Новости за 26.11.2019

Diversified miner Anglo American on Tuesday launched a wide-ranging programme that aims to tackle the scourge of gender-based violence through targeted interventions at its operations and in its host communities. The launch of the programme, which is aligned to President Cyril Ramaphosa’s Emergency Action Plan for gender-based violence, was attended by Professor Hlengiwe Mkhize, Deputy Minister in the Presidency, responsible for Women, Youth and Persons with Disabilities.

Glencore's Mutanda mine in Democratic Republic of Congo has suspended operations prematurely due to difficulties procuring sulphuric acid, a key input for copper and cobalt extraction, its Mutanda Mining subsidiary told employees in a letter on Monday. The suspension, effective from Monday, comes more than a month before the world's biggest cobalt mine was set to go into care and maintenance. Glencore had announced in August it would suspend the mine from year-end, for two years.

TSX- and NYSE-listed Platinum Group Metals (PTM) expects its Waterberg joint venture (JV) partners to approve the project’s definitive feasibility study (DFS) during next month, while approval of a mining right is also pending. PTM says the positive results of the Waterberg DFS provides a solid base for the assessment of the project’s value.

JSE-listed Impala Platinum (Implats) has progressed with due diligence for the acquisition of outstanding shares in TSX-listed North American Palladium (NAP). The $758-million, or R11-billion, merger has been approved by the Canadian and German competition authorities, as well as the South African Reserve Bank in terms of exchange control regulations.

The global diamond industry will require a new narrative and a rebranding to secure its future, a new report has warned. The Dubai Multi Commodities Centre (DMCC) states in its ‘Diamonds Changing Forever’ report that the global industry is at a “major inflection point”.

South African coal miner Wescoal on Tuesday reported its performance for the first half of the 2019/20 financial year (April-September). While, in comparison the previous six months, revenues stayed static at R2.1-billion, gross profit fell to R195-million from R276-million, total comprehensive income dropped to R51-million from R108-million, cash generation declined to R126-million from R291-million, while operating costs rose to R184-million from R104-million. Headline earnings a share fell to... Читать дальше...

Mining activity at the Nifty copper mine, in Western Australia, has been suspended. ASX-listed Metals X on Tuesday said that the company took the decision to suspend operations, following a review that was announced earlier this month as the mine continued to perform below expectations.

A worker has been fatally injured at coal miner Fitzroy Australia Resources’ Carborough Downs mine site, in Queensland. The company said that the police and relevant authorities have been notified and have commenced investigations into the cause of the accident, with the full cooperation of Fitzroy Australia Resources.

The Indian government has cracked the whip on State-miner Coal India Limited (CIL), directing it to either step up exploration for and production of coal at blocks allotted to it, or see the assets put up for auction. Having liberalised coal mining and with auctions of coal blocks exclusively for private miners lined up, the Coal Ministry has come down heavily on the State miner for delays in exploring and operationalising 110 coal blocks with estimated reserves of 40-billion tons, allotted to it in 2011.

The management team of Canada-headquartered Ivanhoe Mines met with high-ranking Democratic Republic of Congo (DRC) government officials in Kinshasa on Monday and has described its meeting as “highly productive”. The Ivanhoe team met with Prime Minister Sylvestre Ilunga Ilukamba, Mines Minister Willy Kitobo Samsoni, and Minister of Portfolio Clément Kuete Nymi Bemuna. The three DRC Ministers were formally appointed in August in a new coalition government led by President Felix Tshisekedi.

India’s State-run NLC Limited (formerly Neyveli Lignite Corporation Limited) has tied up with Mineral Exploration Corporation Limited (MECL) to undertake greenfield exploration of lignite blocks in southern states, the predominant operational hinterland of NLC. The tie-up comes close on the heels of a directive of the federal Coal Ministry that NLC should step up exploration of lignite reserves in southern India by adopting the outsourcing model, NLC officials said.

TSX-listed Guyana Goldfields’ appointment of Alan Pangbourne as president and CEO with effect from January 1, lifted the embattled miner’s stock by 5.45% to C$0.58 apiece. Pangbourne will succeed Allen Palmiere, a director of the company who was appointed interim CEO in late July until the search for a permanent replacement to could complete its search for a permanent CEO.