Новости за 09.09.2019

Russia's Alrosa is talking to several global jewellery retailers about jointly marketing the miner's jewellery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones. Diamond miners, which have long excelled at marketing, are seeking new approaches to battle falling demand and competition from diamonds manufactured in laboratories.

The mining remains an important component of the South African economy, says the Minerals Council South Africa. The council on Monday published its ‘Facts and Figures 2018’ report, which pointed out that the sector had contributed R350.8-billion to the country’s gross domestic product (GDP) in 2018, equaling a 7.3% contribution.

Research firm Fitch Solutions expects rises in precious metals prices to last longer than previously expected, driven by various factors. In a statement published on Monday, the firm said higher prices mainly reflected the dovishness of global central banks and continued fears of recession, two trends Fitch expected would remain in place.

Macro research firm Fitch Solutions says global nickel production growth will remain strong this year, driven by ongoing supply recovery in Indonesia and a return to positive production growth in the Philippines. This strong production growth is despite subdued performances in major markets such as Canada, Australia and Russia.

Underground mine development at Canadian-headquartered Ivanhoe Mines’ Kamoa-Kakula copper mine, in the Democratic Republic of Congo, has reached the edge of the high-grade ore within the deposit as mining advances toward zones in excess of 8% copper. The advancement of the first connecting underground drift, designed to tunnel through the centre of the high-grade orebody and open up the mine's initial mineral reserves, has reached the edge of the high-grade ore.

Commodities trader Trafigura Group used its influence at Nyrstar, one of the world’s biggest zinc refiners, to undermine the company and unfairly enrich itself, a group of Nyrstar shareholders has alleged. Through its sway on the board and management committee, Trafigura was able to negotiate lopsided contracts that effectively drained cash from Nyrstar since 2016, contributing to the company’s collapse, the shareholders said in a recent lawsuit in Belgium.

Colombia, the world's fifth-largest exporter of coal, produced 18.9-million tonnes of the fuel in the second quarter, down 4.5% from the same period in 2018, the government said on Friday. Coal production in the South American country was 19.8 million tonnes between April and June last year.

The US nuclear energy industry has called for the Trump administration to revive domestic uranium mining and enrichment by unlocking funds through a Cold War-era program, in a letter sent to a Cabinet-level working group. The August 18 letter from the Nuclear Energy Institute, or NEI, to national security adviser John Bolton and White House economic adviser Larry Kudlow, urges the Trump administration to authorize funds through the 1950 Defense Production Act to procure domestic fuel for defense... Читать дальше...

Nickel Mines said on Monday the company and its Chinese partner in the Hengjaya Nickel Industry (HNI) project in Indonesia have agreed to amend two contractual terms, including limiting the option for the miner to raise its stake in the project. The move comes at a time when Indonesia has said it would stop nickel ore exports from January 1, 2020, two years earlier than initially indicated, as it speeds up efforts to process more of its resources at home.

ASX-listed Australian Potash has signed a joint cooperation agreement with the operator and manager of the Geraldton port, in Western Australia, allowing the company to continue to optimise its logistics and port options for the Lake Wells sulphate of potash (SOP) project. “The agreement allows Australian Potash to further optimise the logistics and port options for the project, and is the first of a number of material development and operational agreements we will finalise during the front-end... Читать дальше...