News

The European Commission estimates that for electric vehicle batteries and energy storage, it will need up to 18 times more lithium and five times more cobalt in 2030 compared with now, and almost 60 times more lithium and 15 times more cobalt in 2050. At the same time, the commission is proposing to “accelerate and […]

Lithium-ion batteries have brought a revolution in our daily lives, and they are obtained from lithium. Again, lithium is a resource that is becoming the most sought after, which is great news for Serbia. Ultra-fast charging experts have developed the first generation of a lithium-ion battery that can compete with conventional vehicles with petrol or […]

The increase in the value of iridium far exceeded the growth of bitcoin by 85%. Its price climbed to 6,000 dollars per ounce (less than 30 grams), which made it more than three times more expensive than gold. The jump was due to supply disruptions in the past year, and growing demand in the field […]

The mayor of Valjevo, Lazar Gojkovic, confirmed that lithium and boron research has been carried out in this area, with periodic interruptions, since 1997. Asked what her knowledge was about previous research in the field and the alleged intentions of a Canadian company to open a surface mine of lithium and boron near Valjevo, Minister […]

The Turkish Gold Miners Association forecast that Turkey’s 2021 gold output will amount to at least 45 tonnes, surpassing last year’s record-high of 42 tonnes. London-listed Conroy Gold and Natural Resources (CGNR) has signed a letter of intent with Turkey’s Demir Export—a subsidiary of conglomerate Koc Holding—to establish a JV, namely Demir Export JV, on […]

Chaarat Gold is a gold mining company which owns the Kapan operating mine in Armenia as well as Tulkubash and Kyzyltash gold projects in the Kyrgyz Republic. Chaarat Gold Holdings said that it has received positive feedback on the progress of Chaarat’s projects and appreciation for the investments and community support to date during last […]

Rio Tinto operates the mine via its Canadian subsidiary Turquoise Hill, which owns 66% of Oyu Tolgoi. The rest of the mine has been owned by the Mongolian government since the project was launched in 2009. The largest minority shareholder in Rio Tinto’s Mongolian copper project Oyu Tolgoi has filed a class action lawsuit in […]

The previously withdrawn-but-revived claims relate to 2016 and 2017. They include $106-million for withholding taxes paid to its parent company and $17-million related to payroll deductions not withheld by Kumtor Gold Company (KGC) on certain national employee compensation. The State Tax Service in Kyrgyzstan has revived previously-terminated claims and instituted a new claim against the […]

In order to accelerate work at its Chvaletice manganese project, in the Czech Republic, Euro Manganese will raise C$29-million in a private placement. The share offer will be done in two tranches, with the first consisting of more than 41.6-million CDIs to raise an initial C$24.2-million, while the second tranche would consist of more than […]

Associations within Portugal’s mining sector have written an Open Letter to prime minister António Costa ‘reminding him of the importance of the mineral in reducing the country’s economic and energetic dependency’ on other countries. Says ECO online, the sector considers “it is still possible to create a value chain in Portugal for lithium” but not […]