Новости за 05.02.2019

Zambia has received bids from Canada's First Quantum Minerals (FQM) and others for a 17% stake in state mining investment arm ZCCM-IH, the finance minister said on Tuesday. "There are multiple unsolicited offers on the table, including from FQM, which are based on preferential share conversions," said Margaret Mwanakatwe on the sidelines of a mining conference in Cape Town.

TSX- and ASX-listed Alacer reported a ‘strong finish’ to 2018, with full-year gold production of 171 000 oz of gold, meeting the production guidance of 160 000 oz to 230 000 oz. Production was achieved at an all-in sustaining (AISC) cost of $609/oz, which beat the yearly guidance.

NYSE- and TSX-listed precious metals miner McEwen Mining on Tuesday reported that construction of its Gold Bar mine, in Nevada’s Battle Mountain-Cortez trend, was nearing completion. The mine is on schedule for first gold production later this month. Commercial production will follow when the mine’s systems reach a steady state, which is expected by the end of the first quarter.

A report commissioned by Brazilian miner Vale SA last year to look into the stability of the tailings dam that ruptured January 25 certified it as sound but raised concerns over its drainage and monitoring systems, newspaper Folha de S. Paulo reported on Tuesday. The report by German-based TÜV SÜD, which Folha said it had access to, made 17 recommendations aimed at improving the stability of the structure and was dated September 2018.

Mark Bristow, the president and CEO of gold producer Barrick Gold has accused mining companies, investors and host countries of succumbing to the desire of instant gratification and for not investing deeply in the industry. He called for a mindset change in an industry that has been plagued with "chronic short-termism", particularly over the past five years.

Aim-listed BlueRock Diamonds has recovered an exceptional 8.97 ct diamond at its Kareevlei mine, in the Kimberley region of South Africa. This will be the third diamond to be recovered at Kareevlei that is independently valued at more than $50 000.

TSX-V-listed Zinc One Resources has announced a maiden initial resource estimate for the Bongará zinc mine project, in north-central Peru. The estimate consists of an indicated mineral resource of 812 000 t averaging 18.9% zinc containing 339-million pounds of zinc at a 10% zinc cut-off and an inferred mineral resource of more than 1.3-million tonnes, averaging 16.8% zinc containing 496-million pounds of zinc at a 10% zinc cut-off.

Metals streaming transactions as a way to raise capital for development or acquisition financing is gaining popularity among African mining companies, says Baker McKenzie managing partner Morne van der Merwe and Banking and Finance head Wildu du Plessis.   They point out that such transactions are already popular in Asia Pacific, the US, Canada and elsewhere, and now, mining companies in Africa are turning to streaming to raise funds for their mining operations because the risks associated with economic... Читать дальше...

Aim-listed W Resources on Tuesday announced that it had completed further shipments of tungsten concentrate from its La Parrilla mine, in Spain, where development remained on track as construction of the jig plant advanced towards completion. Following the first shipment, announced in December, W had completed three other shipments to its European customer.

TSX-V-listed Hudson has started production ramp-up at its wholly owned White Mountain anorthosite calcium feldspar mine, in Greenland. Leading up to the ramp-up, the company completed the testing of all major equipment components, finding that all equipment was performing as expected, except for a secondary high pressure grinding roll crusher, which is running at 55% capacity.

Zambia is determined to enforce a new 5 percent copper import duty, as part of a plan to keep a greater share of mineral resource profits for the country and tackle its debt, Mining Minister Richard Musukwa said. Musukwa was speaking on the sidelines of the Indaba mining conference in Cape Town, where government ministers and mining executives are debating how to attract investment and how to strike the right balance between resource-holding governments and foreign companies.

First Quantum Minerals has offered to buy the Zambian government’s 20% stake in Africa’s biggest copper mine for as much as $700-million, according to two people familiar with the transaction. Vancouver-based First Quantum already owns 80% of the Kansanshi mine in Zambia’s North-Western Province, while State-owned ZCCM Investments Holdings holds the rest.