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
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On Tuesday, I got the chance to ride in a self-driving car — an opportunity only a handful of people in the world have experienced.As I stood outside the Las Vegas Convention Center, home to the Consumer Electronics Show (CES), I hailed a 4.4 mile Lyft to the Aria Hotel.But what started as an ordinary ride soon turned extraordinary with a single pop-up asking if I wanted to try out a self-dr...Read More
Should women be allowed to take off their shirts in public?Men can do it without legal restrictions. And although it may not seem like a big deal, it is one of those lingering inequalities that give fodder to otherwise over-the-top feminist movements.It would be better to fix the few actual inequalities that still exist.Women around the world participate in the “free the nipple” moveme...Read More
(IDEX Online) - The Diamond Development Initiative (DDI) is marking 10 years of efforts to transform artisanal diamond mining into an economically viable, socially and environmentally responsible activity to benefit miners, their communities and their governments, and consequently, the diamond and jewelry industry. Through DDI's innovative and effective programming, more than 200,000 miners...Read More
(IDEX Online) - Jewelers of America (JA) has praised the United States Supreme Court decision to take up South Dakota's petition to the Court to re-consider the Quill decision from 1992. That decision established the current system under which states are prohibited from collecting sales and use taxes from sellers that do not have a physical presence in-state, leading to the current uneven...Read More
(IDEX Online) - Angolan President Jo??o Louren??o has signed a decree permitting the redistribution of a 16.4% stake in Angola's Catoca Ltd Mining Co to Wargan Holdings Limited that is 100% owned by ALROSA. At a later stage, a 16.4% stake in Catoca will be equally distributed between ALROSA and ENDIAMA E.P., Angola's state-owned national diamond mining company. The decree...Read More
(IDEX Online) - The International Gemological Institute (IGI) announced that IGI - North & South America has been granted re-certification by the Responsible Jewellery Council (RJC) against its 2013 Code of Practices. The New York-based organization attained this designation by meeting the highest ethical, social and environmental standards as established by the RJC. RJC member...Read More
(IDEX Online) - The International Colored Gemstone Association (ICA) has announced that the ICA-organized Gemstone Industry & Laboratory Conference (GILC) will be holding a discussion on color nomenclature and origin on January 29 at the Tucson Gem Show. After an introduction by newly elected ICA President, Clement Sabbagh, the main topics of discussion will center on color nomenclature...Read More
Should women be allowed to take off their shirts in public?Men can do it without legal restrictions. And although it may not seem like a big deal, it is one of those lingering inequalities that give fodder to otherwise over-the-top feminist movements.It would be better to fix the few actual inequalities that still exist.Women around the world participate in the “free the nipple” moveme...Read More
Should women be allowed to take off their shirts in public?Men can do it without legal restrictions. And although it may not seem like a big deal, it is one of those lingering inequalities that give fodder to otherwise over-the-top feminist movements.It would be better to fix the few actual inequalities that still exist.Women around the world participate in the “free the nipple” moveme...Read More
Two tankers can turn off their transmitters, rendezvous in secret and transfer the cargo.Read full newsRead More
Study finds most Americans can't calculate interest payments.Read full newsRead More
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A helicopter carrying employees of an Indian oil company to an off-shore rig in the Arabian Sea crashed Saturday, killing five people and leaving another two missing, the navy said.Read full newsRead More
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...mobs of hungry Venezuelans have started looting supermarkets and slaughtering cattle in the open to survive...Read full newsRead More
The Chinese capital's success upends the assumption that the Communist Party will always put the economy ahead of the environment.Read full newsRead More
Iran said on Saturday it would retaliate against new sanctions imposed by the United States after President Donald Trump set an ultimatum to fixRead full newsRead More
Once the president gives a reprieve to the nuclear pact, lawmakers are facing an uphill effort to get hawks on board.Read full newsRead More
A new survey from LendEDU reveals that a staggering number of Americans are making BitCoin purchases on their credit cards...what could go wrong?Read full newsRead More