Water from near-Earth asteroids could fuel space mining
New study suggests that there are about 1,000 water-rich asteroids closer to our planet than the moon.
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Base Metals
Europa raises £1m for Spain PFS
European lead/zinc explorer Europa Metals has raised £1-million in an oversubscribed fundraising to progress the workstreams required for a prefeasibility study of its Toral project in Castilla y León, northern Spain.
The fundraising comprised the iss…
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Sunrise project FEED behind schedule – Clean TeQ
The work plan and schedule for the Sunrise battery materials complex in New South Wales will be revised, Melbourne-based Clean TeQ said on Monday, reporting that the front-end engineering and design (FEED) on the project was behind schedule.
The mine …
Sunrise project FEED behind schedule – Clean TeQ Read More »
Noront secures site for ferrochrome plant to service Ring of Fire deposits
TSX-V-listed Noront Resources has secured a property in Sault Ste Marie, Ontario, to build and operate a ferrochrome production facility to service its chromite deposits in the emerging metals camp known as the Ring of Fire.
The company this month ent…
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Zinc explorer Heron gets waiver on debt facility
Australia’s Heron Resources said on Monday it received an extension to waivers regarding a loan facility, giving the cash-strapped zinc explorer more time to come up with a funding plan.
A cash crunch due to a seven-month delay in the completion of co…
Zinc explorer Heron gets waiver on debt facility Read More »
Arkle’s Teeling says Stonepark has attracted external interest
The current zinc price of more than $2 000/t is "very profitable" for Irish zinc miners and it makes the Stonepark discovery, in Limerick, an “attractive asset”, says London-listed Arkle Mining chairperson John Teeling.
Arkle, formerly Connema…
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Savannah Resources to extract quartz, glass-making ceramic at lithium mine in Portugal
Co-products will initially be sold to ceramics industry customers in Portugal and in neighbouring and Spain.
Savannah Resources to extract quartz, glass-making ceramic at lithium mine in Portugal Read More »
Sibanye to axe more than 5,000 jobs in Marikana restructuring
Precious metals miner said that 3,904 were permanent positions, while 1,366 were contractors.
Sibanye to axe more than 5,000 jobs in Marikana restructuring Read More »
Global copper deficit deepens as Chile, Indonesia production drops
International refined copper market ended the first half of 2019 with a supply deficit of about 220,000 tonnes.
Global copper deficit deepens as Chile, Indonesia production drops Read More »
World’s copper producer issues 10-yr and 30-yr bonds to fund mines overhaul
Chile’s Codelco has a new funding strategy that includes taking out loans and selling non-structural assets.
World’s copper producer issues 10-yr and 30-yr bonds to fund mines overhaul Read More »