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
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsDespite a poor record, the latest mining + oil experiment is u...Read More
(IDEX Online) - The US has reportedly blocked $26m of payments made by Indian businesses attempting to buy rough diamonds from Russia.OFAC, the Office of Foreign Assets Control, is said to have instructed banks in recent months to halt the transfer of funds, mostly from UAE subsidiaries of Indian companies.Neither India nor the UAE has sanctioned rough diamonds from Russia. The US has, altho...Read More
The removal of Niger's president Mohamed Bazoum in a military coup has unsettled uranium markets, and signals continued risk in the Sahel region.Read More
(IDEX Online) - Lab growns are the biggest threat to Namibia's diamond industry, according to Namdia, the state-owned trading company.Lelly Usiku, executive market development, sales and brand says they are increasingly popular in China, the biggest retail market after the US.Lab growns are filling a gap left by Alrosa's reduced production, following its invasion of Ukraine, she said, ac...Read More
The funding would address the supply gap identified in January, when Liontown revealed a Read More
Also, while the Read More
When I talk about the war on cash and a cashless society, some people think I'm exaggerating the threat or they don't take it seriously.But I'm not exaggerating the threat. It's here, it's growing and it'll only get worse. Just look at a nation like Australia, a Western-style democracy similar in many ways to the U.S.It provides a cautionary tale to Americans about where the war on cash is heading...Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsElsewhere, Australia is the world's largest producer of lithiu...Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsPYX Resources produces and exports zircon from its operations...Read More
(IDEX Online) - Direct flights between Surat and Dubai and Hong could begin as early as December.The Indian government has been under increasing pressure to open up the skies as the city opens its vast new bourse.Dinesh Navadia, a member of the Surat Diamond Bourse (SDB) committee, said a delegation had met civil aviation minister Jyotiraditya Scindia."He assured us that from December or in Januar...Read More
(IDEX Online) - Botswana's state diamond company is to introduce alternative sales channels, beyond auctions.It follows a new deal, agreed last month, under which the state-owned Okavango Diamond Company (ODC) will see its rough allocation double over a decade to 50 per cent."ODC auctions are too big and need to be optimized," ODC managing director Mmetla Masire told Reuters."We also need to...Read More
(IDEX Online) - Thirteen miners who were illegally digging for diamonds at Kleinzee, in South Africa's Northern Cape, have died after tunnels collapsed The so-called "zama zamas" were trapped underground as they tried to recover diamonds along the coastline where De Beers had an open cast mine from 1942 to 2009. There is speculation that recent heavy rains may have made the ground unstable. M...Read More
There is an entire industry devoted to “why the Roman Empire collapsed,” but the post-collapse era may offer us higher-value lessons.The post-collapse era, long written off as The Dark Ages, is better understood as a period of adaptation to changing conditions, specifically, the relocalization and simplification of the economy and governance.As historian Chris Wickham has explained in...Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure minerals"I feel confident and optimistic about today's meeting with th...Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsAndover 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 resourcesRead More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThere are no awards announcements yet, but DoD is planning to...Read More
Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsBut to get the full effect of the opening words in the previou...Read More
The assessment evaluates materials integral to clean energy technologies on the risk of supply disruptions.Read More
And, unsurprisingly, African governments want to leverage this new opportunity to finally boost their economies.Read More
There are no awards announcements yet, but DoD is planning to prioritise awards for gallium and germanium by US or Canadian companies by the end of the year, a defense official told MiningRead More