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

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe Toronto-based company said the step was part one of a staged expansion plan outlined in a July 2018 preliminary economic assessment aimed at increasing the production rate to 5,000t/d by 2020.Installation of a refurbished mill, a 1,250kv electrical substation, secondary crusher and a hydrocyclone cluster that allows f...Read More

Silvercrest Metals (TSXV: SIL; NYSE: SILV) continues cutting high grade mineralization at its Las Chispas silver property in Sonora, Mexico.The latest results from a phase three infill drill program at the property included 9.3 metres grading 39.66 grams gold and 3,361 grams silver, or 6,336 grams silver equivalent, from 194 metres downhole and 2.4 metres at 4.3 grams gold and 1,571.5 grams silver...Read More

Silver has rallied in recent weeks following gold higher after a poor performance during the second half of 2018. While the white metal has firmed to see it down by only 8% over the last year, many silver miners have yet to rally. One that's has been heavily marked down by the market because of silver's 2018 price collapse and its own internal problems is Great Panther Silver Ltd. (TSX:GPR)(NYSEMK...Read More

Being a commodity producer is tough. Many savvy investors contend that over the long term, very few if any actually make an economic profit. Sure, there's money to be made, but time and time again, investors have been fleeced while management teams have lined their pockets.The story is almost always the same for miners. Regulatory uncertainties and massive investment costs constantly throw wrenche...Read More

Westhaven Ventures, a British Columbia gold explorer that had a good year with the drill bit in 2018, topped the table of Canadian-listed mining equities with its standout 733% share price gain for the year.It was the best of a long list of juniors (sub-US$100 million market cap) that made up more than 70% of this top-100 compilation.Leaders among the bigger, mid-tier companies included Brazil van...Read More

Drilling for lithium brine at Pure Energy's Clayton Valley property, Nevada. Photo courtesy GeoXplor Corp.Pure Energy Minerals Ltd. [PE-TSXV; PEMIF-OTCQB] said Thursday January 10 that it has received a water right to extract lithium-bearing brine needed for the operation of a planned pilot plant at its flagship Clayton Valley project in Nevada.Pure Energy shares jumped 34.78% or $0.04 to 15.5 cen...Read More

The 127-carat diamond recovered from Lucara's Karowe Mine in Botswana. Source: Lucara Diamond Corp.Lucara Diamond Corp. [LUC-TSX, LUCRF-OTC] said Thursday January 10 that it has recovered a 127-carat top-white gem diamond from its 100%-owned Karowe diamond mine in Botswana.Since mining began at Karowe in 2012, a total of 129 diamonds in excess of 100 carats have been recovered, 33 in 2018 alone. T...Read More

(IDEX Online) - IDEX Online has launched the 2019 edition of its much-anticipated annual Trade Fair Guide.   The guide provides extensive details regarding a wide range of trade fairs taking place this year, including dates, venues and contact information.   It also provides information relating to De Beers' sales dates in 2019, and ALROSA's dates for publishing details of its...Read More

(IDEX Online) - Diamond Foundry, the manufacturer of lab-grown diamonds, said it raised its prices by an average of 15% across all channels as of January 1.   "After careful monitoring of the market situation over the past months, we see demand increasingly outpacing supply," the firm said in a statement. "This is due to the increase in size and frequency that buyers in the diamond industry a...Read More

(IDEX Online) - Tiffany & Co. plans to share information on a diamond's complete journey through the supply chain - from mine to where it was cut and polished - by 2020 in what the retailer says would be an industry first.   The move is part of the firm's aim of telling customers where its diamonds come from in a bid to boost consumer confidence by increasing its business transparenc...Read More

Kyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalIn releasing its December quarter production results yesterday, the miner said it had exceeded its updated gold guidance, while copper production was in line with forecasts.Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe wire service quoted Collahuasi CEO Jorge Gómez telling reporters at an event in Santiago that it was seeking synergies with operations in the Tarapaca area, including sharing pipe and power lines and potentially desalinated water as water shortages were becoming an issue."It does not make much sense that two companies so...Read More

Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutThe idea that two otherwise identical companies can produce divergent investment returns simply through differing numbe...Read More

Lucara sells large diamonds for US$32.5mPrecious stonesMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsIn 2014 China invested more than US$239 billion in oil and gas and mineral exploration; that same year, private investment in US explorati...Read More

Last year yielded positive results for Aim-listed diamond miner BlueRock Diamonds, which achieved significant increases in production and recovered grade, and saw its diamond sales increase by 71% to 5 805 ct, compared with the 3 385 ct sold in 2017.Production volume for the miner, which owns and operates the Kareevlei diamond mine, near Kimberley, increased by 24% to 189 999 t, compared...Read More

We took command of The Daily Reckoning fully aware of the bodily risk, reduced here to words by our co-founder Bill Bonner:In our trade as newsletter publishers, hardly a day passes without a good laugh. Our only occupational hazard is a rupture of the midriff.Each day tosses up a fresh roster of fools, scoundrels, frauds, knaves, rogues, ne'er-do-wells, world improvers, lunatics and pitchmen.Some...Read More

Mark my words: this will be the year that marijuana breaks into the mainstream...The last few years have been filled with fits and starts, but it's high time that cannabis takes its seat as the most profitable new business sector since the tech boom.Last year started with legalization hitting California, making it the largest North American market.We watched as more conservative states like Utah a...Read More

2018 was a record-setting year for Kirkland Lake Gold as the miner produced 723,477 ounces of gold, up 21 percent from 2017.Read full newsRead More

Big moves will be there in metals, energies and the US dollar Index only after the outcome of US-China trade talks are known. Till then, the consolidation phase will be there. Focus of the world in on a Chinese slowdown. Long term metal investors are on the sidelines as they expect slower and lower Chinese demand. If the trade talks succeed and all issues comes to an end once and for all, then a...Read More

Big moves will be there in metals, energies and the US dollar Index only after the outcome of US-China trade talks are known. Till then, the consolidation phase will be there. Focus of the world in on a Chinese slowdown. Long term metal investors are on the sidelines as they expect slower and lower Chinese demand. If the trade talks succeed and all issues comes to an end once and for all, then a...Read More