Adriatic Metals takes over as operator of Bosnian silver mine
Adriatic Metals (LSE: ADT1; ASX: ADT) is taking over as the operator of the Rupice deposit development, which is part of the company’s Vares silver mine in central Bosnia. Local…
Europe
Romania grants mining rights to US-backed Verde Magnesium
Verde Magnesium plans to invest US$1 billion in Romania as the country’s government has granted it the go-ahead to bring back to life a disused mine, shut down in 2014….
Cornish Metals on track to deliver South Crofty PEA this quarter as tin prices rise
Cornish Metals (AIM: CUSN; TSXV: CUSN) said on Tuesday that it’s on track to deliver a preliminary economic assessment for its flagship South Crofty tin project this quarter, as tin…
Denarius sees quick restart for former Lundin nickel-copper mine in Spain
Denarius Metals (CBOE: DMET; US-OTC: DNRSF) has released a prefeasibility study that supports the reopening of its 50%-owned Aguablanca nickel-copper mine in Spain. Last operated by Lundin Mining (TSX: LUN)…
Karelian says there could be more rare green diamonds at Finland asset
Irish explorer Karelian Diamond Resources (AIM: KDR) says its search for precious stones in Finland has taken a significant step forward after finding signs of diamond-bearing kimberlite in the same…
Dundee’s Goodman on how to avoid mining’s investment pitfalls
Jonathan Goodman has had it with rosy economic studies from junior miners that fail to live up to expectations. “Have you ever seen a feasibility study or a pre-feasibility study…
Glencore backs EVelution Energy’s cobalt plant plans
Mining and commodities trader giant Glencore (LSE: GLEN) has agreed to supply up to 7,000 tonnes of contained cobalt per year to U.S.-based EVelution Energy as a way to support…
Explaining the copper conundrum
Arguably, no one is more aware of the coming copper shortage than copper miners themselves. Glencore CEO Gary Nagle warned in late 2022 — just months before the company made…
MAC, Copper Mark team up to enhance transparency, credibility
The Mining Association of Canada (MAC) and The Copper Mark are collaborating on a pilot project seeking to enhance the assurance processes of both Towards Sustainable Mining (TSM) and the…
The Mine that Fell Asleep in the Goldfields awakens young minds
In the hardscrabble world of mining, where data is king and machinery reigns supreme, first-time author Catherine Lalut wields not a drill but a quill with the children’s book The…
Video: Eldorado Gold geared for growth as Skouries build progresses
Eldorado Gold (TSX: ELD; NYSE: EGO) expects its production profile to swell about 45% over the next four years to 703,250 oz. gold per year, CEO George Burns says. The…
Gemfields’ sparkle dims, profit falls 86% on nixed sale
Coloured gemstones miner Gemfields (LSE: GEM) posted on Monday a 86% drop in pre-tax profit for 2023 due partly to the cancellation of a high-quality emerald auction in November, a lower…