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

(IDEX Online) - Angola is stockpiling over a million carats as it waits for diamond prices to rise and sees its half-yearly sales fall by 37 per cent."In practice Angola has no buyers of this resource," said Jos?(C) Ganga J??nior, chairman of Endiama, the state diamond company, as reported by the Angolan news agency Angop."That's why we have to find ways to survive, using the creativity that...Read More

Hochschild reported a pre-tax profits of $800 000 for the first half, compared with a profit of US$15.3 million a year earlier.Read More

Mendoza's governor Rodolfo Suarez announced on social media that the province will move to the final negotiations with the "best-qualified" bidder.Read More

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesMendoza's governor Rodolfo Suarez announced on social media that the province will move t...Read More

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesWest Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Read More

Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesIn no small measure, that's down to a London and Read More

No sooner had the BRICS Summit in South Africa ended on Aug. 24 that Federal Reserve Chair Jay Powell took the podium at the Fed's annual retreat in Jackson Hole, Wyoming, on Aug. 25.What did Powell say, and what are the implications for investors and global markets? Let's review...Subject to the usual qualifiers about data dependence and observing economic developments, Powell's remarks at Jackso...Read More

A first phase would see Fenix produce 91,000ozpa during its initial 12 years and then 54,000ozpa for the final four years at an all-in sustaining cost of US$1,237/oz Au from reserves of 1.Read More

(IDEX Online) - Tis the season to be drinking Pumpkin Spice Latte, and if you have a spare $12,500, ( ?10,000) you can splash out on a diamond, sapphire and emerald version.British jeweler Angelic Diamonds has created a PSL ring as a tribute to the seasonal drink - coffee plus pumpkin pie spices (cinnamon, nutmeg and clove) - which was launched by Starbucks in 2003.The ring features a rose gold ba...Read More

Look beyond market approach to project valuations: van ZylLeadershipWest Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAdavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthPampa Camarones, controlled by the Minera Activa private equity group, aims to produce up to 8400tp...Read More

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthThe search is part of the UK Export Finance (UKEF)-supported export credit facilities for...Read More

(IDEX Online) - The Indian government has reportedly asked the US to release $26m of payments made by Indian businesses attempting to buy rough diamonds from Russia.The transactions were blocked by the Office of Foreign Assets Control (OFAC), which imposed sanctions on Alrosa, the state-controlled diamond company after Russia invaded Ukraine last February.But Indian traders are adamant the payment...Read More

Share this articleSASKATOON - Cameco Corp. [CCO-TSX, CCJ-NYSE] has released a market update regarding challenges it faces at the Cigar Lake uranium mine and Key Lake mill in Saskatchewan that are expected to impact its 2023 production forecast.Cigar Lake is the globe's largest operating uranium mine, accounting for 13% of the world's mine supply and 10% of total supply, including secondary materia...Read More

Pampa Camarones, controlled by the Minera Activa private equity group, aims to produce up to 8400tpa of copper cathodes from an operation near Arica in northern Chile.Read More

The indicated resource is now 823,000oz grading 9.35gpt gold, growth of 237% since the 2020 resource, with another 114,000oz grading 7.1gpt in inferred resources.Read More

At the beginning of June, more than a dozen mining companies in Québec announced the temporary shutdown of mining activities as hundreds of wildfires were burning across the country.Read More

"For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath." Matthew 25:29Dear Outsider,It's no secret that America has a health problem.No... a health crisis.And it's so bad that it poses a national security threat.That's according to former U.S. Army Lt. Gen, Mark Hertling.He first warned the public about it...Read More

Those changes include the direct shipping ore plan being shelved - the recently appointed mines minister is currently not a fan - the potential for unplanned import and duties totalling US$45-50Read More

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAdavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Trident acquired the 2.5% net smelter return royalty for US$10 million, which will be pai...Read More

West Arunta exploration win spurs Encounter to expand SPONSOREDencounter resourcesAlvo actively exploring for critical minerals in BrazilSPONSOREDalvo minerals Adavale set to consolidate early successes in TanzaniaSPONSOREDadavale resourcesFLSmidth sharpens technology to improve mining processSPONSOREDflsmidthMINEM gives the miners access to government-backed loans to strengthen activities that fi...Read More