Новости за 23.06.2020

Authorities in Democratic Republic of Congo's southeastern mining heartland are boosting efforts to tackle child labour amid concerns that the coronavirus pandemic could drive more families to put their children to work in mines, officials said. Congo is Africa's main producer of copper and the top global source of cobalt, accounting for two-thirds of global supplies of the metal used in smartphones and electric car batteries.

TSX-V-listed Southern Silver Exploration has executed an agreement to buy Electrum Global Holdings’ 60% indirect interest in the Cerro Las Minitas (CLM) project, in Durango, Mexico, for $15-million. The cash and stock transaction will increase Southern Silver’s working interest in the project from 40% to 100%, giving it full ownership of a “premier” polymetallic deposit.

Canadian advanced-stage development and exploration company MAG Silver has appointed Peter Barnes as chairperson of its board. Barnes first joined the board in late 2012 and has since chaired various committees for MAG, including the audit committee and the governance and nomination committee.

The Trump administration is considering re-imposing tariffs on aluminum imports from Canada and an announcement could come by the end of the week, according to people familiar with the matter. If Canada refuses to impose export restrictions on aluminum, the US will announce Friday the re-imposition of 10% tariffs on aluminum from the country and implement the tariffs by July 1, according to the people, who asked not to be identified because the information isn’t public. That would be just days... Читать дальше...

Chile´s State-run Codelco said on Monday it would implement new measures at its El Teniente copper mine, the company´s largest deposit, to maintain operations amid increasing worker angst over the fast-spreading coronavirus. The world´s top copper producer said it would move to a 14-day on, 14-day off shift schedule at El Teniente, and that it would begin to test workers three times per shift for Covid-19. The "extraordinary measures" would allow it to "ensure the continuity of operations and the... Читать дальше...

Transatlantic relations could reach a new low next month as the European Union readies tariffs on billions of dollars of American exports aimed at politically important industries for President Donald Trump and his Republican allies in Congress. The EU has asked the World Trade Organization to give it the green light to place levies on $11.2-billion of US products over a long-running aircraft subsidies dispute. A ruling is expected as soon as July and the EU is planning to target coal producers... Читать дальше...

Canadian junior Gold X Mining, which is developing the Toroparu gold project in Guyana, on Monday announced the appointment of mining entrepreneur Robert Friedland as its nonexecutive chairperson. Gold X’s current chairperson and CEO Paul Matysek will relinquish the chairperson role, but will remain a director and its CEO. Friedland and Matysek worked together at Potash One, Friedland was chairperson and Matysek was CEO. At the time, the company was sold to Germany’s K+S for $434-million in a friendly transaction. Читать дальше...

A prefeasibility study (PFS) on a block cave expansion of the Carrapateena copper/gold project, in South Australia, has unlocked the potential of the province, ASX-listed Oz Minerals said on Tuesday. The PFS is base don the conversion of the lower portion of the current sub-level cave into a series of block caves, which would significantly increase the value of the project, as well as the reserve and mine life of the Carrapateena operation.

TSX- and NYSE-listed Hudbay Minerals is appealing a 2019 district court decision, which overturned approvals issued by the US Forest Service for Rosemont mine, in Arizona, announcing on Monday that it had filed its initial brief with the US Court of Appeals. The mining company is appealing the July 2019 decision of the US District Court of Arizona, which revoked the US forest Service’s final record of decision of June 2017, arguing that the court misinterpreted federal mining laws.