Новости за 18.12.2019

Dual-listed miner Sibanye Stillwater has appointed Wang Bin and Lu Jiongjie as non-independent, non-executive directors to the company’s board with effect from January 1, 2020. The appointments are pursuant to a written merger agreement entered into in August 2013 between Sibanye Gold and Gold One International for the acquisition by Sibanye Gold of Gold One’s Cooke and Ezulwini operations.

The Atacama Environmental Assessment Commission has approved the environmental impact study for dual-listed gold miner Gold Fields’ Salares Norte project, in Chile. The environmental approval is a crucial step for Gold Fields as it evaluates a construction decision.

TSX- and NYSE-listed Denison Mines has completed the 2019 in-situ recovery (ISR) field test programme in the Phoenix uranium deposit, at the Wheeler River project, in Saskatchewan, Canada. The company hailed the “first-of-its kind” ISR testing programme as “highly successful” and said the technical results align with expectations that the Phoenix ore zone had significant permeability and was suitable for ISR mining.

Diamond miner Alrosa, Chinese multinational Tencent and independent technology company Everledger have launched a new WeChat Mini Program e-commerce solution to Chinese retailers. This demonstrates the power of blockchain technology to seamless enable the purchase with full transparency of their origin, characteristics and ownership, a statement this week said.

The Rating Outlook for the global mining sector in 2020 remains Stable, as slower demand for some commodities is counterbalanced by supply restrictions for others, Fitch Ratings says. A weakened macroeconomic environment has caused demand and prices for some commodities to fall, which the ratings agency expects to continue over the medium term, particularly aluminium and copper, but also thermal coal. In contrast, the iron ore market is said to remain in deficit for now amid supply restrictions in Brazil... Читать дальше...

Aim-listed miner Vast Resources on Wednesday confirmed that progress continues to be made towards drawdown of tranche one of the binding documentation with Atlas Capital Markets. Both parties are said to be working together with the intent to effect the drawdown before December 31, 2019.

South Korean firm Kepco has reportedly turned to the New South Wales Land and Environment Court in a bid to get its Bylong coal mine approved. The New South Wales Independent Planning Commission (IPC) in September refused development approval for the proposed 6.5-million tonne a year Bylong coal project, saying at the time that the project was not in the best interest of the public, despite its possible economic and social benefits.

Anglo American has announced that the value of rough diamond sales for De Beers’ tenth cycle of 2019 amounted to $425-million. This is an improvement of $25-million on the ninth sales cycle, which saw De Beers rake in $400-million.

Aim-listed Kropz on Wednesday said that the Water Tribunal had requested continuation of the hearing hearing against Elandfontein’s invalid integrated water use license (WUL), which is expected to resume on February 6, 2020. The appeal hearing was heard by the Water Tribunal from December 11 to 13, 2019.

Base metals miner Metals X has lowered the production expectations at its 50%-held Renison tin project, in Tasmania. The miner on Wednesday said that production of tin concentrate is now expected to reach between 7 000 t and 7 400 t in the 2019/20 financial year, down from the previous estimate of 8 000 t to 8 500 t.

ASX-listed Zenith Energy has flipped the switch at its solar power plant at the Nova nickel/copper/cobalt project, in Western Australia. The plant which is built, owned and operated by Zenith, is already exceeding performance targets for power output and energy efficiency, Zenith said on Wednesday.

Potash developer Salt Lake Potash has inked a binding term sheet with chemical and fertilizer company HELM AG for 50 000 t/y of sulphate of potash (SOP) over a ten ytear period. “It is an outstanding achievement for Salt Lake to secure such a world class partner in HELM for the sale and distribution of premium SOP product that will be produced at our Lake Way project,” said Salt Lake CEO Tony Swiericzuk.

Diversified metals miner Independence Group has extended its takeover offer for fellow listed Panoramic Resources until January 17, as the company assesses its position in relation to the breach of several defeating conditions. Independence in November announced A$312-million takeover offer for Panoramic, offering one of its own shares for every 13 Panoramic shares held.

Vancouver-headquartered Core Gold on Tuesday detailed the outcomes of a strategic process, which culminated in a “senior gold producer” with a market capitalisation of $4-billion making a nonbinding offer of C$0.33 a share. The unnamed gold miner made an initial proposal in September, which included, among other terms, a C$0.225 a share cash component, the creation of a new company, SpinCo to contain all Core Gold’s Ecuador projects, other than Dynasty Goldfield, to be spun-out to Core shareholders.

Glencore subsidiary Katanga Mining, which trades on the TSX, has installed nearly 20 km of new perimeter security fencing at its Komoto Copper Company (KCC) site in the Democratic Republic of Congo (DRC), where at least 41 illegal miners died earlier this year when part of the copper and cobalt mine collapsed. Construction of additional perimeter controls would continue into next year, the company, led by CEO for the year, Mark Davis, said in an update to shareholders this week.