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

Share this article VANCOUVER - Guanajuato Silver Co. Ltd. [GSVR-TSXV] has announced a news mineral resource estimate for its San Ignacio mine in Mexico.The company said the measured and indicated silver equivalent resource (AgEq) has increased by 130% from a previous estimate, while the resources in the inferred category are up by 283%.Guanajuato (GSilver) is a precious metals producer engaged in...Read More

Miramar Resources leveraged to exploration success SPONSOREDmiramar resourcesIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsWhy an Early, Integrated Approach to Mine Closure?SPONSOREDsrk consultingThe province's current system under the Mineral Tenure Act automatically grants miner...Read More

The company completed a feasibility study in January detailing the production of 90.9Mlbpa of U3O8 at a sub US$20/lb all-in sustaining cost, with an initial capital cost of C$1.2 billion.Read More

"This transaction represents the final part of a contract that was in place before the war in Ukraine broke out and is in line with our policy regarding Russian business activities that was put inRead More

(IDEX Online) - Industry leaders in India are calling for a voluntary two-month ban on all rough diamond imports, to "better manage the balance between demand and supply".They say exports were down by 25 per cent in the year to August, inventories are increasing and prices are falling.The plea comes jointly from the GJEPC (Gem and Jewellery Export Promotion Council), the Bharat Diamond Bourse, the...Read More

(IDEX Online) - The billionaire who has everything can now splash out on the latest luxury excess - a diamond-studded credit card.The gold-plated version of the Visa Infinite, known as the Billionaire Card has been created in a collaboration with top-flight jeweler and watchmaker Jacob & Co. and the luxury group Majestas, Primavera Investments.It will be launched in Dubai in November as a limi...Read More

Mr. Warren Buffett Omaha's sage:"A rising tide floats all boats....Only when the tide goes out do you discover who’s been swimming naked."How many presently wade waist-deep without swim trunks?We do not know precisely. Yet we hazard the number is vast.Interest rates have endured a magnificent increase commencing last March.To date, they have worked little economic or financial wreckage.The...Read More

Share this articleVANCOUVER - Reunion Gold Corp. [RGD-TSXV] said Tuesday it has raised $70 million from a bought deal financing and will use part of the proceeds to advance the company's Oko West project in Guyana to the next stage of development.The company said an underwriting syndicate acquired 152.2 million shares at 46 cents per share. It also said the underwriters have been granted the optio...Read More

Bushveld reported sales volumes up 27% year-on-year, to 2,096t of vanadium, in the six months to June 2023, thanks to higher production.Read More

I have a special note for you today.But first, let's take a look at the markets...As I type this note, stocks are attempting to post a modest bounce following another rough trading week.But the rally isn't drumming up too much excitement. In fact, most stocks are sinking as the September struggle remains in full effect.Friday's action was especially telling. No buyers showed up late in the day des...Read More

The loan has a four-year term with a one-year interest-only repayment grace period and no hedging conditions. The company did not disclose the interest rate.Read More

DeLamar now hosts 4.8Moz grading 0.6gpt gold equivalent, including 2.9Moz of gold and 142.7Moz of silver. The oxide and mixed heap leach portion contains 2.6Moz of gold equivalent grading 0.5gpt.Read More

Why an Early, Integrated Approach to Mine Closure?SPONSOREDsrk consultingEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesSpeaking from the UK where he participated in the Canada-UK Critical Minerals Investm...Read More

(IDEX Online) - Sales of Swiss watches were up by 3.5 per cent in August, with the USA and Hong Kong leading the recovery. The Federation of the Swiss Watch Industry Exports said the increase "confirms the normalisation of growth expected during the second half of the year". It follows an "excellent" increase of 14 per cent in exports during July, although June disappointed with 1.0 per cent drop....Read More

Ford was planning to invest US$3.5 billion in the EV battery plant, estimating to employ around 2,500 people when production would start in 2026. In a statement Read More

Why an Early, Integrated Approach to Mine Closure?SPONSOREDsrk consultingEmerging developer to make Impact in HPA spaceSPONSOREDimpact mineralsIceni adds lithium and nickel potential to 14 Mile Well gold projectSPONSOREDiceni gold limitedMiramar Resources leveraged to exploration success SPONSOREDmiramar resourcesThe ramp-up of the Quellaveco copper mine in Peru, as well as the chance of an operat...Read More

(IDEX Online) - Australian miner Lucapa today reported further positive results from bulk sampling of three kimberlite targets at its Lulo mine, in Angola.The most encouraging kimberlite (L440) yielded eight diamonds with a total weight of 4.16 carats, the largest of which weighed 2.04 carats, from 1,460m3 of material.Lucapa says the primary sources for the large, high-value alluvial diamonds alre...Read More

(IDEX Online) - Antwerp is calling on the jewelry sector to support its calls for G7 sanctions on Russian diamonds.Belgian Prime Minister Alexander De Croo (pictured) told industry representatives that Russian diamonds have "become a symbol of war and human rights violations".Speaking last week at the Belgian Consul General, in New York, he said: "The G7 wants to reduce Russian diamonds revenues....Read More

Should market participants be concerned about the possible government shutdown at midnight on Sept. 30?It's too soon to answer that question definitively, but it's not too soon for investors to take some defensive action.If it does happen, it'll be different from those that have gone before. Let's break it all down...While most of us keep our books and records on a Dec. 31 fiscal year, the U.S. go...Read More

(IDEX Online) - Brazen thieves broke into a jewelry store from an empty building next door, and wheeled the safe away.The three raiders were caught on surveillance cameras as they broke into Mitch the Jeweler, in South Florida, USA.Media reports put the value of goods stolen at up to $3m.The store owner told local news station WSVN-TV: "I don't know how they moved this safe." He's offeri...Read More