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
DMCC, the world's leading Free Zone for commodities trade and enterprise signed a Memorandum of Understanding with the China Gems and Jade Exchange (CGJE), creating a strategic alliance with China's official trading platform for gemstones and jade. Feryal Ahmadi, Chief Operating Officer, DMCC, and Mr. Yuk Chan, Co-Founder and Executive Vice President, CGJE, signed the agreement during a...Read More
Club Degli Orafi and the Studies and Research Department of Intesa San Paolo reported that for the Italian jewelry manufacturing industry and trade, 2018 had been a disappointing year. Once the undisputed leader in high-end jewelry design and manufacturing. Italy is struggling in a highly competitive sector. Jewelry design and production giants such Turkey and Thailand continue to challenge Italy'...Read More
Stephen Fairchild, Chief Creative and Brand Officer will take the stage at this year's prestigious Copenhagen Fashion Summit to debate how circular design can create fundamental change in the industry. Fashion designers hold the power to create items that consumers fall in love with, but they also have the opportunity to make the industry more sustainable. At this year's Copenhagen Fash...Read More
In case you haven't noticed, the mainstream media outlets are currently clogged up with stories of measles outbreaks and some boy who got chickenpox after suing not to get vaccinated. So today I want to talk about the national vaccination conversation.You're probably wondering what the subject could possibly do with "the rich life."Well, beyond issues like personal choice... the collective good vs...Read More
Columbus Gold (TSX: CGT; US-OTC: CGTFF) wants to become a dominant player in the fledgling gold mining industry in French Guiana, an overseas department of France on the northeast coast of South America, which is made up mainly of tropical rainforest.The junior and its Russian partner, Nordgold, already own 44.9% and 55.01% of the Montagne d'Or gold deposit in northwestern French Guiana, where the...Read More
Australian gold producer St Barbara (ASX: SBM) is acquiring 100% of Canadian gold producer Atlantic Gold (TSXV: AGB) in a deal valued at $802 million.St Barbara's offer represents a 41.1% premium to Atlantic's closing share price on May 14 and a 40.8% premium to the company's 30-day, volume-weighted average price.The offer consists of $2.90 per share in cash plus a spin-out company that will hold...Read More
LA PAZ, BOLIVIA - The Bolivian government is "building a new relation between business and the state," Bolivia's Mining and Metallurgy Minister Cesar Navarro tells The Northern Miner in a sit-down interview in his government office.Soon after taking office in January 2006, Bolivian President Evo Morales laid down the law to foreign companies. The new relationship between the state and investors wo...Read More
Test results from Marathon Gold's (TSX: MOZ) Leprechaun and Marathon deposits at the company's Valentine Lake gold camp in Newfoundland and Labrador show they are amenable to heap leaching.Selected intervals of mineralized material were shipped to SGS Canada in late 2018, and highlights from the tests show a 72% gold-extraction average for a -25 mm crush size from the Leprechaun deposit after 160...Read More
Lucapa Diamond mined a 130-carat, gem quality diamond at its Lulo Diamond Project in Angola. The 130-carat diamond is the 13th diamond larger than 100 carats recovered to date at Lulo and the second recovered so far in 2019. The company said in a statement that the 130-carat diamond "adds to the current inventory of high-value large special run-of-mine diamonds, including top color white diamonds...Read More
Two jewelry industry veterans, who both have garnered ample experience as industry consultants and entrepreneurs, announced the formation of the Lab Grown Diamond Council (LGDC), to be headquartered in New York. "Many leading companies in the lab grown market have approached me over the last year regarding the need for focused, research-based messaging on advocacy, communications and education of...Read More
There will a changer of the guared Alan Lowe, founder and owner of EGL South Africa (EGLSA) announced he is retiring from his position as Managing Director of EGLSA Lowe opened his first EGL diamond grading laboratory in Johannesburg in 1980. In 1996. EGL South Africa expanded into the grading of colored gemstones and at the same time he opened the EGL College of Gemmology that provided gemologica...Read More
JOHANNESBURG – A plan to build Zimbabwe’s biggest platinum mine at a cost of about $4-billion is floundering because a military stake in the project has deterred potential backers, according to people familiar with the funding discussions.The African Export-Import Bank has the mandate to raise money for the mine, a joint venture between Russian and Zimbabwean investors. While the bank...Read More
If there is one issue that nearly every presidential candidate agrees on, it is the legalization of marijuana.In fact, Sen. Cory Booker went as far as to introduce a bill that would legalize marijuana nationwide, expunge federal convictions, and allow those prosecuted for use to petition the courts for shorter sentences.And he's doing this with four of his presidential rivals as co-sponsors.As you...Read More
Barrick Gold Corp (TSX:ABX)(NYSE:GOLD) has made several transformational moves in recent years. Will they help fuel shareholder growth over the next decade?Read full newsRead More
Source: Michael Ballanger for Streetwise Reports 05/13/2019Sector expert Michael Ballanger muses on the effects of Twitter and political maneuvers on the markets, and specifically on a favorite gold explorer.I have a confession to make: There are no free markets anymore; there are only interventions. Of course, I bow to Gold Anti-Trust Action Committee (GATA) cofounder Chris Powell, who coined...Read More
A round of Trump tweets helped the Dow bounce more than 200 pointsThe Dow surged over 200 pointstoday, as some anxieties over the U.S.-China trade war were assuaged by a round of President Donald Trump tweets. Notably, he said the two countries still "have a dialogue going," and that a trade deal "[will] happen, and much faster than people think!" Gains from trade-sensitive stocks like Caterpilla...Read More
The problem for President Trump? Once a nation is hooked on the cheap goods that are the narcotic free trade provides, it is rarely able to break free.Read full newsRead More
Livent Corp aims to derive more than half of its lithium sales from the electric vehicle industry by next year, a shift for a company that historically has supplied the white metal for use in greases and other industrial products, its chief executive said Tuesday in an interview.Philadelphia-based Livent has struggled in recent months to retain some customers and offset gyrations in the price of l...Read More
Global miner BHP will hold on to the Australian nickel operations it previously ...Read full newsRead More
The key executives behind Goldcorp's Coffee gold project in Yukon are back, this time leading a new junior miner called Tectonic Metals Inc. The company is seeking to raise C$5 million through a special warrant financing and pursuing a direct listing on the TSX Venture Exchange.Tectonic was founded nearly two years ago by Eira Thomas, Tony Reda and Rob Carpenter, who were key executive members of...Read More