Новости за 25.05.2022

The Minerals Council South Africa has re-elected Kumba Iron Ore CEO Themba Mkhwanazi, Harmony Gold CEO Peter Steenkamp and Northam Platinum CEO Paul Dunne to serve as VPs for another year. The council hosted its 132nd annual general meeting (AGM) on May 25, reporting that mineral export sales totalled R841-billion in 2021.

Minister of Mineral Resources and Energy, Gwede Mantashe, has warned that a growing tendency by mining executives to "insult the state" is detrimental to the resources sector. "We have observed a growing temptation to insult the state by strong and powerful mining executives.

This week: Sheila Khama says critical mineral demand of order of magnitude never seen; Law firm drawing on giga-scale hydrogen project experience to derisk new ventures; and, things looking interesting for platinum despite surplus

Prices of copper and most other industrial metals fell on Wednesday on concerns that slowing economic growth and Covid-19 lockdowns in top consumer China would depress demand. Benchmark copper on the London Metal Exchange (LME) was down 1.5% at $9 310 a tonne at 11:28 GMT.

Rio Tinto's QIT Madagascar Minerals (QMM) mineral sands mine restarted production on Monday following a five-day halt, after reaching an agreement with demonstrators who had set up roadblocks at the site, Rio told Reuters on Tuesday. Communities surrounding QMM's mine in southeastern Madagascar have been protesting over a release of water from the mine site into the surrounding environment, after which dead fish were found.

The proof-of-concept of the platinum group metals-boosted advanced alkaline electrolyser – the AAE ­– has been successfully completed by Hydrox Holdings of Randburg in a pioneering achievement that offers the potential for South Africa to enter the fray as world demand for hydrogen electrolysers goes through the roof. “The future of green hydrogen looks great and we intend to play a leading role in this,” an upbeat Hydrox CEO Corrie de Jager enthused to Mining Weekly. (Also watch attached Creamer... Читать дальше...

Extraction of raw materials will not meet soaring battery demand unless capital markets change course in the face of environmental, social and governance pressures and invest heavily in new mines, says business data and analytics company GlobalData in its 'Batteries – Thematic Research' report. The battery industry is set to be one of the most significant over the next ten years and GlobalData forecasts that revenues will exceed $168-billion by 2030, up from $55-billion in 2020.

At a lavish lunch this month in Buenos Aires, 400 mining executives and government officials gathered to toast Argentina’s natural resource riches amid the kind of corporate giddiness not seen since the country’s first attempt to develop its shale oil resources a decade ago. The attraction for investors this time around is Argentina’s lithium. There’s a looming shortage of the rare metal, a key raw material in the batteries used in electric vehicles. Elon Musk signaled Tesla might get involved in mining to secure supplies. Читать дальше...

Dual-listed chrome and platinum group metals miner Tharisa has confirmed it will release its interim results on May 26. The company expects to report a 50% year-on-year increase in earnings a share for the six months ended March 31 at between $0.32 and $.33.

Dual-listed Hudbay Minerals has received a favourable decision form the US District Court for Arizona relating to its Copper World project. The court ruled in favour of Hudbay on all issues, including that Copper World and Rosemont are not connected under the National Environmental Policy Act (NEPA) and, therefore, that the Army Corps of Engineers (ACOE) does not have an obligation to include Copper World as part of its NEPA review of Rosemont.

The bodies of four miners out of eight that had been missing have been found at a zinc mine in Burkina Faso owned by Trevali Mining Corp that flooded on April 16, the government said in a statement on Wednesday.

Minerals explorer Bryah Resources has reported a 15% increase in the indicated and inferred base metal mineral resource estimate at the Australian Vanadium project, which is located within the company’s Gabanintha project, in Western Australia. Fellow-listed Australian Vanadium holds the mineral rights over the vanadium, titanium, iron and cobalt at the project, and also holds a 4.8% shareholding in Bryah.

State-run Coal India will open this year what is expected to become one of the country's biggest coal mines, officials said, as India struggles to keep pace with surging power demand. Output from the new Siarmal mine in eastern Odisha state would rise gradually, reaching capacity of 50-million tonnes in about five to seven years, Vinayak Jamwal, spokesman for Coal India unit Mahanadi Coalfields (MCL), told Reuters.

The leader of a Peruvian indigenous community, whose protest led MMG's Las Bambas copper mine to suspend operations over a month ago, said on Tuesday that "progress" has been made toward a solution to the crisis. "We are moving forward thinking about the country at large, for the good of the mining project that is currently shut down," Edison Vargas, the leader of the Fuerabamba community told reporters, following a meeting with President Pedro Castillo in Lima.

Billionaire Robert Friedland is joining efforts to help America reduce its dependence on China for supplies of critical minerals like copper that are used in everything from batteries to electric cars. Ivanhoe Electric is seeking a listing on the NYSE American and Toronto stock exchanges under the ticker symbol IE, according to a regulatory filing Tuesday. The company has interests in mines producing copper, gold and silver and it owns a battery-based energy storage business. Friedland is its chief executive officer.

Diversified mining and marketing company Glencore on Wednesday announced the settlement of most of its bribery and market manipulation investigations. This follows almost four years of investigations and a serious environmental social and governance (ESG) overhang over the group,