Новости за 03.06.2022

Given the rate of population growth, a 10% penetration of electric vehicles (EVs) into the automotive market by 2030 would require the mining industry to produce about ten times more metals than what it currently produces, Rainbow Rare Earths CEO George Bennett has said. “Most people don't realise that the production of EVs requires two to three times more metal than a normal petrol and diesel car,” he explained, adding that the meeting of 2050 emissions targets and COP26 plans to transition away... Читать дальше...

South Africa can achieve 5% of global exploration spend if government were to “cut the red tape” that is hurting the mining and exploration industry more than it is helping it, diversified metals explorer Orion Minerals CEO Errol Smart told delegates at the Junior Indaba this week. “The bureaucracy that's been killing us for the last 20 years and squeezing the life out of our industry has to be consigned to the museum and to the archives,” he said, emphasising that this change had to happen now, not later... Читать дальше...

South Africa’s public markets are no longer fit for purpose in a resource-rich economy, said AmaranthCX director Paul Miller, unpacking the state of public markets in South Africa at the Junior Indaba, held on June 1 and 2. “South Africa has a hidden superpower. It has 85% of all pension fund savings in Africa and the nineteenth largest public equity market globally – while only ranking thirty-second in terms of economy size.

TSX-V-listed Giyani Metals Corporation has completed a reverse circulation infill drill programme at the K.Hill Extension deposit, in Botswana, for a total 4 561 m. The company aims to upgrade the current 3.1-million tonnes of inferred resources into indicated resources.

Junior Kapore Metals will raise A$3-million to fund exploration and development of its Agadez uranium project, in Niger. The ASX-listed company on Friday announced that it had received firm commitments for the placement of 90.9-million shares, priced at 3.3c a share. More than 83.5-million of the shares will be placed under Kapore’s existing placement capacity, while the placement of the remaining 1.5-million shares will be subject to shareholder approval.

US-based metallurgical coal producer Corsa Coal reported on Thursday that it taken steps to improve productivity and retain qualified employees to help coal production recover in the coming months. The miner stated that second quarter sales tons should increase over the first quarter and return to historical levels, but that its sales realisation would be similar to the first quarter, as the company continued to fulfil previously committed fixed priced orders.

South Africa-based Gold Fields’ $6.7-billion acquisition of Yamana Gold will enhance its credit quality as the combined group will benefit from a bigger scale and broader geographic diversification without any new debt being raised, says credit ratings agency Moody’s. The acquisition of its peer will enlarge Gold Fields’ production footprint from nine gold-producing assets to 14 across eight countries.  Yamana has mines in Canada, Argentina, Chile and Brazil, and Gold Fields has said that the deal... Читать дальше...

Mining Weekly Editor Martin Creamer discusses the JSE’s reforms highlighted at this year’s Junior Indaba; attracting venture capital funded juniors to invest; and Sedibelo Platinum Mines's role in the country’s green hydrogen effort.

Diversified miner Anglo American this week announced the appointment of Daniel van der Westhuizen as CEO of its Australian division. Van der Westhuizen will lead Anglo American’s steelmaking coal business based in Brisbane.

About 3 000 workers have been laid off in Peru due to the suspension of operations at MMG's Las Bambas copper mine, which has dragged on for over 40 days, a mining union said on Thursday as workers took to the streets to protest. Las Bambas, one of the world's largest copper mines, was forced to halt operations in April due to protests from neighboring indigenous communities in the Peruvian Andes, two of which entered company property and held a sit-in protest at the mine, triggering the shutdown.

Chile's Mining Minister on Thursday said the country was open all paths to develop its lithium reserves and would work to rebuild trust after its supreme court voided two contracts for the battery metal because of opposition from indigenous groups. The supreme court on Wednesday accepted appeals filed by indigenous communities against two contracts granted during the last months of the previous administration to exploit 160 000 t of lithium. Chile is the world's no. 1 copper producer and second largest lithium producer... Читать дальше...

Canada-based junior explorer Advance Lithium is seeking to tap the potassium potential of its deposits in Mexico, after the country’s recent mining law changes that will place all activities related to lithium in the hands of a yet-to-be-formed lithium company. Advance Lithium, whose share price on the TSX-V has plummeted 58% in recent months, said on Thursday that the composition of its deposits’ mineralisation was about equal parts lithium and potassium.

ASX-listed Meteoric Resources has struck a A$30-million agreement to divest of its Juruena gold project, in Brazil. The company has signed a termsheet with Keystone Resources, which is a wholly-owned subsidiary of Alchemist Investments Inc.

Diversified major Rio Tinto as unveiled a new strategy for the future development of its Argyle Pink Diamonds brand, following the 2020 closure of the Argyle mine, in Western Australia. The company this week launched the new Icon Partner program, as part of its strategy to ensure it remains the world’s only official custodian of Argyle Pink Diamonds.

Coal developer Cokal is on track to produce its first saleable coal from its Bumi Barito Mineral (BBM) mine, in Indonesia, in September this year. The company is planning to start mining at BBM at the end of July.

South Africa-based foundry and engineering company Thos Begbie has shipped the last of three batches of copper furnace components to a metal smelting and recycling firm, in Germany. The third and final batch was shipped last week and arrived at its destination on time.

In light of the global energy transition, global mining specialist and equipment supplier for openpit and underground mining, bulk materials handling and minerals processing TAKRAF is guided by various green principles when providing solutions for its clients, says TAKRAF belt conveyor systems head Dr Mario Dilefeld, TAKRAF special projects engineering manager Matthias Pohl, TAKRAF South Africa brand and external communications specialist Juliana Ndisengei, marketing and business development head... Читать дальше...

Demolition solutions provider Jet Demolition has steadily expanded its fleet of equipment to befit projects that facilitate relines and repairs on furnaces and kilns of all types. Furnace demolition projects generally represent a smaller proportion of the company’s scope, as furnace demolition services are required only under emergency conditions or during planned shutdowns, adds Jet Demolition contracts manager Kate Bester.

Metallurgical industry plant supplier SMS group has been selected to supply a Peirce-Smith Converter for converting nickel matte for the production of batteries to global nickel exporter Société de Nickel de Nouvelle Calédonie et Corée (SNNC) in South Korea. The supply will fast-track the production of nickel and its sulphate for high-performance batteries and will also be a substantial step towards sustainable electromobility.

Industrial engineering and equipment multinational FLSmidth has been chosen as the supplier of the rotary kiln and rotary dryer for the Araguaia Niquel Metais ferronickel mine in the state of Pará in the northern region of Brazil. The order was booked in the first quarter of 2022 and is valued at about DKK 285-million.

Mining plant and machine supplier thyssenkrupp Mining Technologies and diversified natural resources producer Eurasian Resources Group (ERG) in February signed a contract for the supply and replacement of four electric filters at the Pavlodar Alumina Plant, part of the Aluminium of Kazakhstan enterprise. The supplier delivered the innovative and sustainable filter technology for the alumina plant near the Kostanay and Pavlodar regions in Kazakhstan.