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

Today is an evil day. That is, today is Tax Day...The date by which Americans must appear before the Internal Revenue Service... and empty their pockets upon the counting table... under penalty of law.Salaried income, bonus payments, investment hauls, poker winnings, bingo jackpots, lemonade stand killings, cash gratuities and more - all must come pouring out.And if the tax man suspects you are wi...Read More

Solaris said the resource includes a starter pit comprised of 180Mt of indicated resources grading 0.82% CuEq and 107Mt of inferred resources grading 0.73% CuEq at a 0.Read More

Dear Outsider,I hope you had a happy and healthy Easter Sunday.Last year, I made a bold prediction that homegrown biofuels would make a comeback, specifically hemp-based biodiesel.We're one step closer to that reality, as the Biden administration just issued a statement allowing gas stations to sell E15 gasoline this summer, which uses a 15% mix of ethanol. It's an effort by the White House to off...Read More

(IDEX Online) - Chow Tai Fook reported a significant slowdown in growth of its retails sales, as the resurgence of Covid across China took its toll.The country's biggest jeweler, with almost 6,000 outlets, said RSV (retail sales value) grew by 8.5 per cent in the quarter ending 31 March - compared to 31.1 per cent in the previous three months."During the fourth quarter, both Mainland China an...Read More

(IDEX Online) - The world's biggest rough ruby - weighing 8,400 carats - could sell for up to $120m.The 2.8kg stone, known as the Burj Alhamal, was recovered in the village of Winza, central Tanzania, where rubies were first discovered in 2007.It is owned by the mineral and metal asset management company SJ Gold & Diamond and went on display on Friday in Dubai at the Waldorf Astoria Dubai...Read More

(IDEX Online) - Trans Atlantic Gem Sales (TAGS) said more than 40 per cent of goods remained unsold at its latest tender.It blamed growing concerns over inflation in the US, Russian sanctions, and increased and Covid restrictions in China.The auction house, based in Dubai and Cape Town, said it sold just under $20m of rough from the $35m offered. In March, by contrast, it sold a company record of...Read More

(IDEX Online) - Cartier says it will increase prices to cover the higher costs of diamonds, platinum and gold, and to offset rises in US and Chinese currencies against the euro.The rises on high-end luxury goods are described as "mild" - between three and five per cent - are not expected to deter wealthy buyers.Sales for the French luxury conglomerate - part of the Richemont group - have been robu...Read More

Early works at Boa Esperança are due to kick off in the coming weeks with the upgrade of the access road, site drainage and pre-stripping, with the US$294 million undertaking being just one ofRead More

We all sense the global order has cracked. The existing order is breaking down on multiple fronts.Those who have benefited from this arrangement are doing everything in their power to patch the cracks, while those who chafed under the old order’s chains seek a new order that suits their interests.The task now is to make sense of this complex inflection point in history. Two statements summar...Read More

Does anyone else find it deeply ironic that the guy who invented Facebook doesn't seem to have any friends?Mark Zuckerberg is routinely lampooned as an egotistical, self-centered, and somewhat lifeless soul.He's even admitted as much himself."Historically, I've had a very hard time expressing myself," Zuckerberg once acknowledged in an interview with NBC Nightly News. "I just come across as roboti...Read More

Share this article VANCOUVER - Vizsla Silver Corp. [VZSLA-TSXV; VIZSF-OTCQB; 0G3-FSE] reported results from 19 new drill holes targeting the Animas vein corridor at its 100%-owned flagship Panuco silver-gold project located near Mazatlan, Sinaloa, Mexico.The results are centered on two zones, the Rosarito Zone, which was included in the March 2022 maiden resource estimate, and the Cuevillas Zone,...Read More

The company said 62% of the measured and indicated resource is above a 1g/t cut-off and 40% above 2.2g/t. The update increases measured and indicated resources by 9% to 2.Read More

These resources will be used in an updated KSM pre-feasibility study (PFS) expected in June which will incorporate East Mitchell into KSM's mine plans for the first time.Read More

Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSORED  Stationary electricity storage batteries using zinc in their chemistry have been around for decades but never taken off like the...Read More

Emerging developer OreCorp is building momentum as it focuses on delivering first gold in 2024 at its high-grade, 3.1 million ounce Nyanzaga gold project in Tanzania.It's set to be the country's first large-scale gold mine in more than a decade and the first built under the new regulatory regime led by Her Excellency, President Samia Suluhu Hassan, who took on the top job following John Magufuli's...Read More

Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDGenesis Minerals directors draped their new business strategy, launched last week, in a "unique executive remuneration structure".Read More

(IDEX Online) - A US jewelry retailer is facing legal action from three "whistleblowers" who allege they were fired for exposing a foreign gray market conspiracy involving Rolex watches.CD Peacock, which operates three stores in the Chicago area, says it will vigorously defend the action, and says in a statement that the "former disgruntled employees ???,? ? were terminated for cause".A similar ca...Read More

(IDEX Online) - The World Diamond Council (WDC) says it has terminated Alrosa's membership.The move follows Russia's invasion of Ukraine, although the WDC made no mention of the war in a brief statement posted on its website.It said: "The termination of membership includes the cessation of any rights and benefits afforded to the WDC members, such as a seat on the Board of Directors, and...Read More

(IDEX Online) - De Beers reported rough sales of $565m from its third sight of 2022 - up 26 per cent year-on-year.It was the first full sales cycle since Russia invaded Ukraine, prompting the US and EU to impose sanctions on the miner Alrosa, part-owned by the Russian government and De Beers' biggest rival.Sales at De Beers' second sight, which concluded at the end of February, were $652...Read More

"The start of 2022 has been one of the most challenging periods experienced by the Company since the re-start of Proyecto Riotinto," Atalaya's CEO Alberto Lavandeira said. Atalaya declared commercial production at the operation in February 2016. "The extremely high electricity price, due to the record natural gas price in Europe, has also created inflationary pressures that have only bee...Read More