Bluejay Mining pulls demerger plan, aims to raise $6 million
It said the spinoff of its battery and critical metals exploration unit, Disko Exploration, is no longer considered the right strategy.
It said the spinoff of its battery and critical metals exploration unit, Disko Exploration, is no longer considered the right strategy.
The updated measured and indicated resource totalled 1.35 million gold ounces, representing a 20% increase over the previous estimate.
Analysts estimate that the path to net zero may require digging up 5.2 billion metric tons of metals through 2050, which may be worth as much as $10 trillion.
The South Korean company is doing “a lot of projects” to ensure it has a stable source of supply.
National initiative aims to transform mineral research outputs into commercial products and services.
Rawbank forecast its lending to DRC’s mining industry will jump more than 20% to over $1 billion this year.
Russian producers of industrial metals have largely evaded the official sanctions net since the invasion of Ukraine.
Korea Zinc is seeking to diversify into electric vehicle batteries and renewable energy sources.
Last year, the LME decided not to ban Russian metal from being traded and stored in its system.
The funds will be used to build out a $3.5 billion recycling and re-manufacturing complex in Nevada.