November 26, 2018

Eldorado Gold’s Bolcana project has 6.5m ounces of gold

The inferred resource of 381 million tonnes was based on 98 diamond drill holes Eldorado completed mainly in 2017 and 2018 and a further 17 drill holes by European Goldfields…

November 25, 2018

Gold production to grow in the next four years: report

According to Fitch Solutions, slightly higher prices and stronger company financial positions are encouraging greater mine investment.

November 23, 2018

UK’s Banks Mining wins challenge to government rejection of new coal mine

Britain's High Court quashed the government's rejection of the new mine on the grounds that the minister did not provide adequate evidence for his decision.

November 23, 2018

Bluejay Mining enters final permitting stages for massive ilmenite project in Greenland

Dundas is the world's highest grade deposit of ilmenite. Bluejay expects an initial output of around 50,000 tonnes, which will increase to 300,000 tonnes per year.

November 23, 2018

Galantas Gold shares soar after court confirms Irish mine consent

A judge ruled that an appeal brought forward by a local resident had failed and confirmed planning consent for an underground gold mine.

November 22, 2018

Foraco’s camp in Niger attacked by terrorists

An unnamed source told Reuters that the assailants were believed to belong to Nigerian jihadist group Boko Haram.

November 21, 2018

Zinc market enters period of peak tightness: Andy Home

Given the tightness in zinc metal availability, smelter supply currently trumps mine supply.

November 21, 2018

Nornickel aims to boost output to tap electric car boom

Nornickel’s current capex plan includes $6.5-7.5 billion for its base investment programme and $2.5 billion for its environmental programme.

November 19, 2018

Rio Tinto, Nespresso join forces to make coffee pods greener

Both companies are seeking to position themselves as sustainable to boost their investor and customer appeal

November 19, 2018

China’s CEFC paid out compensation after Rosneft stake deal fell through

CEFC had signed a deal to buy 14.2 percent of Rosneft from Qatar and Glencore when CEFC Chairman Ye Jianming was put under investigation by the Chinese authorities for suspected…