Новости за 01.06.2022

The June 1 launch of the JSE’s new Cutting Red Tape initiative to make listing on the JSE considerably easier, faster and more sustainable is twinning with JSE’s other private placements inventiveness that provides for the raising of capital in the private market for minerals exploration and the start up of new mines. JSE head of origination and deals Sam Mokorosi highlighted these two far-reaching advances at the exploration-focused 2022 Junior Indaba, which heard that the Toronto Stock Exchange... Читать дальше...

Aim-listed BlueRock Diamonds reports that above-average rainfall in the first five months of the year at its Kareevlei diamond mine, near Kimberley, in the Northern Cape, had significantly impeded mining development and processing. During the period, Kareevlei experienced nearly double its normal annual rainfall with a total of 561 mm, while May's rainfall, in particular, was three times above the long-term average.

Not-for-profit women in mining empowerment organisation International Women in Mining (IWiM) has launched International Day of Women in Mining on June 15 to acknowledge and celebrate past, present and future women in mining. The International Day of Women in Mining is intended to raise awareness of the achievements reached so far, as well as the work that lies ahead to reach gender equality in the mining sector.

Global copper supply will outpace demand over the next two years, helped by several upcoming large mine projects, RBC Capital Markets analysts said on Wednesday. The brokerage in a note said it expects the industrial metal's price to be at $4.32 per pound in 2022, and then drop to $3.75 in 2023 and 2024 on a "small" surplus in the market. Large untapped copper mining projects like Quellaveco in Peru, Timok in Serbia and Quebrada Blanca Phase 2 in Chile are set to begin production in mid-2022 and in early 2023, normalizing demand growth.

Coal and ferroalloys producer Glencore South Africa (Glencore SA) has assured stakeholders that none of Glencore’s South African operations or employees are under investigation for misconduct. This follows parent company Switzerland-headquartered Glencore last week pleading guilty to bribery and, in some instances, market manipulation, in the US, the UK and Brazil, and agreeing to pay a $1.2-billion fine.

The Ecuador government has approved the environmental and social impact assessment (ESIA) for the Curipamba-El Domo project, paving the way for the citizen participation process, final environmental licence issuance and formal construction decision in the second half of the year. The ESIA technical approval is the culmination of about $5-million of expenditures that funded a multi-year programme of environmental and community work, says Adventus Mining CEO Christian Kargl-Simard.

ASX-listed Newfield Resources has resumed mining at its Tongo diamond mine, in Sierra Leone, following a fatality in May. The company in May reported a fall of ground incident in an underground development heading at Tongo, with Newfield suspending all mining operations at the mine allowing for an investigation into the incident.

Junior Challenger Exploration has reported a 2.1-million ounce resource at its flagship Hualilan old project, in Argentina. The mineral resource estimate was based on 125 700 m of drilling from a 204 000 m diamond core drill programme, and Challenger told shareholders on Wednesday that the resource will be updated on the completion of the drill programme.

Dual-listed Equinox Gold has received approval for the tailings storage facility (TSF) raise at its RDM mine, in Brazil, with the contractor set to start work in early June. The company previously suspended operations at the RDM mine, pending regulatory approvals for the TSF raise. Equinox said it would resume full operations by mid-July.

Newly minted Nordic Nickel has started share trading on the ASX, following a A$12-million initial public offering (IPO). The company issued some 115.2-million shares during its IPO, at a price of 25c each.

A fire broke out on Tuesday in Peru's massive Las Bambas copper mine, a source told Reuters, amid clashes between police and an indigenous community that has occupied space there for more than a month. MMG's mine, which accounts for about 2% of global supply, had to suspend operations last month after two neighboring communities settled in it, pressing accusations of unfulfilled commitments.

This week: Platinum-boosted South African hydrogen electrolyser leaps ahead, and, South Africa must reform its regulatory environment, make itself investor-friendly

The board of ASX- and OTCQX-listed Boss Energy has pulled the trigger on the A$113-million capital spend required for the development of the Honeymoon uranium project, in South Australia. The decision meant that Boss will now accelerate construction, ensuring Honeymoon remains on track for first production in the December quarter of 2023, ramping up to a steady-state rate of 2.45-million pounds of uranium oxide (U3O8) a year.

Diversified miner South32 has completed the acquisition of an additional 16.6% shareholding and related rights in Mozal Aluminium from Mitsubishi’s MCA Metal for a final cash consideration of some $200-million.

The merger between oil and gas major Woodside Energy Group and diversified miner BHP’s petroleum assets have been completed. Woodside has acquired the entire share capital of BHP Petroleum International (BHPP) and issued more than 914.7-million new Woodside shares to BHP, which BHP will distribute to its eligible shareholders.