Новости за 03.03.2020

Vancouver-headquartered Bear Creek Mining has engaged BNP Paribas and Société Générale as joint lead arrangers for a $400-million senior secured credit facility, which it plans to use for the fully permitted, Corani silver/lead/zinc project in Peru. “The BNP Paribas and Société Générale mining teams successfully arranged project financings totalling $13-billion in 2018. This impressive record combined with their extensive Peruvian experience makes them an excellent partner for Bear Creek to advance... Читать дальше...

The growth in the adoption of especially fuel cell electric buses and trucks is very noticeable in China in particular, Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri said on Tuesday. “It’s so amazing how you see technology development of fuel cells in Shanghai, and they’re monitored even by the government itself to see their performance. There is growth and don’t be surprised when you see a very sharp growth in fuel cell development and fuel cell buses and trucks on the road,” Phiri told Mining Weekly. Читать дальше...

The World Gold Council’s (WGC’s) latest statistics show that monthly gold reserves continue to rise, with significant central bank buying from Turkey and Russia, having added 16.2 t and 8.1 t of gold to their reserves, respectively, in February. The council released its regular statistical update on gold reserves in the official sector on Tuesday.

TSX-V-listed Fireweed Zinc has hailed the agreement about road upgrades that the Yukon government and the Ross River Dena Council (RRDC) First Nation reached as a “major step” forward towards the eventual development of the Macmillan Pass zinc, lead and silver project. The agreement centres on the North Canol road and Campbell highway components of the Yukon Resource Gateway Project.

Diversified  miner Exxaro Resources on Tuesday marked its yearly Sustainability Summit with a three-year fatality-free milestone. This achievement was highlighted as particularly notable, considering the number of expansion projects completed by the company in the past year, and the considerable increase in manpower that these projects required.

The World Diamond Council (WDC) strongly endorses the regional approach taken by the Mano River Union (MRU), in West Africa, to reinforce the effectiveness of the Kimberley Process Certification Scheme (KPCS). The MRU held a three-day workshop in Sierra Leone last week to discussed a programme designed to enhance the implementation of the KPCS.

LSE- and ASX-listed Danakali’s subsidiary Colluli Mining Share Company has made progress with the engineering, procurement, construction and management (EPCM) programme for the Colluli sulphate of potash project, in Eritrea. The company has successfully executed Phase 1 of the EPCM programme, and has now moved to Phase 2.

Six coal states are pressing the Trump administration to wrap up an almost two-year inquiry into whether coal and nuclear plant retirements are threatening the electric grid. In letters to the Federal Energy Regulatory Commission, which overseas US power markets, utility commissioners from Alabama, Kentucky, Montana, Tennessee, West Virginia and Wyoming warned that plant closures are accelerating and “bringing increased attention to grid resilience and fuel security.”

TSX-listed Trevali Mining will start a search for a new CFO, following the departure of Gerbrand van Heerden, who served as finance chief since June 2018. Matthew Quinlan has been appointed interim CFO, after having supported Trevali in a consulting capacity over the last five months.

Chilean miner SQM, the world's No. 2 lithium producer, saw profits tumble in the last quarter of 2019 and warned that early 2020 sales in China, a key market for the battery metals used in electric vehicles, could be hit by impact of the coronavirus. The lithium giant is the latest miner to report grim 2019 results as overproduction of the metal drives down prices and dents revenues. SQM posted fourth-quarter net income of $66.9 million, a 38% drop compared to $108.6-million in the same period in 2018... Читать дальше...

Precious metals miner Fresnillo posted a 63% slump in 2019 pretax profit on Tuesday, much worse than analysts' estimates, as low-grade ore hit production and it curtailed operations at its Noche Buena mine in Mexico. The company cut its production forecast four times last year, as it grapples with lower quality ore and construction delays at its Herradura mine in Mexico.

Bernard Swanepoel has stepped down as an independent nonexecutive director of diversified miner African Rainbow Minerals (ARM). “I am grateful to Bernard for his contributions on the board of ARM over many years and wish him everything of the best,” ARM chairperson Dr Patrice Motsepe commented on Tuesday.

The Ontario government and First Nations on Monday signed an agreement to advance planning and development of a proposed northern road link that will provide all-season access to mine sites in the Ring of Fire and connect communities to the provincial highway network. Premier Doug Ford and Energy, Northern Development, Mines and Indigenous Affairs Minister Greg Rickford were joined by Chief Bruce Achneepineskum of Marten Falls First Nation and Chief Cornelius Wabasse of Webequie First Nation at the... Читать дальше...

Australia-focused metals miner NQ Minerals has secured a $60-million debt facility with a European natural resources bank and financial solutions provider Traxys Group as part of its refinancing efforts for the original debt raised to fund the Hellyer base and precious metals project, in Tasmania. The new debt facility comprises a six year amortising loan with a coupon rate of Libor plus 5%, allowing NQ Minerals and its subsidiary Hellyer Gold Mines to retire a portion of the initial project start-up and commissioning debt... Читать дальше...

The deadly coronavirus that’s rattled markets since January won’t stop copper prices from surging to $3/lb this year, according to Chilean Mining Minister Baldo Prokurica. The price of copper, often used as a barometer for the global economy, has dropped about 7% so far in 2020, signaling demand for the metal used in everything from electronics to automobiles has cooled as investors retreat from riskier assets. Copper supplies at warehouses tracked by the Shanghai Futures Exchange expanded to the... Читать дальше...

A new report into the Western Australia future battery industry has found that battery minerals contributed $6-billion in export revenue in 2018-19, specifically, rare earths has grown significantly and was valued at over A$355-million. As at December 2019, almost A$3-billion in funding has been committed in regional investment in battery industry projects across the State and a further A$22-billion in proposed regional projects.