TAG: Mining
Norway doubles down on deep-sea mining bet despite green fears
The Norwegian government wants to fire the starting gun on the exploitation of rare metals and miner...
8 months ago
Fresnillo share price buoyed by surge in silver price
Fresnillo rallies as silver leaps higher Silver's surge has helped bolster Fresnillo's embattled share price. The stock has rallied 25% in the past two weeks, providing a much-needed boost after the company's dismal full-year results. The higher silv...
6 months ago
ASX 200 afternoon report: 9 April 2024
The ASX 200 trades 40 points (+0.52%) higher at 7829 at 3.20pm AEDT. Over the first quarter of 2024, iron ore plummeted by approximately 28%, from nearly $144 per ton to $100 per ton. This placed a heavy burden on the major miner stocks. However, it also...
6 months ago
ASX 200 afternoon report: 23 April 2024
The ASX 200 trades 33 points (0.45%) higher at 7,683 at 2:00pm AEST. ASX 200's volatile journey The ASX 200 has extended its spirited fightback into a second session this week after a wrecking ball ripped through the local market last week. At Friday's lo...
5 months ago
Is silver the new gold?
Adriatic Metals is a precious and base metals explorer and developer with licences in Bosnia & Herzegovina and Serbia. (AI Video Summary) Spotlight on the silver market's prospects In this exclusive IGTV interview hosted by Angeline Ong, the discu...
5 months ago
Caledonia Mining on cutting its all-in costs
One way to lever an improved return from gold is to invest in gold producers. CMCL is a Zimbabwean-focused exploration, development and gold mining company. It owns a 64% stake in the Blanket Mine and 100% stakes in other gold mining claims mines in the a...
5 months ago
Fossil fuel giant Norway pitches itself as Europe’s ideal green partner
HANNOVER, Germany — In world politics, just as in life, some partners are more attractive than others. In its bid to diversify away from China in the race for green technologies and raw materials — all while guaranteeing a stable energy supply — the Europ...
5 months ago
Ariana Resources weighs in on its gold production
Shares were up as much as 3% on the news which adds to the already robust production that Ariana has built up at Kizeltepe. This follows the recent news that Ariana has also agreed an all-share merger with Zimbabwe-focused gold miner Rockover Holdings. Th...
5 months ago
Mineral royalty revenue jumps 32% for states during FY17 to FY22
The Supreme Court, on July 26, granted states the power to levy taxes on mineral rights, contending that royalty is a contractual consideration, opening the doors for the states to earn more revenues from mining operations.A Moneycontrol analysis of data...
2 months ago
‘Blood minerals’: EU accused of fueling conflict with Rwanda deal
Europe’s hunger for minerals for its electric cars and microchips is sparking accusations that it is inflaming conflict in eastern Congo, one of the world’s worst humanitarian crises that has killed 6 million people over recent decades.The outrage was pro...
2 months ago
Berlin inks lithium deal with Belgrade despite environmental concerns
BELGRADE — German Chancellor Olaf Scholz and European Commission Vice President Maroš Šefčovič locked down a series of deals on Friday granting the EU and European carmakers exclusive access to Serbian lithium and paving the way for the construction of on...
2 months ago
Putin fears crypto mining could cause energy shortages in Russia
Russia could face electricity disruptions if the government doesn't get crypto mining under control, Russian President Vladimir Putin said on Wednesday.Crypto is often used by Russians who live abroad to bypass Western sanctions which prevent them from ac...
2 months ago
The sleepy corner of England battling China
CORNWALL, England — The Conservatives have dominated politics in sleepy south-west England for nearly a decade. Suddenly, they're in deep trouble. A surge in support for the Liberal Democrats, the U.K.’s traditional third party, coupled with the Tories’ o...
2 months ago
Huge lithium-mining protest triggers crisis meeting in Serbia
A massive protest in Serbia against a lithium-mining project prompted President Aleksandar Vučić to call a government crisis meeting in the early hours of Sunday.Tens of thousands of protesters marched through the capital of Belgrade on Saturday to demons...
2 months ago