Russia may benefit from trade rift between China and Australia

Anastasia Bogdanova | December 17, 2020
img0 Russian coal suppliers could boost their exports to China, as the world’s largest coal buyer is reportedly curbing shipments of the commodity from Australia amid escalating tensions between the two countries. The developer of the largest Russian coal deposit, Elga, announced on Tuesday that it created a joint venture with a Chinese shipping company to ...

Gold mine production to grow over the next decade, says Fitch Solutions

Anastasia Bogdanova | November 18, 2020
img0 Global gold mine production growth will rebound in the coming years, underpinned by higher gold prices and mergers between major mining firms, Fitch Solutions Country Risk and Industry Research says. Major mergers among global miners and an improving gold price outlook are likely to boost global mine supply in the coming quarters, it notes. Fitch Solutions ...

Canadian companies interested in Kazakhstan’s energy, mining, metallurgy sectors

Anastasia Bogdanova | November 18, 2020
img0 NUR-SULTAN (TCA) — Kazakhstan and Canada discussed investment cooperation opportunities in natural resources and energy at the virtual Working Group meeting of the IV Kazakhstan Canada Business Council on November 16. During the event, the participants learnt about the latest updates on these industries’ investment potential and specific investment projects for joint implementation. More than ...

Re-localising the extraction of mineral resources: the challenges of lithium in Europe

MINEX Forum | July 3, 2020
img0 Author: Blandine Gourcerol (MENAFN – The Conversation) Among the challenges that await Europe and France in ‘the world to come’ is the re-localisation of our supply of essential mineral ores. The fact is that France imports almost 100% of its metals and a significant proportion of the strategic minerals that its industry uses. In addition ...

Trans-Siberian Gold shares jump 6% following positive estimates in Russia

Anastasia Bogdanova | February 11, 2020
img0 Trans-Siberian Gold (LON:TSG) have seen their shares jump on Monday following developments made regarding their Russian operations. The firm said that they had reported a mineral resource estimation of one million ounces of gold at their Rodnikova deposit. Looking at the JORC-compliant estimate, this indicated a mineral resource estimate of 3.1 million tonnes at a grade of ...

Gold production to grow in the next four years: report

MINEX Forum | November 27, 2018
img0 A report by Fitch Solutions states that the period 2018-2022 is seeing a growth in gold production because slightly higher prices and stronger company financials are encouraging greater mine investment. “We forecast global gold production to increase from 104moz in 2018 to 115moz by 2022, averaging 2.6% annual growth,” the document reads.”We expect gold prices ...