Новости за 30.01.2020

With mining considered to be in an endless state of uncertainty in South Africa, EY Africa director and partner Khethiwe Cebekulu has named four key areas that need to be addressed by the Mineral Resources and Energy Minister Gwede Mantashe at the Investing in African Mining Indaba next week. With the Mining Indaba’s theme this year focused on optimising growth and investment in a digitised mining economy, Cebekulu said that it was “particularly important to recognise that the only route to long-term... Читать дальше...

There has been a renewed call for government to support formalising the country’s artisanal mining sector in efforts to address challenges including unemployment, as well as health and environmental challenges experienced in former and current mining areas. This was expressed in a report, titled ‘Regularising Informal Artisanal Mining in South Africa – An Evidence-Based Report 2019’, which was commissioned by the Open Society Foundation for South Africa and compiled by the University of the Witwatersrand’s School of Mining... Читать дальше...

Mineral Resources and Energy Minister Gwede Mantashe will officially open the twenty-sixth edition of the yearly Investing in African Mining Indaba, which takes place in Cape Town, next week. According to a statement issued by the Department of Mineral Resources and Energy on Thursday, the department intends to assure current and potential investors of stability, regulatory certainty and rule of law, as well as to promote new investment opportunities that South Africa has to offer.

The Democratic Republic of Congo, the world’s biggest producer of cobalt, created a State monopoly that will buy all output not extracted by industrial operators in a bid to exert more control over the price of the key ingredient in rechargeable batteries. The central African nation dominates output of the metal, accounting for more than 70% of the global market in 2018. While most Congolese cobalt comes from large, mechanised mines operated by companies including Glencore, artisanal miners can account... Читать дальше...

Toronto-listed Global Atomic has started an optimised preliminary economic assessment (PEA) for the Dasa uranium project, in Niger, incorporating a zone which CEO Stephen Roman says has been a “game changer” for the initial Phase 1 mining plan. “With high grades of 0.5% U3O8 we envision a small tonnage ramp access mine in the Flank Zone, that will produce a meaningful amount of uranium with low capex and opex. Should uranium prices improve and demand increase, the Dasa mine and processing facilities... Читать дальше...

Dual-listed lithium miner Orocobre has reported a 44% drop in revenue for the December quarter as lithium prices tumbled. Lithium production during the December quarter reached 3 586 t, up slightly from the 3 093 t in the previous quarter, and down 5% on the previous corresponding period.

Nickel miner Panoramic Resources has lowered its 2020 production guidance from its Savannah operation, in Western Australia. The ASX-listed company was now expecting full year production to reach between 5 200 t and 5 600 t of contained nickel, between 3 400 t and 3 700 t of contained copper, and between 280 t and 320 t of contained cobalt.

This week on Second Take, Mining Weekly editor Martin Creamer unpacks the decline in coal export at the Richards Bay Coal Terminal, Amplats earnings and derisking the future of PGMs.

Falling nickel prices has seen the revenues of metals miner Independence Group decrease during the December quarter, as nickel prices fell. Nickel production at Nova was down slightly in the December quarter, at 7 513 t of contained nickel, compared with the 7 724 t produced in the September quarter, while both copper and cobalt in concentrate production also declined slightly to 289 t of contained copper and 279 t of contained cobalt, compared with the 3 289 t and 279 t respective production in the September quarter.

Canadian mining company Silvercorp, which produces silver, lead and zinc metals in concentrates from mines in China, is taking an extended holiday season, in line with the Chinese central government’s efforts to contain the spread of the coronavirus. Silvercorp’s production was suspended on January 17 for the Chinese New Year holiday, and was scheduled to restart on February 1. However, with the government extending the holiday by three days to February 3, Silvercorp will only restart production on February 10.

Global gold demand declined to 4 355.5 t in 2019, down 1% compared with 2018, the World Gold Council’s (WGC’s) latest ‘Gold Demand Trends’ report, published on Thursday, shows. WGC member and market relations director John Mulligan says 2019 was “broadly one of two distinct halves”, the first half of which indicated resilience and growth across most sectors.