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

The dividend of US55c is payable on September 23 and is the same amount as the previous two quarterly dividends following a 38% boost in February."The declaration and payment of future quarterly dividends remains at the discretion of the board of directors and will depend on the company's financial results, cash flow and cash requirements, future prospects, and other factors deemed relevant by the...Read More

(IDEX Online) -  Signet is aiming for full gender parity among its corporate leadership.The US jeweler already has a female CEO, and women account for 42 per cent of its board of directors, 50 per cent of its leadership team and 40 per cent of those holding the title vice president and above.It is joining the Paradigm for Parity coalition, which is committed to all women and men having equal...Read More

(IDEX Online) - A diamond manufacturer in Surat was re-united with a box of rough stones worth $27,000 that he left behind at a safety deposit vault.Rahul Moradiya placed it on top of his locker at Katargam Safe, in the Kartargam area of the city, then forgot about it.The manager spotted the box that evening and put it in safe place. Moradiya, who runs a small unit in Bambawadi, returned the...Read More

(IDEX Online) - A bogus gemologist swapped diamonds valued at $7.8m for worthless pebbles in an audacious heist, a court in London has heard.Lulu Lakatos, 60, is alleged to have examined the gems at luxury Mayfair jeweler Boodles (pictured) on behalf of a group posing as wealthy Russian buyers.She then placed the locked purse containing seven diamonds into her handbag, Southwark Crown Court was to...Read More

It said world refined copper production was 2.07 million tonnes, compared with usage of 2.14Mt.ICSG said preliminary data had indicated an apparent surplus."In the first four months of 2021, the world refined copper balance, based on Chinese apparent usage (excluding changes in unreported stocks), indicated a surplus of about 70,000t," it said.It said preliminary data pointed to world copper mine...Read More

Fully integrated US-based steel producer Cleveland-Cliffs has reported record operating and financial results for the quarter ended June, but earnings missed analyst expectations, sending the New York-quoted stock nearly 8% lower in early morning trade.Cleveland-Cliffs said adjusted earnings came in at $1.46 per share, well ahead of the 28c per share reported in the corresponding quarter a year ea...Read More

Eldorado Gold (TSX:ELD; NYSE:EGO) has bought an 11.5% stake in Quebec-focused explorer Probe Metals (TSXV: PRB; US-OTC: PROFB) in a deal worth about $23.7 million (US$18.9 million).The acquisition of 15.04 million common shares of Probe at $1.575 each follows the friendly takeover earlier this year of QMX Gold, another junior with assets in Quebec's resource-rich Abitibi Greenstone Belt.The buyout...Read More

Canada's Deep-South Resources (TSXV: DSM) is taking the Namibian Ministry of Mines and Energy to court as it refused in June to renew the company's prospecting licence for its Haib copper project.The Vancouver-based miner had warned it would contest the decision "by all means necessary" as it said it had clearly demonstrated that it had met all the criteria to justify a renewal.The application, wh...Read More

Solaris Resources (TSX: SLS: US-OTC: SLSSF) has made a new discovery within its Warintza copper project in southeastern Ecuador.The Warintza project is adjacent to the national highway that runs north-south along a mineral belt that hosts Lundin Gold's (TSX: LUG) Fruta del Norte mine and a Chinese consortium's Mirador mine, about 40 km to the south."All told, this belt is estimated to host tens of...Read More

Uranium Outlook: Ready for lift off at lastSPONSOREDGalan Lithium rides electric vehicle revolutionSPONSOREDgalan lithiumGlobal Atomic is shipshape and in weather for plain sailingSPONSOREDglobal atomicDenison aims for 2022 live ISR field test at PhoenixSPONSOREDdenison minesChief executive Paul Mulder began his presentation at an investment conference last week by grandly declaring a focus on PNG...Read More

Signs of economic trouble ahead seem to be all over.Some are underappreciated, some are over-appreciated. Both are horribly misrepresented to our detriment.On the underappreciated side of the spectrum there are issues like inflation, one that Fed Chairman Powell and the Biden administration, along with the stock markets, seem to finally acknowledge. Yet officials and the MSM keep toeing the line a...Read More

There has recently been a lot of discussion and debate around the possible similarities and differences of gold and Bitcoin (and, by implication, other cryptocurrencies), and this has often included consideration of their relative environmental impacts and, specifically, their carbon footprints.Read full newsRead More

"The recent choppy nature of our markets has meant no two days seem to follow the same pattern so will be interesting to see if we are set to see another price collapse," Marex's Alastair Munro said yesterday from the LME desk.The S&P 500 rose 1.52% as bargain hunters drove US equities to the biggest advance since March, Bloomberg reported.London's FTSE 100 rose 0.54% and the S&P/ASX 200 w...Read More

Share this article TORONTO - Nighthawk Gold Corp. [NHK-TSXV, OTC-MIMZF] on Wednesday released more assays results form the main Colomac and Goldcrest deposits which are located within its Indin Lake gold property in Canada's Northwest Territories.The latest results are from a 2021, phase 1 program which is expected to consist of 41,420 metres with an approximate split of 45% on resource expansion...Read More

Share this article VANCOUVER - Gatling Exploration (TSXV:GTR)(OTCQB:GATGF) announced that it has entered into an Exploration Agreement with Matachewan and Wahgoshig First Nations relating to the Company's Larder project on January 1, 2019, as amended by Amending Agreement dated January 11, 2021.The Agreement sets out the framework by which the Company and the First Nations Groups will work togeth...Read More

(IDEX Online) - The initial offering of the world's first fungible diamond commodity offering - a sealed plastic coin of around 4.5 carats - was 50 per cent over-subscribed, says the company that launched them.New York-based Diamond Standard says it has sold the first batch of 5,000 coins to investors, and will now make a further $50m of coins available.Each coin (pictured) contains "a set of...Read More

Sales of watches and jewelry in the US during May were up a third on the same month in pre-Covid 2019. Year-on-year they more than doubled, by 106.9 per cent, but that figure needs to be treated with caution. The actual dollar spend for May 2021 was $115.1m, compared with $52.7m in 2020 and $76.3m in 2019, before the pandemic. Sales for May 2021 are up 33.7 per cent on May 2019. April 2021 showed...Read More

(IDEX Online) - Antwerp's rough trade was up by 11 per cent in the first half of this year to $10.4bn, compared with same period in pre-Covid 2019.The polished trade is "lagging behind" - at $7.4bn for H1 2021 - hit by the compete lack of trade shows and India's devastating third wave of coronavirus.But the Antwerp World Diamond Centre (AWDC) said it was showing signs of recovery, with t...Read More

The Australian-listed explorer has three 100%-owned projects, mainly covering copper, zinc and gold, as well as two partner-managed projects covering zinc, lead and gold.A recent zinc-lead discovery at the Earaheedy project in Western Australia, in which Zenith holds a 25% interest, was the catalyst for a doubling of Zenith's market cap to its current level of around A$80 million ($60 million).Ass...Read More

In its June quarter production figures, which were broadly in line with market expectations, Antofagasta said rainfall at Los Pelambres, located in Chile's Coquimbo region, 240 km north-east ofRead More