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
A brochure that presents an overview of the most important changes to the Belgian Company Code is now available at the reception of the Antwerp World Diamond Centre (AWDC). Prepared and published by the Belgian Employers Federation (FEB/VBO), these brochures are available in English, French and Dutch, both in printed and digital formats. The new Belgian Company Code became law on May 1, 2019. The...Read More
Firestone Diamonds, an diamond mining company with operations in Lesotho, found a 54- carat, intense fancy yellow, sawable diamond in Liqhobong Mine in Lesotho. The diamond will go on sale at the company's next tender in September 2019. Firestone's CEO, Paul Bosma, said: "The Liqhobong mine has become known for its fancy yellow stones but this one is the largest we've recovered so...Read More
Vivien Johnston of the Dragonfly Initiative was appointed Supply Chain Ambassador to the Women's Jewellery Network (WJN) in recognition of her work supporting female jewelers across the value chain to achieve sustainability in their sourcing practices. The Dragonfly Initiative (TDI) is a consultancy that works across the depth of the supply chain, applying insights from 20 years of experience...Read More
De Beers Group on Monday announced the launch of a three-year $315 000 partnership with WomEng to develop the next generation of highly skilled women engineers.De Beers will invest the funds in programmes that aim to encourage young women to study science, technology, engineering and mathematics (STEM) and to pursue engineering careers in South Africa, Namibia and Botswana.AdvertisementDe Beers Gr...Read More
Firestone Diamonds has recovered a 54 ct intense fancy yellow, sawable diamond from its Liqhobong mine, in Lesotho.The diamond will go on sale at the next tender, which is scheduled to take place during September.Advertisement“The Liqhobong mine has become known for its fancy yellow stones, but this one is the largest we’ve recovered so far and is therefore quite special. Although cert...Read More
Euromines lifts hood on sustainability methodologySPONSOREDThe deal will pair Atico's producing El Roble copper mine in Choco, Colombia, with Toachi's high-grade gold and copper La Plata project in Cotopaxi province, Ecuador, both of which are volcogenicRead More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe US$52 million optimisation project will increase throughput from 450,000 tonnes per day to 500,000tpd, which will increase annual copper production from 57,000t to 60,000t and extend the mine life by 4.5 years until 2030.If approved, the pit will see three new exploitation phases which will increase its surface footp...Read More
Last week, I told you how I got a surprise correction from the IRS - one relating to Trump's new tax laws and my Solo 401(k) retirement plan.What I didn't mention is the monetary impact of that note - essentially, I ended up owing a couple thousand more in taxes than I had previously figured.Before you shed a tear, on balance, the new tax laws were a net positive for my specific situation last yea...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25'When top miners commit to an aspiration, that does trickle down'SPONSOREDdeloitteFortescue Metals Group, the creation of its chairman Andrew Forrest, has already provided a glimpse...Read More
In February, De Beers announced it was consolidating its assets in South Africa and Canada into one entity called De Beers Group Managed Operations.At the same time, Nompumelelo (Mpumi) Zikalala was appointed managing director for the group, based in Johannesburg. Ziklala has more than 18 years' experience in the mining industry, starting out as an ore processing engineer at the Cullinan mine, and...Read More
When Signet Jewelers' (NYSE: SIG) e-commerce subsidiary James Allen began offering man-made diamonds in May, the company added an additional search tab to the site: "earth-created diamonds" or "lab-created diamonds." Up until this point, websites offering both products typically defaulted to natural diamonds or simply "diamonds" providing a further ???lter required to search for the man-made varie...Read More
Aim-listed BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, achieved record production of 3 516 ct in the second quarter, four times the 875 ct produced in the second quarter of last year.“I am very pleased with the impact that our new CEO at Kareevlei and his team have made,” BlueRock executive chairperson Mike Houston comm...Read More
"You are a traitor, go back to Great Britain!"This weekend's reckoning, "Was the American Revolution a Mistake?" argued that the American colonies in 1775 were perhaps the freest society on Earth.The subsequent revolution raised the curtain on a ruinous inflation, the article continued. And that the American tax burden tripled after 1783.Never again did the American people regain their prerevoluti...Read More
Deutsche Bank's overhaul is a sign of things to come for the global economy... starting in Europe.The bank has decided to a "restructure" that'll see 18,000 jobs cut by 2022.It will also be closing down its global equities sales and trading business and will create a "bad bank" which will hold 74 billion euro.The restructuring of Deutsche Bank will be one of many to come from the European region....Read More
There's a sudden Wall Street mania for so-called fake meat burgers. Kellogg already owns the largest fake meat operation in the country in MorningStar Farms. Where's its IPO?Read full newsRead More
Cannabis legalization across the United States continues to be a topic of much discussion in both the 2020 presidential and general elections. The climate for cannabis acceptance has grown massively, resulting in larger representation in both the Senate and House of Representatives.As it currently stands, roughly 98.6% of US citizens live in states permitting cannabis in some form. In other words,...Read More
There's a sudden Wall Street mania for so-called fake meat burgers. Kellogg already owns the largest fake meat operation in the country in MorningStar Farms. Where's its IPO?Read full newsRead More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
In early June, Rio Tinto (NYSE: RIO; LSE: RIO) began a planned bulk sample program at Star Diamond's (TSX: DIAM) Star-Orion South diamond project, 60 km east of Prince Albert, Saskatchewan.The 10-hole program will take place this summer at the Star kimberlite. A 20-hole program is also planned to follow at Orion South.In 2017, Rio signed an option to earn up to 60% of the project for a total inves...Read More
Reuters reported that U.S. neighborhood and community shopping center retail vacancy rate fell 0.1 to 10.1 percent n the second quarter, marking the first decline since the beginning of 2016. Reuters quoted data provided by the US real estate research firm Reis Inc. Reis reported that despite store closures from bigger retailers, store openings had led to strong occupancy growth this quarter. &n...Read More