Czech Republic explores its lithium possibilities

MINEX FORUM | August 11, 2017
img0 Image: diamo.cz/ The Czech Republic has the biggest reserves lithium reserves in Europe with one company at the moment having taking the lead in prospecting those reserves and planning their extraction. But some political parties now appear to be discussing whether the state should be taking the lead in exploiting this strategic mineral, Radio Praha notes. ...

Glencore transforms business to meet electric vehicle demand

MINEX FORUM | August 11, 2017
img0 Miner and commodities trader Glencore (LON:GLEN) raised its revenue and profit outlook for the year on Thursday with the Swiss company citing the fast-growing electric vehicle market as a key driver, said mining.com. “Most automotive players are now accelerating investment in/adoption of electric vehicle technologies, reflecting, in part, increasingly aggressive Government mandates around emission targets. Growth ...

Polyus increased production forecast

MINEX FORUM | August 11, 2017
img0 PJSC Polyus («Polyus» or the «Company»), the largest gold producer in Russia, today releases its 2Q 2017 and 1H 2017 Operating results for the period ending 30th June 2017. 1H 2017 Highlights Total gold output increased 12% y-o-y to 938 koz driven by higher production volumes at Olimpiada and Verninskoye Volumes of ore mined increased 29% y-o-y to 17,8 mt as a result of mining volumes growth at Olimpiada, Kuranakh and commencement of full-scale mining ...