DoM) within the Ministry of Mineral Resources, Green Technology and Energy Security.The renewal application is for a two-year period and the area includes the company’s BK16 kimberlite project.AdvertisementThe centrepiece of the renewal application is the Pha...Read More
The long-awaited Section 232 decision by President Trump was announced over the weekend.The petition was filed by Ur-Energy and Energy Fuels and was meant to seek relief for U.S.-based uranium miners.Most analysts expected some form of relief in the form of purchase quotas that would help revitalize U.S. uranium production.The President stated that he does not concur with the DoC conclusion that u...Read More
Family members of dementia patients are saying CBD oil is helping their loved ones and "making a world of difference."Read full newsRead More
July 10, 2019 (ACCESSWIRE via COMTEX) -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO, OR FROM ANY...Read full newsRead More
Bonjour les amis. La fin de semaine pr?(C)sente le meilleur temps pour essayer r?(C)fl?(C)chir un peu ? la question du march?(C) de l'or et ? celle de nos investissements dans les aurif??res. Il est certain, en tout cas, que j'ai plus que jamais un int?(C)r??t marqu?(C).Je vous envoie cette fois-ci un fichier d?(C)crivant le prix de l'or de 1975 jusqu'? aujourd'hui sur une ?(C)chelle arithm?(...Read More
Bonjour les amis. La fin de semaine pr?(C)sente le meilleur temps pour essayer r?(C)fl?(C)chir un peu ? la question du march?(C) de l'or et ? celle de nos investissements dans les aurif??res. Il est certain, en tout cas, que j'ai plus que jamais un int?(C)r??t marqu?(C).Je vous envoie cette fois-ci un fichier d?(C)crivant le prix de l'or de 1975 jusqu'? aujourd'hui sur une ?(C)chelle arithm?(...Read More
Rio Tinto held its annual showcase of rare pink and red diamonds at the Argyle mine site in the east Kimberley region of Western Australia. The 64-diamond collection, including three Fancy Red diamonds and weighing 56.28 carats in total, make up the 2019 Argyle Pink Diamonds Tender. Rio Tinto Copper & Diamonds chief executive Arnaud Soirat said: "These diamonds are a testament to the enormous...Read More
Earlier this month, a meeting of the Young Diamantaires Association (YDA) was held at the London Diamond Bourse. The event was initiated by Alan Cohen the President of the Club and coordinated by David Troostwyk, a LDB board member. The meeting was chaired by Rami Baron, President of the Diamond Dealers Club of Australia and YDA Founder. The YDA operates under the auspices of the World Federation...Read More
Alrosa, the world's largest diamond mining company, auctioned of 82 rough diamonds, weighing 10.8 carats and more, at auction in Israel. The diamonds, weighing a total of more than 1,422 carats, were sold to companies from Belgium, Hong Kong, India, Israel, Russia, the UAE and the USA."Today, there are still difficulties with demand in the global diamond market. This inevitably affects...Read More
ABN AMRO sent a letter to a number of clients, declaring a moratorium on rough loans, quoting the industry's behavior. Arguing that there is not profitability in manufacturing or rough diamond trading and that therefore, noting that it does not identify the "necessary change in the current situation," ABN will not extend loans for rough diamond purchases. The "necessary change in the current...Read More
If wealthy people have the same 24 hours in a day, and work just as hard as others, how do they acquire such incredible wealth?This was the question George Samuel Clason set out to answer in his timeless classic The Richest Man in Babylon. Since 1926, Clason's book has sold more than 2 million copies and has been translated into 26 different languages. Set in ancient Babylon, supposedly the wealth...Read More
In this episode, Franco-Nevada CEO David Harquail takes to the stage at The Northern Miner's Canadian Mining Symposium at Canada House in London in May 2019 to speak in his role as chair of the World Gold Council.David talks about how the WGC's focus has changed over the years from promoting gold jewellery consumption to promoting institutional gold investing, and what the WGC is doing today in th...Read More