The top silver producers for the second quarter of 2023 have been ranked based on their reported output. While Codelco and Polymetal didn’t make the list due to missing quarterly data, several other prominent companies did. Fresnillo leads as the world’s premier silver producer, with its Q2 2023 silver production reaching 14.9 million ounces (Moz), marking a 3.5% increase from...
The Italian government is poised to expedite the licensing process for lithium battery production at Glencore’s Portovesme site in Sardinia. However, before any action can be taken, the government requires a detailed business plan from the Swiss company. This statement was issued by Adolfo Urso, the Minister of Enterprise and Made in Italy. Earlier this year, Glencore, in collaboration with...
Panther Metals has voiced its support for Fulcrum’s recent expansion of the Charlot-Neely uranium-gold project in northern Saskatchewan, Canada. With the staking of three new claim blocks, Fulcrum has added a significant 4,856 hectares to the project’s area. Panther’s connection to this venture is evident; the company currently holds a 19.99% interest in Fulcrum. Beyond this stake, Panther also possesses...
Adriatic Metals and Boliden have announced a collaboration to produce zinc and other metals, adhering to the topmost ESG (Environmental, Social, and Governance) standards. Boliden’s smelter expansion, the Green Zinc Odda project, will boost the annual production capacity from 200 kilotonnes to 350 kilotonnes, making it one of the most environmentally friendly zinc productions globally. In a press-release, Vildana Mahmutovic...
Alien Metals Ltd has reported that its subsidiary, the Iron Ore Company of Australia, has secured Heritage Agreements with the Karlka Nyiyaparli Aboriginal Corporation RNTBC. The agreements concern two exploration licences and one miscellaneous licence associated with the Hancock Iron Ore Project in Western Australia’s Pilbara Region. Alien Metals owns a 90% interest in this project. The Heritage Agreements cover...
Background: The CIG, a prominent union in Galicia representing worker rights, has been in talks with Alcoa to ensure job security and uphold production standards. Alcoa’s plant in San Cibrao, A Mariña, is pivotal in the aluminum production landscape. The company had earlier shut down its electrolysis tanks and has now temporarily halted operations in the smelting section, which remained...
Court Decision: In August, the economic court of Donetsk region recognized “Ukrtsink” from Kostyantynivka as bankrupt, as noted in the court register. Historical Background: The enterprise, which was once a significant player in non-ferrous metallurgy, ceased operations in 2002. From its assets, new entities like “SP Lead” and “Zinc” emerged. “Ukrzinc” was established in Konstantinovka in 1930 to manufacture zinc....
Hemlo Explorers has shared new findings from its 2023 geological mapping and grab sampling program conducted on the eastern sector of Project Idaho. Strategically positioned 2-3 km east of the advancing Marathon Cu-Pd deposit managed by Generation Mining Ltd., Project Idaho lies between the Coldwell Complex and the Archean greenstone belt, renowned for the Hemlo gold mine of Barrick Gold...
The Almalyk Mining and Metals Combine (AGMK), a significant copper, silver, and gold producer in Uzbekistan, has secured a $2.55 billion loan from Germany’s KfW-IPEX Bank. This financial move aims to double AGMK’s current production capacity. Last year, AGMK produced 148,500 metric tons of copper. AGMK’s operations are primarily based on reserves of copper-molybdenum, lead-zinc, and gold-silver deposits found in...
On Monday, Vedanta group company Hindustan Zinc announced a 1% decrease in its mined metal output, producing 252,000 tonnes in Q2 of the current fiscal year. For comparison, the production was 255,000 tonnes in Q2 of the previous year. The drop, according to a BSE filing, was primarily due to reduced ore production at the Rampura Agucha & Kayad mines....
