Norway to open its waters to deep-sea mining
The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential for the transition to a…
Europe
The view from England: Mining and the wealth of nations
It is disconcerting for one’s hero to be described as “comically absent-minded,” with “peculiar habits of speech” (including talking to himself) and a smile of “inexpressible benignity.” Nevertheless, a hero…
Eldorado fully funded to complete Skouries build after EBRD invests $81.5M
Eldorado Gold (TSX: ELD) has closed the recently announced strategic investment of $81.5 million by the European Bank for Reconstruction and Development (EBRD). The institution bought 6.3 million shares at…
JV Article: Ericsson’s NEXGEN SIMS EU project brings 5G collaboration to Europe’s biggest underground mines
A European Union (EU) backed NEXGEN SIMS project with a global sustainability focus is making strides in communications networks in some of Europe’s biggest underground mines. Funded by the EU’s…
Cornish Metals to start dewatering South Crofty tin-copper mine
Cornish Metals (TSXV: CUSN; LSE: CUSN) is ready to start dewatering at its South Crofty tin-copper project in Cornwall, southwest England, as it moves closer to reopening the past producing mine….
Appian sells nickel-copper mines in Brazil to ACG for US$1 billion
Private equity firm Appian Capital Advisory is selling its wholly owned Atlantic Nickel and Mineração Vale Verde operations in Brazil to ACG Acquisition Co. (LSE: ACG) for US$1 billion cash….
Glencore bids for Teck Resources coal unit
Glencore (LSE: GLEN) confirmed on Monday it had approached Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) with a proposal to buy the Canadian miner’s steelmaking coal business, in the latest…
Fremont Gold options Vardenis project in Armenia
Fremont Gold (TSXV: FRE; US-OTC: FRERF) will earn up to a 100% stake in Mendia Resources, an Armenian company that holds the exploration licence over the Vardenis copper-gold project in…
Video: Dundee’s process innovations help miners get greener
The mining and smelting industry has faced environmental risks for decades, but now new mineral extraction and metallurgical technologies are helping to mitigate them. Dundee Sustainable Technologies has developed two…
Teck’s bid to gain China wealth fund’s backing for coal split hits wall, report says
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Canada’s largest diversified miner, is reportedly struggling to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit…
Renewable energy capacity to hit record growth in 2023 – IEA
Renewable power capacity will grow by a record number this year as more robust government policies around fossil fuels and energy security concerns drive more clean energy deployment, the International…
Hochschild CEO Bustamante to leave after 13 years with miner
Hochschild Mining (LSE: HOCM) announced on Tuesday its chief executive, Ignacio Bustamante, will leave in late August after 13 years in various top positions in the company. Bustamante, 52, will…