May 27, 2024

Adriatic Metals seeks $50m after first concentrate sale

Equity raising aims to optimize Adriatic's balance sheet during ramp-up at its Vares silver mine in Bosnia.

May 24, 2024

NGO sues Norway over deep-sea mining plans

WWF argues that Norway's decision to allow seabed exploration breaches national law, goes against experts' advice and sets a risky precedent. 

May 22, 2024

At least two companies seek Norway seabed mining permits

The government aims to issue first licenses in 2025, but companies will require separate approvals to start production.

May 14, 2024

Korea Zinc sees US opportunities as it targets big copper growth

The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023.

May 14, 2024

European deep mine operators looking into underground energy storage

Underground energy storage gives end-of-life mine shafts, which otherwise face costly infilling and decommissioning costs, a second life.

May 13, 2024

Peru zinc miner Volcan to avoid debt haircut, new owner says

On top of making payments in June and August, Volcan is at an advanced stage in talks to sell its non-core assets.

May 12, 2024

US Forest Service kicks off federal permitting process for South32’s Hermosa project

The federal permitting process starts with the environmental review required by the National Environmental Policy Act.

May 10, 2024

Sibanye seeks to loosen borrowing restrictions as earnings plunge

Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants.

May 7, 2024

Sierra Metals updates resources for Yauricocha, Bolivar mines

The updated mineral reserves and resources confirm the long production history of both assets, Sierra's CEO said.

May 7, 2024

Tycoon Agarwal’s India zinc unit to pay $506 million dividend to ease debt burden

Hindustan Zinc said it plans to pay 42.25 billion rupees in interim dividends, potentially aiding parent Vedanta Resources' deleveraging plans.