Demand for electric vehicles are expected to rise significantly, and in response investors and technology companies are making efforts to guarantee future supply by investing in mines that can provide battery metals such as zinc, cobalt and lithium. Bloomberg estimates that electric vehicles will account for 54 percent of new car sales by 2040, […]Read more... →
Evonik reported today that in 1Q18 its net income rose 97 percent to €291 million compared to €148 million in 1Q17. External sales grew 1 percent to €3.8 billion compared to the €3.6 billion reported in 1Q17. Despite the low increase in sales, Evonik managed to boost its net income due to a strong EBIT […]Read more... →
Presidential campaigns are well on their way in Mexico and AMLO accused leaders in Grupo Bal of orchestrating a plan to prevent him from winning. On a more international note, Tesla, announced its intention to reduce the amount of cobalt required in their batteries by increasing their nickel content. And 10 miners were […]Read more... →
On Thursday, Endeavour Silver reported a 61 percent drop in net earnings to US$2.3 million in 1Q18 from US$6 million in 1Q17 due to higher depreciations and depletion charges. Nevertheless, revenues rose significantly to US$40.3 million, up 11 percent from US$36.4 million in 1Q17. EBITDA and cash flow also increased thanks to better production […]Read more... →
The mining community is under more pressure than ever to make its activities more sustainable throughout the project lifecycle, with drilling coming under a particularly harsh spotlight due to their use of water.
An integral part of any mining project, drilling is by nature a process that interferes with the landscape to some degree. […]Read more... →
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In an exclusive preview of the 2019 edition, Mexico Mining Review asked Trevor Turnbull, Director of Gold and Precious Metals Global Equity Research at Scotia Capital about the bank’s expectations for the performance of metal prices and the investment environment in the global […]