June 9, 2021

Marex Spectron cancels London IPO in ‘challenging’ market

Marex was considering a flotation in London that a source estimated could value the company at 500 million pounds ($706 million).

June 9, 2021

EU should promote moratorium on deep-sea mining, lawmakers say

Deep-sea mining would extract cobalt, copper, nickel, and manganese from nodules which pepper the sea floor at depths of 4-6 kilometres.

June 9, 2021

Secretive world of diamonds is in the grips of a buying frenzy

It takes about three months to cut, polish and sell a diamond, so stones bought cheaply at the start of the year are now being sold for a big profit.

June 9, 2021

Cornish Metals’ tin-copper project richer than anticipated

Updated estimate for the South Crofty project in Cornwall, England, shows a 10% increase in indicated resources and an almost 130% gain in inferred tin resources.

June 8, 2021

Moody’s flags significant ESG risks to mining with new ratings

The ratings agency has released new ESG issuer profile and credit impact scores for the global metals and mining sector.

June 8, 2021

London Metal Exchange to decide fate of iconic open-outcry “ring”

The floor was closed in March 2020 for the first time since World War II to allow for the social distancing needed to deal with covid-19.

June 8, 2021

Deep mines in Sweden considered microbial graveyards

Researchers explored over 30 deep mines in the Swedish Precambrian basement to search for ancient life.

June 7, 2021

Russia weighs selling more diamond stocks to tap global demand

The government is preparing a decree to increase planned sales of diamonds from the state repository.

June 7, 2021

ESG to assume center stage in lithium extraction – report

Government pressure and a rise in environmental, social and corporate governance investing will motivate firms to alter existing techniques, Fitch says.

June 7, 2021

Rupert Resources raises $40m for exploration in Finland

The company owns the former Pahtavaara gold mine and mill which produced 450,000 oz gold.