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

(IDEX Online) - The GIA has announced that Chinese retailer LAELIM Jewelry and Belgian diamond manufacturer IGC Group will pilot GIA's M2M program that allows for complete transparency and traceability of diamonds along the value chain.   It is one of the first instances where a manufacturer and retailer have implemented the M2M program in partnership, the GIA said.   A select number o...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has started commissioning of the 1.1-million-tonne-a-year treatment plant at its Mothae kimberlite diamond mine, in Lesotho.First commercial diamond recoveries are slated for early November.AdvertisementMore than 4 100 ct of diamonds have been recovered from the bulk sampling of areas within the Mothae kimberlite pipe, which had...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resources The headline intercept measured 513.9m from 33m at 0.64% copper and 0.8g/t gold, or 2.15g/t gold-equival...Read More

My specialty is global macroeconomic analysis. I don't usually get too involved in politics, and frankly I'd prefer to avoid the subject altogether.But at certain times politics intrudes on markets and you have to account for it. With the midterm elections coming up in two weeks, it's certainly a very important time right now.Tuesday, Nov. 6, is the date of the U.S. midterm elections that will det...Read More

Here's the lay of the land. The Senate is currently divided between 51 Republicans and 49 Democrats (including two Independents who caucus with the Democrats). A change of two seats in favor of the Democrats will give Democrats control of the Senate under the leadership of Chuck Schumer of New York.Of the 100 Senate seats, 35 are up for election in 2018. Those 35 Senate seats are currently divided...Read More

When the stock market has suffered a couple of really big slides in a row, like it did last week, the financial advice to those who are freaking out is always: Do not look at your account balances. The advice still stands not to change anything in your portfolio-trying to time the market is a fool's errand.In cryptocurrency there's an acronym: BTD (Buy the Dip), meaning now is a good time to buy c...Read More

TSX-listed Lucara Diamond Corp will hold the first diamond sale through its 100%-owned digital sales platform, Clara Diamond Solutions, in November.It has invited a select group of large vertically integrated jewellery houses and global diamond manufacturers to participate in the sale.AdvertisementClara is designed to achieve a sustainable premium over existing sales channels, including tenders an...Read More

(IDEX Online) - Lucara Diamond Corp. said its Clara Diamond Solutions, a 100% owned digital sales platform, will start operations in November with a select group of large vertically integrated jewelry houses and global diamond manufacturers.   Clara is designed to achieve a sustainable premium over existing sales channels, including tenders and long-term supply contracts for sellers, and del...Read More

Back on August 21, 2018, I wrote about the speculative fever that Novo Resources (TSX-V: NVO) had induced.The stock had attracted the attention of retail and institutional investors, and many believed that the company could very well be on the verge of the largest gold discovery in history.I opined that there were too many questions unanswered for me to justify speculating on a company with a mark...Read More

The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold. This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range.Below is a 1-year chart for the Global X Silver Miners ETF, which tracks...Read More

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BRING OFFERS! Rare 5-ac waterfront lot on highest point in McLean. Prime lot, no conservation easement permits unobstructed Potomac River views. Priv road, so no thru traffic. Perfect for exec/politician seeking private estate just mins from DC. Surrounded by multi-mill homes in prestigious McLean neighborhood. 5BR perc cert, approved grading plan, see disclosures.2018 Tax assessment $1,837,000.Re...Read More

The recent massacre of seven people in one of Venezuela's mining regions may confirm that the Colombia guerrilla group ELN is expanding its criminal activities into the south of Venezuela, encroaching on the gold mining territory of local mafias.Read full newsRead More

Shandong Zhaojin Group , one of China's biggest gold miners, is scouring as...Read full newsRead More

Harmony Gold Mining Company Limited (HMY) has been on the move lately as the stock has risen by 9.9% in the past four weeks, and it is currently trading well above its 20-Day SMA.Read full newsRead More

Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More

Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More

Angola's head of presidential security, Minister Pedro Sebastiao, said this weekend that some 380,000 illegal migrants, mostly from the neighbouring Democratic Republic of Congo, have left his country in the past month due to the massive, government-led 'Operation Transparency' which is targeting diamond smuggling.According to Sebastiao, diamonds worth more than $1 million had been seized in the c...Read More

The Yukon Minister of Energy, Mines, and Resources Ranj Pillai said this week at the provincial legislature that Yukon Zinc might sell its Wolverine Mine very soon.According to Pillai, his office has been backing a weeks-long process that involves the sale of the zinc, silver, copper, lead and gold asset to an undisclosed buyer. The mine is located southeast of Ross River. It has been closed since...Read More

The Yukon Minister of Energy, Mines, and Resources Ranj Pillai said this week at the provincial legislature that Yukon Zinc might sell its Wolverine Mine very soon.According to Pillai, his office has been backing a weeks-long process that involves the sale of the zinc, silver, copper, lead and gold asset to an undisclosed buyer. The mine is located southeast of Ross River. It has been closed since...Read More