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

Full Article: Gold 2048By: World Gold CouncilGold 2048 brings together industry-leading experts from across the globe to analyse how the gold market is set to evolve in the next 30 years.Key insights from authors such as George Magnus, senior economist; Rick Lacaille, Global Chief Investment Officer of State Street Global Advisors; and Michelle Ash, Chief Innovation Officer at Barrick Gold inclu...Read More

(IDEX Online) - CIBJO's 2018 annual congress will take place in Bogot??, Colombia, October 15-17, with pre-congress meetings beginning on October 13.   The congress is being hosted by Fedesmeraldas, the National Federation of Emeralds of Colombia, and CDTEC, Colombia's leading gemological institute.   Immediately prior to the event, from October 12 to 14, Fedesmeraldas will al...Read More

Diamond producer De Beers reported an increase in rough diamond sales to $550-million for the fourth sales cycle of this year.This is compared with rough diamond sales of $522-million in the fourth cycle of 2017 and sales of $524-million in the third cycle this year.Advertisement“In the fourth sales cycle of the year, De Beers saw robust demand for rough diamonds, reflecting continued strong...Read More

Many questions remain to be answered, of course, about how effectively different companies, boards and agendas (and stakeholder groups) can combine to deliver sustainable outcomes in the "soft" areas Schafer spoke about at the ResourceStocks Sydney 2018 conference, including early community and government relations work that leads into life-of-project corporate social responsibility programs and u...Read More

(IDEX Online) - De Beers sold rough diamonds with a provisional value of $550 million in the fourth sales cycle (Global Sightholder Sales and Auction Sales) of 2018.   The miner reported confirmed sales of $524 million in the third cycle compared with a provisional figure of $555 million.   Bruce Cleaver, CEO, De Beers Group, said: "In the fourth sales cycle of the year we saw robust dem...Read More

Palisade Research May 22, 2018 Category: Research The latest gold company that is offering exciting opportunity is Steppe Gold (TSX:STGO).And it just began trading publicly today – valued at an C$86 Million Market Cap. . .Steppe Gold is an an advanced stage gold developer that expects to be in production by late 2018. Their flagship project is The ATO Project - which is in Mongolia.The ATO...Read More

LSE-listed Gem Diamonds has recovered a 115 ct, top white colour Type IIa diamond from the Letšeng mine in Lesotho, the highest dollar per carat kimberlite diamond mine in the world. This is the ninth diamond of over 100 ct recovered at the mine this year, already exceeding the total number of diamonds of over 100 ct recovered in 2017.AdvertisementTo watch Creamer Media's latest video...Read More

The company said its recent consolidation, through options, purchase agreements and strategic staking, was the "first time since gold was discovered here in the late 1890s that this land has been under single management".It is planning a 6,000m diamond drilling programme to start next month.Margaux said the district had historic production of 785,000 ounces at an average grade of 14.4g/t gold and...Read More

SHANGHAI, May 22 (SMM) – Nonferrous metals futures saw mixed trading on Tuesday May 22. SHFE lead continued to lead an increase of over 2%, and copper and tin edged up. SHFE zinc lost 1.3%, aluminium dropped over 1% and nickel slid close to 1%.The ferrous complex registered another day of weak performance. Iron ore fell 2.6%, coke dropped over 2%, rebar slid over 1%, hot-rolled coil los...Read More

SHANGHAI, May 22 (SMM) – Nonferrous metals futures saw mixed trading on Tuesday May 22. SHFE lead continued to lead an increase of over 2%, and copper and tin edged up. SHFE zinc lost 1.3%, aluminium dropped over 1% and nickel slid close to 1%.The ferrous complex registered another day of weak performance. Iron ore fell 2.6%, coke dropped over 2%, rebar slid over 1%, hot-rolled coil los...Read More

SHANGHAI, May 22 (SMM) – Nonferrous metals futures saw mixed trading on Tuesday May 22. SHFE lead continued to lead an increase of over 2%, and copper and tin edged up. SHFE zinc lost 1.3%, aluminium dropped over 1% and nickel slid close to 1%.The ferrous complex registered another day of weak performance. Iron ore fell 2.6%, coke dropped over 2%, rebar slid over 1%, hot-rolled coil los...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa has recovered a 25 ct yellow gem diamond from its Mothae kimberlite mine, in Lesotho.The ASX-listed company noted that the stone was recovered from the Neck zone of the Mothae kimberlite, which was not part of the current one-million carat Joint Ore Reserves Committee-compliant resource.AdvertisementThe 25 ct diamond was recovered within the fi...Read More

The investors putting in A$11 million (US$8.35 million) are paying 3c per share, with Titan's ambitions entailing use of a combination of plants with combined capacity of 415,000 tonnes per annum.Read More

SHANGHAI, May 22 (SMM) – China invested 99.3 billion yuan in power grid projects in the first four months of this year, down 24.1% year on year, according to data from the China Electricity Council.Planned investment in 2018 by the State Grid is 7.1% higher than in 2017. Thus, SMM expects investment in power grid projects to grow the rest of the year. For editorial queries, please...Read More

SHANGHAI, May 22 (SMM) – China invested 99.3 billion yuan in power grid projects in the first four months of this year, down 24.1% year on year, according to data from the China Electricity Council.Planned investment in 2018 by the State Grid is 7.1% higher than in 2017. Thus, SMM expects investment in power grid projects to grow the rest of the year. For editorial queries, please...Read More

SHANGHAI, May 22 (SMM) – China invested 99.3 billion yuan in power grid projects in the first four months of this year, down 24.1% year on year, according to data from the China Electricity Council.Planned investment in 2018 by the State Grid is 7.1% higher than in 2017. Thus, SMM expects investment in power grid projects to grow the rest of the year. For editorial queries, please...Read More

It has agreed to issue 44.4 million ordinary shares at 5p each to discretionary asset manager Lombard Odier Asset Management, which already owns a 5.78% share in Rambler.Read More

SHANGHAI, May 22 (SMM) – In China's spot zinc market on Tuesday May 22, traders lowered premiums with the highest offers flat from the previous day. Downstream buyers purchased on demand as supplies were adequate and as the outlook on zinc prices remained bearish, SMM learned. Overall transaction liquidity shrank in Shanghai and stayed flat in Guangdong. The SHFE zinc...Read More

SHANGHAI, May 22 (SMM) – Spot copper was mostly offered at a discount of 90 yuan/mt to flat over the SHFE 1806 contract on Tuesday May 22 in the Shanghai market. This compared with a discount of 50 yuan/mt to a premium of 20 yuan/mt on Monday.Sellers lowered offers from Monday as thin transactions grew supplies.  Offers of standard-quality copper were lowered first in the morning t...Read More

SHANGHAI, May 22 (SMM) – Copper: LME copper stuck between all moving averages with support at the 40-day moving average overnight. It rebounded and closed higher at $6,898/mt after it dipped twice as the US dollar gained and LME copper inventory registered a fourth consecutive day of gain of 1,425 mt. We see it rising to $6,870-6,930/mt today as pressure from shorts let up. Th...Read More