Новости за 23.09.2019

Aim-quoted Brazilian fertiliser producer Harvest Minerals has expanded the current mining area and added additional run of mine (ROM) storage capacity at its Arapua project, where it produces KPFértil, a multi-nutrient direct application natural remineraliser. The company increased the size of the current openpit by stripping the soil cover from an area of about 6 000 m2 and exposing 70 000 t of weathered kamafugite, which is being mined using the company's own equipment.

Poland's biggest coal company, State-run PGG, agreed on Monday to spend 44-million zlotys ($11-million) on one-off bonuses for miners this year, its chief executive said after talks with trade unions which demanded more cash as an election looms. Pressure for salary increases is building in coal mining and other industries before a parliamentary election on Octobre 13. The ruling Law and Justice (PiS) has pledged to increase the minimum wage and raise teachers' salaries, among other promises.

London-listed Petra Diamonds has recovered a 20.08 ct blue gem-quality Type IIb diamond from the Cullinan mine, in South Africa's Gauteng province. "Today's recovery not only demonstrates the quality of Petra's asset base, as the Cullinan diamond mine remains a significant source of rare blue diamonds, but it again confirms the prevalence of exceptional stones in the Cullinan orebody, as well as the ability of the mine's plant to recover the full spectrum of diamonds," the company noted in a press release on Monday.

In spite of market conditions, Aim-listed Power Metals Resources, headed by Paul Johnson, has continued to make good progress with its exploration projects in Africa as it pursues its key strategic objective of finding large-scale metal discoveries. In Botswana, the company has an 18.26% stake in Kalahari Key Mineral Exploration (KKME), which owns the Molopo Farms Complex (MFC).

US coal miner Peabody’s share price fell to an all-time low on Friday, after the St Louis-based company announced the previous day that it was terminating a cash tender offer to buy back $1-billion in debt. The company on Thursday terminated its cash tender offers, noting that, “at this particular time, debt markets do not accommodate a path towards completing the offers and achieving the company’s refinancing objectives in an economic fashion”.

Michael Foster has resigned as nonexecutive director and chairperson of Premier African Minerals. CEO George Roach will, strictly for 30 days, act as interim chairperson in an effort to continue supporting Premier’s efforts in the restructuring and diversification of both country and commodity risk, with Premier’s principal focus being the need for a cash-generative asset.

British Columbia-based Fission Uranium on Monday outlined the potential for “highly economic “ production at the Patterson Lake South (PLS) project in the Athabasca basin of Saskatchewan by focusing on an underground-only mining scenario. Shifting to an underground-only option, as opposed to the hybrid mine approach of underground and openpit mining outlined in an earlier PFS, Fission has reduced the construction timeline of the mine at the Triple R deposit at PLS by one year and slashed the capital costs by one fifth... Читать дальше...

South America-focused Hot Chili will raise A$12.1-million through a share placement to sophisticated and professional investors, to fund work at its copper/gold project, in Chile. The share placement, which will be priced at 3.6c a share, will be undertaken in two tranches, with the first consisting of 325-million shares to be issued under Hot Chili’s existing placement capacity.

Australian mining companies have committed to the safe and responsible management of tailings storage facilities, with members of the Minerals Council of Australia (MCA) releasing a communiqué detailing a programme of training, research and governance actions currently in development. The MCA on Monday said that opportunities would be identified to build industry expertise and enhance technical capacity on tailings management for the minerals workforce.

A healthy pipeline of projects over the next decade will support lead mine production growth, says research firm Fitch Solutions Macro Research, pointing out that the metal is often produced as a by-product of other metals, including zinc, silver and copper. Globally, the top four producers – China, Australia, the US and Peru – will account for about 70% of global lead mine production over this period.