Новости за 20.11.2019

The board of Glencore subsidiary Katanga Mining on Wednesday accepted the appointment of Mark Davis as CEO, replacing Jeff Gerard. Global miner Glencore designated Davis to act as CEO, pursuant to the management services agreement that the companies entered into in January.

Aim-listed Tertiary Minerals has secured up to £622 000 to fund the planned exploration programmes on its recently acquired Pyramid Gold and Paymaster polymetallic projects, in Nevada, US. The company entered into a convertible securities issuance deed with US-based Bergen Global Opportunity Fund in connection with an issuance of zero coupon convertible securities having a nominal amount of up to £653 000.

Russian businessman Vladimir Potanin, the biggest shareholder in Norilsk Nickel, said on Wednesday he would continue investing in the Russian mining giant when the opportunity arises. Potanin made the comment in an interview with RBC TV. He currently owns 34.6% of Nornickel, the world's largest palladium producer and one of the world's largest nickel producers.

Russian businessman Vladimir Potanin, the biggest shareholder in Norilsk Nickel, said on Wednesday he would continue investing in the Russian mining giant when the opportunity arises. Potanin made the comment in an interview with RBC TV. He currently owns 34.6% of Nornickel, the world's largest palladium producer and one of the world's largest nickel producers.

The US Securities and Exchange Commission has opened a preliminary investigation of iron ore miner Vale over the collapse of a Brazilian mining waste dam that killed more than 250 people in January, Brazil's O Globo newspaper reported on Tuesday. The US regulator decided to proceed with the probe of the Brazilian company last week after a meeting with Brazilian prosecutors and the CVM, the country's own market watchdog, the paper reported, without citing sources.

Discussions are faltering about how to shut down Germany’s lignite coal industry as company executives and government ministers struggle to agree over the politically charged issue of how to compensate industry for plant shutdowns. Ten months after Germany set out a road map to exit coal by 2038, officials and the main utilities remain at loggerheads over setting a price for closing down operations, according to at least five people with direct knowledge of the deliberations.

In the end, the unraveling economics of coal proved too much for even a giant among power generators to handle. At 12:09 p.m. local time on Monday – after churning out electricity for almost five decades – the largest coal-fired power plant in the western US permanently closed, becoming the latest testament to the fossil fuel’s decline. Once a flash point in President Donald Trump’s campaign to save America’s coal industry, the Navajo complex in the Arizona desert will now spend the next three years being dismantled and decommissioned.

Canadian miner Yamana Gold has announced a positive exploration update for its Cerro Moro mine, which it says demonstrates a growing mineral resource base in new areas that could establish the Argentina mine as a long-life, high-grade gold and silver operation. The exploration programme, which started in 2018, has led to the discovery of new mineralisation in several areas of Cerro Moro, with positive results in the core mine, as well as the newly discovered Naty zone about 25 km south of the core mine.

Diversified miner Exxaro Resources and industrial equipment provider Barloworld Equipment (BWE) on Wednesday signed a memorandum of understanding (MoU) to formalise a partnership that will see contractors gain access to mining equipment at competitive rates and terms. The three-year, nonexclusive partnership aims to assist contractors working on drilling, blasting, loading, hauling and coal handling operations for Exxaro.

About 3 200 workers at Canadian National Railway Co went on strike at midnight Tuesday, threatening to crimp shipments of oil, potash and grain across the country. Conductors and yard operators at Canada’s largest railway walked off the job after failing to reach an agreement with the company over issues including working conditions and drug benefits, the Teamsters Canada Rail Conference union said.