Новости за 12.06.2020

Construction and development activities at Aim-listed Scotgold Resources’ Cononish gold and silver mine, in Scotland, will resume on June 15. The mine has been on care and maintenance since March 27.

China’s Zijin Mining has been revealed as the international company that presented Canada’s Guyana Goldfields with a superior proposal, outbidding Silvercorp Metals with its C$323-million offer for the gold miner. Zijin and Guyana Goldfields on Friday announced a binding arrangement agreement, pursuant to which the Chinese group will acquire the Guyana-focused mining company for C$1.85 a share in cash. On Wednesday, Guyana Goldfields terminated its arrangement agreement with Silvercorp.

The CEO of mining major Rio Tinto has apologized for the distress caused by the company’s unintentional destruction of two sacred Aboriginal caves in Western Australia, saying the company would fully cooperate with the Inquiry by the Joint Standing Committee on Northern Australia. Blasting operations undertaken at Rio’s Brockman mine, in the Pilbara, which resulted in the destruction of the caves which showed evidence of continual habitation dating back some 46 000 years.

Manufacturers and retailers of platinum jewellery have begun working towards ensuring the recovery of the sector, as Covid-19 continues to heavily impact on the global economy, the Platinum Guild International’s (PGI’s) latest 'Platinum Jewellery Business Review (PJBR)' states. Published on June 12, the review notes that the Covid-19 crisis has caused China’s gross domestic product to sink to the lowest level since 1992 and that, against a backdrop of overall stagnant retail demand, platinum jewellery manufacturing outperformed that of gold... Читать дальше...

ASX-listed TerraCom has finalised the sale of its Mongolian assets to Bridge Resources, disposing of its Baruun Noyon Uul (BNU) coal mine and its Enkhtunkh Orchon coal mine. The assets are being sold as a going concern, with Bridge accepting the existing net liabilities of up to $28-million, paying TerraCom a total consideration of $3-million.

ASX-listed junior Tesoro Resources will raise some A$5.98-million through an share placement and accelerated pro-rata non-renounceable entitlement offer to fund exploration and development work at the El Zorro gold project, in Chile. An initial share placement, consisting of more than 54.4-million shares, will be conducted at a price of 6c a share, to sophisticated and professional investors, raising A$3.26-million.

NYSE- and TSX-listed First Majestic Silver has made its first investment outside of Mexico, announcing on Thursday that it would acquire a stream on 50% of payable silver produced from the Springpole gold project, in Ontario. The company will acquire the silver stream from First Mining Gold for $22.5-million in cash and shares, which will fund Springpole through the prefeasibility and environmental assessment processes.

Unionised mine workers in Chile, the world's top copper producer, warned on Thursday that health should take precedence over output, one day after State-run Codelco's unions threatened a walkout at some of its operations. Workers with the Federation of Copper Workers said there had been an "alarming" spike in coronavirus cases at some mines, one week after a miner at the company´s massive Chuquicamata mine died from Covid-19. "This is a general warning, in case the administration does not take the measures," Liliana Ugarte... Читать дальше...

The Queensland government has recognised diversified major Glencore’s A$1.5-billion Valeria coal project as a coordinated project under the state’s approvals process. Queensland Treasurer Cameron Dick said that the proposed coal mine could deliver 1 400 construction jobs and 950 ongoing jobs once operational.

Bearings and power transmission product distributor Bearings International (BI) is offering industrial equipment manufacturer ROCOL’s range of wire rope lubricant products to solve vital and complex lubrication challenges for local miners. “Where lubricants are put through the most challenging environments involving extreme heat, load, vibration, water and dusty environments, ROCOL’s lubricants offer peace of mind and trustworthy performance,” says BI marketing manager Victor Strobel.

With the resumption of activities in different economic sectors, such as the mining industry, local lubrication equipment supplier Industrial Fluid Solutions (IFS) CEO Gustav Fourie states that there has been an increase in demand for fluid-handling equipment which would reduce manpower requirements. He says this can encourage growth in the company, particularly with rental opportunities for equipment used to handle fuels and lubricants in the opencast mining industry.

Local lubrication solutions supplier Lubrication Engineers (LE) South Africa is making its leading products available in value packs, specifically designed to meet the lubrication requirements of everyday users in the local mining industry. LE national marketing manager Callum Ford states that the company is bundling smaller sizes of its product offering to enable customers to meet their lubrication requirements without having to buy industrial-sized containers.