Evolution Mining acquires copper-gold project from Newcrest
Small but growing Australian gold producer Evolution Mining (ASX:EVN) has taken a bite out of its much larger, dual-listed rival, Newcrest Mining (ASX:NCM, TSX:NM)
“The war will likely dampen consumption of many base metals as supply chains are interrupted. Russia is a big player and it‘s not like others can quickly fill the gap,” CIBC mining analyst.
As the world transitions away from fossil fuels to electrified transportation systems and energy networks, new deposits of the minerals required for a low-carbon future will need to be discovered and developed.
t's likely that the determination of the authorities to stamp out covid-19 will lead to ongoing lockdowns and economic disruption in coming weeks, writes Clyde Russell.