The UK government will fund a study to assess the feasibility of developing a British lithium supply. A consortium comprising the Natural History Museum, explorer Cornish Lithium and mining consultancy firm Wardell Armstrong. The ‘Lithium for the UK’ project aims to help meet the increase in demand for the battery metal expected from the transition to ... ‘Lithium for the UK’ study to be launched
MINEX Forum | June 21, 2019 The UK government will fund a study to assess the feasibility of developing a British lithium supply. A consortium comprising the Natural History Museum, explorer Cornish Lithium and mining consultancy firm Wardell Armstrong. The ‘Lithium for the UK’ project aims to help meet the increase in demand for the battery metal expected from the transition to ... 
Switzerland’s Metalor, one of the world’s biggest gold refineries, said on Monday it would work only with gold from large industrial mines in order to reduce the risk of illegality in its supply chain. Informal methods of gold production, known as “artisanal” or small-scale mining, have grown rapidly in recent years as demand for gold has ... 
Bosnia’s aluminium smelter Aluminij Mostar is seeking a strategic partner to avoid bankruptcy and a consortium led by London-listed miner and commodity trader Glencore has shown interest, its general manager said on Monday. Aluminij, based in Bosnia’s southern town of Mostar and one of the Balkan country’s biggest exporters, has been in trouble for years over ... 
Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, announces the publication of its Notice of Annual General Meeting and confirms details of the timetable for payment of the proposed final dividend for the financial year ended 31 December 2018. The Company’s Annual General Meeting will be held at 11.00 a.m. (UK time) on ... 
Canadian exploration and development company Velocity Minerals has signed an option agreement with Bulgaria’s Gorubso Kardzhali to acquire 70% of the 388-hectare Momchil property in southeast Bulgaria, which includes the Obichnik gold project. Under terms of the agreement, Velocity needs to deliver a NI 43-101 resource estimate to earn its stake. Velocity said the deposit ... 
Norway’s $1-trillion sovereign wealth fund may have to sell its $1-billion stake in commodities giant Glencore, among other companies that derive more than 30% of their revenue from coal, to meet proposed tighter ethical investing rules. Under the centre-right government’s plan, expected to be adopted by Norway’s parliament on Wednesday, the world’s largest fund would ... 
Kincora Copper Ltd. (the “Company”, “Kincora”) (TSXV:KCC) is pleased to announce that further to the news release of May 7, 2019 detailing a private placement of units (the “Units”) at $0.10 to raise proceeds of up to $6,000,000 (the “Offering”), the Offering has closed and was oversubscribed with total subscriptions of $6,251,500. Proceeds from the Offering will accelerate ... 
First Ore-Mining Company, a part of mining division of Rosatom State Atomic Energy Corporation, and ZYFRA, Finnish-Russian digital solutions provider for heavy industries, have signed a Memorandum of Understanding (MoU) on co-operation in deploying AI-based solutions in mining and enrichment operations at the Pavlovskoe deposit, where there are plans to build the most northerly ore-mining ... 
The CEO of gold developer Lydian International, Joao Carrelo, has resigned and will step down on June 12, as part of a restructuring programme for the company’s whose ability to continue as a going concern is dependent on a resolution with disputes in Armenia. Carrelo would continue to assist Lydian on a consulting basis going ... 
Bulgarian precious metals mining company Gorubso Kurdzhali said that its net profit grew to 2.3 million levs ($1.3 million/1.2 million euro) in 2018 from just 31,000 levs the year before. The company’s sales revenue rose to 17.8 million levs last year from 14.5 million levs in 2017, Gorubso Kurdzhali said in an annual financial statement. Personnel ... 
Mechel PAO, a leading Russian mining and metals company, reports signing an agreement with CTP BELAZ-24 OOO for 15 dump trucks with a total value of approximately 2 billion rubles. The deal was signed on the sidelines of the international specialized mining technologies exposition ‘Russian Coal and Mining’ held in Novokuznetsk. The new trucks with ... 
Steelmakers and private equity firms are only working on proposals for parts of collapsed British Steel ahead of a June deadline for binding bids, sources close to the process said. None of the potential buyers, which include GFG Alliance and former owner Greybull, would be willing to take on the whole company, even for a ...