Новости за 05.10.2020

Brazilian Vice President Hamilton Mourao defended mining on indigenous reservations on Monday, saying the constitution allowed for that though regulations are needed to ensure miners pay taxes to the government and royalties to the tribes. Mourao said in a radio interview with Grupo Estado that Brazil should map the resources of the Amazon rainforest by allowing exploration in order to draw private investment. But he said regulation was necessary to set environmental rules. The vice president said... Читать дальше...

Aim-listed BlueRock Diamonds has issued 21 935 ordinary shares at a price of 54.4p a share, to part satisfy the payment of interest and repayment premium, in accordance with the original loan agreement between former BlueRock CEO Adam Waugh and the company. The capital amount outstanding on the loan is now £49 000.

RB1 spot prices played catch-up as the October rollover took place, although the back end of the curve is distinctly flatter than before, indicating the lack of conviction around future prices. While the coal price seems almost immune to the prevailing negative sentiment, the Trafigura (a significant trading house) CEO Jeremy Weir said last week that it intends to also make a “managed transition” out of coal in the next few years.

JSE-listed Hwange Colliery Company says it performance continues to improve, albeit at a slower pace than initially expected. Reporting on its results for the six months ended June 30, it says the improvement in its performance was achieved despite the economic environment continuing to be challenging, as well as the impacts of the pandemic.

The US government has taken an equity stake in a battery-metals company in a move that undercuts dependence on China for a key material used in electric vehicles. TechMet received a $25-million investment from the US International Development Finance Corporation to help develop a Brazilian nickel and cobalt mine, the Dublin-based company said Monday in a statement. Cobalt is an important ingredient in cathodes of most electric-vehicle batteries and its refining capacity is largely under China’s control. Читать дальше...

After successfully increasing gold output both throughout the quarter and nine months ended September 30, Aim- and NYSE-listed Caledonia Mining has increased its guidance for the full-year to between 55 000 oz and 58 000 oz. The guidance was previously set at between 53 000 oz and 56 000 oz.

Indonesia's government is in early discussions with electric vehicles (EV) maker Tesla Inc about a potential investment in the Southeast Asia country, a major producer of nickel, an official said. Indonesia is keen to develop a full supply chain for nickel at home, especially for extracting battery chemicals, making batteries and eventually building EVs. It has stopped exports of unprocessed nickel ore to support investment in its domestic industries. Ayodhia Kalake, a senior official at the Coordinating Ministry for Maritime and Investment... Читать дальше...

Base metals miner Central Asia Metals Limited (CAML) has received approval to restart operations at its Sasa mine, in North Macedonia, following a recent leakage at the tailings storage facility, or TSF4. Processing restarted late on Friday. The plant will initially operate at a 50% capacity before ramping up to full production in about a week’s time. CEO Nigel Robinson said that the company should be able to meet its original 2020 guidance for zinc and lead in concentrate production.

Brazilian miner Vale has restarted its Viga concentration plant, in Minas Gerais, after a judge on Thursday lifted an order that had suspended operations at the plant. Operations were halted for six days, while the company addressed issues relating to its operating permit.

Coal miner New Hope has called on the Queensland government to ‘immediately approve’ expansion plans at the New Acland coal mine, after the A$1-billion Olive Downs coal mine was given leave to develop. New Hope Group COO Andrew Boyd said the recent approval of the Olive Downs mine west of Mackay was surprising.

ASX-listed Los Cerros has formalised an agreement with the Colombian arm of gold miner AngloGold Ashanti to gain full ownership of the Chuscal joint venture. The deal was initially agreed upon in April, and would see AngloGold become a 4.3% shareholder of Los Cerros, with the right to increase this stake to 10%, while Los Cerros took 100% of the Cuscal project. Los Cerros would now issue more than 10.47-million shares to AngloGold and 15.4-million options, at an exercise price of 16c each, and... Читать дальше...

The UK's first new deep coal mine in three decades was approved on Friday, despite a government law to cut greenhouse gas emissions to net zero by mid-century. A meeting of Cumbria County Council in the northwest of England voted by 12 votes to three in favor of the Woodhouse Colliery, which will extract as much as 3.1-million tons of metallurgical coal each year to use in steelmaking. West Cumbria Mining Ltd., the company behind the project, is due to start production in the second half of 2021 and says it will create 500 jobs. Читать дальше...

Negotiations between Canada's Lundin Mining and the union at its Candelaria copper mine in Chile are making slow progress in their bid to avoid a strike at the deposit, the head of the mine's union told Reuters on Saturday. Canada's Lundin Mining requested government mediation late last month in a last-ditch effort to stave off a strike by one of its unions after failing to reach a contract deal. The mine's union of 350 members had rejected the company's latest offer on September 28, leaving negotiations at a stand-still.

Colombia's mining future is in metals and not coal, Minister of Mines and Energy Diego Mesa said, and the Andean country will continue developing oil and gas projects, including non-conventional deposits. The coal sector's problems have accelerated during the coronavirus pandemic, Mesa told Reuters in an interview late on Thursday, forcing the world's fifth-largest coal exporter to weigh how to quickly broaden its mining industry. "Metals are the big opportunity for Colombia because they're the minerals with the greatest demand," Mesa said. Читать дальше...

Brazilian miner Vale is in talks with Tesla and others in the electric vehicle (EV) supply chain about securing nickel from its Canadian operations, the head of the miner's base metals unit said on Friday. Tesla did not immediately respond to a request for comment. Tesla CEO Elon Musk in July urged miners to produce more nickel, a key ingredient in the batteries that power the company's electric cars. Musk offered a "giant contract" if supplies could be produced in an environmentally sensitive way. Читать дальше...