Новости за 04.08.2020

Even before Covid-19 hit South African shores, the mining industry was already in a structural decline and, without significant intervention to alter this trajectory, the sector's output, employment and economic contribution will continue to decline. Business for South Africa (B4SA) risk work group head and former Anglo American South Africa deputy chairperson Norman Mbazima says that between 2010 and 2018, the South African mining industry’s real output value in dollar terms decreased by 10%,... Читать дальше...

Midtier copper miner Taseko Mines expects to tick a major permitting box for its Florence Copper project, in the US, this week. The company says it has been informed that the Arizona Department of Environmental Quality (ADEQ) will issue the draft aquifer protection permit (APP) for the Florence commercial production facility on Thursday.

Democratic Republic of Congo is suspending the value-added tax (VAT) exemption on imports by mining companies in an effort to bolster state revenue, the budget minister said. Jean-Baudouin Mayo told the finance minister to implement the government's decision to suspend the exemption after cabinet agreed the move last week, according to a letter dated July 31 and seen by Reuters on Tuesday, Congo, Africa's top copper producer, had exempted mining companies from paying VAT on imports since 2016 to help them during a commodity price downturn.

North Korea is jump-starting the illegal export of coal after shutting down almost all shipments during the first few months of the year while it sought to block the spread of the coronavirus, according to a confidential United Nations report. Although activity came to a near-halt between January and March, shipments of coal have resumed. Imports of goods and commodities by road and freight have also restarted, though not at pre-pandemic levels, a panel monitoring the enforcement of sanctions on... Читать дальше...

Perth-based Castillo Copper is expected to start share trading on the London Stock Exchange on August 4. As part of its dual listing process, the ASX-listed base metals explorer is placing more than 79.11-million ordinary shares, along with unlisted attached options on a one-for-one basis to raise A$2.4-million before coasts, at a price of 3.2c each with UK investors.

Aim-listed Edenville has confirmed that operations at the Rukwa coal project in southwest Tanzania restarted on August 3, as planned. The company notes that the mine area suffered minimal damage from the protracted rainy season, which came to an end while the mine was closed as a result of the Covid-19 pandemic.

Aim-listed African phosphate explorer and developer Kropz has appointed Mark Summers CEO with effect from August 4. He had been serving as interim CEO since February 26.

A contractor has died at the Limon mine, Nicaragua, TSX-listed Calibre Mining said on Monday. The employee of the mining contractor was fatally injured in a vehicle accident on Friday night. After an immediate suspension of openpit mining operations on Friday night, the company resumed operations Sunday morning with the approval of the relevant authorities following their review and investigation.

Canada-based developer IVN Metals continues to believe that it will start development of its Loma Larga gold/copper mine in Ecuador next year, despite a new anti-mining referendum request emerging. On August 3, the Prefect of Azuay submitted a request regarding mining activities in the Canton of Cueana – where Loma Larga is located – for consideration to the Constitutional Court. This is the third such request by an individual to stop mining through a referendum, with the court having denied the previous applications.