Kazakhstan is one of the world leaders in chromite mining, production and reserves, according to the United States Geological Survey. The country was the third biggest chromite producer in 2018 with 4.6 million tonnes. South Africa and Turkey were the largest and second largest with 16 million and 6.5 million tonnes, respectively. Kazakhstan, however, ranks ... Kazakhstan is one of world leaders in chromite mining, production and reserves
MINEX Forum | September 24, 2019 Kazakhstan is one of the world leaders in chromite mining, production and reserves, according to the United States Geological Survey. The country was the third biggest chromite producer in 2018 with 4.6 million tonnes. South Africa and Turkey were the largest and second largest with 16 million and 6.5 million tonnes, respectively. Kazakhstan, however, ranks ... 
Russia’s long-running bet on gold is looking better every month. The country quadrupled gold reserves in the past decade as it diversified away from U.S. assets, a move that has paid off recently as haven demand sent prices to a six-year high. In the past year, the value of the nation’s gold jumped 42% to ... 
Some estimate that the continent’s largest reserves of lithium—the metal used for batteries —are in Serbia. The hard part might be getting it out. The ancient scooter gurgling through a languid summer afternoon brought groceries and a fistful of cash to Sasa Antic’s house. Like many of his neighbors, the 30-year-old Serb hasn’t had a ... 
The global palladium market will remain in structural deficit this year, Russia’s Norilsk Nickel (Nornickel) said on Tuesday as it reported an 81% leap in first-half net profit. Nornickel, the world’s largest palladium producer, said that first-half net profit jumped to $3 billion as London palladium prices rose by 40%. Palladium prices hit a three-week ... 
We were right. At the beginning of the year, in the January edition of the Gold Market Overview, we wrote that “2019 fundamental outlook for the gold market is better than one year ago”. The quote below will give you full insight into our predictions at that time: As for the fundamental outlook, we believe ... 
The mining industry has enjoyed a relatively stable year, but concern about the industry’s sustainability track record continues, among both investors and consumers. Overall investor returns for the industry over the past 15 years have been consistently poor as a result. The mining industry faces a number of areas of acute concern, with global demand ... 
The chief executive of Polish miner KGHM expects copper prices to fluctuate around $6,000 per tonne by the end of the year, he said on Wednesday. “I do not see any reasons for a radical deterioration in price parameters. I think one should expect the copper price to oscillate around $6,000 per tonne by the end of ... 
Consultants Wood Mackenzie estimate electric vehicle (EV) sales including hybrid electric vehicles (HEV) were up more than 24% last year Wood Mackenzie expects global electric vehicle sales with a plug to account for 7% of all passenger car sales by 2025, 14% by 2030 and 38% by 2040. Battery materials — cobalt, lithium and nickel ... 
Nickel is adding shine to the otherwise lacklustre 2019 industrial metals complex, as expectations of booming demand from electric vehicles and renewed supply worries rev prices to a one-year high. Nickel is now up 37% since the start of the year, reaching $14,665 per tonne on Thursday in London and jumping 4% in Shanghai to ... 
Adamas Intelligence tracks the battery capacity (and the metals used in them) of electric vehicles sold in more than 80 countries around the world, representing more than 90% of the global EV market. The latest report by Toronto-based Adamas on global EV battery deployment in passenger vehicles should give Tesla skeptics, the ranks of which ... 
Turkey’s annual gold production “may easily reach 50 tons within the next two-three years, thanks to new investment projects,” the head of the Turkish Gold Miners Association has said. The country’s gold production, which was 22 tons in 2017, rose to 27 tons in 2018, Hasan Yücel said in a statement. He noted that Turkey produced a total of 302 tons of gold from ... 
While uranium oxide prices continue to drift in the doldrums, several uranium companies have still raised a bit of money to explore and carry out modest programs. Here is a look at eight uranium-focused companies that are active in 2019. ALX Uranium Based in Vancouver and led by CEO and chairman Warren Stanyer, ALX Uranium (TSXV: AL; ...