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
Ehud Laniado, a well-known Israeli diamantaire, died last weekend - Saturday, March 1, 2019 - in a clinic in Paris, France where he was to undergo cosmetic surgery. According to the French publication Le Point, the cause of dead was cardiac arrest following a procedural injection in the abdomen. Laniado was the owner of the Mercury Diamonds company. He spent his early years in Africa and later in...Read More
The 63rd Bangkok Gems & Jewelry Fair which was held February 20 to 24, 2019 at Challenger Halls 1-3, IMPACT in the suburban Bangkok. The event welcomed over 14,000 visitors from 118 countries. According to the organizers, the number of foreign visitors was up 5.4 percent compared to 2018. Trade generated at the event was nearly 2.1 billion baht ($66 million). Thailand's Deputy Minister of Com...Read More
The Young Diamantaires group, an international networking group for young diamantaires, held a successful and well-attended get-together in Hong Kong during the recent HKTDC show. The Young Diamantaires group an initiative by Rami Baron, Chair of Promotion Committee of the World Federation of Diamond Bourses (WFDB) "The Young Diamantaires met for an evening of drinks and networking. The vibe was...Read More
HRD NV of Antwerp will begin will issuing laboratory grown diamond jewellery reports. In an online announcement, HRD stated that "...our laboratory has the knowledge and instruments needed to thoroughly analyse your jewellery. Every diamond of the jewellery piece is tested to determine whether it is natural or laboratory grown. If all diamonds set in the jewellery piece are found to be Laboratory...Read More
India's The Enforcement Directorate (ED) announced it had seized "movable and immovable properties located in Mumbai and Surat, having market value of Rs147.72 crore consisting of eight cars, plant and machinery, consignments of jewellery, paintings and immovable property, owned by Nirav Modi and his group companies, namely Firestar Diamond International Private Limited, Firestar International Pri...Read More
The Windhoek Observer reported that the Namibian government is in talks with its eastern neighbour Botswana on the possibility of Namibia becoming a center of diamond polishing in an effort to promote regional industrial integration and development, Mines and Energy Minister, Tom Alweendo was quoted. Namibia has observed how the arrival of De Beers in Gabarone and the resulting job creation have...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 corp"We identified the target after revie...Read More
One of the biggest Social Security mistakes I see people make is claim their benefits too early. According to the Centers for Retirement Research at Boston College, 60% of seniors are applying for social security benefits before full retirement age. If you turned 62 last year, your full retirement age will be 66 years and six months. Full retirement age will continue to increase in two-month inc...Read More
Vancouver-based artificial intelligence (AI) and automation supplier Andritz took home first place during the finale of the 2019 annual installment of Goldcorp's (TSX: G; NYSE: GG) #DisruptMining mining innovation contest held before a live audience of 500 in a nightclub in downtown Toronto on the opening night of the annual convention of the Prospectors and Developers Association of Canada.Andrit...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftThey're questions that ought to keep investors alert as they contemplate high levels of free cash flow across the industry, and ultra-low debt levels in a mining sector seemingly awash in money - butRead More
Lucara sells large diamonds for US$32.5mPrecious stonesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesBut often, the action plans they craft for improving performance are disconnected from the...Read More
He told an audience attending the Red Cloud Klondike Strike Pre-PDAC Mining Showcase in Toronto the time had come for the industry to reflect inwards and change in order to do things differently.Read More
The Department of Mineral Resources' chief inspector of mines David Msiza said 81 fatalities were reported in 2018, a 10% improvement on 2017, but still not at the record low of 73 seen in 2016.Read More
The Orion South diamond project, in central Saskatchewan, has been confirmed to contain a high proportion of rare type diamonds – Type IIa – which account for less than 2% of all natural diamonds mined from kimberlites.A recent study has confirmed that “unusually high” proportions of Type IIa diamonds are present in the Star (26.5%) and Orion South (12.5%) kimberlites, Star...Read More
Barrick Gold (TSX: ABX; NYSE: GOLD) is attempting to "bite off substantially more than it can chew," and has "a poor M&A track record," Newmont Mining (NYSE: NEM) CEO Gary Goldberg said in a conference call listing the many reasons why its board of directors has unanimously rejected Barrick's hostile takeover bid."Barrick's egocentric proposal is designed to transfer value from Newmont shareholder...Read More
So much for Morgan Stanley's oversupply thesis. The prediction is falling flat on its face and the latest debacle in the lithium space is partly to blame for why it's been tough for the mining industry to attract serious investors.Nemaska Lithium (TSX: NMX) (OTC: NMKEF) was poised to become a lithium hydroxide supplier and lithium carbonate supplier to the emerging lithium battery market.It was de...Read More
Farm debt has been rising more rapidly over the last five years, increasing by 30% since 2013Read full newsRead More
A free tool can help traders bank big during the upcoming earnings season. Too many investors let their portfolios slip during the busy holiday season, but this is a huge mistake... especially with the market moving events just around the corner!With the crazy market action investors have been seeing lately, right now is the time to prepare to bank big wins.It's important for investors to positio...Read More
Marijuana companies have mesmerized retail investors, depriving the mining sector of the risk capital that's typically been its "lifeblood." But two mega-deals and a dramatic hostile battle in the gold space may finally give moribund mining stocks a shot in the arm.That's the basic position of TD Securities mining investment bankers, who say current market conditions and historical precedents make...Read More
Marijuana companies have mesmerized retail investors, depriving the mining sector of the risk capital that's typically been its "lifeblood." But two mega-deals and a dramatic hostile battle in the gold space may finally give moribund mining stocks a shot in the arm.That's the basic position of TD Securities mining investment bankers, who say current market conditions and historical precedents make...Read More