Rock Tech Lithium closes $40M financing
Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has closed its previously announced marketed offering, issuing approximately 11.5 million units of the company priced at $3.50 per unit for aggregate gross…
Europe
Copper deficit a critical destabilizing threat to international security, says S&P Global
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week. “Projected annual shortfalls will place unprecedented…
Worsening economic outlook, weak metals prices marred mining in Q2, says S&P Global
Analysts at S&P Global Market Intelligence have pointed the finger at a worsening global economic outlook and softer metals prices for dragging down global mining activity in the three months…
The View from England: Unsighted, so expect the unexpected
Only newsletter writers and commodity analysts see the future with perfect clarity, the rest of us must muddle along with probabilities and best guesses. A strategist was quoted recently in…
Ukraine war crisis offers Canada an opportunity to lead with responsible mining
Russia’s invasion of Ukraine has shone a spotlight on energy security throughout Europe and the Americas. World leaders are finally paying attention to their reliance on Russia for energy and…
Hundreds of new mines required to meet 2030 battery metals demand, finds IEA report
Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found. In…
Condor Gold shares jump on La India test results
Shares in Condor Gold ((TSX: COG; LSE: CNR) jumped on Thursday after unveiling final metallurgical tests results for its flagship La India open pit gold project in Nicaragua, which it said “provide confidence”…
Eldorado Gold sees 22% rise in Q2 cash operating costs
Eldorado Gold (TSX: ELD; NYSE: EGO) has reported an increase of 22% in cash operating costs for the three months to June 30 compared to the same period last year, and expects…
The view from England: Time to wake up sleepy heads
I have a theory that mining executives are eating too much salad. Beatrix Potter warned us in 1909 that eating lettuce is soporific (in her Tale of the Flopsy Bunnies)….
Greenland Minerals to fight draft rejection of mining permit for rare earths project
Australia-based Greenland Minerals (ASX: GGG) said on Tuesday it will fight the Greenland government’s draft decision to reject a mining permit for the company’s Kvanefjeld rare earths project, based on a nationwide…
Pensana starts building UK’s first rare earths refinery
Rare earths junior Pensana (LSE: PRE) has broken ground at its Saltend rare earth processing hub in northern England, set to be the country’s first major facility of its kind…
The tough times will pass for boom-and-bust mining sector
I have been working with a great group of young professionals lately that have generated some interesting conversations. Some of them voiced fears and dismay at what the world is…