Renewables adoption speed still too slow to limit climate crisis — IEA
Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050,…
Europe
Palladium ETF tops US$100M in AUM for the first time
A substantial influx of interest from institutional investors and wealth management allocations has pushed the Global Palladium fund (GPF), an exchange-traded fund created by Russia’s Norilsk Nickel, above US$100 million…
Cobalt prices supported in 2021, expected to fall in 2022 – report
The S&P Global Market Intelligence November Commodity Briefing states that cobalt metal prices are expected to remain supported for the remainder of 2021 as logistical pressures persist. “There are no…
Inflation anxiety — what’s in store
The Q4 edition of The Northern Miner’s Global Mining Symposium on November 17 and 18 was another resounding success. The conference featured a top notch roster of guests from the…
India factory closures weigh on De Beers diamond revenues
Anglo American‘s (LON: AAL) diamonds unit De Beers has reported another decline in sales revenue for the ninth sales cycle this year, as cutting factory closures in India weighed on…
PYX Resources dual lists in London as zircon supply crunch intensifies
Australia-based PYX Resources (NSX: PYX; LSE: PYX) has taken up a secondary listing on the London Stock Exchange to give more investors access to the zircon market while providing the…
Update: Greenland Minerals tanks as uranium ban leaves project in limbo
Shares in Greenland Minerals (ASX: GGG) fell almost 30% on November 12 to 8.8 Australian cents as the company resumed share trading following Greenland government’s decision earlier this week to ban…
Greenland bans uranium mining, blocking vast rare earths project
Greenland’s parliament has passed a bill to ban uranium mining and exploration in the Danish territory, effectively blocking the development of the vast Kvanefjeld rare earths project, one of the…
The View from England: Fuse lit for American ironworkers
Friday November 5 saw fireworks on either side of the Atlantic. Just as the big bangs were fading on Guy Fawkes Night in the United Kingdom, rockets were going off…
Otso gold mine in Finland returns to production
The gold miner expects to sell the first gold dore from the site over the next week.
Agnico Eagle exploration spending to hit record US$163M in 2021
Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is on track to set a record with its 2021 exploration spending. This year’s budget is now US$163 million, compared to US$113 million…
TSX Venture Exchange climbs, Oct. 25-29
The S&P/TSX Venture Composite Index rose 1.59 points or 0.17% to finish the October 25-29 trading week at 950.43. Spot gold climbed US$8.50 per oz. or 0.47% to US$1,784.30 per…