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
Metso has opened a new Competence Center for mining in China (CCC). Located in Hunan province in central China, the center focuses on developing and manufacturing solutions for the fast-changing Chinese mining market.We sat down with the head of the CCC, Yiqiang Zhang, and asked him to tell a bit more about the center and his views on the mining industry in China.Why was the CCC established and wh...Read More
A tough financing environment has remained pervasive despite the talk of how bare the reserve cupboards are.Read More
A stronger US dollar saw the gold price ease and took the shine off gold equities.The gold price has lost US$10 an ounce on the spot market since this point yesterday, trading just over $1,303/oz earlier.Base metal futures were mixed in Asian trade this afternoon, while iron ore is around a two-year high - above US$86 per tonne as Vale's production was further curtailed with a key operating licenc...Read More
Time for a change of scenery, I’m writing to you all from Bali now. After spending over 4 months in the Philippines, I thought I was due for a change of pace, but as usual per this time of year, I wanted to stay in warmer territories.I’m still in the same timezone, though, so really not too much has changed at all… If anything, I’m probably more convinced than ever just how...Read More
Chemesis acquires IP, equipment for weed extraction2019-02-07 06:42 ET - News ReleaseMr. Edgar Montero reportsCHEMESIS INTERNATIONAL INC. ACQUIRES INTELLECTUAL PROPERTY FOR HIGH-QUALITY CANNABIS EXTRACTIONChemesis International Inc. has acquired intellectual property (IP) and the physical equipment for an extraction methodology to preserve all of the phytocannabinoids and terpenes from cannabis ut...Read More
Full Article: SWOT Analysis: Fastest Rate of Central Bank Gold Buying Since 1971By: Frank HolmesStrengthsThe best performing metal this week was gold, up 1.11 percent. Gold traders were bullish on the outlook for a 12th straight week and the most bullish in five weeks, according to the weekly Bloomberg survey. The yellow metal is up more than 2 percent for the year and is set for a fourth monthly...Read More
(IDEX Online) - Eli Avidar, CIBJO Vice President, has resigned his position at the World Jewellery Confederation, announcing that he plans to run for national political office during the parliamentary elections for the Israeli Knesset which will take place on April 9. "Five years ago I had the honor and the privilege to be invited to join the CIBJO Board of Directors by the President, Dr. G...Read More
(IDEX Online) - HRD Antwerp has graded what it says is the world's first ring that is entirely made from a lab-grown diamond made by Dutch Diamond Technologies (DD). 'Project D', DD's name for the ring, took a year to manufacture and was created in honor of the company's 10th anniversary, HRD said. "The ring was made from a large piece of a 155-carat rough CVD lab-grown diamond whic...Read More
(IDEX Online) - Gem Diamonds reported an average price of US$2,131 per carat for 2018, up 10% from US$1,930 per carat in 2017. The company said that demand and prices for its large, high-quality white rough diamonds from its Let??eng mine in Lesotho have remained firm. Following the end of the end of its fourth quarter on December 31, strong pricing was achieved at its first tender o...Read More
Relatively stable carat recovery and sales contributed to a strong performance for LSE-listed Gem Diamonds in the fourth quarter ended December 31.Gem on Thursday reported that it had recovered three diamonds larger than 100 ct at its Letšeng mine, in Lesotho, during the quarter, taking the number of diamonds larger than 100 ct recovered during 2018 to 15 – a record for the company.A...Read More
(IDEX Online) - ALROSA held its first auction this year for special size (over 10.8 carats) rough diamonds in Israel. The company sold 92 large rough diamonds with a total weight of 1,570 carats. The overall revenue from sales amounted to $9.6 million. Firms from Israel, Russia, Hong Kong, Belgium, India, the United Arab Emirates and the United States participated in the auction, the miner...Read More
(IDEX Online) - Signet Jewelers Limited announced three new agency partners to improve the effectiveness of its investments in advertising and marketing, and in support of the three strategic priorities of its Path to Brilliance transformation plan - Customer First, OmniChannel, and a Culture of Agility and Efficiency. "Our newly announced agency partners will contribute to Signet's Path to...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipMachine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesIt said South32's $1 million was in addition to the $30 million the ASX-listed miner had already paid to maintain the option to form a 50/50...Read More
Machine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin mining"If you're thinking about going to the bathroom, don't, because we're going to make an announcement in the middle of this presentation," Friedland...Read More
A crucial theme from last year is continuing into this year - stock buybacks. Last year was a banner year for companies buying back their own shares. A month into 2019, it appears that Wall Street is set to continue that trend.Last year, U.S. companies announced a whopping $1.1 trillion worth of buyback plans. Armed with extra cash from favorable corporate tax policy enacted in 2017, they enthusia...Read More
I believe that there is a very realistic chance that the shares of alternative asset manager KKR & Co. can triple over the next five years.I also believe that there is very little downside risk from buying those shares today.This makes KKR & Co. the kind of low risk, high reward investment opportunity that we are always searching for but don’t often find.Let me explain this compellin...Read More
The following is a release by the Silver Institute, a Washington, D.C.-based non-profit association that draws its international membership from across the breadth of the silver industry, including silver miners, refiners, bullion suppliers, manufacturers of silver products and wholesalers of silver investment products. For more information, visit www.silverinstitute.org.Last year, the silver mark...Read More
Simon Moores, managing director of battery minerals advisory firm Benchmark Mineral Intelligence, appeared before a U.S. Senate committee for energy and minerals on Feb. 5, 2019, to once again sound the alarm on the lack of a domestic supply chain in the U.S. for the battery minerals lithium, cobalt, nickel and graphite. (With Tesla's Gigafactory in Nevada being a notable exception.)The podcast pr...Read More
Machine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningReceived wisdom tells us it is possible to have too much of a good thing.Read More
Machine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningSo, explaining risks, encouraging realistic expectations and managing the associated disclosure obligations should be a core competence of anyone o...Read More