Новости за 17.06.2020

The Pebble Partnership has announced that it will distribute a percentage of the revenue generated from the Pebble mine, in Alaska, to year-round residents of Bristol Bay. The Pebble performance dividend (PPD), announced on Tuesday, will distribute 3% of the net profits from the mine to registered Bristol Bay residents. “When we rolled out our new, smaller mine plan in 2017, I made a commitment to find a way to share the opportunity Pebble represents with the residents of Bristol Bay. While not everyone will want to work at the mine... Читать дальше...

As part of building an empowered, diverse and innovative workforce of tomorrow, South African miner Exxaro has appointed Londolani Rampfumedzi as its Belfast mine’s new business unit manager. Rampfumedzi previously worked for at Glencore, managing two of its underground mines and strategic projects, then moved to iMpunzi and finally joined Mafube in 2017 as General Manager, before being appointed to his current role.

TSX-V-listed Golden Predator Mining expects to share further details of its Brewery Creek restart study Phase 1 during the third quarter of the year. The company will also provide a new mineral resource estimate, which will supersede the resource estimate published in November last year.

ASX-listed Latin Resources has signed a joint venture (JV) agreement on the company’s Catamarca lithium pegmatite projects with Argentinian investment group Integra Capital. The signing of the binding JV agreement comes after an extensive negotiation process on Latin’s concessions, which encompasses more than 70 000 ha in Catamarca province, in Argentina.

With an abundance of natural resources that have not been significantly exploited, Ethiopia has “enormous potential” for the export of these resources and at a relatively low production cost, Ethiopia Ministry of Mines, Petroleum and Natural Gas planning, monitoring and evaluation director Geremew Negassa has said. This is in line with Ethiopia’s pursuit of various reforms that are designed to attract and safeguard intensive long-term capital investment into the country, where targets have been set for the economy.

The gold industry will need to bring on line eight-million ounces in the next five years to maintain 2019 levels of production, consultancy firm Wood Mackenzie (Woodmac) said on Wednesday, warning that the gold supply summit was in sight. This equated to about 44 project and based on the average project capital intensity of $4 610/oz, it would require an investments of about $37-billion in greenfield and restart projects by 2025. Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Читать дальше...

Australia's largest tin producer, Metals X, on Wednesday published results of its Area 5 mining optimisation study and an updated mine plan for the Renison tin operation, in Tasmania. Renison is 50% owned by Metals X through the Bluestone Mines Tasmania joint venture (JV).

ASX-listed Matsa Resources has executed a A$7-million agreement with fellow-listed diversified miner IGO subsidiary IGO Newsearch, whereby it can earn a 70% interest in Matsa’s Symons Hill nickel project over the next three years. The project is based in the Fraser Range, in Western Australia, and is highly prospective for nickel and copper. The project is situated 6 km southwest of IGO’s Nova nickel operation.

Copper Mark, a traceability system launched by the International Copper Association (ICA), expected more members this year after two units of mining giant Rio Tinto joined in May. Copper Mark was launched in April 2019 as part of ICA's effort to bring the whole copper supply chain in par with the rising standards and expectations for responsible copper production. It welcomed Oyu Tolgoi in Mongolia and Kennecott Utah Copper in the US, both owned by Rio Tinto, and expected members of the ICA to be among the early adopters... Читать дальше...

Anglo-Australian diversified miner BHP has appointed David Lamont CFO, effective December 1, 2020. He succeeds Peter Beaven, who will serve as CFO until November 30, but will continue to support Lamont into early 2021 for a seamless handover.

A Chilean regulator on Tuesday dismissed the concerns voiced by union workers that mining companies were failing to enforce sanitary measures to combat the spread of the coronavirus, calling mine adherence to the restrictions "adequate". Unions had urged the government to re-assess the operating plans of the country´s sprawling mines on Sunday, citing an "alarming" increase in infections among workers. But Chile´s Geology and Mining Service (Sernageomin) told Reuters in an emailed statement it... Читать дальше...

Struggling Canadian miner Dominion Diamond Mines has filed a lawsuit in the Supreme Court of British Columbia, suing global miner Rio Tinto’s subsidiary Diavik Diamond Mines Incorporated (DDMI). The legal action relates to an alleged breach of contract and an alleged breach of fiduciary duty under the companies’ joint venture (JV) agreement. Dominion has a 40% interest in the Diavik mine, while Rio Tinto's DDMI holds a 60% interest in the mine, which is located on the 20-km-wide island in Lac de Gras... Читать дальше...

TSX-V-listed African Gold Group has published a definitive feasibility study (DFS), as well as an updated mineral resource and reserve estimate, for the Kobada gold project, in Mali. The DFS envisions a production rate of 100 000 oz/y for the first five years of operation.

Investment adviser Appian Capital Advisory, which backs mining projects, has appointed mining industry executive Igor Gonzales as its new COO. Gonzales will manage the company’s technical team working across Appian’s portfolio, with direct oversight of the firm’s operating assets including Atlantic Nickel’s producing Santa Rita nickel/copper/cobalt project and Mineração Vale Verde’s copper/gold Serrote project in Brazil, which is advancing towards production next year.

Canada-based platinum group metals and chrome miner Eastern Platinum (Eastplats) has temporarily halted its chrome concentrate production in South Africa. The operation at the Crocodile River Mine, in the North West province, was halted over the weekend of June 13 and 14 as a result of a confirmed case of Covid-19. Precautionary steps, including personnel self-isolation and a full-scale deep cleaning of the mine, have since been implemented to prevent the further spread of Covid-19.

TSX-listed Nevada Copper continues preparing for the restart of processing operations at its Pumpkin Hollow underground mine, in the US, which is planned for the third quarter, subject to revision based on impacts of the Covid-19 pandemic and other factors. The miner also said on Tuesday that it had identified further new zones of copper mineralisation in further expanded land holding.

Authorities in Democratic Republic of Congo's southeastern mining heartland announced temporary lockdowns on Tuesday in an effort to widen coronavirus testing and prevent a worrying situation from worsening, governors said. Cases have multiplied in the central African nation despite the imposition of short-term lockdowns in some urban centres and restrictions on movement. A lack of local testing has fanned fears the virus is spreading undetected.