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

Kazakh uranium miner Kazatomprom expects further revenue growth this year on higher prices, it said on Wednesday after posting a 112 percent jump in 2018 adjusted net profit on higher sales volumes and prices.London-listed Kazatomprom's net income adjusted for one-off transactions stood at 66.8 billion tenge (about $177 million), it said in a statement.The world's biggest uranium miner said it exp...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsIts portfolio already has more than a billion tonnes of mineralisation with 636 million tonnes grading 0.45% copper equivalent at Mocoa in Colombia and 711Mt grading 0.Read More

The results came a week or so after the majors reported 2018 financial results following a strong run-up in the shares in the year to date.Read More

The World Platinum Investment Council (WPIC) forecast global demand to rise 5% in 2019 to 7.Read More

Centerra Gold's mill at its Mount Milligan copper-gold mine in British Columbia. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX, CAGDF-OTC] is likely to reinstate its dividend after it closes a deal with Kyrgyzstan to resolve a longstanding dispute over the Kumtor gold mine, Centerra CEO Scott Perry has told Reuters news service.The company expects the agreement, which it reached in Septembe...Read More

Click to enlarge.Goldsource Mines Inc. [TSXV: GXS] is pleased to announce an expansion of the high-grade Salbora discovery ("Salbora") from new diamond drilling at the Eagle Mountain Gold Project ("Eagle Mountain" or "Project") in Guyana. Salbora is located approximately 1.5 kilometres northwest of Eagle Mountain. Results from four (4) additional core holes show expansion of near surface high-grad...Read More

De Beers Group Industry Services on Tuesday announced that all four of its diamond verification instruments (DVIs) submitted for testing as part of the Assure programme had received “outstanding” results.The Assure programme is a joint collaboration between the Diamond Producers Association (DPA) and Signet Jewelers, with input provided by other participants in the diamond industry and...Read More

De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the second sales cycle of 2019.  Sales of De Beers' second "cycle " stood at $490 , a drop of 13 percent compared to the sales figure of De Beers' second sight in 2018, which generated $563 million. "Demand for rough diamonds remained consistent during the second sales cycle of 20...Read More

Standard & Poors (S&P) issued a report saying that 2019 will be yet another year of elevated retail defaults, above the levels that were seen during the great recession of a decade ago. It noted that a significant number of retailers struggle to operate successfully in the current competitive landscape. While the United States' economy seems to be in reasonably good shape, S&P predicts...Read More

GIA's second annual GIA (Gemological Institute of America) London Jewellery Career Fair will be held on April 5, 11:30 am to 4:15 pm, at the Goldsmiths' Hall, Foster Lane, London EC2V 6BN, for an opportunity to meet gem and jewelry industry recruiters from all over Europe. The event is free and open to the public. "The GIA Jewellery Career Fair is back in London for a second year, and is eve...Read More

The World Diamond Council has welcomed the adoption of a resolution by the United Nations General Assembly (UNGA) on March 1, which calls for a strengthening of the Kimberley Process (KP), to more effectively sever the link between the illicit transaction of rough diamonds and armed conflict, thereby contributing to the maintenance of international peace and, in particular, security and sustainabl...Read More

Bulawayo24, an online news service, reported that Zimbabwe has agreed with Botswana to start processing its diamonds at the Diamond Trading Company (DTC) in Gaborone. The agreement was reached during a high-level summit of the Zimbabwe-Botswana Bi-National Commission (BNC) in Harare in February. To implement the agreement, DTC diamond experts are to visit Zimbabwe this month. According to the rep...Read More

MCH Group has appointed Bernd Stadlwieser as CEO of the MCH Group. He succeeds Rene Kam, the veteran CEO who resigned after MCH's chief asset, BaselWorld lost close to 40 percent of its exhibitors in 2018. Bernd Stadlwieser has more than 20 years' international professional experience in the watch, jewelry and art business  as well as in the fields of business development and digitisati...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe mining major signed an agreement with Toronto-listed Freegold Ventures to spend up to US$30 million to earn 70% of the 100sq.km Shorty Creek project near Fairbanks in Alaska.Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftCEO Luis Tondo said the latest results exceeded expectations "on man...Read More

Like an army that has outdistanced its supply lines, the stock market runs far ahead of logistical support.Total market capitalization of U.S. stocks presently ranges to $40 trillion - or twice GDP.This 2-1 ratio is the highest in history... we might mention.Analyst John Hussman reminds us the ratio previously topped at 1.9 in 2000.That is, never before has Wall Street run so far ahead of Main Str...Read More

In a recent article about "The Seven Deadly Sins of Retirement," I said soaring healthcare costs were a major topic that seniors need to think about. I also suggested you consider ways to shelter as much money as possible from nursing homes or government-run healthcare programs.This is not the first time I've said as much, and it once prompted a reader named Pat to write in with the following resp...Read More

Are you counting on a big tax refund to help with expenses this year?Better call your accountant or double check your return - because you might be among the many Americans who will be extremely disappointed with their tax refunds this year.According to the IRS, American tax refunds so far are coming in 8.7% lower than last year. The media has been running with this story, coming up with frantic h...Read More

With Barrick Gold's (TSX: ABX; NYSE: GOLD) hostile takeover bid for Newmont Mining (NYSE: NEM) and the scrutiny of both companies' assets in Nevada, Gold Standard Ventures' (TSXV: GSV) Railroad project in the state is "increasingly an attractive potential target," mining analysts at Macquarie Research claim in a recent research note."Gold Standard Ventures has the largest undeveloped oxide gold de...Read More

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpBeloved son and heir is moving along...Read More