Новости за 02.03.2020

The Brazilian mining association, or Ibram, has signed a memorandum of understanding (MoU) with the TSX and TSX-V to establish a relationship to increase investment in the Brazilian mining sector in the coming years. The organisations will work together to increase the number of Brazilian mining companies on the exchanges and jointly identify opportunities to boost the investment attractiveness for the Brazilian mining sectors. In a statement announcing the agreement, Ibram said it would be tasked... Читать дальше...

Norsk Bergindustri, the national mining association in Norway, on Monday announced that it would adopt the Towards Sustainable Mining (TSM) initiative, a corporate social responsibility programme developed by the Mining Association of Canada (MAC) to improve environmental and social practices in the mining industry. Norsk Bergindustri joins seven other mining associations around the world, including the third in Europe and the second in Scandinavia after FinnMin, in adopting TSM. Norsk Bergindustri... Читать дальше...

TSX-V-listed GR Silver Mining on Monday announced that it would buy the past producing Plomosas project, in Mexico, from NYSE- and TSX-listed First Majestic Silver. The transaction consolidates ownership of advanced stage projects in the Rosario mining district into a single company, bolstering the likelihood of new discoveries of gold and silver deposits.

The CRU-Cesco World Copper Conference in Santiago has been cancelled owing to concerns over travel risks associated with the coronavirus outbreak, forum organiser Cesco told Reuters on Monday. The coronavirus, which was identified in China late last year, has quickly spread to dozens of countries, killing over 3 000 people and disrupting global business supply chains.

ASX-listed Battery Minerals has signed a binding agreement to buy 67% of Gippsland Prospecting, which has the sole right to apply for an exploration licence immediately adjacent to fellow-listed Stavely Minerals’ Thursday’s Gossan copper/gold project, in Victoria. Known as Block 4, the tenement covers 809 km2 and hosts the historic Moyston gold mine, which produced 75 000 oz at 22 g/t gold.The exploration licence is also 7 km from the rich Stawell gold mine, which has produced five-million ounces of gold.

ASX-listed Universal Coal is confident in its expected return to profitability, targeting A$73-million of earnings before interest, taxes, depreciation and amortisation (Ebitda) for the 2020 financial year. The company achieved Ebitda of A$24-million in the six months ended December 31, 2019, and made progress in the development of various projects.

Australia-based resource company Paladin Energy has received the outstanding Ministerial consent for the completion of the sale of its 85% interest in its subsidiary, Paladin Africa, to Lotus Resources (65%) and Lily Resources (20%). Paladin Africa wholly owns the Kayelekera uranium mine, in Malawi.

The Democratic Republic of Congo’s central bank plans to use the country’s updated mining law to buy dollars from mining companies in exchange for Congolese francs to shore up dwindling foreign currency reserves. The government’s demand for dollars is “to assure the resilience of the national economy” as Congo looks to qualify for a formal loan program with the International Monetary Fund, Prime Minister Sylvestre Ilunga Ilunkamba said in a February 26 letter to Louis Watum, president of Congo’s Chamber of Mines... Читать дальше...

ASX-listed Panoramic Resources has successfully transitioned all underground mining activities at its Savannah nickel mine in Western Australia to the stewardship of underground contractor Barminco. Barminco has rapidly mobilised its key personnel and initial equipment to site, with the underground transition and full operation handover occurring ahead of schedule on March 1.

Russian miner Alrosa’s investment committee has approved financing for preliminary engineering studies at the Jubilee diamond mine, to provide up-to-date information to decide on the construction of an underground mine. The Jubilee pipe forms part of the Aikhal division and is currently being mined by openpit methods. The company expects to receive the feasibility study results for the underground mine, as well as updated resources and reserves, in 2022.