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
Summer trading is sometimes a slow, tedious affair especially toward the end of August.Luckily, NVIDIA Corp. (NVDA) earnings gave investors something to talk about late last week.The semiconductor superstar was one of the only interesting mega-cap earnings announcements left on the Q2 docket. And since most of the chip stocks lost their first-half momentum weeks ago, the buy-and-hold crowd was h...Read More
(IDEX Online) - Speculation is mounting that the G7 nations will finally announce sanctions on Russian diamonds in September, 19 months after the invasion of Ukraine.They could be implemented, backed by a traceability solution, next January, after the all-important holiday season, according to a New York Times report.Brad Brooks-Rubin, senior adviser in the Office of Sanctions Coordination i...Read More
(IDEX Online) - Fishers are mounting a legal challenge to marine diamond operations off South Africa's west coast.They claim rights to mine in shallow sea and along an 85km coastal strip of land were granted and subsequently renewed without proper consultation.Their court action, due to begin today (29 August) at Western Cape High Court, is being opposed by Trans Hex Operations, which has mar...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesWith the green energy transiti...Read More
The company is teetering in its position as the world's largest copper producer, and with its production declining to its lowest level in 25 years, this sobriquet will soon be modified to one of theRead More
Amman was the top among 32 global offerings of more than US$500 million, with its shares having risen by 153% since its debut, according to Bloomberg data.Read More
Last year, California unveiled the most drastic EV mandate in the United States.It's called the Advanced Clean Cars II rule, and it aims to ensure that by 2035 every single new car and light truck being sold in California is zero-emissions.A lot of states and even the federal government have offered incentives to accelerate EV adoption, but California's rule is far more than that. It's an edict th...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesFollowing the accidents on Sat...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resources"Thank and excuse" has been a...Read More
Described as one of the "largest undeveloped copper deposits in the world," La Granja is a complex undertaking due to the project's high altitude.Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resources"The studies are essential to...Read More
Following the accidents on Saturday, Chile's National Geology and Mining Service (Sernageomin) immediately started investigations at the mines, the ministry said.Read More
(IDEX Online) - An advertising watchdog has told a US jewelry online retailer it must use appropriate terms to describe the origin of its diamonds.The Natural Diamond Council (NDC), which promotes mined diamonds, had challenged the way Agape Diamonds marketed its lab grown stones.Agape, based in Tampa, Florida, subsequently made modifications, but not to the full satisfaction of the NDC.The...Read More
Its combination with Benchmark Metals, its neighbour in the Toodoggone gold district in central British Columbia, Canada, results in a company with a 325km2 land package and a line of sight on growingRead More
Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsLindian aims for centuries of REE productionSPONSOREDlindian resources Saudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesThe reason everyone is on high...Read More
China cut its one-year benchmark lending rate on August 21, but markets were surprised that the five-year rate was left unchanged. The one-year loan prime rate was lowered by 10 basis points to 3.Read More
The loss of $4.8 million came as profitability was impacted by a non-cash impairment of $88.Read More
(IDEX Online) - Inmates at an Indian jail are cutting and polishing diamonds behind bars.It's common for prisoners to work in laundries or kitchens, in sewing or agriculture. But those at Lajpore Central Jail, in Surat, are believed to be the only ones in the world working with diamonds.Just over 100 of the prison's 3,000 inmates work at the polishing unit, according to the Times of Indi...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resourcesHick, the former executive vic...Read More
Lindian aims for centuries of REE productionSPONSOREDlindian resources Mine to metals model makes ASM a rare opportunity SPONSOREDaustralian strategic materialsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesSaudi to help Africa 'break ranks' with historic trading partnersSPONSOREDsaudi ministry of industry and mineral resources The loss of $4.8 million came...Read More