Новости за 16.08.2022

BHP Group was disappointed that its "compelling" offer to buy out Oz Minerals was rejected, CEO Mike Henry said on Tuesday. "It's pretty disappointing that the board (of Oz Minerals) chose not to engage," Henry told journalists at a media briefing after announcing his company's annual results.

Zinc prices surged to their strongest in two months on Tuesday after production was suspended at a Dutch smelter amid high power prices, stoking fears of shortages. Benchmark zinc on the London Metal Exchange jumped 6.6% to $3 797.50 a tonne by 10:30 GMT, the highest since June 9. Nyrstar said it would put its zinc smelting operations at Budel in the Netherlands on care and maintenance from September 1.

Nyrstar will put its zinc smelting operations at Budel in the Netherlands on care and maintenance from September 1, the Belgian company said on Tuesday, citing "various external factors". Skyrocketing power prices have spurred suspensions and cutbacks by zinc smelters throughout Europe. Nyrstar did not specify the factors behind their decision, but a source close to the situation said electricity costs have increased by as much as 10 times while labour, freight and other costs also have increased.

On the ten-year anniversary of the Marikana Massacre, the Minerals Council South Africa says the good intent of mines’ social labour plans (SLPs), which are often a source of conflict that may contribute to violent protests, is often frustrated or overtaken by prevailing socioeconomic conditions and party politics. The Marikana Massacre, which resulted in the fatal shooting of 34 mineworkers by the South African Police Service during protest action, marked a moment of deep introspection for the... Читать дальше...

London-listed Edenville Energy has signed a 12-month agreement for Brahma Energies to produce and sell at least 4 000 t a month of washed coal from Edenville’s Rukwa coal project, in Tanzania. Under the terms of the agreement, which takes immediate effect, Brahma will take on full day-to-day operational management and control of the Rukwa mine, including all operational costs.

Base metals miner Trevali warned on Monday that its liabilities exceeded its assets and that it would not be able to make a mandatory payment of $7.5-million on a revolving credit facility this week. This comes as the company has faced several setbacks, including a flooding event that shuttered its its Perkoa mine, in Burkina Faso. The  Caribou operation, in Canada, continue to suffer from low productivity rates and equipment availability.

is weighing the sale of a copper and zinc mine in Portugal that could be valued at about €1-billion, people familiar with the matter said. The Toronto-based company is speaking with potential advisers as it explores options for the Neves-Corvo mine in southern Portugal, the people said, asking not to be identified discussing confidential information.

Mexico's efforts to save 10 miners who became trapped in a flooded coal mine 13 days ago hit another setback as underground water levels have surged higher, officials said on Monday. The miners became confined underground at the Pinabete mine in the border state of Coahuila on August 3 when their excavation work led a tunnel wall to collapse and unleashed flooding.

Junior nickel developer Mallee Resources has prompted existing shareholders and investors to partaking it its capital raise, which will close on August 19. The company was hoping to raise between A$20-million and A$70-million through a share issue, priced at 70c a share, to fund the restart of its recently acquired Avebury nickel project, in Tasmania, and to enable a return to share trading on the ASX.

Uranium developer Bannerman Energy has completed the acquisition of a 41.8% shareholding in TSX-V listed critical minerals explorer Namibia Critical Metals Inc (NMI). The company in May unveiled the A$7.24-million in cash and 846 337 Bannerman shares, post a share consolidation, transaction, which would give Bannerman access to NMI’s advanced and fully permitted Lofdal heavy rare earths project in Namibia.

China is expected to remain the mainstay of diversified miner BHP’s future plans, but the miner has raised concerns around a possible recession in the US and other developed markets within the shorter-term. BHP’s VP for market analysis and economics, Dr Huw McKay said that a recession in the US and other developed markets was ‘within the range of possibilities’ being considered by BHP.

Major BHP has announced the appointment of its Australia president Edgar Basto as COO, effective from October 1. Basto will be replaced as Australia president by Geraldine Slattery.

Major Rio Tinto said it was ‘disappointed’ by the decision of takeover target Turquoise Hill’s Special Committee to reject its C$34 a share cash bid. The Special Committee this week said that Rio’s bid for the company did not ‘fully and fairly’ reflect the value of its majority interest in the Oyu Tolgoi copper project, in Mongolia, and that Rio’s offer price was ‘well below’ a range of values implied by a value analysis conducted by TD Securities.

Diversified miner BHP has reported a 34% increase in profits for the year ended June, along with record underlying earnings before interest, tax, depreciation and amortisation (Ebitda). Profit from operations reached $34.1-billion in the year ended June, and underlying EBITDA reached a record $40.6-billion at a record margin of 65% for continuing operations.