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
Apr 09, 2019 (TheNewswire.ca via COMTEX) -- (via TheNewswire) VANCOUVER, CANADA / TheNewswire / April 9th, 2019 - Sitka Gold Corp. SIG (the...Read full newsRead More
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Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the grand opening celebration of its flagship location on Sunday, April 14, 2019. The event will host some of Canada's biggest influencers and entertainers, along with contests and activities throughout the day.Peekaboo Beans' celebration will run from 11:00AM to 5:00PM at t...Read More
Carlo Alberto De Casa15 hours ago (Apr 10, 2019 9:27 AM GMT)But the bullion run-up has also been held back by the risk-on sentiment dominating markets and a greater investor appetite for risk, which has led to greater inflows of capital into the stock market and towards assets perceived as riskier, such as crude oil, which scored a substantial rally in the first quarter of 2019.So let’s exa...Read More
Eastern promise for PolarXSPONSOREDpolarxOrtonowski said in the event that copper concentrate flows from mines in Democratic Republic of Congo to smelters in Zambia were reduced, it would cut the amount of sulphuric acid produced by the smelters shipped to SXEW plants in both countries, potentially impacting their ability to produce copper cathodes."The 5% import duty will increase raw material co...Read More
Eastern promise for PolarXSPONSOREDpolarxThe panel discussion looked at how a October 2018 position paper by the London Metals Exchange (LME) about responsible sourcing could be implemented.Read More
Eastern promise for PolarXSPONSOREDpolarx"Productora is half a mine.Read More
The following is an interview by Cobalt 27 Capital (TSX-V: KBLT; US-OTC: CBLLF) chairman Anthony Milewski with the London Metal Exchange's Product Development department to discuss the LME's electric-vehicle battery materials initiatives and the launch of its new cobalt contract.Anthony Milewski: What is the London Metal Exchange and what does it offer as a platform?London Metal Exchange: The Lond...Read More
Sprott's company said its 2.5 million share purchase warrants, with an exercise price of C60c per share, had expired, decreasing his beneficial ownership by about 5.Read More
A Vale SA iron ore mining operation. Source: Vale SA.Vale SA [VALE-NYSE], the world's largest producer of iron ore and nickel, is facing charges in Brazil over a deadly tailings dam breach.A Wall Street Journal report says prosecutors are planning to file criminal charges against the Brazilian miner and its employees over the collapse of the mine waste dam in January 2019, that killed hundreds of...Read More
Diamonds recovered from the Gahcho Kue Mine in the Northwest Territories. Source: Mountain Province Diamonds Inc.Mountain Province Diamonds Inc. [MPVD-TSX, NASDAQ] on Thursday April 11 released updated inferred resources for the Faraday 2 kimberlite at its 100%-owned Kennady North Project, in the Northwest Territories.The Kennady North Project is located 10 km north of the Gahcho Kue diamond mine,...Read More
Diamond drilling at Alpala in northwestern Ecuador. Source: SolGold Plc.SolGold Plc [SOLG-TSX, LSE AIM; SLGGF-OTC], an Ecuador-focused miner, said drilling at its Cascabel copper-gold project in the country's high north has revealed previously unknown mineralization, further increasing the potential size of one of the biggest copper discoveries in recent years.SolGold is a copper-gold exploration...Read More
Signet published its Corporate Social Responsibility (CSR) Report for 2018. The report benchmarks Signet's global CSR programs. Some of the highlights from Signet's report include: Signet was the only jewelry retailer selected for the 2019 Bloomberg Gender Equality Index; More than 11,000 Signet team members certified as experts in gemology;An impressive 74 percent of Signet's field leadersh...Read More
The Israel Diamond Exchange announced that the next Israel Diamond Week in Israel (IDWI) is scheduled for February 10 - 12, 2020. This year's show attracted more than 350 foreign buyers from over 30 countries, one-third of whom were first-time visitors to the Israel diamond exchange buildings. Some 150 Israeli firms exhibited polished diamonds, with dozens of additional companies offering hig...Read More
SGL, a London-headquartered diamond grading laboratory, opened a new laboratory in New York City, with premises in the International Gem Tower on 47th Street in Manhattan's diamond district. The New York lab is the company's 16th location, with branches in India, Saudi Arabia, the United Arab Emirates and the United Kingdom. According to an SGL news release, all of the company's laborato...Read More
Multinational jeweller Graff has cut the largest square emerald cut diamond in the world, which ranks as the largest high-colour, highest clarity diamond ever graded by the Gemological Institute of America.Dubbed the Graff Lesedi La Rona, the diamond weighs in at 302.37 ct, and is a top D-colour. It was cut and polished from the principal 1 109 ct Lesedi La Rona rough diamond, which was recovered...Read More
Alrosa sold $377.1 million of rough and polished diamonds in March. Rough diamond sales grew to $369.2 million, against $340.6 million in February 2019, with polished diamond sales increasing to $8 million, against $5 million a month earlier. Sales in the first quarter of the year amounted to $1,004 million - $987.9 million of rough and $16.3 million of polished goods. "The market is gradually sta...Read More
Trans Atlantic Gem Sales (TAGS) concluded its latest rough diamond tender earlier this month at the Dubai Diamond Exchange. The firm tendered productions from South Africa, Angola and Namibia. The firm said that "all materials were of high quality and high color and featured a significant number of large single stones and exceptional specials." The tender was attended by more than 200 firms from I...Read More
Eastern promise for PolarXSPONSOREDpolarxThe scoping work only focussed on the opencut resources defined to date, with Xanadu pointing to upside from resource extensions, higher grade underground options and shallow oxide gold potential.Read More
Look beyond market approach to project valuations: van ZylLeadershipAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpIt said a syndicate of underwriters, co-led by Canaccord Genuity and GMP Secu...Read More