News

Finland is the only EU country whose bedrock is known to contain all the major battery minerals — including cobalt and lithium — and the Nordic nation is drawing up plans to exploit these resources in order to become a major industry player. Yet the prospect of increasing mining is controversial in sparsely populated Finland, […]

Prospecting License was granted to Raptor Resources Ltd for a string of townlands in Laois by the Minister for the Environment, Climate and Communications Eamon Ryan. The prospecting licence is for Barytes, Base Metals, Gold, Platinum Group Elements and Silver. A Prospecting Licence entitles the holder to explore for mineral deposits and does not authorize […]

On September 14th, a tailings dam at Central Asia Metals’ lead-zinc Sasa mine in Kamenicka Reka, Macedonia leaked about 8,000 cubic meters of mining waste into a local river. The exact reason for the spill still seems unclear, but Macedonian press is citing a defect in the right side of one of their tailings storage […]

Velocity Minerals Ltd. is a gold exploration and development company focused on southeastern Bulgaria. Velocity has a 70% interest in the Tintyava prospecting licence, which includes the Rozino gold project, located approximately 40 kilometres by road from DPM’s Ada Tepe mine. Dundee Precious Metals Inc.  announced that it has entered into an investment agreement with […]

The Rovina Valley Project covers 27.68 km² in west-central Romania and is 300 km northwest of the capital city of Bucharest. This historic mining district is known as the “Golden Quadrilateral” and is one of the largest gold producing areas in Europe where it is estimated that more that 55 M oz of gold has […]

At present, the annual volume of gold production in Uzbekistan is estimated at 100 tonnes (in 2017 – 89.9 tonnes; in 2019 – 88.5 tonnes) and will significantly increase in years to come. According to latest data, published by the Uzbek State Committee for Geology, the country currently has 63 large-scale gold mining fields, which […]

Any new pandemic or weather-related issues at world’s largest uranium producer Kazatomprom’s operations are not expected to influence 2020 production volumes, the company said in its quarterly update. It could, however, affect reserve development and production plans for 2021, the uranium producer noted. Kazatomprom has resumed activities at all of its mining operations in Kazakhstan, […]

Polymetal has agreed to the $125 million Green Loan with Societe Generale to finance investments in transition to a sustainable and low-emissions economy, it said Nov. 2 and this Russia’s second-largest gold producer has become the first company in the country’s metals and mining sector to secure a Green Loan finance facility, which it will […]

The Alexandrovskoye open pit gold mining project and mining processing plant – GOK assets are located immediately west of the Orsu Metals’s Sergeevoskoe project in Russia and the company has entered into a nonbinding letter of intent (LoI) to acquire a portfolio of core assets, including GOK. Orsu and GOK are conducting a bulk test […]

The Ministry for the Development of the Russian Far East & Arctic recently approved a multi-party complex development plan for new infrastructure in the region. The plan was submitted by the ministry on Novemebr 18 for approval by Russian Prime Minister Mikhail Mishustin. Kazakh copper miner KAZ Minerals on November 18 said risks around its […]