Swiss gold refiners say they didn’t import mystery Russian metal

Mining News Pro - The industry association for Switzerland’s gold refiners said its members didn’t import gold from Russia last month, raising questions about who bought the country’s precious metals.

New squeeze hits London metal market with zinc spreads spiking

Mining News Pro - There’s a new supply crisis brewing on the London Metal Exchange, as plunging stockpiles of zinc leave buyers facing a huge premium to obtain spot metal.

Copper price at 16-month low as slowdown fears hit industrial metals market

Mining News Pro - Copper prices fell to a 16-month low on Thursday as fast-rising interest rates and weak economic data fanned fears of a global slowdown that would reduce demand for metals.

Battery metal buzz counters financial market angst at mining’s big show

Mining News Pro - The turmoil that rocked financial markets this week has done little to shake the optimism around global mining, if the signs of exuberance on display at one of the industry’s biggest gatherings in years are to be believed.

Deal-hungry miners return to Toronto with EV metals in focus

Mining News Pro - As the mining industry gathers in Toronto this week for one of its biggest annual events, the focus will be on two groups of metals: one that’s seeing soaring demand across the world, and another with almost no industrial utility.

Toronto Exchange to launch battery metals index

Mining News Pro - Canada’s Toronto Stock Exchange will launch on Tuesday a battery metals index to support the critical minerals sector and offer insights into the energy transition.

Latin Metals stock jumps on AngloGold Argentina projects investment

Mining News Pro - Latin Metals announced Monday that it has entered into a binding option agreement with AngloGold Argentina Exploraciones S.A., a wholly owned subsidiary of AngloGold Ashanti.

Great Salt Lake plants, insects absorb toxic metals from surrounding mines

Mining News Pro - A recent study by researchers at Utah State University found that plants in Great Salt Lake wetland ecosystems are able to pull hazardous metal pollution from the lake and sometimes pass it up the food chain.

Demand for green metals from recycling expected to grow

Mining News Pro - As the ESG spotlight shifts onto the mining and metals sector, there is increased interest in recycling as a source of green metals, a recent report by White & Case states.

Silverton Metals to buy Margaritas gold-silver asset in Mexico

Mining News Pro - Canadian explorer Silverton Metals plans to buy the Margaritas gold-silver property in Durango, Mexico, from fellow junior Zapata Exploration.

Shrinking stocks likely mean more LME metal price volatility

Mining News Pro - Dwindling stocks in London Metal Exchange registered warehouses mean wild price swings for metals such as copper, tin, and zinc are likely to be a feature of the market for some time.

Metals traders ‘self sanction’ key Russian palladium, disrupting markets

Mining News Pro - A reluctance by precious-metals traders to handle Russian-produced palladium is creating an unusual and persistent dislocation between the world’s two main markets.

South Africans’ hair reveals heavy metal exposure from mining at Witwatersrand

Mining News Pro - An international team of researchers is analyzing individual hair samples from people living and working around the Witwatersrand basin near Johannesburg to determine the degree of uranium contamination and identify which populations are most at risk.

MKS PAMP first precious metals refinery to set SBTi-approved carbon emissions reduction targets

Mining News Pro - MKS PAMP, provider of financial and physical trading services and precious metals refinery, announced Wednesday that it is the first precious metals company in the world to have SBTi approved carbon emissions reduction targets, committing to a 1.5°C emissions reduction in line with the Paris Agreement.

Metals scarcity could slow energy transition

Mining News Pro - While the movement to an electrified future is already picking up pace, it will be much slower than some of the optimistic projections in the market today, CPM Group founder and MD Jeffrey Christian told an industry event in Vancouver.

Entire rare earth metals family could help address acid gas pollution

Mining News Pro - Materials that can be made from the entire family of rare earth metals may be the key to addressing nitrogen dioxide and sulphur dioxide (NO2 and SO2) pollution, which is responsible for acid rain.

Osisko Metals announces $7.8m bought deal to fund Pine Point

Mining News Pro - Osisko Metals is planning to raise C$10 million ($7.8m) through a bought deal private placement to fund the exploration of its Pine Point zinc project and newly acquired Gaspé copper project. The financing, involving a syndicate of underwriters led by Eight Capital, comprises the placement of approximately 14.82 million flow-through units of the company at a price of C$0.54 per unit and 4 million flow-through shares priced at C$0.50 each.

Aluminum price rises on low supply as base metals end fear-filled week

Mining News Pro - Aluminum rose in London on shrinking inventory as other base metals wavered following a turbulent week dominated by growing concerns on the state of the global economy.

Gold price retreats as dollar rally dims precious metals appeal

Mining News Pro - Gold, along with other precious metals, retreated on Thursday as investors’ attention turned to the accelerating dollar, driven by bets that the US Federal Reserve will stick to aggressive rate hikes.

Metal demand seen surging for decades on strength of energy transition

Mining News Pro - Demand for metals used in everything from wind-turbine blades to batteries will surge for decades to come, driven by efforts to decarbonize the global economy and shift away from fossil fuels, according to the World Bank.

The Metals Company deep-water tests polymetallic nodule collector vehicle in Atlantic

Mining News Pro - The Metals Company, an explorer of lower-impact battery metals from seafloor polymetallic nodules, announced Tuesday it has completed initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean.

Imperial Metals speeds up work to reopen Mount Polley copper mine

Mining News Pro - Imperial Metals is aiming to reopen its Mount Polley copper-gold mine in British Columbia, Canada, before the end of June, buoyed by high prices for the metal and a looming deficit.

Sibanye bides time on battery metals push as asset prices soar

Mining News Pro - Sibanye Stillwater Ltd. chief executive officer Neal Froneman plans to resume battery-metals acquisitions within two to three years, once inflated asset valuations come down.

Metal electrolysis could support more efficient

Mining News Pro - By mapping what is happening at the atomic level behind a particularly promising approach called metal electrolysis, researchers at the Massachusetts Institute of Technology and the SLAC National Accelerator Laboratory are taking the first steps into future solutions that could usher in more efficient, eco-friendly processes for the production of lithium, iron and cobalt, as well as aid the development of metal-air batteries.

Europe’s Green Deal requires massive amounts of battery metals

Mining News Pro - A recent study by KU Leuven University shows that meeting the European Union’s Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and 7 to 26 times the amount of rare earth metals compared to Europe’s current use.

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