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
Positive Exploration & Delineation Drilling at Premier Gold Mines' Mercedes MineRead full newsRead More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company is a force to be reckoned with following a US$380 million recapitalisation at the end of last year led by Pala Investments. Top drawer investors include JP Morgan, BlackRock, Capital Group, CIBC and Red Kite.The action centres on the underground Pumpkin Hollow copper project near Reno, Nevada, in the Yeringto...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoAccording to Orion's bankable feasibility study, released this week, the project has an NPV post-tax of A$408 million (using a...Read More
Ivanhoe said the combined proceeds of US$514 million (C$679 million) from the CITIC and Zijin Mining investments positioned it to fully finance its $550 million share of capex to bring the Kakula copper mine in the Democratic Republic of Congo into commercial production. The company had announced in April that CITIC would take its investment in Ivanhoe to about US$1 billion with a second inve...Read More
The New York Daily News (NYDN) reported earlier this week that Joshua Niamehr, the owner of the online jewelry website Enchanted Diamond filed for bankruptcy this month. Just prior to the filing, NYDN had questioned the company about accusations of fraud. NYDN described Niamehr as a Midtown diamond dealer who had allegedly scammed customers out of thousands of dollars in unfulfilled orders,...Read More
Royal Asscher, the Amsterdam, Netherlands-based diamond firm, is celebrating its 165th anniversary with the introduction of two new, patented cuts: the Royal Asscher Oval Cut and the Royal Asscher Cushion Cut.The new cuts are part of the company's long tradition of audacity and innovation in diamond cutting and polishing. In 1908, Joseph Asscher cleaved the famous Cullinan diamond, a story th...Read More
As the 2019 Intersessional Meeting of the Kimberley Process (KP) wrapped up on June 21 in the Indian city of Mumbai, WDC President Stephane Fischler expressed confidence that progress has been made in the effort to reach consensus on the review and reform of the Kimberley Process Certification Scheme (KPCS). He called on participants to agree on the measures necessary for strengthening the KPCS...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumLegal & General head of commodity research Nick Stansbury said market responses to global anthropogenic climate change and attempts by policy makers and industry to curb any warming should ultimately result in higher demand for the red metal."The world is waking up to the fact that it cannot continue to bear the...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoIvanhoe said the combined proceeds of US$514 million (C$679 million) from the CITIC and Zijin Mining investments positioned it...Read More
Do you have trouble falling asleep at night?Would you like to be able to fall asleep at the drop of a hat?Today I'm going to show you how you can fall asleep anywhere, anytime, in less than 2 minutes using a simple 2-step program.This program was designed for U.S. military fighter pilots during WWII. Believe it or not, the man who developed this program was an American track and field coach who is...Read More
Orla Mining's (TSX: OLA) Camino Rojo open-pit project in Zacatecas, Mexico, would produce 97,000 oz. gold annually over seven years and could be built for US$123 million, a new feasibility study concludes.The study envisions a simple heap leach operation that could repay initial capex in three years at precious metal prices of US$1,250 per oz. gold and US$17 per oz. silver, and would deliver an af...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoThe anecdotal evidence picked up over the two days certainly points to that, while the raw numbers indicate a similarly unavoi...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoThere is something about the combination of advanced age and vast wealth that makes one sit up and take notice - especially wh...Read More
The Executive Committee of the World Federation of Diamond Bourses gathered at the Israel Diamond Exchange in Ramat Gan, Israel, on June 24, with one of the major issues discussed being the impact of synthetic diamonds on the global diamond industry. WFDB President Ernie Blom said: "The WFDB is not opposed to synthetic diamonds as such on the market. They should, however, always be disclosed so t...Read More
This latest window of opportunity to get crypto-rich is coming to a close. Since we first alerted you to it, Bitcoin is up 62%. It has surged from below $8,000 to over $13,000. That's impressive. But it's not as impressive as the performance of the Crypto66 opportunity we told you to buy two weeks ago. That investment has delivered returns as high as 180% in the same amount of time. You'll N...Read More
'When things are going downhill, and you're getting squeezed, everybody has a bunker mentality'Read full newsRead More
'When things are going downhill, and you're getting squeezed, everybody has a bunker mentality'Read full newsRead More
CROP Infrastructure (CROP.C) is in their bag. On June 14, 2019, Crop closed a $1M secured convertible debenture offering. Under the terms of the deal, allow for the outstanding amount under the debentures to convert into common shares at $0.30. Why? Crop needs money to fuel its expansion, and, boy, is it ever expanding. Last ...Read full newsRead More
After the Fed's dovish tone last week, gold has made gains and has stayed over US$1,400 thanks to continued support from safe haven demand.Read full newsRead More
The S&P 500 and Nasdaq logged their third straight lossThe Dow suffered a triple-digit loss today, as hopes for an interest rate cut next month took a hit in the wake of Fed Chair Jerome Powell's speech this afternoon. Powell described the Fed's approach as "patient," and said it's "important not to overreact in the short term." Fanning the flames of uncertainty were additional comments from St. L...Read More