MINING
Bank of England takes deep dive into 'opaque' commodities
Reuters - Jul 5, 2022 02:29PMLONDON - The Bank of England said on Tuesday it will conduct an in-depth analysis of "opaque" commodity markets after Russia's invasion of Ukraine left the central bank without a full picture of risks and vulnerabilities.
Kore Potash jumps on optimization plans
Kitco News - Jun 27, 2022 01:03PM(Kitco News) - The successful completion of the Kola optimisation study moves us closer to production and we eagerly await delivery of the construction contract and financing proposals," said CEO Brad Sampson.
Brazil's Vale to pay $46 mln for failing to meet deadline to remove tailings dams
Reuters - Feb 25, 2022 04:53PMVale said it removed seven structures since 2019 and expects to end 2022 with 40% of its upstream dams eliminated. This means that 12 out of its 30 mapped dams will have been eliminated by the end of this year.
Upcoming battery metal player charts growth plan through Saudi Arabia - EVM's Michael Naylor
Kitco News - Feb 11, 2022 04:34PM(Kitco News) - The plant will produce high purity chemicals containing lithium, nickel, cobalt, manganese and other metals used for electric vehicles and renewable energy.
Indonesia starts construction of $2.3bn coal gasification plant
Reuters - Jan 24, 2022 02:23PMJAKARTA - Indonesian President Joko Widodo launched construction of a $2.3-billion coal gasification plant on Monday, in a bid to slash the country's liquefied petroleum gas (LPG) imports while optimising its coal resources.
Fortescue to become UK's 'largest supplier of green, renewable hydrogen'
Kitco News - Nov 1, 2021 09:08PM(Kitco News) - Fortescue Future Industries announced the deal today. The company plans to produce zero-emission green hydrogen from 100 per cent renewable sources.
Iron project developer signs up for hydrogen power trial
Kitco News - Jun 1, 2021 07:44PM(Kitco News) - The technology combines solar and hydrogen production.
Cameco reports second positive COVID-19 case at Cigar Lake
Kitco News - Dec 7, 2020 10:59AM(Kitco News) - Cameco (NYSE: CCJ) (TSX: CCO) reported yesterday that an individual at its Cigar Lake uranium mine in Saskatchewan has tested positive for COVID-19. This individual has been in isolation since December 4.
Shanta gold achieve encouraging results in Kenya study
Kitco News - Oct 13, 2020 04:35AM(Kitco News) - Shanta gold has pushed another 5% higher on Tuesday taking the year to date rise up to 105%. In today's update the company have posted an encouraging result from the study in West Africa in the Kenya region
Anglo American's first-half profit slumps 39% on COVID-19 lockdowns
Reuters - Jul 30, 2020 02:13AMLONDON, July 30 (Reuters) - Diversified miner Anglo American said on Thursday first- half profits fell 39% as coronavirus-related lockdowns hit production and it said it was halving its interim dividend.
K92 to grow production by one-third
Kitco News - Jan 28, 2020 11:34AM(Kitco News) - K92 Mining (TSX-V:KNT) said today it expects to grow 34-46% year over year, with gold-equivalent production of between 110,000 and 120,000 ounces.
Its now time to look at junior gold developers and explorers Red Cloud
Kitco News - Jan 20, 2020 03:49PM(Kitco News) - The merger and acquisition activity that swept through the mining sector in 2019 is only going to pick up momentum this year as mine developers and junior explorers are next on the auction block, according to one financing company.
