The World Gold Council has named Neal Froneman as its new Chair. Froneman has served as the CEO and an Executive Director of Sibanye-Stillwater for over 10 years. During his tenure, Sibanye-Stillwater expanded its operations from a South African gold producer to a multi-national diversified mining and processing business with assets on five continents. The...
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Neometals has recently released stellar results concerning lithium recovery processes for their Primobius project. The company revealed a revamped lithium recovery flowsheet that has significantly boosted lithium yields from over 83% to more than 93%. One of the key advancements includes the hydrometallurgical refinery trials. These trials have successfully produced lithium fluoride with an impressive...
READ MOREThe Italian government is poised to expedite the licensing process for lithium battery production at Glencore’s Portovesme site in Sardinia. However, before any action can be taken, the government requires a detailed business plan from the Swiss company. This statement was issued by Adolfo Urso, the Minister of Enterprise and Made in Italy. Earlier this...
READ MOREPanther Metals has voiced its support for Fulcrum’s recent expansion of the Charlot-Neely uranium-gold project in northern Saskatchewan, Canada. With the staking of three new claim blocks, Fulcrum has added a significant 4,856 hectares to the project’s area. Panther’s connection to this venture is evident; the company currently holds a 19.99% interest in Fulcrum. Beyond...
READ MORECourt Decision: In August, the economic court of Donetsk region recognized “Ukrtsink” from Kostyantynivka as bankrupt, as noted in the court register. Historical Background: The enterprise, which was once a significant player in non-ferrous metallurgy, ceased operations in 2002. From its assets, new entities like “SP Lead” and “Zinc” emerged. “Ukrzinc” was established in Konstantinovka...
READ MOREConnecting New Depths: Nornickel has started mining operations at the Glubokaya mine within Skalisty, reaching an unprecedented depth of nearly 2 km. Glubokaya, it should be noted, translates as “Deep” from Russian. The achievement comes after successfully linking two independent vertical shafts: a ventilation shaft and a skip-cage shaft at -1943 meters, a first in...
READ MORESouthern Palladium has taken a significant step forward with its Bengwenyama Platinum-Group Metal project by submitting a Mining Right Application (MRA) to South Africa’s Department of Mineral Resource and Energy (DMRE). Located on the Eastern Limb of the Bushveld Complex, the project is 70% owned by Southern Palladium. This application marks the transition of the...
READ MOREBrussels: Energy Minister Tinne Van der Straeten has expressed an ambition for Belgium to carve out a niche in the global recycling of rare earth metals. These metals, integral to various technologies, have extraction processes that raise environmental concerns. The Role of Rare Earths: Rare earth elements, including metals like cobalt and lithium, are essential...
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Nickel might remind you of a shiny five-cent coin, but there’s more to it than meets the eye. With the increasing demand from low-carbon technologies, this metal is dancing with the devil, both in its uses and its volatile price. Nickel’s Resume: Mostly found giving stainless steel its oomph (about 70% of world demand), nickel’s...
READ MOREInternational Relations Amid Domestic Unrest Guinea, under the rule of Colonel Mamadi Doumbouya and his junta, is in the midst of intense international and domestic scrutiny. The junta, which seized power in 2021, has strategically maintained relations with global powers while simultaneously dealing with internal opposition with an iron hand. Chinese Investment and Economic Interests...
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A Major Leap in Exploration Efforts: C3 Metals Inc., based in Toronto, has revealed a notable expansion in its authorized drilling region at the Jasperoide Copper-Gold Project in Peru. With the recent “Authorization to Start Activities” from the Peruvian Ministry of Energy and Mines, the company has achieved a 74% increase in its drilling exploration...
READ MORELithium-ion battery recycling company Lohum has unveiled its expansion into Nepal, with ambitious plans to deliver 25,000 metric tons of electric vehicle (EV) battery materials to various partners associated with leading automobile brands in the country. This strategic partnership aims to bolster Nepal’s energy self-sufficiency by regenerating critical transition materials through battery recycling, contributing to...
READ MOREThe $400 million upgrade of the Hobart zinc works has taken a significant step toward construction with the finalization of grant deeds involving the federal and state governments. The project entails the construction of a new electrolysis plant at the site, designed to enhance mineral recovery capabilities. In a memo addressed to employees, Todd Milne,...
READ MOREPhilex Mining Corp., led by Manuel V. Pangilinan, has unveiled plans to seek partners as it enters the nickel mining sector in Zambales, aligning with the global transition toward clean energy. During the Mining Philippines conference, Philex President and CEO Eulalio Austin revealed the company’s interest in the nickel industry, in addition to its ongoing...
READ MOREThe Czech government is actively promoting lithium mining in the country as a strategic raw material essential for the Czech economy’s revival, according to Prime Minister Petr Fiala. During his visit to potential mining areas, Fiala underscored the significance of lithium, a critical component in the production of car batteries, particularly in the rapidly expanding...
READ MORESouthern Copper, controlled by Grupo Mexico (GMEXICOB.MX), anticipates a 17% increase in its copper production in Peru this year, totaling 400,000 metric tons, according to a senior executive’s statement to Reuters. This growth is expected to drive the company’s overall copper output expansion. As Peru’s third-largest copper producer, the mining firm experienced a decline in...
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China has formally lodged an appeal against a recent decision by the World Trade Organization (WTO) that upheld U.S. tariffs on steel and aluminum imports, as announced by the Chinese commerce ministry. Previously, a WTO panel had sided with the United States, concluding that China had violated WTO standards by imposing additional tariffs on U.S....
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India is on the verge of finalizing agreements for the acquisition of five lithium blocks in Argentina, with the signing expected in the coming days. These agreements will be executed through KABIL, a state-owned joint venture established for the purpose of securing strategic minerals abroad. KABIL is a collaboration between the National Aluminium Company (NALCO),...
READ MOREFormer head of Rosaviation, Alexander Neradko, intends to take a position at Norilsk Nickel. This information was provided to TASS by a source close to the Ministry of Transport. “He will move to Norilsk Nickel, to the position of vice president. Two possible companies were discussed for his move – Aerodynamics and Norilsk Nickel, he...
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London’s FTSE 100 soared over 2% led by mining giants Anglo-American, Rio Tinto, and Glencore, each gaining over 5% as commodity prices surged, notably iron ore and oil. The index closed at 7,673.08, marking its highest since July 31, with a 1.95% increase. Chris Beauchamp, chief market analyst at IG, noted the rally was spurred...
READ MOREIndonesia has formally requested trade negotiations with the United States to include critical minerals in a trade deal, enabling exports from the Southeast Asian nation to be eligible for coverage under the U.S. Inflation Reduction Act, according to a statement from the Indonesian Ministry. The request was presented during a meeting between Indonesian President Joko...
READ MOREVale Base Metals is committing $10 billion in investments over the next decade in Indonesia to meet the surging demand for metals like nickel and copper, essential for electric vehicle (EV) production, according to the company’s CEO. This substantial investment is part of Vale’s broader plan to allocate $25 billion to $30 billion for new...
READ MOREInomin Mines (TSXV: MINE), the 100% owner of the Beaver-Lynx critical minerals project, has announced promising findings from the initial drilling at the South zone. Hole B23-01 yielded significant concentrations of 23.03% magnesium, 0.19% nickel, and 0.39% chromium. Meanwhile, hole B23-02 returned notable values of 21.09% magnesium, 0.17% nickel, and 0.34% chromium. The Beaver-Lynx property,...
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CleanTech Lithium PLC (AIM:CTL, OTCQB:CTLHF) has expressed its willingness to consider inviting Chile’s state mining company, ENAMI, to become a minority partner in its two projects located in Chile. CleanTech’s subsidiaries in Chile, Atacama Salt Lakes and Laguna Negro Francisco, have recently submitted applications for special operation contracts (CEOL) concerning the Laguna Verde and Francisco...
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