Pljevlja Coal Mine marks 73 years with record output, new investments, and a concession extension to 2050.
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Aurubis has modernized its Avellino shaft furnace, boosting copper wire rod output by 20% and laying the foundation for greater sustainability.
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First Nordic Metals and Mawson Finland are merging to form NordCo Gold, a C$259M Scandinavian gold exploration and development company.
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Kazchrome has launched an AI pilot project at its Aksu Ferroalloy Plant to optimise furnace operations and boost efficiency.
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Savannah Resources has raised lithium reserves at its Barroso project by 40%, reinforcing its strategic role in Europe’s EV supply chain.
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RG Gold, Kazakhstan’s second-largest gold producer, has posted a dramatic 75% year-on-year profit increase to 80.5 billion tenge ($172 million) for 2024, capitalizing on sustained high bullion prices and operational efficiencies.
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Kazakhstan's national atomic company, Kazatomprom, has announced that its Baa1 rating with a stable outlook has been affirmed by Moody's Ratings, following a periodic review.
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Poland’s JSW, Europe’s top coking coal producer, mined 1.01 million tons of coal in August—falling short of its monthly target but staying on track to meet annual goals, supported by strong coke output and extended mining licenses.
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Eurasian Resources Group (ERG) has unveiled a state-of-the-art preparatory high school in Rudny, Kazakhstan, marking a major milestone in its KZT15 billion (US$32 million) "ERG mektep" education initiative. The KZT7.8 billion (US$16.6 million) facility, the country’s first fully solar-powered school, blends cutting-edge technology with inclusive design, featuring AI-driven security, STEM labs, hydroponic learning spaces, and accessibility features for students with special needs. Aligned with Kazakhstan’s national "Keleshek Mektepteri" ("Schools of the Future") programme, the project underscores ERG’s commitment to sustainable development and youth empowerment.
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The Finnish government's proposal to quadruple the mining tax, as part of a broader tax reform, has been met with fierce opposition from Boliden, the owner of the Kevitsa copper and nickel mine. In a scathing critique, the company warns that the increased tax burden could cripple the investment climate and threaten the EU's critical metal supplies.
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