January 13, 2021

Petra Diamonds’ investors back restructuring

Majority approved plan includes reducing authorized share capital of the company by cutting the nominal value of all ordinary shares from 10p to 0.001p.

January 13, 2021

Eurasian Resources subscribes to Prince Charles’ sustainable planet initiative

The Luxembourg-based miner said it wants to explore synergies to help achieve the objectives outlined by Prince Charles in the Terra Carta.

January 13, 2021

Cornish Metals to float shares in London

The copper and tin miner will apply for admission of its common shares to trade on the Alternative Investment Market.

January 12, 2021

Lithium miner’s German smelter plan draws billionaires

Rock Tech's planned $400 million lithium refinery has attracted support from billionaires including Peter Thiel.

January 12, 2021

Norway eyes sea change in deep dive for metals instead of oil

Country could license companies for deep-sea mining as early as 2023, its oil and energy ministry told Reuters.

January 12, 2021

Portuguese energy group backs Savannah’s lithium project

Galp Energia could take up to a 10% stake in the Mina do Barroso lithium project by investing $6.4 million.

January 11, 2021

Gold price rally of 2020 crushes analyst forecasts

Analysts were forecasting gold prices at $1,558.8/oz on average, up 12% from 2019, still short of the actual price by over $200.

January 11, 2021

Funds still in the driving seat as copper hits fresh highs

Copper has been wrapped into a larger reflationary trade which leaves it exposed to broader market turbulence such as a sell-off in global equity markets.

January 11, 2021

Emesent technology helps Petra Diamonds save on ore pass remediation

Highly accurate point cloud data sets from a Hovermap scan allowed mine engineers to visualize the condition of ore passes for the first time and avoid spending $350,000, on remediation.

January 11, 2021

Samarco starts iron ore shipments to Europe

BHP and Vale controlled company started on Monday its first shipment since Fundão dam tragedy.