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 court reaffirmed DPM's mining concessions for Read More
The determination means that the permitting of the Berry Complex, part of the Valentine gold development in Newfoundland and Labrador, Canada, can proceed with an environmentalRead 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 resourcesThe gold miner commissioned El...Read More
The gold miner commissioned Elizabeth Broderick & Co, which conducted Rio Tinto's similar review last year, as part of its increased focus on psychological safety and culture.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 resourcesThe court reaffirmed DPM's min...Read More
(IDEX Online) - De Beers today (30 August) announced rough sales of just $370m during cycle 7, the lowest figure since the Covid pandemic.Sales slumped to $355m in March 2020, the last cycle before lockdowns forced De Beers to suspend its Gaborone sights. When they resumed in September sales were $334m.Today's announcement suggests there's no end in sight to the caution that has long dom...Read More
"I don't know."These are the three wisest words in the English tongue or any other tongue.These are the words of an honest man.A man may think. A man may believe. Yet a man does not know.This ignorance that a man does not know is this publication's central assumption.Nor do we believe that anyone else knows.Imagine if politicians bowed before these three words.Imagine if market experts bowed...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
Following the accidents on Saturday, Chile's National Geology and Mining Service (Sernageomin) immediately started investigations at the mines, the ministry said.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
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
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
Has World War III already begun?That's not a facetious question meant to grab attention. It's a legitimate question.It's often the case that momentous events begin in small ways and expand out of control. In retrospect, it seems obvious that war was inevitable. But at the time, it's not obvious at all. Events might seem disconnected and it's far from obvious that war is inevitable.Historical hinds...Read 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 additional funding require...Read 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
(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
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
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
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
(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