Новости за 05.03.2020

Global gold-backed exchange-traded funds (ETFs) and similar products added 84.5 t, or net inflows of $4.9-billion, across all regions in February, boosting holdings to a new all-time high of 3 033 t, according to new data published by the World Gold Council (WGC) on Thursday. Combined with a gold price increase of nearly 2%, assets under management (AUM) grew 4.4% in dollars during the month, breaching the previous September 2012 record high.

Mining Weekly editor Martin Creamer unpacks uptake of fuel cell electric vehicles in China, Royal Bafokeng Platinum disappointed about the ramp up of the new mechanised Styldrift PGMs mine and Implats interested in constructing a 200 MW solar power plant in Zimbabwe.

Diversified miner Exxaro Resources expects to report a 5% to 19% increase in headline earnings per share (HEPS) to between R28.05 and R31.80 for the year ended December 31. Attributable earnings per share (AEPS) are also expected to be between 32% and 46% higher year-on-year at between R36.97 and R40.89.

JSE-listed ferrochrome producer Merafe Resources has revised its expected headline loss a share for the year ended December 31, downward to between 1.2c and 2.3c. This is an improvement on the headline loss a share of 2.3c to 2.9c it initially expected to report for the year.

Research agency Fitch Solutions says global gold mine production growth is set to rebound in the coming years, owing to higher prices and mergers between major mining firms. The agency forecasts global gold production to increase from 107-million ounces this year to 132-million ounces by 2029, averaging a yearly growth rate of 2.4%.

Investors in Rio Tinto Ltd have renewed efforts to force the world's biggest iron ore miner to commit to targets that would scale back emissions of its customers in line with the Paris Agreement on combating climate change. A group of institutional investors represented by Market Forces has updated a resolution to be presented at Rio Tinto's annual general meeting in Brisbane on May 7, the unit of environmental group Friends of the Earth said on Thursday.

Europe wants to make it illegal by 2050 to emit more greenhouse gases than can be removed from the atmosphere. European Commission President Ursula von der Leyen unveiled a draft law on Wednesday that would commit the region to become the first climate-neutral continent by the middle of the century. The legal proposal is the cornerstone of the bloc’s Green Deal, a far-reaching strategy that foresees a radical overhaul of the European economy over the next three decades.

Dual-listed Condor Gold is considering a high-grade openpit mining option as one three scenarios for the La India project, in Nicaragua. The high-grade option is for a smaller plant to minimise capital expenditure and maximise cashflow in the earlier years of production, chairperson and CEO Mark Child has explained. The scenario delivers diluted tonnage of 1.64-million tonnes at 4.65 g/t gold for 245 000 oz.

Kazakhstan’s national uranium miner Kazatomprom on Thursday reported attributable production of 13 291 t of U3O8 and said its guidance for 2020 remained flat at between 12 800 t and 13 300 t, in line with its market-centric strategy. On a 100% basis, 2019’s production was 22 808 t, which is 5% more than the previous year, and its guidance for 2020 is to produce between 22750 t and 22 800 t. The London-listed company, which is the world’s largest seller of natural uranium, has determined to keep... Читать дальше...

The global spread of the novel coronavirus has crushed hopes for stronger growth this year and will hold 2020 global output gains to their slowest pace since the 2008/9 financial crisis, International Monetary Fund (IMF) MD Kristalina Georgieva said on Wednesday. The IMF now expects 2020 world growth to be below the 2.9% rate for 2019, and revised forecasts will be issued in the coming weeks, Georgieva told a news briefing. Trade wars pushed global growth last year to the lowest rate since a 0.7% contraction in 2009.

As coronavirus cripples the Chinese economy, hardly anyone there is buying diamonds. Diamond sales in China have collapsed since the outbreak of the virus as shoppers stay home. De Beers, the biggest diamond miner, said sales fell by more than a third last week, from its first sale of the year in January.

Implats evaluating 200 MW solar power plant in Zimbabwe; Hydrogen fuel cell technology moving at very fast pace; and, Impala Rustenburg’s stunning improvement saves 12 500 jobs