The precious metals all soared in 2025, and while a continued monetary expansion and geopolitical risk could still drive gains especially for gold in 2026, a pullback in silver, platinum and palladium is possible after recent partly speculative surges.Read More
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
Shares in Canada's First Quantum Minerals (TSX:FM) were up after announcing that it has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.Underwritten by three core relationship banks, the loan can be increased to up to $3 billion before the end of year, the Vancouver-based miner said. It comprises a $1.5-billion term-loan facility and a $1...Read More
Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
Following the review of historical data that indicate copper and silver grades are open in all directions at the Engels project in northern California, Crown Mining (TSXV: CWM) announced this week its decision to increase its land package in the area.In a press release, the Toronto-based company said that it has staked an additional 35 new federal mining claims adjacent to Engels, all of which are...Read More
First Division Ventures (CSE: FDIV) announced this week that it has entered into an Assignment and Property Option Agreement with Geoxplor Corporation of Arizona, for the option to acquire a 100% interest in the Temple Mountain property in Utah.In a media statement, First Division said Temple Mountain occupies 435 hectares and is located in Emery county, 34 kilometres north of the town of Hanksvil...Read More
First Division Ventures (CSE: FDIV) announced this week that it has entered into an Assignment and Property Option Agreement with Geoxplor Corporation of Arizona, for the option to acquire a 100% interest in the Temple Mountain property in Utah.In a media statement, First Division said Temple Mountain occupies 435 hectares and is located in Emery county, 34 kilometres north of the town of Hanksvil...Read More
Last year was a momentous one for Africa-focused Gem Diamonds (LON:GEMD), as it recovered a record number of huge precious stones from its flagship Let??eng mine in Lesotho, the world's highest-dollar-per-carat diamond mine.In Q4 2018, the company recovered three of the 15 diamonds over 100 carats - a new record for the London-based miner.The most important one, the 910-carat "Lesotho Legend",...Read More
Last year was a momentous one for Africa-focused Gem Diamonds (LON:GEMD), as it recovered a record number of huge precious stones from its flagship Let??eng mine in Lesotho, the world's highest-dollar-per-carat diamond mine.In Q4 2018, the company recovered three of the 15 diamonds over 100 carats - a new record for the London-based miner.The most important one, the 910-carat "Lesotho Legend",...Read More
The wave of consolidation sweeping the gold mining sector is for now passing the...Read full newsRead More
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country's largest gold producing mines.The new licence, effective from March 21, is valid until 2034, in line with Lefa's current life-of-mine.Nordgold, which spun off of Russian steelmaker Severstal i...Read More
Russian miner Nordgold (LON:NORD) has received a fresh 15-year mining permit for its Lefa mine in Guinea, where it plans to invest more than $360 million to continue developing the asset, one of the country's largest gold producing mines.The new licence, effective from March 21, is valid until 2034, in line with Lefa's current life-of-mine.Nordgold, which spun off of Russian steelmaker Severstal i...Read More
HighlightsDRA has entered into a merger agreement with SENET, a leading African project management and engineering firm to create one of the largest project delivery and operations management companies on the continent.SENET specialises in mineral processing project delivery and has successfully delivered gold, copper, cobalt, uranium, and iron ore projects throughout Africa. The complimentary mer...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