Make Kitco Your Homepage
Vladimir Basov

Vladimir Basov

Follow Author:

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

read full bio ▼

Global lithium production is expected to catch up with demand in coming years; prices set to decline - report

(Kitco News) - DISER said in a report that in lithium carbonate equivalent (LCE) terms, world lithium production is forecast to increase from 737 kt to 1,472 kt over the period 2022-25.

Fortuna Silver completes acquisition of Chesser Resources, owner of Diamba Sud gold project in Senegal

(Kitco News) - Fortuna Silver completes acquisition of Chesser Resources, owner of Diamba Sud gold project in Senegal.

Coal miner New Hope reports 'exceptional' performance in FY23 with net profit exceeding A$1 billion

(Kitco News) - Australian coal miner New Hope yesterday announced “exceptional” performance across its business for the year ended 31 July 2023 (FY23), underpinned by strong demand and global supply constraints, which pushed thermal coal prices to record levels in the first half of FY23.

Global copper market experiences surplus in January-July as refined production up 7%, ICSG reports

(Kitco News) - According to preliminary data from the International Copper Study Group (ICSG), global refined copper balance in January-July 2023 indicates an apparent surplus of about 215,000 t, as refined copper production increased by about 7% while refined copper usage grew by about 4%.

Shanta Gold's profit jumps in H1 2023 on strong production and higher gold prices

(Kitco News) - Africa-focused gold producer Shanta Gold (AIM: SHG) said today that in H1 2023, the company produced 44,771 oz of gold (H1 2022: 28,947 oz) and generated record revenues of $88.3 million (H1 2022: $51.9 million).

Sierra Metals puts Cusi silver mine on sale block, pivots toward copper

(Kitco News) - Sierra Metals (TSX: SMT) (OTC Pink: SMTSF) announced today that it has placed the Cusi silver mine in Mexico on care and maintenance and initiated a process to sell the mine.

Top 10 largest gold mines in Australia in Q2 2023 - report

(Kitco News) - Kitco ranked the top ten largest gold mines in Australia based on reported production in Q2 2023.

Mark Bristow believes Barrick's growth plan is 'unique' in gold industry

(Kitco News) - Barrick (NYSE: GOLD) (TSX: ABX), the world's second largest gold miner, is projecting a 30% increase in production on the back of the growth options embedded in its asset portfolio, president and chief executive Mark Bristow told the Gold Forum Americas today.

Silver X restarts production at Nueva Recuperada after operational upgrades

(Kitco News) - Peru-focused silver producer Silver X Mining (TSX-V: AGX) (OTCQB: AGXPF) today announced the resumption of its mining operations at the Nueva Recuperada project, effective immediately.

Newmont-Newcrest deal cleared in Australia and Japan, expected to close in fourth quarter

(Kitco News) - Newmont said it continues advancing other regulatory approvals and expects to close the transaction in the fourth quarter of this year.