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) - Signet Jewelers Limited the world's largest retailer of diamond jewelry, said that same store sales (SSS) decreased by 5.3 percent, while total sales decreased by 3.1 percent in the 9 week holiday season ended December 30.   The jeweler said that the implementation of strategic priorities drove double-digit eCommerce growth overall, while SSS increased by 4.0 percent at t...Read More

(IDEX Online) - The second edition of CARAT+, will take place at the Antwerp Expo from May 6 to 8. The fair will have new features and will welcome leading industry professionals from across the globe, the organizers said in a statement.   The CARAT+ was launched last year and featured 130 exhibitors from 13 countries. The debut event attracted 3,000 visitors from 33 global markets.   Th...Read More

(IDEX Online) - Sarine has introduced what it calls an added-value upgrade for existing or new DiaExpert platforms - the DiaExpert Edge - for increased rough diamond planning accuracy, efficiency and yield.   "The very first step necessary for a rough diamond's automated evaluation and planning is its accurate three-dimensional modeling. As a rough diamond is not a smooth uniform object,...Read More

(IDEX Online) - Environmental, as well as social and economic responsibility in the jewelry sector will be the focus of a seminar scheduled for Monday, January 22, 2018, during the VICENZAORO January 2018 jewelry trade show in Vicenza, Italy. Titled "Green and Blue Jewellery, Environmentally Sustainable Luxury," it is being organised by CIBJO, the World Jewellery Confederation, and the Italian Exh...Read More

SHANGHAI, Jan 10 (SMM) – Nonferrous metals were mixed today with SHFE nickel up over 1% and tin up 0.67%. While aluminium edged up slightly, SHFE lead and zinc were down 0.51% and 0.69% respectively.  Ferrous metals weakened this afternoon even though rebar and hot-rolled coil were still up at closure. Coke and coking coal saw drops of 3% and 2% respectively, while iron ore edged down s...Read More

SHANGHAI, Jan 10 (SMM) – Nonferrous metals were mixed today with SHFE nickel up over 1% and tin up 0.67%. While aluminium edged up slightly, SHFE lead and zinc were down 0.51% and 0.69% respectively.  Ferrous metals weakened this afternoon even though rebar and hot-rolled coil were still up at closure. Coke and coking coal saw drops of 3% and 2% respectively, while iron ore edged down s...Read More

SHANGHAI, Jan 10 (SMM) – Nonferrous metals were mixed today with SHFE nickel up over 1% and tin up 0.67%. While aluminium edged up slightly, SHFE lead and zinc were down 0.51% and 0.69% respectively.  Ferrous metals weakened this afternoon even though rebar and hot-rolled coil were still up at closure. Coke and coking coal saw drops of 3% and 2% respectively, while iron ore edged down s...Read More

China’s producer price index (PPI) in December rose 4.9% from the same month a year ago, higher than the expectation at 4.8%. The growth in December, however, was lower than the 5.8% seen in November.The country’s consumer price index (CPI), on the other hand, rose 1.8% in December, below the expectation at 1.9%. But this is higher than the growth in November at 1.7%.  T...Read More

China’s producer price index (PPI) in December rose 4.9% from the same month a year ago, higher than the expectation at 4.8%. The growth in December, however, was lower than the 5.8% seen in November.The country’s consumer price index (CPI), on the other hand, rose 1.8% in December, below the expectation at 1.9%. But this is higher than the growth in November at 1.7%.  T...Read More

SHANGHAI, Jan 10 (SMM)? 1/4 ? SMM believes the LME zinc price may stay on its current upward-moving track with historical low inventory and demand from the reconstruction activities in the US. However, we also see irrational factors supporting the price rise and potential risks ahead.With stronger LME zinc price but a weaker SHFE contract, there is limited room for marginal supply to go lower wher...Read More

SHANGHAI, Jan 10 (SMM)? 1/4 ?Copper: There is still room for downward movement for copper prices and we see LME copper likely to trade towards the $7,000/mt level. We expect the LME contract to trade at $7,070-7,130/mt today and the SHFE contract at 54,400-54,900 yuan/mt. Spot premiums are to rise to 30-80 yuan/mt today.Zinc: LME zinc began to slip after touching $3,400/mt and we expect it to trad...Read More

SHANGHAI, Jan 10 (SMM)? 1/4 ?Copper: There is still room for downward movement for copper prices and we see LME copper likely to trade towards the $7,000/mt level. We expect the LME contract to trade at $7,070-7,130/mt today and the SHFE contract at 54,400-54,900 yuan/mt. Spot premiums are to rise to 30-80 yuan/mt today.Zinc: LME zinc began to slip after touching $3,400/mt and we expect it to trad...Read More

China’s producer price index (PPI) in December rose 4.9% from the same month a year ago, higher than the expectation at 4.8%. The growth in December, however, was lower than the 5.8% seen in November.The country’s consumer price index (CPI), on the other hand, rose 1.8% in December, below the expectation at 1.9%. But this is higher than the growth in November at 1.7%.  T...Read More

SHANGHAI, Jan 10 (SMM)? 1/4 ?Copper: There is still room for downward movement for copper prices and we see LME copper likely to trade towards the $7,000/mt level. We expect the LME contract to trade at $7,070-7,130/mt today and the SHFE contract at 54,400-54,900 yuan/mt. Spot premiums are to rise to 30-80 yuan/mt today.Zinc: LME zinc began to slip after touching $3,400/mt and we expect it to trad...Read More

Published on: Jan 10, 2018 | by finfeedThe start to the New Year has been a positive one for junior gold explorer Kairos Minerals (ASX:KAI), on the back of strong drilling results at Mt York published in late December 2017.According to KAI's latest announcement, lab results from its Croydon Project have confirmed the presence of widespread gold.Following geochemical testing, KAI has reported that...Read More

Subscribe, rate and follow us on SoundCloud, iTunes, YouTube, Google Play, Stitcher or RSS Feed!We’re getting you ready for mining conference season with updates on the biggest trends and hottest topics in the industry!This week Matt digs into the recent buzz around molybdenum (8:05) and vanadium (10:00). We break down notes from BMO Capital Markets on the supply-demand fundamentals f...Read More

The Democratic Republic of Congo may soon more than double the tax mining companies operating in the country pay on exports of cobalt, a key component in the lithium-ion batteries that power electric cars and mobile phones.The African nation, responsible for about two thirds of global cobalt output, has been evaluating the measure since last month, when a major revision to the 2002 mining code was...Read More

The government of Boungaville, an autonomous region in Papua New Guinea, has set an indefinite freeze on plans to restart mining at one of the world's biggest open-pit copper operations, shut by a civil war in 1989.Authorities fear the reopening of Panguna mine, donated by Rio Tinto in 2016, could open old wounds, as landowners voted last month on whether or not Bougainville Copper Limited (BCL) -...Read More

Lithium exploration and development company Bacanora Minerals (TSX-V, LON:BCN) scored big on Wednesday as it has secured an exploration licence for a previously mined deposit of the world's lightest metal in Germany.The Falkenhain lithium deposit, in the German state of Saxony, is located about 5 km from Bacanora's 50%-owned Zinnwald project. With the new licence the company has the potentia...Read More

Shares in gold miner Centamin (TSX:CEE) (LON:CEY) shot up more than 6% Wednesday after the company published fourth-quarter results that slightly exceeded full-year production guidance, and vowed to lift output again in 2018.The Egypt-based company generated 544,658 ounces of gold in 2017, compared to the expected 540,000 ounces. Centamin is now targeting 580,000 ounces in production for 2018, up...Read More