Palladium prospects in the electric vehicles world

MINEX FORUM | May 25, 2017
img0 Image: kommersant.ru Palladium has been consistently one of the better-performing precious metals on the market, sometimes achieving higher price growth than gold and platinum. Its market price is on the rise again, but given its substantial reliance on the diesel car sector and the rise of electric vehicles and other disruptive technologies, could the value ...

Georgian Mining raised US$7 million for resource base expansion at the Kvemo Bolnisi project in Georgia

MINEX FORUM | May 24, 2017
img0 Georgian Mining Corporation (GEO) announced that it has raised US$7 million (£5,463,942) by way of a significantly oversubscribed placing and subscription of 34,149,638 new ordinary shares of no par value in the capital of the Company (‘the Placing Shares’), with new and existing shareholders in the Company, at a price of 16 pence per Placing ...

Nordgold’s TCC increased by 11%

MINEX FORUM | May 22, 2017
img0 The gold producer Nord Gold SE (“Nordgold”) announces its unaudited financial and operating results for the first quarter ended 31 March 2017. Refined gold production in Q1 2017 increased to 239.4 thousand gold equivalent ounces (“koz”), up 14% year-on-year (“YoY”) mainly driven by the launch of Bouly in Burkina Faso in September 2016. Average realised ...

Chinese CNTIC to invest to Massalsky Mining and Processing Plant

MINEX FORUM | May 18, 2017
img0 Portfolio companies of Kazakhstan’s national wealth fund Samruk-Kazyna JSC have signed several agreements with Chinese partners as part of the official visit of Kazakhstan President Nursultan Nazarbayev to China. Nazarbayev was in Beijing to attend the Belt and Road Forum for International Cooperation on May 14-15, said timesca.com. In Beijing, Massalsky Mining and Processing Plant ...

“The electric vehicle revolution is happening and its impact is likely to be felt faster than expected – ”Ivan Glasenberg su

MINEX FORUM | May 18, 2017
img0 Image: huffpost.com Around half of global copper demand is from the electronics industry and roughly one quarter finds application in building and construction. The remainder find its way into industrial machinery, consumer products and – important in terms of growth potential – the vehicle market, specifically electric vehicles, mining.com notes. Vehicles with conventional internal combustion engines typically contain ...

82% of executives to increase investments in digital mining technologies over the next three years

MINEX FORUM | May 16, 2017
img0 82 percent of the mining industry look set to increase investments in digital technology over the next three years, according to a new report. Accenture has released its latest “Digital in mining: Progress and opportunity” report,  which takes an in depth look into how the mining industry is using, and not using, digital technology to improve ...

Peter Hambro to step down as Petropavlovsk Chairman

MINEX FORUM | May 15, 2017
img0 Further to the announcements on 12 May 2017 and the succession planning referred to in its Annual Results, London-listed Petropavlovsk PLC (“Petropavlovsk”), a leading gold producer in the Russian Federation, provides the following comments on its proposed Board changes. Andrew Vickerman to become independent interim non-executive chairman following conclusion of AGM; Peter Hambro to step down ...