Новости за 25.02.2020

London-listed Red Rock Resources has contracted mineral exploration associates Minex Consulting to start a second phase of exploration on its licence in the copperbelt, in the south of the Democratic Republic of Congo (DRC). The licence, which Red Rock calls the Luanshimba project, is prospective for copper and cobalt mineralisation, as identified by an initial exploration programme in December 2018.

India’s NLC has firmed up plans to increased downstream activity, targeting power generation of 21 011 MW by 2025, of which at least 20% will be from renewable energy sources. In the current financial year, with the commissioning of the 500 MW first unit at Neyveli New thermal power project, NLC’s aggregate thermal power generating capacity increased to 4 640 MW. With the setting up of a 709 MW solar power project in the southern state of Tamil Nadu, the company’s total power generation capacity from renewables increased to 1 404 MW... Читать дальше...

India’s Singareni Collieries Company Limited (SCCL) has firmed up capital expenditure (capex) of $423-million for 2020/21 and increased its coal production target to 67.5-million tons, up from the targeted 66-million tons of the current financial year. The SCCL board last week approved the spending plans and this was followed up by the signing of a memorandum of understanding (MoU) with the government of the southern state of Telengana setting out the coal production target for the coming financial year.

Indonesia's coordinating minister overseeing maritime resources and investment affairs said on Tuesday that the coronavirus outbreak in China will likely delay development of nickel projects in the Southeast Asian country worth about $11-billion. Minister Luhut Pandjaitan told reporters that projects being developed in Morowali and Konawe on Sulawesi island and in Weda Bay in North Maluku will be affected by measures taken in China to rein in the epidemic that have curbed industrial activity.

Aim-listed Firestone Diamonds’ share price on the LSE fell by more than 68% on Tuesday after it announced that it planned to delist from the Aim. A general meeting will be convened on March 13 for shareholders to vote on the proposed delisting. Seventy-five per cent of shareholders will need to vote in favour of the delisting.

Global miner Rio Tinto has entered into an agreement to earn up to 75% in TSX-listed Calibre Mining’s Borosi project, in north-east Nicaragua. The project hosts gold/silver and copper/gold resources in two areas, as well as multiple lesser explored copper/gold skarns, low-sulphidation epithermal gold/silver vein systems and bulk tonnage copper/gold porphyry targets. Further, Calibre and Rio Tinto also entered into a strategic exploration alliance agreement under which they will work together... Читать дальше...

TSX-listed Ivanhoe Mines has completed more than 8 km of underground development at the Kakula copper mine, in Democratic Republic of Congo. The company on Tuesday said this was 1.7 km ahead of schedule.

Diamond miner Lucapa has generated A$2.84-mllion in revenue from the sale of 1 223 ct of diamonds from its Lulo mine, in Angola. The ASX-listed company noted that its latest Lulo parcel had achieved an average price of A$2 324/ct.

Potash developer Salt Lake Potash has completed the construction of its Stage 2 evaporation ponds and trench network at its Lake Way sulphate of potash project, in Western Australia. The Stage 2 construction included 275 ha of brine evaporation ponds which will provide feed salts to the process plant starting in 2021.