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

One of the most disappointing things I face as a college professor is the lack of understanding most students have regarding capitalism. The simple fact is, despite its importance to our daily lives, relatively few people have a strong grasp of what causes economic growth and why markets are so central to continuously rising standards of living.In my teaching, I have encountered several myths or...Read More

Full Article: The Holy Grail of InvestingBy: Bob MoriartyA major low in the price of precious metals this way cometh.I remember clearly the first time someone informed me that all markets were manipulated. It was just after my mom told me that the sun rises in the east. When I realized everything was manipulated; there are no free markets, I was so mad I kicked the slats out of my cradle.Full A...Read More

The resource estimate was subdivided into the upper polymetallic zone and the lower copper zone, with the latter's high-grade inferred mineral resource at 1.1 million tonnes at 1.1% copper and 13g/t silver containing 26 million pounds (11,793.4 tonnes) of copper and 460,000 ounces of silver at a 0.5% copper cut-off grade.The upper zone's inferred mineral resource includes a high grade domain of 75...Read More

That was the key message of a panel session at ResourceStocks Sydney Thursday featuring PCF Capital Group managing director Liam Twigger, Resource Capital Funds' Joe Bishop, Cardinal Resources director Robert Schafer and Lion Selection Group's Hedley Widdup.Read More

It said the target was an alluvial plain on Rico Creek, which drained the giant Paracatu gold deposit owned by Kinross.Kinross took full ownership of the long-life mine, also known as Morro do Ouro, in December 2004 and it produced 359,959 gold-equivalent ounces last year."Our multifactorial analysis had predicted a high probability for gold in this mineral right, and now drilling has confirmed it...Read More

The deal involves 62.6 million class A shares in SQM at $65 per share, although Nutrien will keep its 20.2 million class B shares for the moment before divesting them in due course.Read More

(IDEX Online) - Global consumer demand for diamond jewelry hit a new all-time high in 2017, climbing to $82 billion, a 2% increase on the previous year, according to industry insight data published by De Beers Group.   The US was the main driver of growth for the fourth consecutive year, where positive macroeconomics and strong consumer confidence saw demand for diamond jewelry increase 4% to...Read More

JOHANNESBURG (miningweekly.com) – Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to $82-billion, a 2% increase on the previous year, according to industry insight data published by De Beers on Thursday.The US was the main driver of growth for the fourth consecutive year, where positive macroeconomics and strong consumer confidence saw demand for diamon...Read More

It said the dividend was in accordance with its policy of distributing at least 15% of annual net profit after tax and would be paid on June 20.Read More

(IDEX Online) - ALROSA CEO Sergey Ivanov has held a business meeting with the Chair of the Kimberley Process (KP), Hilde Hardeman, during her visit to Moscow.   Hardeman and Ivanov discussed the agenda of the European Union's (EU) chairmanship of the KP this year, prospects of the further development of the KP and the improvement of the KP Certification Scheme, ALROSA said in a statement...Read More

Martin Place Securities executive chairman Barry Dawes told the inaugural ResourceStocks Sydney conference this week  that "the copper price has got to go much higher as we go forward" - referring to recent data and bullish assessments from red metal majors.In the US, the S&P500 metals and mining sector gained 2.62% yesterday, largely due to copper producer Freeport-McMoran's (NYSE: FCX)...Read More

(IDEX Online) - Stephane Fischler, acting president of the World Diamond Council (WDC) and Marie-Chantal Kaninda, executive director of the WDC, traveled last week to the Democratic Republic of Congo (DRC) to meet with key stakeholders involved in the Kimberley Process (KP).   Fischler and Kaninda met with the chair of the Working Group on Artisanal and Alluvial Production (WGAAP), the Minis...Read More

While a series of shallow RC drill intercepts of nickel and cobalt have validated previously held views about the extensive supergene resource potential along the interpreted ultramafic stratigraphy (and 15km of strike) at Quicksilver - putting the company on a course to post a maiden resource for the project later this year - it is the early signs from bedrock contact in drill holes and electroma...Read More

(IDEX Online) - The Israeli diamond industry will again be among the largest international exhibitors at the JCK Las Vegas show (June 1-4) the most important trade show in Israel's number one export market. The Israel Diamond Pavilion, organized by the Israel Diamond Institute (IDI), will feature 34 exhibitors.   This year, however, IDI is planning something new: the Israel Diamond Pavi...Read More

Sienna Resources Inc. [SIE-TSXV; SNNAF-OTCBB; A1XCQ0-FSE] on Thursday May 17 announced encouraging drill results from the recently completed seven-hole, 942-metre drill program at is Slattberg nickel-copper-cobalt project in Sweden. The company said results show significant intercepts of nickel and cobalt mineralization in areas that are along strike and down dip from the historic mine working in...Read More

(IDEX Online) - The Fancy Color Research Foundation (FCRF) reported that fancy color diamond prices showed stability in most categories in Q1 2018, with fancy blue diamond prices rising moderately.   The Fancy Color Diamond Index (FCDI) indicated an overall rise of 0.1% in Q1 2018 for fancy color diamonds across all sizes and saturations.   Continuing their trend from 2017, prices of bl...Read More

The deal will account for less than 25% of Kidman's portion of initial nameplate production for the first three years from the planned refinery that Kidman and lithium heavyweight SQM to build the refinery in Western Australia on a 50:50 basis.Read More

(IDEX Online) - The United Nations Economic and Social Council (ECOSOC) has confirmed the Special Consultative Status held by CIBJO, the World Jewellery Confederation, for the coming four years.   The decision follows CIBJO's successful submission and the acceptance of its Quadrennial Report, covering the period 2014 through 2017.   One of the six main organs of the United Nations,...Read More

SHANGHAI, May 17 (SMM) – The nonferrous complex closed higher except for SHFE zinc that dropped close to 1%. SHFE aluminium rose close to 1%, copper, lead, nickel and tin inched up.The ferrous complex saw mixed trading. Coking coal lost 1.9% while coke and iron ore closed slightly lower. Hot-rolled coil gained over 1% and rebar edged up.Copper: The SHFE 1807 contract was dragged down by...Read More

SHANGHAI, May 17 (SMM) – The nonferrous complex closed higher except for SHFE zinc that dropped close to 1%. SHFE aluminium rose close to 1%, copper, lead, nickel and tin inched up.The ferrous complex saw mixed trading. Coking coal lost 1.9% while coke and iron ore closed slightly lower. Hot-rolled coil gained over 1% and rebar edged up.Copper: The SHFE 1807 contract was dragged down by...Read More