Polymetal posts gold equivalent production declines 9% in Q2
Russia’s Polymetal, a senior global gold and silver producer, reported today that its quarterly gold equivalent production decreased by 9% year-on-year to
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Europe
TIN: Rusolovo back on track with strong Q2
Rusolovo recovered from a poor Q1 to equal second quarter results from last year. Tin production of 712 tonnes, was
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Tungsten West devises new Hemerdon development plan
Following a three-month review, Tungsten West has announced an updated development plan for its Hemerdon tungsten-tin project in Devon, UK.Tungsten
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Cornish Metals presses ahead with processing work
Cornish Metals has announced that it has commenced a new drilling programme at South Crofty, as part of the project’s Feasibility Study. Cornish
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Kinross completes sale of its gold assets in Russia for $340 million
Kinross Gold has announced that it has completed the sale of 100% of its Russian assets to the Highland Gold
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Demand for Russian metals remains robust despite sanctions
Russia produces typically 3% to 6% of global metals supply and significantly more of the world’s palladium and high-quality iron-ore
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GAS AND COAL: Europe goes on an LNG shopping spree
Despite the challenges, Europe has already dramatically reduced its dependence on Russia gas, as record gas prices trimmed demand and
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EU to ban Russian coal from August 2022, followed by ban on oil products
The war in Ukraine is transforming energy and commodity markets. Oil prices are constantly above US$100/bbl and diesel has been
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Novelis to develop carbon-neutral solutions for aluminium manufacturing
Novelis launched a research and development laboratory to advance carbon neutral solutions for aluminium manufacturing, together with local energy distributor
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Hydro has launched its new sustainability ambitions with Hydro CIRCAL
Hydro’s recycling plant in Clervaux, Luxembourg has to date produced 130 tonnes of Hydro CIRCAL 100R, with <0.5 kg CO2/kg
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REPowerEU: Joint European action for rapid clean-energy transition
Global energy prices, which were already rising due to strong demand caused by the post-pandemic economic recovery, have surged to
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Tin production from Russian miner Seligdar fell in Q1 2022
Seligdar owns and operates the Festivalnoye and Pravourmiyskoye mines in the Russian Far East through its subsidiary Rusolovo. In the
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RHI Magnesita and Horn to create refractories recycling platform
RHI Magnesita and the Horn & Co. Group have announced their agreement to combine their recycling activities in Europe to
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Hanson to build UK’s first net-zero cement plant
Hanson UK plans to build the UK’s first net-zero cement factory at a facility in north Wales. Hanson is aiming
Read moreCirculor partners with Rock Tech Lithium for enviro metal
Circulor has announced a comprehensive partnership with Rock Tech Lithium, the Canadian-German cleantech company, and Fraunhofer UMSICHT, an institute of
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Ukraine’s economy to shrink by almost half this year due to war
The World Bank forecasts Russia’s invasion will cause more economic damage across eastern Europe and parts of Asia than the
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Expanded Oropesa Tin ticks all the boxes
Elementos has announced that the planned tin operation at its Oropesa project will now be significantly larger than previously thought,
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RePowerEU plan to cut Europe’s energy dependency on Russian gas
Ambitious European net zero targets, cutting dependency on Russian fossil fuel, regulatory change and growing investor confidence will unlock 42
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WAR! Zaporizhstal restarts blast furnace after 33 days of standstill
Metinvest Group, owned by Rinat Akhmetov and Vadym Novynskyi, has decided on the partial transition into work of Zaporizhstal’s shops
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Cornish Metals receive funds to advance South Crofty
Cornish Metals has raised £40.5 million, providing sufficient capital to advance the South Crofty tin project to a Definitive Feasibility
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HYBRIT receives support from the EU Innovation Fund
The HYBRIT-initiative driven by SSAB, LKAB and Vattenfall has now officially received support from the European Union, as one of
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EU backs plan for world-first carbon border tariff
The European Union wants to introduce CO2 emissions costs on imports of steel, cement, fertilisers, aluminium and electricity, a move
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Zijin Copper stops production at Serbia smelter for three months
BELGRADE – The Bor Smelter, which operates within Serbia Zijin Copper company, will not be operational between April 20 and
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thyssenkrupp suspends forecast for the current fiscal year due to war
Although the thyssenkrupp AG group’s sales from Russia and Ukraine are negligible at significantly less than one percent of total
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Ukraine war affects Russia exports of copper
Sanctions imposed by Europe and the US on Russia are adopted along with the serious Ukraine crisis. In addition to
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Should Europe look for alternatives to Russian energy?
In the short term, European customers are reliant on Russian oil, gas and coal. Governments are looking for ways to
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Norilsk Nickel’s net profit jumps 92% in 2021
Russia-based Norilsk Nickel (Nornickel), the world’s largest palladium and high-grade nickel producer, has reported that its consolidated revenue increased 15%
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Sibanye-Stillwater acquires Sandouville nickel processing facilities
Johannesburg – Sibanye-Stillwater has announced that on 4 February 2022 it completed the acquisition of the Sandouville nickel hydrometallurgical processing
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Russia’s Polymetal beats guidance, produces 1.7Moz of gold in 2021
Russia’s gold mining company Polymetal, a top-10 global gold and silver producer, has reported that its gold equivalent production amounted
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SME Penouta pit moves into tin mining production
Strategic Minerals Europe (SME) has announced that it has begun mining tin from the new open pit at its Penouta
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