Centerra Gold kicks off commercial mining in Turkey
Centerra Gold (TSX: CG) has declared commercial production at its Öksüt mine in Turkey, four months after it poured first gold at the operation. The Toronto-based company now has three…
Europe
Palladium One outlines drill target at LK in Finland
Palladium One (TSXV: PDM; US-OTC: NKORF) has traced a new drill target within its wholly owned Lantinen Koillismaa (LK) project in Finland, 190 km northeast of Oulu. The latest target…
Pandemic to worsen copper glut during next 18 months
A global copper surplus currently in the making is expected to get worse in the next 18 months as market disruptions have created greater uncertainty in the factors affecting supply…
TSX Venture rises, May 11-15: Abitibi Royalties, Rupert Resources, Pure Gold, Melkior Resources
The S&P/TSX Venture Composite Index rose 3.32% to 508.99 and gold continued to make gains, rising US$39.30 per oz., or 2.26%, to close at US$1,742.20 per ounce. Abitibi Royalties saw…
Adriatic Metals acquires Serbia-focused Tethyan Resource
Adriatic Metals (LSE: ADT1; ASX: ADT), which until now has focused its efforts in Bosnia-Herzegovina, is diversifying into neighbouring Serbia, with the acquisition of Tethyan Resource (TSXV: TETH) in an…
Top investors face-off over Rio Tinto’s emissions cuts
Rio Tinto’s (NYSE: RIO; LSE: RIO) top investors are set to face off at the company’s upcoming annual meeting, with only some of them in favour of pushing the miner…
Commentary: Gold hits turbulence amid coronavirus disruptions
A key result of the grip of the coronavirus is the severe disruption to the commodity markets on both sides of the supply chain. A major issue that has affected…
COVID-19 disrupts US$6.9B of global mining output, S&P Global says
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get on-site due to restrictions. S&P…
First Quantum lowers 2020 guidance
With its Cobre Panama mine on care and maintenance since April 7, First Quantum Minerals (TSX: FM) has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000…
TSX Venture rises, April 13-17: Abitibi Royalties, Adventus Mining, Falcon Gold
The S&P/TSX Venture Composite Index rose 1.76% to finish the trading week at 444.87. Spot gold finished at US$1,686.50 per oz., a gain of 0.05%, and the S&P/TSX Global Gold…
Palladium One lays groundwork for massive sulphide project in Finland
Palladium One Mining (TSXV: PDM) has extended the Kaukua South zone anomaly at its flagship Läntinen Koillismaa (LK) PGE-nickel-copper project in north-central Finland. “Reconnaissance drilling carried out by previous owners…
Bluejay Mining grows Greenland footprint
Bluejay Mining (LSE: JAY) has expanded its footprint in Greenland, after securing two new mineral exploration licences surrounding its existing Kangerluarsuk zinc-lead-silver project in the island territory’s central west. The…