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
The British government still buries their heads in the sand regarding the dangers of unfettered migration, even after public opinion shows them the clear message of average citizens yearning for their countries to be secure and safe again.Read full newsRead More
Finland's next government, encompassing five parties from the left and center of the political spectrum, will increase spending by about 4 billion euros ($4.5 billion), Iltalehti reported, citing a draft of the government program agreed on Friday.The incoming cabinet, led by Prime Minister-designate Antti Rinne of the Social Democrats, is due to unveil its program and composition, including minist...Read More
Finland's next government, encompassing five parties from the left and center of the political spectrum, will increase spending by about 4 billion euros ($4.5 billion), Iltalehti reported, citing a draft of the government program agreed on Friday.The incoming cabinet, led by Prime Minister-designate Antti Rinne of the Social Democrats, is due to unveil its program and composition, including minist...Read More
Finland's next government, encompassing five parties from the left and center of the political spectrum, will increase spending by about 4 billion euros ($4.5 billion), Iltalehti reported, citing a draft of the government program agreed on Friday.The incoming cabinet, led by Prime Minister-designate Antti Rinne of the Social Democrats, is due to unveil its program and composition, including minist...Read More
Community leaders from the district of Chilcaymarca in the southwestern Castilla province are threatening Peru's Compa???-a de Minas Buenaventura (NYSE: BVN) with a general strike due to the company's decision to fire 40 workers from its Orcopampa gold-silver operation.The activists say the workers' dismissal constitutes a breach of an agreement that Buenaventura and the community signed back in 2...Read More
Community leaders from the district of Chilcaymarca in the southwestern Castilla province are threatening Peru's Compa???-a de Minas Buenaventura (NYSE: BVN) with a general strike due to the company's decision to fire 40 workers from its Orcopampa gold-silver operation.The activists say the workers' dismissal constitutes a breach of an agreement that Buenaventura and the community signed back in 2...Read More
Gas and coal prices are plunging in Europe, hurt by the relentless threat of ever-cheaper clean energy that's gaining market share and pushing out the fossil fuels in the process.Both energy commodities had their fourth weekly decline, with benchmark Dutch gas posting the biggest first-half slump in a decade. That's exacerbated by a glut of liquefied natural gas cargoes arriving in Europe. Prices...Read More
Terbium is used to make flat-panel displays. Thulium can be found in your microwave. Dysprosium demand is growing with increased production of wind turbines and electric vehicles.The 17 so-called "rare earth metals," of which the three mentioned above are members, may not have household names like gold or copper, but they play strong supporting roles in many of the consumer electronics we enjoy on...Read More
A type of fungi that looks like a thread could offer clues for finding new gold deposits.According to scientists at Australia's national science agency CSIRO, fungi known as Fusarium oxsporum attach gold to their strands by dissolving and precipitating particles from their surroundings."Fungi can oxidise tiny particles of gold and precipitate it on their strands - this cycling process may contribu...Read More
A type of fungi that looks like a thread could offer clues for finding new gold deposits.According to scientists at Australia's national science agency CSIRO, fungi known as Fusarium oxsporum attach gold to their strands by dissolving and precipitating particles from their surroundings."Fungi can oxidise tiny particles of gold and precipitate it on their strands - this cycling process may contribu...Read More
A type of fungi that looks like a thread could offer clues for finding new gold deposits.According to scientists at Australia's national science agency CSIRO, fungi known as Fusarium oxsporum attach gold to their strands by dissolving and precipitating particles from their surroundings."Fungi can oxidise tiny particles of gold and precipitate it on their strands - this cycling process may contribu...Read More
Following the collapse of a dam at Vale's (NYSE:VALE) Corrego do Feij??o iron ore mine back in January, the southeastern Brazilian state of Minas Gerais signed a Memorandum of Understanding with tech company Inmarsat to monitor all tailings facilities in the region.According to Inmarsat, the plan is to provide the state government with a smart monitoring solution which is based on IoT and satellit...Read More
Wax still remains in an abandoned mine where candles lit the way a century and half ago during Wyoming's gold rush days in South Pass City.Read full newsRead More
Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - May 30, 2019) - Investorideas.com, a global investor news source covering mining stocks releases a snapshot looking at the recent developments in the African Gold mining sector, specifically in Tanzania. In Tanzania, revenues fromRead full newsRead More
A tree-testing method for gold discovery in Australia is holding up against surface and groundwater analysis in at least a few samples and has major...Read full newsRead More
The Gemological Institute of America (GIA) said it has added natural colored diamonds to the GIA Diamond Origin Report Service. The service scientifically matches faceted D-to-Z - and now also natural colored diamonds - to their original rough to confirm the gem's country of origin. "Reaction to the GIA Diamond Origin Report is very positive," said Tom Moses, GIA executive vice presiden...Read More
Registration is now open for the 2019 Bharat Diamond Week (BDW) which will take place at the bourse from 14 to16 October. The third edition of the event, following the two shows held last year, will host delegations of buyers from China, Australia, and various Asian countries. The second edition of the Bharat Diamond Week last October hosted more than 1,000 visitors from India and across the world...Read More
The Diamond Producers Association (DPA) launched an expanded offering of educational assets available to the jewelry trade at JCK Las Vegas. The new asset package includes a free social media asset library that will be expanded regularly to help retailers feed their digital channels with fresh, insightful and compelling content for consumers. The social media asset mix includes both st...Read More
The DFL Group, which is building an international ecosystem that will provide multiple suppliers and buyers with financing, online sales capacity that includes polished diamonds, has announced the appointment of Mahiar Borhanjoo as its new chief executive, effective June 17, 2019. UNI.Diamonds is the DFL Group's online diamond trading platform. Mr. Borhanjoo joins the DFL Group from Venus Jew...Read More
Just prior to the opening of the Las Vegas gem and jewelry shows, the De Beers Group announced the launch of the Tracr Community for the education and collaboration of industry participants. Tracr???EUR? ? is a diamond traceability platform that is developed by De Beers in collaboration with the diamond industry. Tracr's Community launch is the signal to the diamond industry that the platfor...Read More