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Article content (Bloomberg) — A silver mine in Bosnia and Herzegovina that sat derelict through the years of civil strife that gripped the region from the early 1990s may soon be taken out of mothballs to benefit from an optimistic price outlook. Adriatic Metals Plc’s Vares project could resume production by the end of 2022 following a hiatus of more than three decades, according to Chief Executive Officer Paul Cronin. It’s part of a nascent trend toward restarting so-called “zombie” mines — operations which have been shuttered for reasons varying from weak prices to owner bankrup...

Adriatic Metals Plc’s Vares project could resume production by the end of 2022 following a hiatus of more than three decades, according to Chief Executive Officer Paul Cronin. It’s part of a nascent trend toward restarting so-called “zombie” mines — operations which have been shuttered for reasons varying from weak prices to owner bankruptcy or political unrest.“Some of these old mining assets around the world that have been discarded and dumped are an eyesore — they’re a problem. They create potential environmental issues that need to be resolved,” Adriatic’s Cronin, a fo...

Share Andrew Forrest has launched a takeover bid that will give him control of a high-grade nickel project in Canada as he looks to establish himself in the region and become a major force in battery metals independent of his multi-billion dollar iron ore interests. Toronto Stock Exchange-listed Noront’s assets include Canada’s highest grade nickel discovery since Vale-owned Voisey’s Bay. The Forrest camp has signalled it is willing to bankroll development of the discovery along with other projects in a region known as the Ring of Fire. Tattarang-controlled Wyloo Metals has pitched its ...

Mining giant Gold Fields gives Australian workers 6 per cent pay rise as skills shortage bites AprApril 2021 at 11:34am Gold Fields Australia's vice-president of operations Stuart Mathews (right) with Gold Road Resources managing director at the Gruyere gold mine in WA. ( Share Print text only Cancel One of the world's biggest gold miners has given its Australian workforce a massive 6 per cent pay rise — the latest sign that companies are growing increasingly desperate to keep skilled workers as staff shortages return to levels seen during the last mining boom. Key points: Production at Gol...

These ASX stocks just got a big upgrade on the back of Tesla (NASDAQ:TSLA) Brendon Lau | January 14, 2021 3:18pm | More on: Image source: Getty Images There’s one group of ASX stocks that just got a big valuation boost by the analysts at These are ASX nickel miners as the broker lifted its price forecast for the commodity due to growing demand from battery makers. Nickel is a key ingredient in batteries that are used by electric car manufacturers, such as The nickel price on supercharge Traditional car makers are also joining the electrification rush. The world’s l...