Page 21 - Panoramic Resources News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Andrew Forrest will fight BHP over Noront Resources in Canada and is casting a big shadow over what could become a bidding war for WA nickel producer Western Areas.

MONEYWEB app instead? Zombie mines are coming back to life on soaring metals prices ‘Some of these old mining assets around the world that have been discarded and dumped are an eyesore — they’re a problem.’ By James Thornhill, Bloomberg 18 Jul 2021  07:41  Image: Bloomberg Creative Photos/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...

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...

S&P/ASX 200 slumps 1.40% amid global concerns about new COVID-19 variant Companies S&P/ASX 200 slumps 1.40% amid global concerns about new COVID-19 variant The 10-year U.S. Treasury yield fell as low as 1.25% on Thursday, its lowest point since February, on growing concern about the pace of the global economic recovery. The decline in bond yields could be signalling that the Delta variant may slow growth. S&P/ASX 200 (INDEXASX:XJO) fell 1.40% to 7,238 points by about 12.55 pm after a rise in COVID-19 cases overnight forced Premier Gladys Berejiklian to tighten restrictions in grea...