Новости за 15.02.2022

Canadian mining group Teck Resources on Tuesday announced the pilot of a fully electric on-highway transport truck to haul copper concentrate, marking what it says is the first use of a battery-electric truck to haul copper concentrate worldwide. The truck would travel between Teck’s Highland Valley Copper Operations (HVC) in south-central British Columbia and a rail loading facility in Ashcroft, British Columbia.

International organisation the International Council on Mining and Metals (ICMM) has published training material based on the ICMM Tailings Management: Good Practice Guide, designed to be used by tailings professionals to educate wider site-based staff and executives to improve awareness of the importance of integrated tailings management at the site level across sustainability disciplines. The training material aims to build capacity across the industry by providing a practical, interactive resource... Читать дальше...

Copper prices ticked higher on Tuesday after Russia returned some troops to base after exercises near Ukraine, easing fears about a potential invasion and boosting financial markets. Three-month copper CMCU3 on the London Metal Exchange (LME) rose 0.7% to $9 985 a tonne by 11:15 GMT after a 0.6% gain the previous day.

China's energy administration has approved a new coal mine project with an estimated cost of 4.8-billion yuan ($756-million) in the northern province of Shaanxi, it said on Tuesday. The mine will have annual production capacity of three-million tonnes, the administration said.

TSX- and NYSE American-listed PolyMet Mining has entered into a subscription agreement for the issuance of unsecured convertible debentures of up to $40-million with commodities major Glencore. The funds would provide the company with the resources needed to work through remaining litigation and advance its NorthMet copper/nickel/precious metals project, in Minnesota, chairperson, president and CEO Jon Cherry said on Monday.

Vale dropped its $1.2-billion London court battle with Beny Steinmetz and five of his associates less than half way through a planned 11-week trial into alleged bribery, according to the Israeli tycoon’s media team. The mining giant backed out after its lawyer told the High Court on Monday that its claim was brought out of time, said Bobby Morse, a partner at communications firm Buchanan, which is representing Steinmetz and the other defendants.

JSE-listed coal miner Wescoal has confirmed that an investigation into alleged mismanagement at the Arnot Opco operation, in which it has a 50% indirect interest, is under way. The company refers to an article published by a weekly newspaper on February 13 that made several claims and allegations involving key executives and employees of Arnot Opco.

MMG plans to ramp up production to normal levels at its Las Bambas copper mine in Peru after a group of local communities agreed to a 45-day truce with the government, the Australia-based miner said on Tuesday. Las Bambas, a massive Chinese-owned mine that supplies 2% of global copper, has been a flashpoint of protests and road blockades since it started functioning in 2016, in the world's No. 2 copper producing country.

ASX-listed Lotus Resources has reported a 23% increase in the mineral resource estimate of the Kayelekera uranium project, in Malawi. The project is now estimated to host some 46.3-million pounds of uranium, at 500 parts per million (ppm) uranium oxide (U3O8). Measured and indicated resources now account for some 81% of the total mineral resource estimate.

ASX-listed Mincor Resources has delivered a maiden parcel of high-grade nickel ore from its Northern operations at the Kambalda nickel project, to diversified miner BHP’s Nickel West Kambalda nickel concentrator. The company on Tuesday said that this marked a key milestone towards the resumption of production from the Kambalda operations.

Diversified miner BHP has reported a 50% increase in profit for the half-year ended December, amid higher commodity prices, but has warned of cost increases in the near future. Profit from operations for the half-year reached $14.8-billion, while underlying earnings before interest, taxes, depreciation and amortisation reached $18.5-billion, up 33% on the previous corresponding period, at a margin of 64%.

Mining giant BHP is keeping an eye on the cost of iron-ore production as competition emerges from West Africa. Iron-ore prices declined in the first half of 2022 as China’s steel production curbs took hold, while seaborne supply improved.