Новости за 06.09.2022

Canadian mining company Ivanhoe Mines, which has base and precious metals operations in Africa, has appointed Mark Farren as COO, effective November 1, and Steve Amos as as EVP of projects, effective immediately. Both will resume working for Ivanhoe after having worked at subsidiary company the Kamoa Copper joint venture (JV), in the Democratic Republic of the Congo (DRC) in recent years.

London-listed Blencowe Recources has terminated an agreement with SIPA Resources to earn a stake in the Akelikongo nickel project, in Uganda, in order to focus on its nearby flagship Orom-Cross graphite project. Blencowe had entered into an agreement with SIPA in February this year to earn a stake in the Akelikongo project, as it believed there were good synergies between Akelikongo and its own Orom-Cross project.

A division of Norsk Hydro supplying aluminium products to industries including auto and construction will exclude Russian metal from deals to buy aluminium for 2023, the Norwegian company told Reuters. Companies with contracts for this year, agreed in 2021, have continued to buy Russian producer Rusal's aluminium, the world's largest producer outside China, but for next year some are already looking elsewhere.

Global copper smelting rebounded slightly in August as stronger activity in South America, Europe and Africa offset weaker production in China, data from satellite surveillance of metal processing plants showed on Tuesday. In Chile, Glencore's Altonorte and Codelco's Chuquicamata operations had high levels of activity, according to a joint statement from commodities broker Marex and SAVANT, the satellite analytics service Marex launched with Earth-i in 2019.

McEwen Copper, a subsidiary of NYSE- and TSX-listed McEwen Mining, has announced an agreement with diversified major Rio Tinto to earn a 60% interest in the Elder Creek project, in Nevada. Elder Creek is an early-stage copper/gold porphyry project, located about 9 km from SSR Mining’s Marigold mine complex in northern Nevada.

Toronto-listed Titan Mining has received the permit from the New York Department of Environment and Conservation (NYSDEC), allowing it to begin mining activities on the Sphaleros openpit mine project at the Empire State Mine (ESM). “We are pleased that NYSDEC has recognised the thoroughness of our plan, as well as our commitment to sustainable and responsible development. Completion of this infrastructure project will allow ESM to increase throughput to the existing mill beginning in the first half of 2023,” GM Joel Rheault commented.

Thermal coal in Asia advanced to a record as a threat of supply disruptions adds new risks to a global energy sector already engulfed in crisis. Spot physical coal loaded at Australia’s Newcastle port was priced at $436.71 a ton on Friday, an all-time high, according to a biweekly index compiled by OPIS seen by Bloomberg News. That’s nearly triple the price this time last year.

Peru, the world's second-largest copper producer, posted a 6.6% year-over-year slip in its July output after two of the country's largest mines underperformed, the government said on Monday. Copper production in July totaled 195,234 tonnes to hit 1 291 888 t year-to-date, just 0.1% under the year-ago period, the Ministry of Energy and Mines said in a report.

Owing to the individual nature of mines, a one-size-fits-all solution is often unfeasible. With that in mind, dry-type transformer specialist Trafo Power Solutions will use Electra Mining Africa 2022 to showcase its ability to customise its solutions for mine-specific conditions.

South Africa-based minerals processing equipment specialist Multotec will have a strong presence at this year’s Electra Mining Africa (EMA) exhibition, and will have its in-house experts on hand to brief visitors on the company’s comprehensive line-up of minerals processing equipment. Multotec has exhibited at every EMA exhibition since the show’s launch in the 1970s.

The Australian resources sector had the capacity to power the renewable energy revolution, Australian Prime Minister Anthony Albanese said this week. Speaking at a Parliamentary dinner in Canberra, Albanese noted that globally, annual clean energy investment would need to more than triple to reach net zero by 2050, with the demand for lithium production to increase four-fold by 2030, the demand for rare earth elements to double that of current output, a two-thirds increase in nickel production and a third more copper than currently produced.

Diversified giant BHP on Tuesday unveiled that it had contributed some A$79.3-billion in economic value to the Australian economy over the 12-month period. The total national contribution to Australia comprises A$18.5-billion in tax, royalty and other payments to governments, A$16.5-billion of spending with suppliers, A$39.6-billion in dividends to shareholders, A$4.6-billion in employee wages, and A$106-million in social investments.

Major Rio Tinto has entered into binding agreements to acquire all of the remaining share of TSX- and NYSE-listed Turquoise Hill Resources, with that company’s board unanimously recommending the C$43 per share cash offer. The independent directors of Turquoise Hill, along with senior officers, have entered into voting support agreements with respect to all of the Turquoise Hill shares they own or control.