World’s top diamond miner Alrosa hit by US sanctions
Alrosa (MCX: ALRS), the world’s top diamond producer by output, has been hit by fresh sanctions imposed by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). The OFAC…
United States
Analysts adjust higher metal price assumptions on Russia-Ukraine conflict
Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains. Moody’s…
Ambler Metals’ suspended access road permits in legal limbo
A judge of the Federal District of Alaska is expected to render a decision soon in a dispute regarding the development of a 340-km, east-west-running controlled industrial access road that…
Li-ion battery breakthrough improves safety profile
U.S. and China-based researchers have developed a 3D, interconnected, thermally-conductive boron nitride network that greatly improves thermal conductivity in lithium-ion batteries. In a paper published in the journal Green Energy…
Mining’s latest pivot means adjusting to a higher-cost world
Mining was one of few industries that saw relatively little disruption at the start of the global Covid-19 pandemic in March 2020. And although miners endured commodity price volatility, they…
Zinc price to remain high in the near term on Russia-Ukraine conflict – report
Market analyst Fitch Solutions Country Risk & Industry Research has revised its 2022 zinc price forecast higher by more than 20% to US$3,500 per tonne. In a market commentary, Fitch…
RANKED: World’s biggest nickel projects – 2022
Nickel is used mainly in the steelmaking process, but also in production of batteries for electric vehicles, and it is the metal that has grabbed the most headlines so far…
Mining among sectors most affected by climate change in the US
Mining, together with construction, retail trade and services, is among the sectors most affected by cold and wet weather consequence of climate change in the United States. A recent study…
Global Gold Snapshot: Eight companies scouring the globe for gold
With gold prices approaching US$2,000 per oz., gold exploration and mine development remain important drivers for many mining companies. Here are eight global gold explorers to watch. ANACORTES MINING Vancouver-headquartered Anacortes…
Commodity price spikes could signal lasting market changes – report
Market analyst Wood Mackenzie warns that the ongoing metals and mined commodity price spikes, combined with heightened geopolitical tension, could result in long-lasting market changes. In recent months, factors including…
Freeman Gold reports bonanza grades from Lemhi project in Idaho
Toronto-based Freeman Gold (TSXV: FMAN; US-OTC: FMANF) has reported near-surface, bonanza grade results from a recent drilling program at the company’s Beauty zone site, part of its 100%-owned Lemhi gold…
Copper deficit narrows slightly to 475,000 tonnes in 2021
The global refined copper market showed a 92,000 tonnes deficit in December, compared with a 123,000 tonnes deficit in November, the International Copper Study Group (ICSG) said in a new…