Новости за 07.04.2022

After two years, the African Mining Indaba will once again be held in-person at the Cape Town International Convention Centre, albeit in May, rather than its conventional February placing. This change of date will be a one off, with the change made to cater to Covid-19 restrictions to allow the event to once again be held in-person. The intention is for the Indaba to be held in February in 2023.

Rather than withholding investment, South Africa needed to ramp up investment in the fossil fuels sector – particularly coal – to stave off a prolonged energy crisis that started aleady in 2021, energy economist and German commodity trading company HMS Bergbau shareholder Dr Lars Schernikau said at the FFF Carbon’s Coal Conference 2022 held in Middelburg, Mpumalanga, on April 1. Globally, about 80% of primary energy is generated through fossil fuels – about 26% of that through coal, 31% through petroleum... Читать дальше...

Officials in the key Chinese coal mining hub of Ordos approved a massive mine that can produce 15-million tons annually and operate for nearly 97 years. The city’s natural resources bureau on April 2 gave a license to Lianhai Coal Industry to operate the Baijiahaizi mine, which covers about 170 square kilometers, contains 2.03-billion tons of coal reserves and has an estimated service life of 96.8 years, China Coal Resource reported.

Significant bottlenecks in mining approval processes, which range from the awarding of prospecting rights to water-use licences and environmental authorisations, were hampering the development of the mining industry, mining investment firm Menar MD Vuslat Bayoglu told delegates attending the Fossil Fuel Foundation Carbon’s Coal Conference 2022 held in Middelburg, Mpumalanga, on April 1. He admitted that the red tape in the delay of developing new projects was largely not the fault of the Department of Mineral Resources and Energy (DMRE).

Aim-listed Central Asia Metals recorded a strong first-quarter performance and is on track to meet its full-year production guidance for both the Kounrad dump leach, solvent extraction and electrowinning (SX-EW) copper recovery plant, in Kazakhstan, and the Sasa zinc/lead mine in North Macedonia, CEO Nigel Robinson says in an operations updates for the period. The company expects to produce 12 500 t to 13 500 t of copper for the full-year, while zinc-in-concentrate output is expected to reach 20... Читать дальше...

Canada-headquartered Kainantu Resources has unpacked the rationale behind its acquisition of Harmony Gold Mining’s Kili Tele gold/copper project, in Papua New Guinea. The company will acquire the project from Harmony’s subsidiary, Harmony Gold Exploration, for $1-million.

ASX- and TSX-listed copper developer Hot Chili will start share trading on the US-based OTCQX market on April 7, under the ticker HHLKF. Hot Chili told shareholders on Thursday that the listing on the OTCQX would allow trading of the company’s securities in the local time zone for US investors, would appeal to investors and brokers who prefer securities that trade and settle during US trading hours.

New analysis undertaken on behalf of the Minerals Council of Australia (MCA) has revealed that mining companies generated A$1-billion in value to the Victorian economy in 2020-21 while supporting thousands of jobs and businesses across the state. Victoria’s mines directly injected A$510-million into the state economy in 2020-21 by supporting high wage regional jobs and buying more than half their supplies from local business through some A$152-million spent in wages and salaries, A$307-million spent... Читать дальше...

Potash developer BCI Minerals has flagged cost increases at its Mardie salt and potash project, in the Pilbara, days after starting construction. BCI, which broke ground on March 25 at Mardie, on Thursday said that the company expected the current inflationary pressures on construction inputs such as fuel, labour, transport, and equipment would lead to increased capital cost for particularly the civil component of the project.

Nickel developer Poseidon Nickel has shortlisted a number of potential partners for its Mt Windarra gold tailings operation, in Western Australia. MD and CEO Peter Harold told delegates at Paydirt’s Battery Minerals conference, in Perth, that advisor Argonaut was currently undertaking the partnering process for the gold projects, having received indicative offers and undertaking due diligence.

The Western Australian government is hoping to attract investors to its planned precursor cathode active materials (pCAM) hub, in Kwinana, with Minister for Mines, Petroleum and Energy, Bill Johnston lauding the benefits of investing in the state. Speaking at the second day of Paydirt’s Battery Minerals conference, in Perth, Johnston said that the government was currently in discussions with a range of global manufacturers in the pCam space through the Minerals Research Institute of Western Australia.

Diversified miner BHP joined a consortium, led by the Global Maritime Forum, in signing a letter of intent to assess the development of an iron-ore Green Corridor between Australia and East Asia. The consortium also includes fellow major Rio Tinto, Oldendorff Carriers and Star Bulk Carriers Corp.