Новости за 14.04.2022

Mining production contracted by a steep 6% year-on-year in February following an upwardly revised acceleration of 1.7% in January. This is the largest contraction recorded since January 2021, when production fell by 7.8%.

Diversified mining company Anglo American is positioning itself as a favoured iron-ore supplier to green steel producers. The London- and Johannesburg-listed company is doing so against the background of half of its Scope 3 emissions relating to its iron-ore business.

Coal miners Thungela Resources and Exxaro Resources have reported in separate statements that they remain in discussions with Transnet, through its Transnet Freight Rail (TFR) division, regarding the contractual terms of long-term coal transportation agreements. TFR on April 8 notified coal export parties (CEPs) with which it has long-term coal transportation agreements that the factors previously communicated to the market regarding its inability to perform services at its stated system capacity ... Читать дальше...

Canada-headquartered Barrick Gold produced one-million ounces of gold and 101-million pounds of copper in the first quarter of the year, in line with its previously announced guidance. The miner stated on Thursday that gold production, which was lower than the preceding quarter’s, would increase through the year, while copper production would be higher in the second half of the year. “We remain on track to achieve our full year gold and copper guidance,” Barrick said.

Diversified miner Exxaro Resources and the Gordon Institute of Business Science (GIBS) Entrepreneurship Development Academy (EDA) on April 12 held the graduation ceremony for the first cohort of Contractor Development Programme participants. In November 2020, Exxaro launched the Contractor Development Programme in partnership with the GIBS EDA.

Jubilant Speckman has resigned as CFO and executive director of Salungano Group – previously known as Wescoal – for personal reasons. She will leave the company within the next six months and has committed to helping the board of directors with an orderly handover of her duties.

The Public Investment Corporation (PIC) has again increased its holdings in JSE-listed Thungela Resources to 11.22%. This follows less than a week after having increased in shareholding in Thungela to 9.925% on April 8, from 8.033% previously.

Nickel/copper explorer Talon Metals has purchased new drill rights and hired more people to step up its exploration efforts for battery minerals  in Minnesota. The TSX-listed company bought three new Boart Longyear drill rigs, taking its in-house drilling fleet to six rights. The new rigs will be focused on exploring outside the main resource area, where numerous intercepts of high-grade nickel/copper mineralisation have been discovered.

Rio Tinto, one of the largest Australian mining companies, on Thursday confirmed its exit from the state mining lobby group after raising concerns that its policy on expansion of coal mines did not align with the Paris Climate Agreement. Global firms have been looking to appease regulators and shareholders by aiming for higher emission cuts across their operations to align with the Paris deal.

NYSE- and TSX-listed Energy Fuels last week made three commercial shipments of critical mineral products, including uranium, vanadium and rare-earth elements (REE). The three shipments of advanced materials contained from the White Mesa mill, in Utah, shipped a total of 15 critical elements, including the rare earth elements cerium, praseodymium, neodymium, samarium, europium, gadolinium, dysprosium, terbium, holmium, yttrium, erbium, thulium, ytterbium, and lutetium, along with uranium and vanadium to downstream facilities.

Minerals explorer Latin Resources will raise A$35-million in a share placement to accelerate work at its lithium project in Brazil. The company on Thursday announced plans to place some 253.6-million shares, at a price of 16c each under its existing placement capacity. One new option would also be attached to every two shares, with an exercise price of 22c each, and a five-year expiry date.