Emerita gains on Spain copper project drill results, resource estimate plans
Shares in Emerita Resources (TSXV: EMO; OTCQB: EMOTF) rose 7% on Tuesday after it reported drill results at its Iberian Belt West base metals project in Spain and said it…
Europe
Eldorado Gold board okays Skouries gold-copper project restart
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) said the board has approved an investment decision and full restart of construction activities at its Skouries gold-copper project in northern Greece. The…
Analysts forecast a mixed bag for commodities amid global 2023 slowdown
Given the tumultuous past two years that saw global markets ebb and flow to extreme degrees, it’s perhaps no surprise that the only thing that’s certain about the 2023 outlook…
ESG and mining debate: cultish activism vs. modern business sense
Are environmental, social and governance (ESG) guidelines the bible of a shadowy priesthood of consultants, or are they just good for business? Those two sides took shape during an online…
Rio Tinto hunts for lithium deals, eyes Jadar revival
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Tuesday it is actively searching for lithium assets as its expects prices for the metal used in the making of…
New Sustainable Critical Minerals Alliance to push ‘nature-positive’ mining
Canada has joined the launch of the new Sustainable Critical Minerals Alliance that seeks to pursue environmentally-sound and responsible mining, Natural Resources Minister Jonathan Wilkinson announced Monday.Speaking at the United…
BHP invests in Gates and Friedland-backed firm I-ROX SAS
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has joined billionaire Robert Friedland’s I-Pulse Inc. and Breakthrough Energy Ventures, a clean-tech venture backed by Bill Gates and Jeff Bezos, to speed…
EU inks deal with Chile to boost access to battery metals, renewables
The European Union (EU) and Chile inked on Friday a fresh partnership deal that will give the bloc greater easier access to lithium, copper and other raw materials that are…
Trafigura puts Auby zinc smelter on care and maintenance
“Challenging market conditions” have forced Trafigura to put its Auby smelter in France on care and maintenance. Netherlands-based Nyrstar, which is majority owned by Trafigura, reported the closure on Dec….
Eldorado Gold reports declining reserve base
Eldorado Gold (TSX: ELD; Nasdaq: ELD) has reported a 7% year-on-year drop in the reserve base underpinning its four operating mines in Turkey, Greece and Canada to 7.4 million oz….
The View from England: Miners still await a miracle
Two years ago, in this column, I reminded readers of The Northern Miner that the mining industry has a patron saint, Barbara, whose feast day (Dec. 4) is observed by…
TSX, mining and metal indices see gains during Nov. 28–Dec. 2 trading week
The markets this week saw the TSX rally to its highest closing level in nearly six months on Dec. 1, buoyed by news that U.S. Federal Reserve Chair Jerome Powell could…