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 ...

Tech sold its stake in Irish project to G11

MINEX FORUM | September 13, 2017
img0 The board of Connemara Mining Company plc (AIM: CON) have been informed that Group Eleven Resources Corp. (“G11″), a private company, has acquired the 76.56% interest held by Teck Ireland (“Teck”) in TILZ Minerals, the joint venture company, which holds six (6) prospecting licences covering the Stonepark zinc project in Limerick, Ireland, said Connemara Mining.  Connemara ...

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 ...

Centerra commented discussions with the Kyrgyz Government

MINEX FORUM | September 8, 2017
img0 Centerra Gold Inc. (TSX: CG) commented ongoing discussions between the Company and the Government of the Kyrgyz Republic (the “Government”) in relation to the Company’s Kumtor Project. The Company is aware of press reports in the Kyrgyz Republic today describing statements made by the Government to a Parliamentary committee, which included terms of a proposed settlement between the ...

Russia to compete with India for the polished diamonds market

MINEX FORUM | September 6, 2017
img0 Russia’s government wants state-owned Alrosa (MCX:ALRS) to offer more favorable terms to local cutters so they are able to compete in a market that’s dominated by Indian manufacturers, said mining.com with reference to Bloomberg. In an interview with Bloomberg, Deputy Finance Minister Alexey Moiseev said that the Putin administration would like for Alrosa -which is the ...

World Cold Council issues gold back ETF analysis

MINEX FORUM | September 6, 2017
img0 World Gold Council issued monthly analysis of gold-backed ETFs and similar products with detailed information and insight on global trends of gold investment demand through ETFs. Regional fund flows North American ETFs drove global inflows in August as investors added 27.8 tonnes ($1.3bn, 2.6% AUM) Flows in Europe were mixed with a net increase of 6.4t ...

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 ...