Новости за 11.03.2020

Canadian miner Ivanhoe Mines has promoted Marna Cloete to the position of president of the company, in addition to her existing role as CFO. Cloete will replace Tony Giardini, who would leave Ivanhoe mines after a “short transition period”, the company said on Wednesday. Giardini returned to Ivanhoe last year to succeed Lars-Eric Johansson as president when he retired as president and CEO at the end of June.

The newly announced tri-metal catalyst technology that rebalances market demand for platinum group metals bodes well for platinum, Implats CEO Nico Muller said on Wednesday. The tri-metal catalyst technology, which involves the use of palladium, rhodium and platinum in various degrees of loading, gives the automotive industry a more sustainable, lower-cost option.

The outbreak of a new strain of coronavirus, Covid-19, has weighed on diamond demand in February and will negatively impact on Alrosa’s sales outlook for 2020, CEO Sergey Ivanov said on Wednesday. The Russian miner reported rough and polished diamond sales of $346.4-million in February, down 14% on January’s sales.

Diamond miners Gem Diamonds delivered solid operational results for the year ended December 31, which, together with the targeted gains of a business transformation programme and continued emphasis on cost controls, affirmed it as one of the lowest-cost producers in the industry, CEO Clifford Elphick said on Wednesday. The operational results were characterised by the achievement of all guided operational metrics and the recovery of 11 diamonds greater than 100 ct each, which also brought the total... Читать дальше...

While work is continuing for the prefeasibility study and the proposed definitive feasibility study (DFS) for the Alpala project, in Ecuador, London-listed SolGold has also started discussions about a funding package of about $2.85-billion for the development of the deposit that forms part of its 85%-owned Cascabel project. The funding requirements involve short-term funding of about $150-million to complete the DFS, as well as about $2.7-billion to fund SolGold’s share of predevelopment costs and longer term development capital expenditure.

Global miner Anglo American has signed a 15-year contract to buy electricity generated from a photovoltaic plant owned and operated by Atlas Renewable Energy for its iron-ore mining operations in Brazil. The Casablanca solar plant, located in Minas Gerais, will supply 613GWh from 2022. Atlas will invest 881-million reals, or about $190-million, in the solar PV project, which has an installed capacity of 330 MW with more than 800 000 modules.

ASX-listed FYI Resources has secured an A$80-million project development financing facility for its Cadoux kaoln and Kwinana high purity alumina (HPA) project, in Western Australia, as a definitive feasibility study (DFS) proved the project parameters. The DFS has confirmed the 2018 prefeasibility study results, which found that 8 000 t/y of HPA could be produced from the integrated operation over a mine life of some 25 years.

The Australian High Court on Wednesday dismissed mining major BHP’s attempts to appeal a ruling by the Federal Court holding the miner liable for nearly $90-million in taxes. The dispute between BHP and the Australian Taxation Office (ATO) has been raging for several years now, with the ATO insisting that the diversified miner should pay tax on the profits made by its Singapore marketing hub through the sale of Australian commodities.

Diversified metals miner Aurelia Metals has completed the commissioning of a A$53-million upgrade to its Peak ore processing circuit, in New South Wales. The ASX-listed Aurelia said on Wednesday that the Peak process plant now had the flexibility to produce gold dore and separate copper, lead and zinc concentrate at throughput rates of up to 800 000 t/y of high-grade gold and base metal feed.