Новости за 19.12.2019

Merger mania swept the gold-mining industry in 2019 with more than $33-billion worth of deals being inked. While trade fears lit a fire under bullion prices, they created headwinds for base-metals miners. What’s ahead in 2020? In its fourth annual CEO year-ender, Bloomberg News asked the heads of some of the biggest miners for their outlooks. Based on interviews with the top executives from miners including Newmont Goldcorp, Teck Resources and Barrick Gold, expect a big focus on environmental, social... Читать дальше...

ASX- and LSE-listed Danakali has selected Earth Moving Worldwide as its preferred contractor for the Colluli sulphate of potash project mining services scope. The mining services scope covers the pre-production period (development) plus the first five years of production. The scope includes the provision, operation and maintenance of excavation, haulage and dewatering equipment.

The Indian government will set up a ‘sustainable development cell’ to ensure environmentally sustainable coal mining across the country. According to a statement issued by the Coal Ministry, the cell will advise on planning, monitoring and mitigation measures taken by all coal mining companies to minimise the environmental impact of mining and also develop a policy framework of environmentally compatible mine closure plan.

US coal companies have been paying outsized returns to investors for the past two years, offering near-term compensation even as share values sank. That won’t last. Peabody Energy and Warrior Met Coal are among the miners that have paid out more than $1.25-billion to shareholders in dividends and share buybacks through the first three quarters of this year. That’s down from more than $1.5-billion for the same period last year. And as cash flow dries up, 2020 may be worse.

Brazil's President Jair Bolsonaro said on Thursday that a bill authorizing mining on protected indigenous reserves was ready and only needed to be sent to Congress for consideration. Bolsonaro told supporters that indigenous people should also be allowed to commercially farm on their land and that native populations should be involved in a drive to expand the country's beef production.

Junior Gibb River Diamonds has stepped up to the plate at the now defunct Ellendale diamond mine, in Western Australia, with the company accepting Mines and Petroleum Minister Bill Johnston’s offer to apply for new tenements at the project area. The Minister has also invited India Bore Diamond Holdings to apply for other tenements at the site.

A definitive feasibility study (DFS) into the Borborema gold project, in Brazil, has confirmed its economic viability, ASX-listed Big River Gold on Thursday said. The study estimated that the project would produce some 729 000 oz of gold over a mine life of just over ten years, producing an average of 71 000 oz/y, and around 88 000 oz/y over the first four years of the mine life.

Australia’s resource and energy export earnings are forecast to set a record A$281-billion in 2019-20, up from A$279-billion in 2018-19, new data from the Office of the Chief Economist has revealed. Minister for Resources and Northern Australia Matt Canavan noted that the record earnings are underpinned by rising export volumes of iron-ore, liquefied natural gas (LNG) and gold, while tech-era commodities such as lithium are set to earn Australia A$1.6-billion in export earnings in 2020-21, with... Читать дальше...

Canadian company Lucara Diamond Corp, which operates the Karowe mine, in Botswana, has had stronger-than-expected finish to the year, with the final tender "reflecting a more stabilised market environment". Lucara generated sales proceeds of $52.9-million in the final tender held on December 12, achieving an average price of $548/ct. The sales proceeds exceeded expectations by 16%.

Brazilian iron-ore miner Vale signed a service agreement with China's Ningbo Zhoushan Port to jointly launch a new iron-ore product, GF88, the Chinese port company said on Wednesday. Under the agreement Ningbo Zhoushan Port will provide services for Vale's new product, including site construction, grinding and processing, loading and storage, the port said on its website.

The board of TSX-V-listed Orla Mining has approved the start of construction spending at the Camino Rojo oxide gold project, in Mexico, following the closing of a $125-million credit facility. The $125-million facility was arranged by Trinity Capital and includes a syndicate of lenders led by Agnico Eagle Mines, Pierre Lassonde and Trinity Capital, creating key alignment between debt and equity holders.

Twin Metals Minnesota (TMM) is seeking approval build the state’s first underground mining operation in 50 years, near a wilderness area that the Obama-era tried to take off bounds for mining. TMM, which is owned by Chile’s Antofagasta, on Wednesday formally submitted its project proposal for a $1.7-billion copper, nickel and platinum mine state and federal agencies for approval.