Новости за 06.01.2020

TSX-listed Excelsior Mining has started operations at the Gunnison copper project, in southern Arizona, which is permitted to produce 125-million pounds a year. The start of mining operations, announced on Friday, follows a commissioning programme that has been ongoing for several weeks.

Canadian miner First Quantum Minerals is weighing investment of around $1-billion to lift output at Africa's biggest copper mine in Zambia, a company document seen by Reuters showed. The investment would add a decade of life and head off production declines at the Kansanshi copper mine, increasing annual production to 300 000 t over time from an expected 235 000 t last year, according to a company presentation given to Zambian government officials.

The Minerals Council South Africa has extended its "deepest condolences" to the family, friends and colleagues of Dr Xolani Mkhwanazi, who passed away on January 4 after a short illness. “I had the privilege of getting to know Dr Mkhwanazi back in 2010 and I admired his incredible intellectual capability, his humility and his great sense of humour. South Africa and the mining sector have lost not only a great leader and intellectual but also a man who was passionate about this country. He will be... Читать дальше...

Diamond miner Lucapa Diamond Company has reported record production for the three months to December, with 14 007 ct recovered during the quarter. The Mothae operation, in Lesotho, produced 9 837 ct during the quarter, while the Lulo mine, in Angola, produced a further 4 170 ct.

Nickel miner Panoramic Resources has flagged a 22% drop in nickel production for the December quarter, and a 19% drop in copper production, compared with the previous quarter. During the three months to December, Panoramic produced 1 042 t of nickel and 695 t of copper, as well as 55 t of cobalt.

Coal hopeful Prairie Mining is awaiting a formal announcement from the Polish government, which could affect the future of its flagship Jan Karski mine. The Polish government at the end of December reportedly awarded Lubelski Weigiel Bogdanka a mining concession for the K6-7 deposit, which forms an integral part of Prairie’s planned Jan Karski mine on the Lublin concession.

Gold surged to the highest level in more than six years as fast-rising tensions in the Middle East stoked demand for haven assets, with Goldman Sachs Group saying that bullion offered a more effective hedge than oil to the crisis. Palladium extended gains to an all-time high. Bullion neared $1 600/oz as Tehran said it would no longer abide by any limits on its enrichment of uranium following the killing of General Qassem Soleimani. In addition, President Donald Trump said he was prepared to strike... Читать дальше...