Nutrien to further boost potash output amid Belarus sanctions
Nutrien (TSX: NTR; NYSE: NTR), has decided to increase potash production by 500,000 tonnes this year on the back of newly imposed trade sanctions on Belarus. The boost, which will…
Europe
Base metals demand expected to benefit from green revolution – report
A report by market researcher CRU Group forecasts that demand for zinc, copper, and nickel will continue to grow in the next two decades, particularly in China where government stimulus…
Wood Mackenzie boosts battery metals expertise with Roskill buy
Wood Mackenzie announced on Friday it had acquired Roskill, a privately-owned company and leader in metals and materials supply chain intelligence, boosting the consultancy’s expertise in energy transition. Neal Anderson,…
Greenland approves Bluejay Mining’s Dundas Ilmenite project
Bluejay Mining (LSE: JAY; US-OTC: BLLYF) has received approval to build its Dundas Ilmenite project on the northwest coast of Greenland, 80 km north of the town of Qaanaaq. The company…
Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
Serbia Zijin Mining’s mine is expected to start production in the fourth quarter with an initial average copper output of 91,000 tonnes a year.
US markets down, June 7-11
The Dow Jones Industrial Average slipped 0.80% to finish the week at 34,479.60 and the S&P 500 dropped 0.41% to 4,247.44. Spot gold fell by US$14.20 per oz., or 0.75%, to…
TSX Ventures slips, June 7-11
The S&P/TSX Venture Composite Index slipped 0.17% to finish the trading week at 979.70. Spot gold fell by US$14.20 per oz., or 0.75%, to US$1,877.80 per ounce. Callinex Mines climbed 74¢…
Cornish Metals’ tin-copper project richer than thought
Cornish Metals (TSXV: CUSN; LON: CUSN) posted on Wednesday an updated resource estimate for its South Crofty tin-copper project in Cornwall, southwest England, as it moves to closer to reopening the…
The View from England: Old assumptions are breached by new technology
Protect your assets against current threats but remember that nothing lasts forever. It is a lesson that mining executives and metals investors should know, and was learnt long ago by…
Serbia may decide fate of Rio Tinto’s lithium project in referendum
Serbia’s President, Aleksandar Vucic, may seek voter approval for Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) Jadar lithium project near the city of Loznica, in western Serbia, as community…
High copper prices revive old deposits
The record copper price environment has prompted a resurgence in copper exploration activity at several projects that were marginal at the long-term average metal price. Just two examples include US…
Kinross and S2 team up to find Finnish gold
Kinross Gold (TSX: K; NYSE: KGC) has signed a US$9.5 million farm-in agreement with a Finnish subsidiary of Australia-based S2 Resources (ASX: S2R) to look for gold. The agreement covers…