Новости за 24.09.2019

Junior exploration company Silver Spruce Resources on Wednesday announced that it was interested in acquiring an advanced precious and base metal project in the Thunder Bay mining district of northern Ontario. The 1 820 ha Melchett Lake zinc/gold/silver volcanogenic massive sulphide (VMS) project is located in a region where ther are other active exploration and mining project, including Copper Lake's Marshall Lake VMS project, Premier Gold's Hardrock-Greenstone gold mine and past-producing Anaconda-Dofasco... Читать дальше...

Germany’s K+S Group has followed its potash rivals by announcing a reduction in fertiliser production for potassium chloride, citing a weak market environment. The company, which owns potash mines in Canada, has announced an up to 300 t cut in production by the end of 2019.

The Church of England has dumped Vale, and it doesn’t look like the Brazilian miner will make it back into the good books any time soon. The church sold its shares in Vale after a tailings dam collapse in January killed at least 249 people in the Brazilian town of Brumadinho. It has also blocked investments in the miner through an ethical exclusion process, according to Adam Matthews, director of ethics and engagement at the church’s pension board.

Norsk Hydro, one of the world's largest aluminium producers, aims to get its cost-cutting efforts back on track after major operational setbacks in the last year-and-a-half, its chief executive said on Tuesday. The company's new goal is to boost earnings by 6.4-billion crowns ($707.56-million) over the next five years, said Hilde Merete Aasheim, who took the helm at Norway's Hydro in May.

Dual-listed base metals developer Orion Mining will issue 232.69-million new shares in the company, after its 2017 convertible note holders requested that the notes be converted. Orion in 2017 issued the convertible notes, to a value of A$6.05-million, as part of a capital raising to acquire its Prieska copper/zinc project, in South Africa.

Diversified miner Rio Tinto’s Canadian aluminium operations have been extended with the Aluminium Stewardship Initiative’s (ASI) Chain of Custody certification, reinforcing the miner’s commitment to responsible mining and metals production. The certification provides independent verification that material can be traced through a ‘chain of custody’ spanning Rio’s Gove bauxite mine in Australia to its alumina refinery, aluminium smelters and casthouses in Quebec and British Columbia, Canada.

An influential lobby group for Australia's multi-billion dollar coal mining industry has launched an advertising blitz to rally public support for an overhaul of state planning laws after a commission blocked new projects citing climate change concerns. Funded by the mining industry including global giant BHP Group, the New South Wales Minerals Council said on Tuesday it would draw on a multi-million dollar "fighting fund" in promoting the campaign "to protect New South Wales jobs and the economy".

Chile's State copper miner Codelco has issued 10- and 30-year dollar-denominated bonds, according to IFR, Refinitiv’s capital markets news service, as it seeks to press on with an overhaul of its mines even as a trade war has pummeled copper prices. The bonds were issued in New York with price guidance of 150 basis points and 180 basis points over equivalent US Treasuries, IFR said, and were due to be priced later on Monday.