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Indonesia to improve coal delivery checks as export ban weighs on economy

By: Reuters     14th January 2022 Indonesia's state utility Perusahaan Listrik Negara (PLN) said on Friday that together with the energy ministry it was strengthening a coal delivery monitoring system to ensure enforcement of domestic sales rules and energy security. The world's biggest thermal coal exporter introduced an export... 

Kazakh uranium major reports no production or sales disruptions

By: Mariaan Webb     13th January 2022 The anti-government protests that rocked Kazakhstan in recent days have not had a major impact on the overall business of the world’s top uranium producer and Kazatomprom said on Thursday that it had not experienced any delays or disruptions to production, deliveries, or sales plans. The... 

Gold ETFs finish 2021 with outflows, still outperform pre-pandemic levels 

By: Marleny Arnoldi     12th January 2022 Gold exchange-traded funds (ETFs) experienced outflows of 173 t, or $9.1-billion, in 2021, driven by North American funds whose assets fluctuated in tandem with the gold price. Collective gold holdings were down 5% year-on-year to 3 570 t for the year, while assets under management in value... 

Vulcan finds partner for its lithium plant

By: Esmarie Iannucci     11th January 2022 Lithium developer Vulcan Energy Resources has signed a memorandum of understanding (MoU) and term sheet with European chemicals producer Nobian, to assess the feasibility of jointly developing Vulcan's Central lithium plant (CLP). Vulcan has previously secured a plot for the construction of the... 

Thor Explorations starts year off well following improvements in December

By: Marleny Arnoldi     10th January 2022 Aim- and TSX-V-listed Thor Explorations has set its full-year production guidance for 2022 at between 80 000 oz and 100 000 oz, following a ramp up in production from the first quarter this year, as per the mine plan for its Segilola operation, in Nigeria. Importantly, the company has managed... 

Hummingbird starts construction at Guinea mine

By: Tasneem Bulbulia     10th January 2022 Aim-listed Hummingbird Resources has started construction at its Kouroussa gold mine in Guinea and has also received results from further assays of the 2021 Resources and Reserves infill drilling programme, including a notable hole of 24 m at 5.33 g/t among others. Construction began following... 

Norway's Yara to stop buying potash from Belarus due to sanctions

By: Reuters     10th January 2022 Norwegian fertiliser maker Yara said on Monday it will wind down its purchase of potash from Belarus by April 1 as international sanctions made it impossible to continue the trade. Yara is a key customer of State-owned Belaruskali, one of the world's largest producers of potassium salt, or... 

A$150m hydrogen trade programme launched in Aus

By: Esmarie Iannucci     7th January 2022 The Australian government has unveiled a A$150-million Australian Clean Hydrogen Trade Program (ACHTP) aimed at attracting overseas investment into hydrogen supply chains originating in Australia. The ACHTP will support Australian-based hydrogen supply chain projects that secure overseas public... 

Pensana becomes signatory of UN Global Compact

By: Donna Slater     6th January 2022 LSE-listed magnet metal supply chain developer Pensana has joined the United Nations (UN) Global Compact – a voluntary initiative to encourage CEOs to implement universal sustainable principles and to take steps to support the UN’s sustainable development goals. As such, Pensana joins over 13... 

Silver Bullet Mines on track to commission modular pilot plant

By: Donna Slater     6th January 2022 TSX-V-listed silver, gold and copper explorer and developer Silver Bullet Mines (SBMI) is progressing with the construction of a 125 t/d modular pilot plant in Arizona, in the US, and is on track to start commissioning of the plant in the first quarter of this year. Currently, over 90% of the... 

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