While it is a known fact that electric vehicles (EVs) use about four times more copper than gasoline-powered vehicles, short-term demand for the metal won’t come from the car industry, but from the charging stations and related infrastructure needed to support EV growth, a new study shows. According to Scottish consultancy Wood Mackenzie, there will ... EV sector will need 250% more copper by 2030 just for charging stations
MINEX Forum | August 14, 2019 While it is a known fact that electric vehicles (EVs) use about four times more copper than gasoline-powered vehicles, short-term demand for the metal won’t come from the car industry, but from the charging stations and related infrastructure needed to support EV growth, a new study shows. According to Scottish consultancy Wood Mackenzie, there will ... 
Eurasia Mining PLC on Tuesday said good progress is being made at the Monchetundra mine, including the recent award of a construction contract. Chinese firm Sinosteel has been awarded the engineering, procurement, and construction deal, with Eurasia currently working to get the project into production after the granting of a mining licence. Sinosteel is to ... 
Kinross Gold Corporation (TSX:K; NYSE: KGC) (“Kinross”) is pleased to announce an agreement with N-Mining Limited (“N-Mining”) to acquire Chulbatkan, a high-quality, heap leach development project with significant upside potential and low relative execution risk, for total fixed consideration of $283 million, including approximately $113 million in cash and approximately $170 million in Kinross shares. ... 
Looking for a long-term bullish signal for copper? Then look no further than Rio Tinto’s struggles with the Oyu Tolgoi mine and expansion project in Mongolia. The latest news about the giant copper-gold project is that the production from the underground expansion will be delayed by more than a year to between May 2022 and ... 
European Metals Holdings could begin operations at its Cinovec lithium project in the Czech Republic by mid-2022, and is holding preliminary discussions with potential customers, it said on Monday. Czech utility CEZ, in which the state holds a 70% share, last week said it had conditionally agreed to provide 2 million euros ($2.2 million) through ... 
Dundee Precious Metals has announced the results of a preliminary economic assessment (PEA) for its Timok gold project, in Serbia, providing a foundation upon which the project will now be optimised. The PEA, prepared by CSA Global Consultants, is based on Timok producing 132 000 oz/y at its peak, at an all-in sustaining cost of ... 
The world’s No.2 miner, Rio Tinto, (ASX, LON, NYSE:RIO) is once again in trouble in Mongolia, but this time it is not related to the government questioning the legitimacy of the ongoing underground expansion of its giant Oyu Tolgoi copper-gold-silver mine, but the costs and schedule of the project. The company revealed on Tuesday that ... 
Australian mining group Raiden Resources has assumed the full ownership of the Zupa copper-gold project in southern Serbia. The transfer of the Zupa project to Raiden’s Serbian subsidiary Skarnore Resources from local company Balkan Mineral Corporation was approved by the Serbian Ministry of Mines and Energy and is now complete, the Australian group said in ... 
Dundee Precious Metals has now officially transitioned its Krumovgrad project in southern Bulgaria to an operating mine with the confirmation of commercial production, and said it will now be known as Ada Tepe The major milestone was effective June 8th, when the project exceeded 60% of its design throughput capacity in a 30-consecutive-day period. First ... 
Metalloinvest continues advanced construction of a major in pit crushing and conveying (IPCC) facility at its Mikhailovsky GOK iron ore operation. Active installation of the NKMZ crushing and conveyor facility is ongoing with commissioning expected soon. Its body is located 200 m underground and it will receive iron ore from heavy trucks, crush it to ... 
Amur Minerals has a huge undeveloped nickel sulphide deposit in Russia. Huge nickel resource in Russia One of the world’s last sulphide deposits Pre-feasibility studies offer two scenarios for economic extraction Long track record of operating in Russia What does Amur Minerals do? Amur Minerals Corporation (LON:AMC) is a junior mining exploration company that holds assets ... 
Turkish engineering, consultancy and project management company Sintek, also a producer of equipment for mining, oil, gas and cement industries, seeks a partnership with Romanian companies Cupru Min and Moldomin for building a copper smelter in Romania. The plant would process the copper concentrate extracted by Cupru Min and Moldomin, according to Profit.ro. The two state ...