Новости за 22.07.2019

Aim-listed battery metal exploration and development company Power Metal Resources (PMR) has concluded field activities for a pitting, mapping and sampling programme at its 100% owned cobalt/nickel project in Cameroon. PMR in 2018 acquired licence interests in south-eastern Cameroon, including four adjacent or near to Geovic Mining’s Nkamouna cobalt/nickel deposit.

Brazil's Vale said on Monday that its second-quarter iron ore production tumbled almost 34% from a year ago as many of its key dams remained all or partially shut down following a deadly dam burst in January. The drop to 64.057-million tonnes came as several major mines including Brucutu, its largest mine in the southeastern state of Minas Gerais, were at least partially shuttered for all or most of the quarter.

Aim-listed Petra Diamonds delivered solid results for the financial year ended June 30, despite a difficult market environment, while it continues its transition from a period of high capital investment to a steady-state operational phase, CE Richard Duffy said on Monday. “The focus in the short term is on driving efficiencies across the business through Project 2022 to provide a stable, consistent operating platform off which to drive improvements, supported by an appropriate organisational structure... Читать дальше...

Governments and other international stakeholders will drive environmental and socially sustainable practices across the mining industry from the top down over the coming years, in line with commitments to higher ethical standards and the Paris Agreement on climate change. This is according to Fitch Solutions Macro Research’s new ‘Global Sustainability Policy Index’, which tallies global sustainability policies across regions and assesses the major investment themes affecting corporate sectors globally.

India’s Coal Ministry is working on a proposal to negate the legal distinction between captive coal mines operated by user industries and commercial mining by private merchant miners. The move to bring captive mines and commercial coal mining under the same legal framework has been prompted by experience showing that user industries like steel, cement and nonferrous metal refiners have either failed to bring coal blocks specifically allocated into operation or are producing the fuel at suboptimal levels.

Vancouver-headquartered Sienna Resources will start a new drilling programme at its flagship nickel, copper and cobalt project, in Sweden, next month, to test multiple high-priority drill targets. The 2019 programme at Slättberg followed initial drilling last year, which yielded encouraging results. Follow-up surveys and sampling had provided new targets that would be tested.

Anglo American said on Friday it had submitted an environmental impact study for a $3-billion project seeking to maintain output from its flagship Los Bronces copper mine in Chile. The overhaul proposes to move part of the mine underground where miners can access higher-grade copper and also, reduce environmental impact, the company said.

A feasibility study into the Abra base metals project, in Western Australia, has estimated that it will produce some 95 000 t/y of lead and 805 000 oz of silver over a 16-year mine life. ASX-listed Galena Mining on Monday told shareholders that the 1.2-million-tonne-a-year Abra project would require a capital spend of some A$170-million to develop, up from the A$154-million estimated in the 2018 prefeasibility study.

Blackhawk Mining filed for Chapter 11 court protection in Delaware, adding to a growing list of bankrupt coal miners. The Lexington, Kentucky-based company in court documents listed more than $1-billion in debt, compared to $165-million in Ebitda last year. Details of the filing were reported earlier this week, including its plan to cut debt by about $650-million.

Mexico's environmental prosecutor Profepa said on Saturday it ordered the partial and temporary closure of mining and transport firm Grupo Mexico's Guaymas facility after it spilled sulfuric acid in the Gulf of California. Grupo Mexico last week said it had quickly controlled the July 9 spill, which it blamed on a valve failure at the Guaymas facility on the coast of the gulf, which is one of Mexico's most diverse ecosystems.