The UK government is to invest around £100mln in a new electric car battery plant to be built in Northumberland.by Britishvolt.
Fund manager firm Abrdn and its property arm Tritax have also agreed to contribute to the funding as part of "long-term partnership that will deliver £1.7bn in private funding", which is part of the start-up's plans to raise £2bn to rejuvenate the former Blyth power station.
Liberum has taken the red pen to big mining even though the broker believes that 2022 could be the year for mergers and acquisitions in the industry
Anglo American has been downgraded to 'hold', while Rio Tinto and Antofagasta are now a 'sell'.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) said that chief operating officer Dana Roets has joined the board with immediate effect.
Having been in the COO role since 2013, he will continue in this role following his appointment, the company said in a statement.
Ora Banda Mining Ltd (ASX:OBM) has made a significant stride forward with its operational performance at the Davyhurst Gold Project in the Eastern Goldfields region of Western Australia during the December 2021 quarter.
During the period, Ora ran open pit and underground mining operations at Riverina, Missouri and Golden Eagle; with the Golden Eagle mine completing production as planned at quarter-end.
Altech Chemicals Ltd (ASX:ATC)’s 75%-owned German subsidiary, Altech Industries Germany GmbH (AIG), has taken up the option to buy a ~14-hectare industrial site in Saxony, Germany.
ATC intends to build a 10,000 tonnes per annum high purity alumina (HPA) battery materials coating plant on site.
Sunstone Metals Ltd (ASX:STM) has discovered gold-copper porphyry mineralisation in follow-up drilling below the recent Alba gold discovery at Bramaderos Project in southern Ecuador, with broad zones revealed in drill samples.
The company says its drilling has shown Alba comprises a gold zone sitting above a well mineralised gold-copper porphyry that remains open and largely untested, while Alba itself remains open along strike.
Marvel Gold Ltd (ASX:MVL)’s interest in the Altus joint venture has increased to 70% from 51% following recent exploration work and amendments to the joint venture agreement with UK-listed Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF).
Its ownership interest can further increase to 75% by spending US$5 million on exploration and project development through to December 17, 2023, and ultimately increasing to 80% upon completion of a definitive feasibility study (DFS).
The Royal Mint Physical Gold ETC (LSE:RMAU) will add a listing on the Paris-based Euronext exchange today
The exchange-traded commodity (ETC), which is the first listed financial product to be backed by The Royal Mint and designed to track the physical price of gold, first listed in London in February 2020, and has since also listed in Germany's XETRA and Borsa Italiana.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) produced a record amount of gold in its latest half-year and reiterated its target of 200,000oz for the current twelve months.
Output rose by 9.9% to 108,000oz in the six months to end December 2021, largely driven by a 117% increase at Evander as the mine's underground operation hit unexpectedly high grades.
Perseus Mining Ltd (ASX:PRU, TSX:PRU, OTC:PMNXF) has continued its West African exploration success with high-grade results recorded from the Yaouré Gold Mine in Côte d’Ivoire.
Recent results from ongoing infill and down-dip extension drilling on the CMA structure at Yaouré confirm strong potential for further mineral resources beneath the CMA open pit (CMA Underground prospect).
Atlantic Lithium's infill drilling at the flagship Ewoyaa lithium project in Ghana continues to affirm the project’s grade and continuity, says broker Liberum.
“Better yet, one of two new targets identified just outside the current resource footprint appears to be a sill structure, implying to us potential for significant additional resource tonnage and reduced overall strip ratio.
Pure Gold Mining, Inc. (TSX-V:PGM, LSE:PUR, OTC:LRTNF) has reported high-grade drill results from its flagship mine in Red Lake, which bode well for near-term production and potentially expanding the resource close to existing development.
The surface and underground drilling was completed in the fourth quarter of 2021 and highlights included an intercept of 4 metres (m) at 21.1 grams per ton (g/t) gold in one hole starting at just 5m depth. Another hole hit 63.5 g/t gold over 1m from 34m depth.
Ariana Resources PLC (AIM:AAU) said the Kiziltepe mine in Turkey produced 20,737 ounces (oz) of gold in 2021, which was 9% above expectations.
The mineral exploration company owns 23.5% of Kiziltepe through its 23.5% interest in Zenit Madencilik San. ve Tic. A.S., a joint venture with Ozaltin Holding A.S. and Proccea Construction Co.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) produced a record 67,476 ounces of gold from its Blanket mine in Zimbabwe during 2021.
There have also been more than 2.4 million fatality free shifts worked since 2018
Atlantic Lithium Limited (AIM:ALL) has released further results from its ongoing infill drilling campaign at the Ewoyaa lithium deposit in Ghana.
The results continue to confirm grade and continuity.
Perseus Mining Ltd (ASX:PRU, TSX:PRU, OTC:PMNXF) has notched up further impressive drilling results at Nkosuo prospect on the Agyakusu Prospecting Licence, just seven kilometres from its Edikan Gold Mine in Ghana.
The Nkosuo discovery has the potential to extend Edikan’s mine life beyond the forecast end in FY2026-2027.
Oriole Resources PLC (LSE:ORR) has revealed the latest results from ongoing exploration work on the Senala project in Senegal, where joint venture partner IAMGOLD Corporation has the option to spend up to US$8 million to earn a 70% interest.
Results from the recently completed 2,148 metres reverse circulation drilling at the Faré prospect have extended mineralisation along strike at all three main anomalies, delivering results of up to five metres grading 12.45 grammes per tonne gold, including two metres grading 26.61 grams.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said it added three million measured and indicated ounces of gold to its resource inventory in 2021, exceeding a target of 2.5mln ounces.
An additional 900,000 was added in the inferred category, mainly at the Ity project.