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

Red Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedGarnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedThe agreement gives BHP the right to earn into three projects in and around the Tim...Read More

Garnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedCompany sources are at a loss where this tale comes from and told this writer "Bristow h...Read More

This week's episode features highlights from Alcoa's Q4 2022 conference call on Jan. 18, 2023. Chief executive officer Roy Harvey explains how high energy costs, China's closure due to zero covid policy, and weak European demand all combined to create a "challenging year" for the company. Harvey expects results for 2023 to depend largely on China's re-opening, as the country is the world's largest...Read More

Has World War III already begun?That's a serious question and deserves serious consideration by investors. A wave of analysts and commentators have warned that the war in Ukraine could spin out of control and escalate into World War III.One variation on that theme is that the war could escalate into a nuclear war with tactical nuclear weapons deployed. Most point a finger at Russia as the party th...Read More

The US firm's missions this year centre on a refinery demonstration that puts its technology to the test in space and a deep space expedition to observe one of its target asteroids, the firm said in aRead More

A second phase would expand throughput to 51,000tpd, ~25% higher than in the 2021 preliminary economic assessment (PEA).Read More

(IDEX Online) - Lucapa today reported another "solid quarter" with Q4 rough sales of A$62.4m (US$43.9m) from its mines in Angola and Lesotho. That's an increase of 51 per cent year-on-year (A$m) or 39 per cent (US$m).  The total number of carats sold slipped slightly, but the average per carat price rose by 49 per cent, from US$1,822 to US$2,707. Figures are for 100 per cent of the two p...Read More

New Age Metals (TSXV: NAM; US-OTC: NMTLF) has commenced drilling on its Lithium Two project, part of its portfolio of early stage hard-rock lithium assets in Manitoba.The company plans to drill at least 1,500 metres at the project, located in southeastern Manitoba about 140 km northeast of Winnipeg, New Age said in a news release Tuesday. The program will consist of testing the down dip extension...Read More

Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) has extended the known gold mineralization 400 metres below its current resource depth of 500 vertical metres at its flagship O'Brien gold project in northwestern Quebec.The company plans to update the resource estimate for O'Brien-located halfway between Rouyn-Noranda and Val'd'Or-before the end of the first quarter.Highlights from its latest b...Read More

McLaren Resources (TSXV: MCL)?EUR?has reported high-grade gold assays from drilling at its McCool property near Timmins in northeastern Ontario. Highlights include diamond drill hole MCC22-04, which cut 6 metres grading 16.5 grams gold per tonne from 142.5 metres depth including 4.5 metres grading 21.1 grams gold; hole MCC22-09 returned 9 metres grading 10.8 grams gold from 393 metres downhole...Read More

(IDEX Online) - Tiffany & Co. has bought a parcel of 35 pink diamonds from the iconic Argyle mine in Australia, which closed in November 2020.It will offer them "to select clients" at a series of high jewelry events starting this spring 2023 and in future Tiffany "Blue Book" creations.The stones arrange from 0.35 carats to 1.52 carats. Most are pink, some are "almost purple" and one is red. Th...Read More

Garnet cuts the path for Heavy Minerals' production plansSPONSOREDheavy minerals limitedRed Dirt rockets toward mining in 2023SPONSOREDred dirt metalsCan EV battery metal continue its incredible bull run?SPONSOREDSheffield forges ahead at Thunderbird mineral sands projectSPONSOREDsheffield resources limitedProlonged inflation was ranked as the top global risk for 2023, with a score of 70%, fol...Read More

After more than a year on the hunt, Western Uranium & Vanadium (CSE: WUC; US-OTC: WSTRF) says it plans to build a mineral processing plant in Emery County, central Utah to recover uranium, vanadium and cobalt.The plant will be built in the Green River Industrial Park, about 265 km southeast of Salt Lake City, on property the company acquired. It will take mineralized material from mines the comp...Read More

(IDEX Online) - Hammer-wielding raiders fled with $2m of jewelry after smashing display cases of diamond engagement rings at a store in Brooklyn, New York.They threatened to shoot a worker - although no gun was seen. Staff and customers were physically unhurt, but were traumatized.Irina Sulay, owner of Facets Fine Jewelry, in Park Slope, buzzed one man in and two others followed."He reached i...Read More

Last week, we discussed the market forces behind the 2022 growth meltdown.Now that we've shaken off the cobwebs, it's time to look ahead and focus on the stocks and sectors with the best potential to take the lead in 2023's first quarter - and beyond.Unfortunately, many investors are going to miss these opportunities.An unhealthy fixation on the tech space is part of the problem. Yes, the market h...Read More

SPC Nickel (TSXV: SPC) has entered into a cooperation agreement with Vale Canada that will see the company consolidate into a single property the West Graham and Crean Hill 3 nickel-copper deposits, 20 km southwest of the city of Sudbury.The West Graham deposit occurs on SPC's 100%-owned Lockerby East property, which also hosts the past-producing Lockerby East mine. The latest agreement would gra...Read More

Kymera Therapeutics, Inc.'s KT-474 HS/AD data derisked the IRAK4 protein degradation platform, as did Sanofi's partnering. Click here for what this means for KYMR.Read full newsRead More

The reputation of using a SPAC route to go public is generally negative and often well deserved. Click to read why I think OPAL Fuels stock is different.Read full newsRead More

Even though Baker Hughes' 2023 revenues points to as much as 20% top line growth, its bottom line free cash flow leaves much to be desired. Click for my take on BKR's Q4 earnings.Read full newsRead More

The companies in which Cohen & Steers Infrastructure Fund is invested held up very well in 2022 and will likely continue to be solid holdings for UTF through any recession. Click for more.Read full newsRead More