Who owns Armenia’s mines?

MINEX Forum | January 12, 2018
img0 Mining is one of the most important sectors of the Armenian economy; it has the largest share of exports constituting more than half the total value. On 9 March 2017, Armenia became a candidate country for the Extractive Industries Transparency Initiative (EITI). Candidacy means the country must undertake a series of reforms within a set timeframe to comply with ...

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 ...

EIA predicts the future growth in non-OECD Asia

MINEX FORUM | September 19, 2017
img0 Based on projections in US Energy Information Administration’s (EIA) International Energy Outlook 2017 (IEO2017), much of the future growth in world energy consumption will occur in the nations of Asia outside of the Organization for Economic Cooperation and Development (or non-OECD Asia). Although China and India account for most of the region’s energy consumption, EIA projects broad ...

WNA forecast: World reactor requirements for uranium to rise to 75000 tonnes by 2025

MINEX FORUM | September 15, 2017
img0 World nuclear generating capacity is set to continue to grow according to the World Nuclear Association’s newly published biennial report on the nuclear fuel market. Projections of installed capacity – and the uranium required to fuel it – have been revised downwards since the 2015 edition but still represent a higher growth rate than any ...

Intergovernmental Commission discussed the current situation in the Kazakhstan mining industry

Anastasia Emelianova | September 13, 2017
img0 Kazakhstan Intergovernmental Commission (IGC) meeting hosted by Norton Rose Fulbright LLP took place on 12 September 2017. This meeting aimed to assess the progress of the Mining Code development and implementation, look into current situation in the Kazakh Mining industry and discuss opportunities and barriers for development. The next IGC meeting will occur 4-5 December in London. ...

Centerra Gold entered into a strategic agreement with Kyrgyz government

MINEX FORUM | September 12, 2017
img0 Centerra Gold Inc. (TSX: CG) announces that the Company and its Kyrgyz subsidiaries (Kumtor Gold Company (“KGC”) and Kumtor Operating Company (“KOC”)) have entered into a comprehensive settlement agreement (the “Strategic Agreement”) with the Government of the Kyrgyz Republic (the “Government”) on behalf of the Kyrgyz Republic. Highlights of the Strategic Agreement Full and final reciprocal releases ...

Coal, diamonds, uranium, phosphate nd others slumber beneath the icy surface of the Arctic

MINEX FORUM | August 29, 2017
img0 Image: http://www.ec-arctic.ru The polar regions are the closest thing left to virgin territory in the modern world. But with sea ice melting at a rapid rate due to global warming, the Arctic Sea — and its abundance of valuable minerals and natural resources — is becoming more accessible each year, news.com.au notes. The Arctic, including the fabled ...

US’ states transform their energy strategy. New volumes of critical metals can be required

MINEX FORUM | August 25, 2017
img0 Image: frankgayservices.com In another sign that the age of fossil fuels is waning, the California State Senate has passed a bill to commit the state to use 100 percent renewable energy for power by 2045. Other states and cities — including Massachusetts, Chicago and Atlanta — intend to make similar switches. Proponents highlight a bevy of ...