Новости за 12.08.2019

Brazil's mining regulator on Monday extended the deadlines by up to four years for closing many dangerous tailings dams like the one that collapsed in January at a Vale facility, killing more than 240 people. Tailings are the muddy waste produced in mining for iron ore and other minerals. The waste is often contained within a dam built using a variety of methods.

Gold’s spectacular rally is just getting started if hedge funds have their way. Prices are already at the highest in more than six years, and Goldman Sachs Group and Citigroup predict bullion could climb about 6% to $1 600/oz in as little as six months. Money managers are going all in, raising their wagers on a rally to the highest since 2016.

Mexico's President Andres Manuel Lopez Obrador said on Monday that his administration would not cancel any current mining concessions, but added that no new mining concessions would be handed out either. "Firstly, we're going to keep the current concessions and not hand out new concessions because they aren't needed," Lopez Obrador said at his daily press conference.

Aim- and JSE-listed Europa Metals has formally submitted the initial documentation for obtaining an exploitation licence for its 100%-owned Toral lead/zinc/silver project, in Spain. The initial document contains a conceptual plan for the Toral project based on the findings of the scoping study.

Global gold major Barrick Gold has appointed Loreto Silva to its board as an independent director. An accomplished legal professional, academic and consultant, Silva is Chile’s former Minister of Public Works and the current chairperson of the board of national petroleum company ENAP.

Aim-listed Bluejay Mining expects to ship 40 000 t run-of-mine ilmenite sample material for processing at its pilot plant in Quebec, Canada, within the next four weeks. The company reported on Monday that it had received an export permit from the Greenland government and that it had completed construction of a barge landing-ramp for ship loading, in Moriusaq.

TSX-listed Midas Gold has said that it will continue to defend the lawsuit over the water quality in the Stibnite mining district, in the US, reiterating that it is not, nor has it ever been, operational on site and that it is not responsible for the existing contamination. The miner, however, has proposed that the Stibnite gold project be a means in providing the much-needed clean-up of the historical waste currently polluting the area.

Iron-ore sank toward $80/t – extending this month’s rout – after China poured fuel on demand fears by reiterating a cautious tack on stimulating the economy even as global trade tensions escalate. The steelmaking ingredient in Singapore tumbled to its lowest since late-March after China’s central bank late Friday signaled it would continue a targeted approach to shoring up growth in the world’s biggest steel consumer.

The New South Wales Independent Planning Commission has green-lit the restart of the mothballed Dartbrook coal mine, in the Upper Hunter region, however, the operation will only be allowed to run until December 2022. Dartbrook was placed on a care and maintenance in late 2006, on the back of the falling coal price and operational difficulties.

Mining major BHP and its coal joint venture (JV) partner Mitsubishi (BMA) have struck a multi-million dollar skills partnership with TAFE Queensland and Central Queensland University Australia to support the introduction of new technology in mining. The key aim of the Queensland Future Skills Partnership is to fund and facilitate the fast-tracked development and delivery of new autonomy related qualifications in open-cut mining operations in Queensland.