July 2023

Golden Minerals tables initial resource for Yoquivo silver-gold project in Mexico :

admin1 year ago04 mins

Golden Minerals, a mining company focused on precious metals exploration and development, has announced the release of the initial resource estimate for its Yoquivo silver-gold project located in Chihuahua, Mexico. The company’s preliminary findings indicate promising mineralization potential, highlighting the project’s significant prospects for future development. The Yoquivo project covers an expansive land package of…

UN at COP26: “Enough of mining we are digging our own graves” :

admin1 year ago1 year ago05 mins

The United Nations’ statement at the COP26 (26th UN Climate Change Conference of the Parties) regarding mining has sparked significant attention and debate. The statement, “Enough of mining…we are digging our own graves,” reflects growing concerns about the environmental and social impacts of mining activities. This article will elaborate on the context and implications of…

Trafigura’s nickel nemesis was already notorious in metal circles :

admin1 year ago1 year ago04 mins

Trafigura, a global commodity trading firm, has garnered notoriety in metal circles, particularly concerning its dealings in the nickel market. The company’s activities and reputation have been the subject of widespread discussion and scrutiny within the industry. This article will delve into Trafigura’s infamous status in the metal market, highlighting the reasons behind its controversial…

Serra Verde starts commissioning Brazilian rare earths mine :

admin1 year ago1 year ago04 mins

In an exciting development for the Brazilian mining industry, Serra Verde has announced the commencement of the commissioning process for its highly anticipated rare earths mine. This milestone marks a significant step forward in Brazil’s ambitions to tap into its vast reserves of rare earth minerals and reduce its dependency on foreign imports. The Serra…

Brazil to require electronic tax receipts for buying and selling gold :

admin1 year ago1 year ago05 mins

Brazil’s government has recently announced a significant measure to enhance transparency and combat tax evasion in the gold market. Starting January 1, 2024, the country will require the use of electronic tax receipts for all transactions involving the buying and selling of gold. This move is part of Brazil’s broader efforts to modernize its tax…

Anglo American cuts output targets for coal, iron ore and diamonds :

admin1 year ago05 mins

Anglo American, one of the world’s largest mining companies, has announced that it will reduce its production targets for coal, iron ore and diamonds in response to challenging market conditions. This is the latest in a series of moves by the company to adjust to the current economic environment, which has seen commodity prices drop…

Anglo Asian Mining back in the black as copper output doubles :

admin1 year ago11 months ago05 mins

Anglo Asian Mining plc, a gold, copper and silver producer with operations in Azerbaijan, announced that it had returned to profitability in the six months to June 30th 2019. The company reported a pre-tax profit of $1.5 million, compared to a loss of $1.2 million in the same period last year. The company attributed its…

Russia, Congo, Botswana hold of global diamond reserves :

admin1 year ago11 months ago03 mins

Russia, Congo, and Botswana are three of the world’s leading diamond producers and holders of global diamond reserves. The three countries account for the majority of the world’s diamonds and are responsible for the majority of diamond production and exports. Russia is the world’s largest diamond producer and the largest holder of global diamond reserves….

Nickel, cobalt prices benefit as electric car action shifts to Europe :

admin1 year ago11 months ago06 mins

The electric car revolution is gaining momentum in Europe, and that is good news for nickel and cobalt prices. The continent is becoming an increasingly important market for electric vehicles (EVs), and that is driving up demand for nickel and cobalt, two key components in the batteries that power EVs. The shift in focus to…

China is virtually alone in backing Africa’s coal projects :

admin1 year ago11 months ago06 mins

The relationship between China and Africa is a complex one, with the two sides traditionally having a symbiotic relationship. In recent years, however, China has been increasingly criticized for its involvement in Africa’s coal industry, with many observers arguing that the country is virtually alone in backing the continent’s coal projects. This article will explore…

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Golden Minerals tables initial resource for Yoquivo silver-gold project in Mexico :

UN at COP26: “Enough of mining we are digging our own graves” :

Trafigura’s nickel nemesis was already notorious in metal circles :

Serra Verde starts commissioning Brazilian rare earths mine :

Brazil to require electronic tax receipts for buying and selling gold :

Anglo American cuts output targets for coal, iron ore and diamonds :

Anglo Asian Mining back in the black as copper output doubles :

Russia, Congo, Botswana hold of global diamond reserves :

Nickel, cobalt prices benefit as electric car action shifts to Europe :

China is virtually alone in backing Africa’s coal projects :