Новости за 05.01.2022

BHP said it will adapt its Cerro Colorado copper mine in Chile to lessen the impact of a recent court ruling that prevents it from drawing water for its operations, while it waits for the decision to be reconsidered. BHP said last week it had approval from a committee to keep operating the mine, whose environmental licence runs until the end of 2023, but it was still awaiting a decision from the First Environmental Court of Chile's northern city of Antofagasta.

Glencore’s former head of copper marketing, Nico Paraskevas, joined Open Mineral as a senior adviser after investing in the digital metals trading startup. Paraskevas, who left Glencore during a leadership reshuffle early last year, is joining the company alongside Kareem Barbir, formerly head of metals concentrates trading at Concord Resources, an Open Mineral spokeswoman said in a statement. She confirmed that Paraskevas -- who had been one of the leading candidates to run Glencore before Gary... Читать дальше...

Credit risk and market research organisation Fitch Solutions retains its bearish outlook for copper prices this year, as fundamentals are expected to weaken in the coming months. It expects average copper prices to moderate from $9 285/t in 2021 to $9 200/t this year and to $8 700/t in 2023, before further tapering to $8 400/t in 2025.

TSX-V-listed Adventus Mining Corporation now owns 75% of the Curipamba copper/gold project, in Ecuador. This follows earn-in completions for Salazar Resources and the companies will now manage their respective rights and obligations of the incorporated joint venture company that controls and owns the project.

Lithium-ion battery waste recycling and upcycling company American Manganese has received additional advisory services and funding support from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support its ‘Demonstration of Continuous Recycling of Cathode Material from Lithium-ion Battery Production Scrap’ research and development project, which started in August 2021. "The amendment expands existing support American Manganese is receiving from NRC IRAP... Читать дальше...

An electrical infrastructure capital expenditure report, conducted by OneLine Engineering, has confirmed the positive economics of chromite project operator KWG Resources’ proposed electrification plan within the Ring of Fire, in Ontario The study determined that electrification of the Marten Falls, Webequie, Eabematoong, Neskantaga and Nibinamik First Nations was economically feasible.

TSX-V-listed copper/zinc/gold/silver exploration and development company Foran Mining has appointed David Bernier as COO, effective immediately. Bernier has more than 25 years of deep operational experience gained from a series of progressively senior roles across mine design, project development and production management at various operations in Canada.

TSX-V-listed enCore Energy has acquired all of the outstanding shares of uranium development company Azarga Uranium Corporation on the basis of 0.375 common shares of Encore for each Azarga share. The deal consolidates an industry-leading pipeline of exploration and development-stage in-situ recovery (ISR) projects, including two production licences and resources of about 90-million pounds of uranium oxide in the measured and indicated categories.

Aim-listed diamond producer BlueRock Diamonds has appointed Meiring Burger as CEO of its subsidiary Kareevlei Mining. He will take over from outgoing Kareevlei Mining CEO Gus Simbanegavi, who is also BlueRock COO.

ASX- and TSX-listed RTG Mining has welcomed an announcement by the Philippines Department of Environment and Natural Resources (DENR) that the four-year ban on openpit copper, gold, silver and complex ore mining would be lifted. RTG said in a statement this week that the lifting of the ban, according to the DENR order, was meant to revitalize the mining industry in the region, and provide ‘significant economic benefits’ to the country, while also increasing employment opportunities in rural areas.

France is considering a plan to allow electricity producers to burn more coal after the nation’s grid operator warned of possible power shortages. The government may raise the annual cap on running coal-fired power stations, plugging a potential gap in supply as an unusually high number of nuclear reactors halt for maintenance just as the coldest months get under way.

Chilean lawmakers went to court on Tuesday to stop the outgoing government from taking bids for lithium mining contracts, with SQM and Albemarle , the world's two largest producers of the ultra-light battery metal, in the running. Lawmakers from the center-left opposition party PPD asked the Santiago Court of Appeals to stop the surprise bidding process, which will end in mid-January.

Gold struggled for momentum on Wednesday, as market participants weighed prospects of early interest rate increases from the US Federal Reserve against rising Covid-19 cases. Spot gold was flat at $1 814.58 per ounce by 0436 GMT. US gold futures were also unchanged at $1 815.40.

Canada's Nutrien, the world's biggest fertiliser producer by capacity, surprised investors by replacing its chief executive on Tuesday for the second time in eight months, even as the company rakes in strong profits. Nutrien said in a statement that it named Ken Seitz, the head of its potash business, as interim chief executive after Mayo Schmidt stepped down as CEO. The company gave no reason for Schmidt's departure and spokesperson Megan Fielding said there are "legal constraints" on what Nutrien can say about it.