Новости за 20.05.2019

Results from a soil sampling programme at Katoro Gold’s Haneti nickel project, in Tanzania, have reconfirmed and extended the strike length of the previously identified high-priority ultramafic exploration targets, as well as identified an additional ultramafic target, which was previously unknown to the Aim-listed company. The soil sampling programme, aimed at further delineating already identified primary targets, was part of an ongoing exploration programme.

Aim-listed African Battery Metals has started exploration activities at its cobalt/nickel project in Cameroon and will initially be targeting cobalt and nickel mineralisation at prioritised targets within the company’s licence areas. The work programme will start immediately, with a view to complete the programme before the onset of the heavy rains.

Aim-listed AfriTin Mining on Monday announced that it had completed the first 20 diamond drill holes, which were recommended for the validation of the historical data by CSA Global, at its flagship Uis tin mine, in Namibia. The drill holes form part of the drilling programme designed to support the declaration of a mineral resource estimate on the V1 and V2 pegmatite.

Turkey-focused explorer and developer Ariana Resources on Monday reported that its Kiziltepe project produced 7 296 oz of gold during the quarter ended March 31, 2019, reflecting a solid start to 2019. Kiziltepe is part of the Red Rabbit joint venture with Proccea Construction and is 50%-owned by Ariana through its shareholding in Zenit.

The Indian electricity regulator has amended rules to revive an erstwhile window through which domestic thermal power generation companies were able to claim compensation for the additional costs of importing coal in the case that State-miner Coal India Limited’s (CIL’s) failed to meet supply obligations. The Central Electricity Regulatory Authority's move in effect revives the compensatory model available to domestic thermal power companies between 2013/14 and 2016/17 under which the companies were... Читать дальше...

LSE- and TSX-listed SolGold on Monday published the results of a preliminary economic assessment (PEA) for the Alpala copper/gold/silver deposit at the Cascabel project, in northern Ecuador. The study estimated a “low” start-up capital expenditure of $2.4-billion to $2.8-billion and a “high” net present value range of $4.1-billion to $4.5-billion, at an 8% discount, which the company said signified “outstanding financial metrics” for a project of its.

Tanzania's mining minister said on Monday Acacia Mining had been fined 5.6-billion Tanzanian shillings ($2.4-million) for alleged pollution at its North Mara mine. Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.

Zambia’s government filed notification of plans to take over Vedanta Resources’s domestic copper assets, President Edgar Lungu said. The move marks an escalation in tension between the government and mine owners, after Lungu last week threatened to “divorce” Vedanta and Glencore, two of the biggest employers in Africa’s second-largest copper producer. Relations have been simmering after the state earlier this year increased royalties and unveiled a plan to overhaul the value-added tax system.

A surprise election victory for Australia’s pro-coal ruling Coalition is ratcheting up pressure on the Queensland state government to approve development in one of the biggest untapped reserves of the fossil fuel. Adani Group’s Carmichael coal project is located in Australia’s huge Galilee Basin, which if fully developed, has the potential to more than double Australia’s thermal coal exports. But the project, first proposed in 2010, has been hampered by regulatory delays and difficulty in securing... Читать дальше...

TSX-V-listed Cobalt 27 has completed the acquisition of Highlands Pacific, bolstering the company's prospects a growing diversified battery metals streaming and royalty company. As a result of the acquisition, Cobalt 27 now holds an 8.56% joint venture interest in the producing Ramu mine, a long-life, low-cost nickel/cobalt operation located near Madang on the north coast of Papua New Guinea.

Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to lift tariffs on Canadian steel and aluminum. US President Donald Trump had imposed the global "Section 232" tariffs of 25% on steel and 10% on aluminum in March 2018 on both Canada and Mexico on national security grounds, invoking a 1962 Cold War-era trade law.

Venezuela sold about $570-million in gold from central bank reserves over the past two weeks, skirting US Treasury sanctions designed to freeze assets of the Nicolas Maduro’s administration, according to people with knowledge of the matter. The central bank sold about 9.7 t of gold on May 10 and an additional 4 t three days after, the people said, driving its reserves down to a 29-year low of $7.9-billion. The proceeds will be partly used to fund imports through the country’s foreign trade office, according to one of the people.

The Canadian government has announced a C$325 000 investment in the Mining Association of Canada’s climate change adaptation project, which seeks to make mining operations resilient to a changing climate and extreme weather events. The project – Climate Change Risk and Adaptation Best Practices for the Mining Sector – will give mine operators the tools and knowledge needed to better plan for climate change in decision-making at all stages of mine life.