Новости за 18.07.2019

Canada-headquartered SilverCrest has been granted environmental approval for the development of the Las Chispas project, in Sonora, Mexico, which now positions the company to complete project finance and to begin construction activities in the second half of next year. The operating permit allows the company to construct a 3 000 t/d underground mine and a conventional processing facility, with subsequent dry stack tailings and underground backfill.

Dual-listed Barrick Gold on Thursday reported a solid operating performance across its portfolio during the second quarter ended June 30, with production of 1.35-million ounces of gold and 97-million pounds of copper. It sold 1.37-million ounces of gold and 96-million pounds of copper during the quarter.

Mexico-focused exploration company Discovery Metals has announced a C$9-miillion nonbrokered private placement of shares, in which investor Eric Sprott has agreed to participate. The TSX-V-listed firm will issue 23 216 174 common shares at C$0.23 a share and 15 935 000 subscription receipts at the same price.

Zambia's copper production dropped 4% to 393 419 t in the first six months of the year, ministry of mines data showed on Thursday. Mines Permanent Secretary Paul Chanda attributed the decline to challenges such as declining ore grades but said full-year output is likely to exceed 2018 figures.

Aim-listed Botswana Diamonds has raised £250 000, through the placing of 50-million shares with new and existing investors at 0.5p a share. This represents about 7.98% of the company's issued share capital.

Diversified miner Anglo American’s copper-equivalent production for the second quarter ended June 30, increased by 2% year-on-year, on the back of the successful ramp-up at the Minas-Rio iron-ore mine, in Brazil, and a strong performance at its metallurgical coal operations following the longwall moves and plant upgrade work in the first quarter. Anglo American CEO Mark Cutifani on Thursday said Kumba Iron Ore’s production had improved following production challenges in the first quarter.

Coal mining has now started in the new northern mining area of Aim-listed Edenville Energy’s flagship Rukwa coal project, in Tanzania. CEO Rufus Short on Thursday said that, as the project was developed further, the company expected significant quantities of coal could be extracted from the area.

The El Nino underground mine under construction at South Arturo – a joint venture (JV) operated by Barrick Gold and Newmont Goldcorp’s newly formed Nevada Gold Mines – is progressing ahead of schedule. This is according to 40% owner in South Arturo, TSX-listed Premier Mines, which on Wednesday reported that production at El Nino would ramp-up during the second half of the year.

Diamond miner De Beers has revised its full-year production guidance downward to about 31-million carats, leaning towards the lower end of the previous range of between 31-million and 33-million carats, in response to weaker trading conditions experienced during the second quarter. De Beers is currently producing to demand and, in a statement issued on Thursday, the miner reported that the revision to its output guidance was as a result of rough diamond production having decreased by 14% to 7.7-million carats... Читать дальше...

Three French soldiers died from toxic fumes during an operation targeting illegal gold miners in French Guyana, the Defence Ministry said on Thursday. The Ministry said the soldiers were preparing to place explosive charges to destroy the underground facilities used by the miners when eight of them became intoxicated by toxic fumes at the bottom of a gallery.

Johannesburg's high court has reserved judgment in Vedanta Resources' application for an urgent interim interdict against the Zambian government's appointment of a provisional liquidator to wind up Konkola Copper Mine (KCM) operations. The Indian-owned mining company is challenging Lusaka's decision, through Zambia Consolidated Copper Mines (ZCCM), to appoint provisional liquidator Milingo Lungu after accusing Vedanta of breaching the terms of its licence, failing to exploit the Nchanga underground mine and paying creditors on time.

Nickel miner Western Areas has hit its production targets in the full year ended June, delivering another consistent quarter in the three months to June. Western Areas produced 5 423 t of nickel in the June quarter, bringing full year production to 23 208 t, with total nickel-in-concentrate reaching 5 433 t in the quarter under review, while full-year production was reported at 21 675 t of nickel-in-concentrate.

Coal miner Stanmore Coal has reported record saleable production for the three months to June, with a 130% increase in saleable coal production, compared with the previous corresponding period. Saleable coal production for the June quarter reached 721 000 t, up from the 314 000 t reported in the June quarter of 2018, while run-of-mine coal production in the same period was up 59%, from 547 000 t to 872 000 t.

Diversified miner South32 has reported a strong finish to the 2019 financial year, with revenue equivalent production growing by 10% in the June quarter and by 3% in the full year, while record production was achieved at the Hillside aluminium operation, and metallurgical coal production from the Illawarra operation increased by 57%. South32 CEO Graham Kerr on Thursday reported that alumina production for the full year had reached 5.05-million tonnes in the full year, down slightly from the 5.06-million... Читать дальше...