News

Vancouver-based mining exploration company Terra Balcanica Resources Corp. this morning said it had extended yet again its polymetallic footprint after a positive step out drill exploration within its flagship project in Bosnia. The company announced today that it intersected 284 g/t silver equivalent (Ageq) over 10 meters from surface, including 895 g/t Ageq over 2 meters […]

As part of the transaction, Eastern Resources owners will receive 952,380 shares into the combined company for each Eastern Resources share they hold, St Charles said in a press release on Wednesday. In total, Eastern Resources shareholders will obtain 33.3 million shares in the newly formed entity, representing a stake of 54.92%. The purchase price […]

As France prepares to dig for lithium in its own backyard, part of the EU’s broader push to create strategic reserves of key raw materials needed for the green transition, activists worry about the environmental impact of mining Lithium, Gallium, Magnesium, Indium, Niobium. Although these rare metals and minerals appear to belong to the same […]

Russian gold and tin miner Seligdar today announced production results for the full-year 2022. The company’s gold production in 2022 amounted to a record 243 koz, which is an increase of 6% compared to 2021 (229 koz), whereas production of tin in concentrate was in line with 2021 and amounted to 2,900 tonnes. In addition, […]

The Swedish state-controlled mining company LKAB has announced the discovery within the Arctic Circle, in a remote northern region, of a deposit totalling more than a million tons of the 27 metals which constitute the “rare earth” group of minerals. These are essential for the manufacture of electric vehicles, wind turbines and all manner of […]

Diversified explorer Arkle Resources said on Thursday it had found lithium bearing pegmatites at its Mine River Block gold project in Ireland. The company, until 2019 known as Connemara Mining, said that of 34 rock chip samples taken from the site late last year, six returned lithium grades of more than 0.02%, with one returning […]

Resource Mining Corporation Ltd has moved swiftly to acquire three highly prospective lithium and base metal projects in Finland after fieldwork returned high-grade results including nickel and copper. The fieldwork formed part of due diligence to acquire Element92 Pte Ltd, which owns Element92 Suomi Oy, the Finland-incorporated company that holds the exploration reservations for the […]

A Norwegian study has found a “substantial” amount of metals and minerals ranging from copper to rare earth metals on the seabed of its extended continental shelf, authorities said on Friday in their first official estimates. The Nordic country, a major oil and gas exporter, is considering whether to open its offshore areas to deep-sea […]

Amaroq Minerals Ltd told investors that results from its 2022 Kobberminebugt project exploration programme in Greenland indicate significant copper mineralization to the western end of the emerging mineral belt which the company is exploring. Providing details of the 2022 programme, Amaroq CEO Eldur Olafsson said: “The company continues to further its strategic metals projects, building […]

Russia’s invasion of Ukraine has forced Europe to look at weaning itself off Russian dominance in its mining industry. Russia’s invasion of Ukraine has provided Europe with the opportunity to conduct a much needed re-appraisal of its raw materials supply chain and its vulnerabilities, the EU has been forced to take a similar look at […]