Tata Group to build $6-billion gigafactory in the UK
Tata’s first gigafactory outside of India will supply locally-made batteries to the company’s its Jaguar Land Rover factories.
Europe
Avrupa shares new resource estimate for Kosovo gold project
Avrupa Minerals (TSXV: AVU) has shared the latest resource estimate for the the Slivova gold project in Kosovo, compiled by its parter at Slivova, Western Tethyan Resources (WTR). WTR also…
Petra Diamonds misses production target for 2023 on lower grades
Petra Diamonds (LSE: PDL) said Tuesday it had missed its diamond production target for fiscal 2023, while sales remained low due to weak demand. The diamond miner produced 2.67 million…
TNM Drill Down: M3 Mining reports ‘spectacular’ gold hit at Edjudina
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider Mining…
The view from England: Mining in just three words
In the past month the U.K. has celebrated two memorable anniversaries. We have marked the founding of the National Health Service (NHS) 75 years ago, and also our 650-year unbroken…
Savannah Resources raises $10M for Europe’s biggest lithium project
Savannah Resources (AIM: SAV) said on Friday it had raised £6.1 million ($10.4 million) through equity, which allows it to move forward with its Barroso lithium project in Portugal, slated…
Sweden’s Hexagon buys Sudbury-based automation firm HARD-LINE
Sweden’s digital technology group Hexagon AB announced on Wednesday the acquisition of Canadian mine automation and remote control solutions HARD-LINE for an undisclosed sum. The move, Hexagon said, will help…
Scotgold halts guidance, launches operational review
Shares in Scotgold Resources (LSE: SQZ) fell more than 18% on Monday after the troubled miner withdrew its full-year guidance as it began a third-party review of its operation on…
Neo Performance starts Estonia rare earth magnet plant build under new CEO
Neo Magnequench, a division of Canadian permanent magnet manufacturer Neo Performance Materials (TSX: NEO) has broken ground on its first rare earth magnet manufacturing plant build in Europe. The facility in Narva,…
Danish fund invests $3M in Greenland Resources to advance moly project
Greenland Resources (NEO: MOLY) has entered into a subscription agreement for a private placement financing with investment funds advised by Maj Invest, one of Denmark’s leading asset management companies. Under…
BBC admits to publishing ‘fake news’ on Scotgold that led to share spike
The BBC Executive Complaints Unit (ECU) has upheld a viewer’s complaint that it had broadcast “fake news” about a non-existent gold discovery made by Scotgold Resources which caused the company’s…
Canada’s Top Ten precious metals juniors
The following companies are the Top Ten Canadian-headquartered precious metal juniors that are developing projects, ranked according to market capitalization as of June 1 and compiled by Mining Intelligence. Royalty…