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

Peace Through Mutual BenefitIn modern capitalist economies, foreign trade and investments have become all-important. Peace therefore brings unique dividends. As long as China and the USA are at peace, the Chinese can prosper by selling products to the USA, trading in Wall Street and receiving US investments.Trade is the ultimate peacemaker. When two people–or peoples–benefit from one...Read More

(IDEX Online) - Mountain Province Diamonds Inc. recovered a 95-carat diamond from the Gahcho Ku?(C) mine located in the Northwest Territories, Canada.   It is the largest gem quality stone and the fourth-largest stone recovered from the mine since production commenced just under two years ago.   The diamond was included in the fancies and specials parcel acquired by Mountain Province in...Read More

(IDEX Online) - The executive director of the World Diamond Council (WDC), Marie-Chantal Kaninda, has addressed U.S. State Department officials and civil society members on the topic of responsible diamond sourcing and the Kimberley Process.   It was the first time that the WDC presented to the U.S. State Department and supports the WDC's strategy to raise awareness for, and encourage partic...Read More

(IDEX Online) - De Beers will be using Opsydia, an Oxford University venture, to create tiny laser markings on its new lab-grown diamond range, Lightbox Jewellery.   Opsydia creates the markings below the surface of diamonds using high precision lasers, making it economically unviable to attempt to remove them.   They are less than 1/50th of the width of a human hair and so small that...Read More

You all know I like to ramble on this blog… I am very passionate and especially opinionated when I have epiphanies… I guess that can be a good and bad thing… The people who have stuck around for awhile now probably appreciate these diatribes of mine (profanity-laced and all)… And the people who can’t stand me, well, they probably left the building a long time ago̷...Read More

* Company expects to see fruits of past investments in 2019Read full newsRead More

Gold mine owners have polluted a river in Brazil's Tapaj??s basin and placed a price on the heads of resisting Munduruku leaders. A federal raid in May failed to stem the conflict.Read full newsRead More

China's Pengxin International Mining Co Ltd is in advanced talks to buy Indonesian gold and silver mine Martabe from a consortium led by EMR Capital, for about $1.5 billion, the Wall Street Journal reported on Friday, citing sources.Read full newsRead More

Gold mine owners have polluted a river in Brazil's Tapaj??s basin and placed a price on the heads of resisting Munduruku leaders. A federal raid in May failed to stem the conflict.Read full newsRead More

Nexus Gold Corp. (Read full newsRead More

"We are only about half way through the drilling we thought we would have done by now," CEO George Salamis tells Mining Journal in an interview.Read More

Investing.com - Gold prices were lower on Friday, as the U.S. dollar strengthened after a better than expected jobs report.Comex gold futures for June delivery were down 0.48% to $1,293.90 a troy ounce as of 10:33 AM ET (14:33 GMT).Nonfarm payrolls rose by 223,000 in May, according to official data released on Friday. The data was higher than the consensus estimate for the creation of 189,000 jobs...Read More

The Vancouver-based miner, which currently operates the Guanajuato mine complex and the Topia mine, in Mexico, said the bulk sample programme would establish two trial stopes to test two planned mine methods. The company expects to leverage its expertise in developing and operating underground, narrow vein mines in Mexico to advance Coricancha.Read More

Investing.com - Gold prices inched down on Friday, as the U.S. dollar strengthened ahead of the monthly nonfarm payrolls data and trade worries lingered.Comex gold futures for June delivery were down 0.08% to $1,299.10 a troy ounce as of 4:38 AM ET (8:38 GMT).The nonfarm payrolls data, often seen as an indicator of the health of the U.S. economy, is expected at 8:30 AM ET (12:30 GMT). Traders will...Read More

According to RNC CEO Mark Selby, the credit facility provides "tremendous" balance sheet support and flexibility by eliminating the bulk of our debt repayments until May 2019, which will allow the company to unlock significant capital during this period.This will transpire in three ways, namely through the March-announced sale of the Beta Hunt nickel mine in Australia; maximising investments for D...Read More

Nutrien auctioned its remaining 20.17-million B-series shares in SQM on Chile's IPSA stock exchange for 31 000 pesos ($49.05) a share, raising nearly $1 billion.Read More

Self-employed truck drivers walked off their jobs on May 21, demanding a decrease of the diesel price, exemption from certain tolls, as well as a legal and tax reform related to truck driving.Read More

One thing that I’ve learned as an early FI blogger through the years is this — If you want to be liked (and popular), keep churning out and regurgitating the same content that is universally accepted and liked by the masses. Deviate from the road most travelled, and well, you’re going to have your fair share of critics… and doubters.As my friend just shared with me earlier...Read More

You know how missionaries used to run around the globe forcing everyone to be a Christian? And in the process, they destroyed native cultures and traditions?Well, the same thing is happening today with Western “teen culture.” It is being exported around the world with disastrous effects.Manufacturing AdolescencePreindustrial societies mostly exhibit a continuum from childhood to adulth...Read More

(IDEX Online) - ALROSA said it raised $14.5 million from the sale of special size rough diamonds (weighing over 10.8 carats) at auction in Israel.   The Russian miner sold 112 gem-quality lots with a total weight of 1,824 carats. Firms from Israel, Belgium, India, USA and UAE participated in the auction.   "This year's third auction in Israel has concluded with good results and a s...Read More