Новости за 24.07.2020

The US Army Corps of Engineers (USACE) on July 24 released the final environmental-impact statement (EIS) for TSX- and NYSE-listed minerals exploration and development company Northern Dynasty Minerals’ Pebble copper/gold/molybdenum project in southwest Alaska. In its role as lead federal regulator, the USACE’s EIS is more than 2 000 pages, and is the culmination of a 30-month long, intensive review process under the National Environmental Policy Act.

LSE- and TSX-listed natural resources royalty and streaming company Anglo Pacific Group expects the second half of the year to be stronger than the first half, as demand gradually recovers, driving improved commodity pricing.

All shipments of equipment for Aim-listed gold and polymetals miner Vast Resources’ Baita Plai polymetallic mine, in Romania, have arrived on site. This sixth, and last shipment, contains slurry pumps for the project, and followed the shipment of underground loaders, pneumatic loaders, ceramic filters and hydro cyclones.

Botswana-based coal miner Minergy, which owns and operates the Masama coal mine in the Mmamabula coalfield, exported its first coal by rail to South Africa on July 17. The coal was loaded onto trucks and transported 60 km to the rail siding at Tshele Hills, where the first of three trains – bound for an industrial client in the cement sector in South Africa – set off.

In this week's Second Take, Mining Weekly Editor Martin Creamer unpacks the factors influencing the gold price, the high-grade gold vein at Pan African’s New Consort mine in Barberton and South32’s Metalloys smelter being placed under temporary care and maintenance.

The US Bureau of Land Management has inked a Record of Decision (RoD) for the Ambler Mining District Industrial Access Project, approving the development of the northern route to provide access to the Ambler mining district. ASX-listed South32 and TSX and NYSE-listed joint venture (JV) partner Trilogy Metals on Friday said that the permitting of the proposed Ambler access road was a significant milestone, and that the road would unlock the economic potential of the region by allowing greater access... Читать дальше...

A proxy advisory firm for financial institutions such as hedge funds is taking issue with one of the world’s top copper producers for its lack of gender diversity in the board room. Institutional Shareholder Services is recommending that shareholders withhold their support from the entire board of Southern Copper Corp at its annual general meeting Friday.

TSX-listed precious metals miner Yamana Gold is increasing its yearly dividend by a further 12% to $0.07. This is the fourth dividend increase in the past year and represents a cumulative increase of 250%.

The National Cabinet on Friday agreed to move to single-touch environmental approvals underpinned by national environmental standards for Commonwealth environmental matters. Prime Minister Scott Morrison said the government was also hoping to cut excessive waiting time for project approvals, with the Commonwealth approvals time for major projects targeted to be cut by some 50% from an average three-and-a-half years to just 21 months.

Freeport McMoRan on Thursday said it swung to a second-quarter profit as the world's largest publicly traded copper producer slashed costs to stem the fallout from the coronavirus pandemic. Shares fell about 1.3% to $13.44 in afternoon trading.

The Trump administration on Thursday moved to streamline water rules on uranium mining, in a move environmentalists said allows the Environmental Protection Agency to give up authority on regulating water pollution. EPA Administrator Andrew Wheeler signed an initial agreement, or memorandum of understanding, with US Nuclear Regulatory Commission chairperson Kristine Svinicki that they said would improve coordination in the regulation of in-situ mining of uranium.

Gold traded near $1 900 an ounce, edging closer to its all-time high set almost nine years ago, as concerns about global growth buoyed haven demand. Increasing signs that the prolonged coronavirus pandemic is stalling an economic recovery and the recent surge in tensions between the US and China are underpinning demand for the metal. Bullion is heading for a seventh weekly gain, the longest stretch since 2011, while silver is poised for its biggest weekly advance in about four decades.

Global miner Anglo American’s iron-ore company Kumba Iron Ore has ramped up its readiness to respond to the expected increase in Covid-19 cases among its employees and host communities.

Diversified miner Rio Tinto's destruction of a 46 000-year-old sacred Aboriginal site in the Juukan Gorge in the Pilbara – which occurred in last month following a misunderstanding during the extension of the Brockman 4 iron-ore mine – demonstrates the adverse environmental and cultural impact that mining can produce, says mining service specialist company Ukwazi Mining tells Mining Weekly. Ukwazi MD Jaco Lotheringen and business development manager Spencer Eckstein note these incidents, as well as environmental disasters... Читать дальше...