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

Crawford will produce 1.6mt of nickel, 24,000t of cobalt, 490,000oz of platinum and palladium, 58Mt of iron and 2.8Mt of chromium over a 41-year mine life.Read More

The Canadian miner said the project is the first to receive an EA certificate in BC under the new framework of the Environmental Assessment Act.Read More

Reach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedOrion will buy 6.7 million shares for C$2.55 per share.Read More

Reach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedThe company is to pay C$2 million for a 19.9% equity interest in Vinland Lithium, a new entity established with Sokoman Minerals (40.1%) and Be...Read More

Greetings from lovely Northern Italy.It's a habit of the midwit to parrot famous quotes.One of the most often quoted is Winston Churchill's asinine observation that "democracy is the worst form of government, except for all the others."He should've put a period after "government" and left it at that.When I hear that quote, it's one of my unfailing signals that the person I'm talking to is out of i...Read More

The company reported a 68% increase in measured and indicated resources at Promontorio compared with the 2013 resource to 42.1Mt grading 104gpt of silver equivalent containing 140.8Moz.Read More

However, Codelco has been ear-marked by the government to lead the nation's foray into the lithium space, with Codelco chair Maximo Pacheco stating in June that there is no company better placed to doRead More

Liberty. Equality. Democracy.For most Americans the three are triplets.Liberty is equality is democracy. Democracy is equality is liberty.There you have the holy trinity the holy trinity of America's civic religion.Its secular holy texts have convinced Americans of their divinity.Do you call this divine trinity into question?Then you declare yourself heretic.You simply cannot do it... lest you b...Read More

(IDEX Online) - HB Antwerp has unveiled "ground-breaking" software for diamond polishing, to be used at its new facility in Botswana.It says The Navigator will provide its polishers with "unparalleled control and accuracy", with its 3D capabilities."The Navigator is not just a technological advancement; it's a game-changer for the mineral industry," said Tom Munters, R&D director at HB.&n...Read More

(IDEX Online) - Sodiam sold $22.3m of +10.8-cts rough diamonds from its mines in Angola in a tender which was, for the first time, coordinated by Dubai-based TAGS (Trans Atlantic Gem Sales).A total of 1,329.89 carats were sold from five mines owned by the Angola's national diamond trading company. Bids were made remotely using TAGS' online platform.Highlights included a pink stone from t...Read More

(IDEX Online) - Gem Diamonds has recovered its third +100-ct diamond of the year at its Letseng mine, in Lesotho.But it's still leaves the UK-based miner at well below its long-term average of eight +100-ct recoveries a year.The latest find is a 101.96-ct Type IIa diamond. Gem did not provide further details.In July it recovered a 163.91-ct yellow diamond and in March it recovered of a 122-ca...Read More

The inferred resource, within patented mining claims, has increased 135% compared with the 2022 estimate, to 6.1Mt grading 242.6gpt of silver and 2.9gpt of gold containing 47.Read More

The company reported assays from two diamond holes in the Plutus Northern Corridor, which forms part of the larger Plutus porphyry centre about 1km east of the Apollo porphyry system.Read More

Hancock now holds 404.3 million shares, increasing its stake from 16.7% to 18.4%. The amount spent on Liontown shares by Hancock since April is approaching $1.2 billion.Read More

Iceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsReach Resources focused on playing role in decarbonisation solutionsSPONSOREDreach resourcesThe $5 million will be used to fund the feasibility study for the project, with a 20% contribution paid immediately and further payments made a...Read More

(IDEX Online) -  Chow Tai Fook today reported a 5.8 per cent increase in the value of Q2 retail sales, driven by an influx of tourists from the Mainland to Hong Kong and Macau.But sales across the rest of China, where CTF has over 7,200 outlets, were almost flat, with growth of just 0.6 per cent.The number of Mainland tourists visiting Hong Kong was back to 80 per cent of pre-pandemic levels...Read More

Nuton agreed to invest in a two-part transaction consisting of a private placement of 152,615 shares for $4 million, and the purchase of 232,000 shares owned by McEwen Mining, McEwen Copper's parentRead More

We suspected the stock market would take a fright following last weekend's terrors.It did not. The stock market yawned them off. Why?Today our thoughts turn to the sanguinary arts and sciences... and to Wall Street.That is, our thoughts turn to carnage, markets and how the two mingle.To what extent does warfare or the prospect of warfare manipulate markets?Much? Little?Our own James Altucher r...Read More

(IDEX Online) - The US could lift sanctions on the mining billionaire Dan Gertler, according to a Wall Street Journal report, to access "clean energy" supplies of cobalt and copper.Gertler, an Israeli citizen who first made his fortune in diamonds, had his US assets frozen in 2017 over allegations about his business activities in the Democratic Republic of Congo (DRC).The Treasury Department accus...Read More

In a meeting on the sidelines of LME Week in London, the Minerals Security Partnership (MSP) held a principals' meeting.Read More