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
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 coloured stone miner reported revenue down by 20% year-on-year, to US$153.6 milli...Read More
Gold has been a sneaky-strong investment for a while now. It's up more than 15.4% in the past year and 61% over the past five. That's a near-identical return to stocks over the past 12 months, as the S&P 500 is up 15.4% in that time. However, the benchmark index has lagged behind gold over the past five years, with just a 49% return over that period.There are a lot of reasons for this. Inflation,...Read More
Vale answered a submission from Mining Journal at the end of last week, after reports in Brazilian newspaperRead More
In September, Toronto Stock Exchange released its annual TSX30 list, ranking the 30 best-performing stocks over the last three years based on dividend-adjusted share price performance. ForRead 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 resourcesVale answered a submission from Mining Journal at the end of last week, after reports...Read More
According to Sigma, the shipment is part of a collaboration with Glencore - Read More
The coloured stone miner reported revenue down by 20% year-on-year, to US$153.6 million in the half-year. Earnings before interest, taxes, depreciation and amortization fell to $73.Read More
"Cobalt prices are forecast to remain low in the short term despite production cutbacks, due to significant greenfield construction," Searle said.Read More
(IDEX Online) - British actress Lily James is again promoting the beauty of natural diamonds in a new global ad campaign.She features in the second instalment of To Treasure Now and Forever, by the New York-based Natural Diamond Council, at a time when gap between natural and lab grown prices is widening almost daily.The 34-year-old Emmy-nominated star, known for roles in Pam and Tommy and Downton...Read More
Share this articleVANCOUVER - Red Pine Exploration Inc. [RPX-TSXV: RDEXF-OTCQB] reported new drilling results from its continuing exploration program at the Wawa gold project, Ontario. The new results extend gold mineralization of significance in the footwall of the Jubilee shear as a direct follow-up on hole SD-23-430, which intersected 1.33 g/t gold over 100.99 metres.Testing of the Wawa gold co...Read More
Greetings from lovely Northern Italy.I hope all's well. Thank you for last week’s fantastic stories and feedback about the IRS piece.I may publish that part of the mailbag later. But right now, I'm unsure if any readers who wrote in would want me to divulge their cases. Again, thanks for writing (and the kind words as well)!Today, I’ll talk about the citizenry rather than the governmen...Read More
Reads a Wall Street Journal headline:"Higher Interest Rates Not Just for Longer, but Maybe Forever."Beneath this headline we are informed that:In their projections and commentary, some [Federal Reserve] officials hint that rates might be higher not just for longer, but forever...This matters to any investor, business or household whose plans depend on interest rates over a decade or longer. It cou...Read More
CNGR has announced a partnership with Al Mada, a private investment fund largely held by the Moroccan royal family, to develop a battery materials plant in Jorf Lasfar, Morocco.Read More
(IDEX Online) - Scientists say they now better understand how pink diamonds from the iconic Arygle mine were formed - which may allow them to predict the location of other sources in the future.They say the clear stones got their distinctive color from the the clash of continents that formed the vast supercontinent Nuna, including Australia 1.85bn years ago.They were brought close to t...Read More
The Federal Police launched an investigation, called Operation Eldorado, on Wednesday morning to arrest suspected leaders of operations smuggling Venezuelan gold.Read More
SRK Consulting advocates an integrated approach to mine closure.SPONSOREDsrk consultingAruma Resources recognising the potential in its diverse portfolioSPONSOREDaruma resourcesEvion Group emerging 'on the graphite map' as plans near fruitionSPONSOREDevion groupNamesake project drives Australian Vanadium towards vertical integrationSPONSOREDaustralian vanadiumAs the only son of a Hungarian...Read More
The company's board decided in July to replace geologist Gary O'Connor as chief executive to bring in someone with mine-building experience to steer the company towards an investment decision andRead More
SRK Consulting advocates an integrated approach to mine closure.SPONSOREDsrk consultingAruma Resources recognising the potential in its diverse portfolioSPONSOREDaruma resourcesEvion Group emerging 'on the graphite map' as plans near fruitionSPONSOREDevion groupNamesake project drives Australian Vanadium towards vertical integrationSPONSOREDaustralian vanadiumGreat Southern Copper will hav...Read More
Allied owns or controls three producing mines and several development and exploration projects in Côte d'Ivoire, Mali, Ethiopia and Egypt, producing more than 370,000ozpa and plans for a lotRead More
Namesake project drives Australian Vanadium towards vertical integrationSPONSOREDaustralian vanadiumEvion Group emerging 'on the graphite map' as plans near fruitionSPONSOREDevion groupAruma Resources recognising the potential in its diverse portfolioSPONSOREDaruma resourcesSRK Consulting advocates an integrated approach to mine closure.SPONSOREDsrk consultingThe company said Pascall died...Read More