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) - The IDEX Polished Diamond Price Index remained virtually unchanged for a second consecutive month, suggesting a slowdown in the recovery. Month-on-month prices saw a slight drop after three months of growth. November saw the Index in slight overall decline, closing down 0.13 per cent at the end of the month. October also saw next to no movement, rising fractionally by just 0....Read More
(IDEX Online) - A guest on the Antiques Roadshow TV show was stunned to learn that a five-carat Van Cleef & Arpels diamond ring was worth up to six times the $20,000 she'd last had it valued at. The emerald-cut stone, estimated as an I color, is a platinum four-pronged setting, with two tapered baguettes, and come complete with accompanying paperwork from the French luxury jeweler. It is...Read More
(IDEX Online) - A high-profile legal battle over lab-grown diamond patents has been settled with both sides filing a joint motion to dismiss the case at a New York court.The Carnegie Institution of Washington, a science research organization, and M7D Corp, a manufacturer trading as WD Lab Grown Diamonds, which uses its patented technology, launched a civil action in January against Singapore-based...Read More
Bardoc eyes long-term growth in prime goldfields locationSPONSOREDbardoc goldWith reserve development at Darlot, and delivery of the 160,000-200,000ozpa King of the Hills project, Red 5 is aiming to become a 250,000-300,000ozpa WA-focused producer from FY23.Williams was asked about ongoing efforts to reduce costs and boost cash flow from Darlot, and the latest on the company's financing and develo...Read More
The sell-off in paper gold was a repetition of events every November and December bar one since 2015, and the cause appeared to be the same...Read full newsRead More
The sell-off in paper gold was a repetition of events every November and December bar one since 2015, and the cause appeared to be the same...Read full newsRead More
C3.ai is a leading enterprise AI software provider for building enterprise-scale AI applications and accelerating digital transformation.Read full newsRead More
There's an interesting truth about the price of gold.Read full newsRead More
/PRNewswire/ -- During periods of crisis, gold has proven to be a time-honored safe-haven asset. Scarcity and built-in utility have made the yellow metal a...Read full newsRead More
There's an interesting truth about the price of gold.Read full newsRead More
The U.S. House of Representatives voted on Friday to decriminalize marijuana at the federal level, but the legislation is not expected to advance further as long as the Senate remains in Republican hands.Read full newsRead More
Company Executives share vision and answer questions live at VirtRead full newsRead More
Sanatana Resources Inc. has arranged a non-brokered private placeRead full newsRead More
Laurion Mineral Exploration Inc. and today announced that it hasRead full newsRead More
Canada's Seabridge Gold (TSX: SEA; NYSE: SA) is buying Pretium Resources' (NYSE: PVG) Snowfield property in northwest British Columbia for $100 million in cash, a 1.5% net smelter royalty related to all production and a $20 million future contingent payment.The Toronto-based miner says the acquisition of Snowfield, immediately adjacent to its 100%-owned KSM gold-copper project in northeast B.C.,...Read More
Mining and commodities trader Glencore (LSE: GLEN) said today that Gary Nagle, the head of its coal division, would replace Ivan Glasenberg as the company's top boss early next year.Glasenberg, who has led Glencore since 2002, said in 2018 that he would step down in three to five years. At the time, he said the firm had already begun training a small group of front runners to take over the po...Read More
We are all familiar with the principles and practice of recycling and re-using, and for many it is a common practice of daily life. Our society has a long history of recycling glass, aluminium cans, plastic (in all its forms), cars, scrap metal, jewelry, electronics, paper and so on. We increasingly re-use clothing, vinyl is back and vintage wear is now a high-fashion statement. What if reduce, re...Read More
OceanaGold (TSX: OGC; ASX: OGC) has received permits for three deposits at its Macraes gold mine, about 60 km north of Dunedin in the South Island of New Zealand, that will allow it to extend the life of the mine from 2021 to 2028. The permits will enable the development of the new Golden Point Underground Mine (GPUG), extend the Deepdell North Stage III open-pit deposit, and expand mineralisati...Read More
AWS, OpsGuru, Xerris - Thought Leadership Panel - GMS: November 12th, 2020 from The Northern Miner on Vimeo.Read More
Unless you've been living beyond the hinterlands, you've been blitzed by 5G ads by now, I'm sure.The biggest beneficiaries of 5G tech so far? The marketing staff of phone makers and carriers.Here's the thing though. The numbers are in, and 5G - for lack of a better term - kinda sucks.Here's the thing about THAT though - it's good for us.The marketing blitz for 5G from the big names in the business...Read More