Новости за 08.07.2020

JSE-listed tin concentrate producer Alphamin Resources’ tin production for the second quarter, ended June 30, increased by 29% quarter-on-quarter to 2 739 t. This exceeded the production guidance for the period.

World Diamond Council (WDC) president Edward Asscher has expressed the WDC’s strong support for an agreement announced on July 8, for collaboration in the development and delivery of a training programme that promotes safe and responsible operating standards. The standards apply to the artisanal and small-scale mining sectors (ASM) in the Mano River Union- (MRU-) member countries of Sierra Leone, Liberia, Guinea and Côte d'Ivoire.

Gold’s allure is only getting stronger as 2020 unfolds. Spot prices reached $1 800/OZ and year-to-date inflows into bullion-backed exchange-traded funds have topped the record full-year total set in 2009. Investors have favored havens this year as the coronavirus pandemic rips through economies, spurring sustained inflows into gold-backed ETFs as central banks and governments unleash vast stimulus programs. States across the US recorded new highs in cases and deaths on Tuesday, and Federal Reserve... Читать дальше...

Nornickel, the world's largest producer of palladium and high-grade nickel, said on Wednesday that it was committed to fully cover the cost of remediation of the environmental impact of the recent fuel spill in the Arctic, but that it disagreed with the amount that Russian watchdog Rosprirodnadzor calculated. The federal service for natural resource management said this week that the diesel spill from a tank owned by Nornickel in May caused 148-billion rubles (about $2-billion) of damage in the Arctic. Читать дальше...

Dual-listed GoviEx Uranium has received a letter from the Mining Cadastre Department of Zambia notifying the company that it had terminated the Chirundu mining licence.  Under the Zambian Mines and Minerals Development Act of 2015, GoviEx has been given 30 days to appeal this decision, which the company says it has every intention to do.

It’s no coincidence that global copper prices and Chilean Covid-19 cases are rising together. Chile, which accounts for more than a quarter of global supply, is battling to maintain output levels as more workers fall ill amid a nationwide surge of infections. Mines have been attempting to keep their workers safe without forgoing too much output by postponing non-essential activities such as maintenance and construction work. Fewer workers on site mean less risk of infection. But cases keep rising... Читать дальше...

Toronto-listed First Quantum has been given the green light to resume normal operations at its Cobre Panama mine, after being ordered to shut the mine in early April, owing to positive Covid-19 cases. The copper/gold miner said this week that it would implement a reopening plan, which provided for a phased increase of onsite personnel, while production was ramped up to an 85-million tonne-a-year throughput rate. The operation would to ramp up to full production by mid-August, First Quantum stated.

This week: Covid kills 13 mineworkers, no foreigners back at work; Platinum group metals in pole position to benefit from global decarbonisation thrust; and, Intensive communication playing key role in curbing Covid at South Deep

Australia's Newcrest Mining has hired investment bank RBC Capital Markets to explore options for its 13.57% stake in gold and copper producer SolGold, two sources said, after it contested SolGold's latest fundraising initiative. The Ecuador-focused company agreed in May a financing package of up to $150-million and a $15-million bridge loan for its Alpala project with streaming company Franco-Nevada defying Newcrest, which had urged it to raise funds via equity. Australia's biggest listed gold... Читать дальше...

oal miner New Hope Corporation has flagged a next round of redundancies as the stasis around the approval of its New Acland Stage 3 operation, in Queensland, continues. The miner on Wednesday announced that 14% of its corporate staff have been made redundant while 15% of the workforce at its port facility, Queensland Bulk Handling (QBH), would also be made redundant, while workers at the New Acland mine site awaited a decision on the next round of redundancies.

Six workers at Glencore's Kamoto Copper Company (KCC) mine in Democratic Republic of Congo's Lualaba province have tested positive for the coronavirus, KCC said on Tuesday. Glencore owns 75% of KCC through its Congo unit Katanga Mining, which it took private in April this year.

The Nova base metals project, in Western Australia has beaten its full year production guidance, owner Independence Group said on Wednesday. During the full year ended June, the mine produced 30 436 t of contained nickel, 13 772 to of contained copper and 1 142 t of contained cobalt, which was above the set guidance of between 27 000 t and 30 000 t of nickel, between 11 000 t and 12 500 t of copper and between 850 and 905 t of cobalt.

Uranium miner Energy Resources of Australia (Era) has reported a 10% decline in uranium oxide production from its Ranger mine, in the Northern Territory, for the quarter ended June. Era on Wednesday reported that 377 t of uranium oxide was produced in the June quarter, down 10% on the previous quarter, while production in the six months to June reached 798 t, down 15% on the previous corresponding period.

Junior Galena Mining has raised A$12-million through a share placement to fund exploration work at the Abra base metals project, in Western Australia. Galena has received binding commitments for the placement of 57.15-million new shares, at an issue price of 21c each, with the company’s largest shareholder, Timothy Roberts, subscribing for 11.15-million new shares to maintain his pro-rata shareholding at approximately 20%.