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 ...

Copper price soars to 3-month high

MINEX Forum | June 6, 2018
img0 Copper jumped 3.7% in New York on Tuesday to trade at $3.25 a pound ($7,165 a tonne), the highest since end-February, as worries about supply disruptions in key producing region resurface. Workers at the Escondida copper mine in Chile put down quite a marker in the third round of contract negotiations with part-owner and operator ...

Jet engines help power cobalt to 10-year highs

MINEX Forum | May 25, 2018
img0 The spotlight in the cobalt market has been fixed on electric vehicles but shrinking supply and robust demand from traditional sectors such as jet engine makers are helping fuel a price rally that shows no signs of fading. Cobalt in recent years has become synonymous with electric vehicles as it is used in rechargeable lithium-ion ...