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

Pan American, which only recently picked up the project stake via its partial acquisition of Yamana Gold, will also receive a net smelter return royalty of 1.Read More

Andover lithium potentially Australia's biggestSPONSOREDazure mineralsMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationFerrexpo produced 1.96Mt of iron ore pellets, up 57% from H2 2022 and p...Read More

The lower numbers come as the West Africa-focused miner is decreasing output at some of its mines, while it focuses on bringing its higher-quality assets online.Read More

(IDEX Online) - Armed robbers yesterday (1 August) escaped with up to $16m of jewelry from a Piaget store, in the latest high-value raid on the Place Vendome, in Paris.Police are reported to be hunting two smartly-dressed men and a woman who held staff members at gunpoint in the lunchtime heist.It's the latest in a spate of raids in the area. Last month two armed men forced staff to open the...Read More

(IDEX Online) - Has Rihanna started a new trend, with a $700,000 Jacob & Co diamond watch on a neck choker?It certainly provoked a reaction at the Louis Vuitton Fashion Show, in Paris, even if it ignored one very basic requirement for wearing a timepiece.The Barbadian singer, 35, was involved in the design, adapting the Brilliant Flying Tourbillon watch to be worn on a black calfskin choker, s...Read More

Andover lithium potentially Australia's biggestSPONSOREDazure mineralsMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationThe official manufacturing PMI for July was 49.3, which slowed from the...Read More

There are signs of recession everywhere and these are good indicators. It’s not just sentiment or guesswork.I'm not going to get into the weeds here, but things like inverted yield curves and negative swap spreads, among other indicators, are all pointing to recession. In addition to those technical indicators, manufacturing is down, global trade is down, etc.Europe’s in a recession ri...Read More

This will be Rio's first foray into the country. The licence area covers 2750 hectares in southern Rwanda and is well connected to local infrastructure.Read More

(IDEX Online) - Russia's finance ministry is to launch an online platform for jewelry sales as it aims to increase exports to Asia and beyond.It's designed to open up new markets for manufacturers, minimize their administrative costs and reduce the number of fakes, according to a report in the Russian newspaper Izvestia.Russia and fellow members of the Eurasian Economic Union (EAEU) - Be...Read More

Andover lithium potentially Australia's biggestSPONSOREDazure mineralsMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationThe US government's contribution was updated to around US$258 million,...Read More

It's a significant difference compared to the same quarter in 2022 when the Toronto-based company reported a loss of $2.6 million. Quarterly revenue was $184.Read More

The major is participating in a C$17.5 million non-brokered private placement whose proceeds will be to advance the Altar copper-gold project in San Juan. South32 will acquire 8.Read More

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsAlbemarle will buy 7.1 million Patriot shares at $15.29 each, at a 7% p...Read More

The $114.5 million increase from 2022 was attributed, in part, to inflation: the adverse effect of the 10.2% average revaluation of Mexican peso vs. the US dollar ($45.Read More

(IDEX Online) - Yet another month of decline for rounds during July, and of mixed fortunes for fancies. Rounds saw wholesale losses in some sizes in most sizes above 0.80-cts, more so than in previous months.India's polished exports slipped by almost a third in June, and half of all diamond workers there are reportedly on reduced wages. Manufacturers are switching to lower-priced fancies, or...Read More

Titanium dioxide is by far the most widely used pigment in the world and is found in almost every form of paint or coating, and a huge array of manufactured products.Read More

With a 1200tpd operation, the mine will produce an annual average production of 57,000ozpa of gold and 5.5Mozpa of silver for 10Mozpa of silver equivalent during the first seven full years.Read More

Ardea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningOnyen Corporation advancing automation for quality ESG reporting SPONSOREDonyen corporationAndover lithium potentially Australia's biggestSPONSOREDazure mineralsTitanium dioxide is by far the most widely used pigment in the world an...Read More

(IDEX Online) - Firestone reported Q4 revenue of $12.6m from its Liqhobong mine, in Lesotho, down almost 40 per cent on the previous quarter. Operations as the mine resumed in October 2022 after a two-and-a-half year closure, so there is no comparable Q4 figure for last year. The London-based miner said in its quarterly update that it sold 125,556 carats in Q4, down 35 per cent on Q3, and that it...Read More

(IDEX Online) - Crypto boss Richard Heart has been accused of defrauding investors to buy The Enigma, the world's largest black natural color diamond - a 555.55-ct carbonado - for $4.3m.The SEC (Securities and Exchange Commission) in Washington, USA, yesterday (31 August) charged Richard Heart (aka Richard Schueler) and his crypto companies Hex, PulseChain, and PulseX, with conducting un...Read More