Bozymchak mine resumed production after Kyrgyz Republic government-enforced suspension cancelled

MINEX FORUM | November 6, 2017
img0 Just when investors thought it might be safe to enter the Kyrgyz Republic, the volatile government has struck again, this time suspending operations at Kaz Minerals’ (LN:KAZ) Bozymchak copper and gold mine. In a two-paragraph statement, the London-listed company said the government had enforced the stoppage at the openpit mine for a period of three ...

Central Asia Metals acquired the Sasa project in Macedonia

MINEX FORUM | November 6, 2017
img0 Central Asia Metals PLC (AIM: CAML) announces the completion of the acquisition of Lynx Resources Limited, owner of the Sasa zinc-lead mine in Macedonia. The Company’s Enlarged Share Capital has been admitted to trading on AIM.    The Acquisition constitutes a “reverse takeover” under the AIM Rules for the Company and accordingly, the cancellation of ...

Polish coal gets in way of the Emissions Trading System transformation

Irina Dorokhova | November 6, 2017
img0 The buzzword in the Brussels energy and climate bubble is 450, a number that is dividing European Union lawmakers and making coal-dependent Poland fume over upcoming reforms to the world’s biggest carbon market, said mining.com with reference to Bloomberg. Negotiators representing the 28-nation bloc and its member states will meet on Nov. 8 to overhaul the Emissions Trading ...

Cornish Lithium to start drilling in 2018

MINEX FORUM | November 6, 2017
img0 In 2016, Cornish Lithium was set up to take advantage of Cornwall’s historic reserves of lithium and the increasingly bullish market for the previously unremarkable mineral. Then in August this year, the company managed to secure the necessary investment to begin exploration works, mining-technology.com noted. Cornish Lithium is now hoping to be the first company ...