The view from England: Mining events avalanche
Rejoice, in-person events are suddenly back, with Mines and Money, Indaba, PDAC and, of course, the Venice Biennale crowding our calendars. I expect most of you have already made plans…
Europe
Plunging metals prices expected to rebound in H2 – report
Enduring Covid-19-linked lockdowns in the world’s largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report…
Oksut mine halt casts shadow over Centerra Gold’s Q1 results
Centerra Gold (TSX: CG; NYSE: CGAU) saw its first quarter results hit by the suspension of its Öksüt mine in Turkey, where the adsorption-desorption recovery (ADR) plant has been out…
Endeavour hastens Ity optimization project on ‘excess cash generation’
Endeavour Mining (TSX: EDV; LSE: EDV) has pulled the trigger on building a recyanidation circuit at its cornerstone Ity operation in Côte d’Ivoire earlier than expected as it seeks to…
Europe’s Green Deal requires massive amounts of battery metals – study
A recent study by KU Leuven University in Belgium shows that meeting the European Union’s Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and…
Eldorado Gold to resume Skouries construction in H2
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming to resume construction at its Skouries gold-copper mine in northern Greece in the second half of the year, as it continues…
Far North Snapshot: Eight companies venturing into the remote north for minerals
Although there are many examples of fabulously rich gold, diamond and base metals mines that have been developed in the Far North, the mineral potential of the northern reaches of…
Glencore hails trading unit outlook, cuts copper guidance
Miner and commodities trader Glencore (LSE: GLEN) touted on Thursday prospects for its trading unit, saying it faces another strong year as Russia’s invasion of Ukraine continues to drive up…
Apple, Tesla, Intel could be using conflict minerals due to faulty scheme
Several of the world’s largest companies including Apple, Tesla and Intel may be using conflict minerals from the Democratic Republic of Congo (DRC) in their products as they rely on…
Palladium One reports near 250% increase in indicated resource at LK in Finland
Palladium One Mining (TSXV: PDM; OTC: NKORF) has released a resource update on its 100% owned Läntinen Koillismaa (LK) PGE-copper-nickel project in north-central Finland that increases tonnage in the indicated…
Vital Metals blazing path to commercial production with Canada’s first rare earth mine
It’s a year of many firsts for Australia’s Vital Metals (ASX: VML; US-OTC: VTMXF) and its rare earth elements operation in the Northwest Territories. Following the establishment in 2021 of…
Eldorado Gold flags Omicron hit to quarterly production
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) hasn’t altered its 2022 production guidance of 460,000-490,000 oz. of gold untouched, despite reporting that higher-than-expected absenteeism due to the Covid-19 Omicron variant…