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Russia’s gold mine production growth to overtake China’s by 2029
The global gold mine production growth is expected to rebound in the coming years underpinned by higher gold prices and mergers between major mining firms. The forecast global gold production to increase from 106moz in 2020 to 133moz by 2029, averaging 2.5% annual...
Fuel spill in Siberia to cost Nornickel over $150 million
Clean-up costs for the fuel spill that took place in late May at Nornickel’s Heat and Power Plant № 3 near Norilsk, in north-central Russia, add up to $150 million, according to information released by the company this week. To this amount, the company will have to...
Centaurus hits high-grade nickel sulphides at Jaguar
Centaurus Metals has achieved positive exploration results from the Jaguar nickel sulphide project in Brazil’s Carajás mineral province – just months into acquiring the project from Vale. Centaurus completed the mine’s acquisition in April, with the project containing...
Galileo searches for the next Nova with Fraser Range survey
Galileo Mining is on the lookout for its next nickel target in Western Australia’s Fraser Range region, which houses IGO’s Nova nickel mine. The company has started electromagnetic (EM) surveying at its tenements in the Fraser Range, aiming to define the most...