Новости за 09.09.2022

In the mountain kingdom of Lesotho, explosives and blasting specialist BME recently achieved the first blast outside of South Africa with its new AXXIS Silver electronic initiation system. BME – a member company of the JSE-listed Omnia Group – is assisting a diamond mining customer to conduct quality blasts in all weather conditions.

Emerging miner MC Mining’s ordinary shares have resumed trading on the ASX. On September 8, the company announced that, following movements in its share price, its ordinary shares were placed in a trading half on the ASX.

Canadian mining company Ivanhoe Mines says an employee has been killed in a fall-of-ground incident at its Kamoa-Kakula Mining Complex in the Democratic Republic of Congo (DRC). The incident occurred in a development area at the underground Kansoko mine.

Global lithium production is expected to grow from 503 500 t lithium carbonate equivalent this year to 2.1-million tonnes in 2031 – an average yearly growth rate of 15.9%, said market research and advisory firm Fitch Solutions Country Risk & Industry Research. There are a significant number of new projects in various stages of development around the world, with Fitch Solutions tracking 120 established and new projects globally, and expecting that number to grow as interest in the sector increases... Читать дальше...

China's Yankuang Energy said on Thursday it had walked away from a potential deal to buy the remaining shares in its majority-owned unit, Yancoal Australia, due to recent market conditions. In June, the Chinese energy firm said it was open to negotiations with the Australian coal firm, in which it holds a 62.26% stake, after its $1.8-billion offer was rejected.

The Tamarack project, a joint venture between base metals junior Talon and diversified major Rio Tinto, is continuing to expand, with more thick, high-grade nickel/copper mineralisaiton TSX-listed base metals company Talon is continuing to expand the Tamarack project, a joint venture with diversified major Rio Tinto in Minnesota, with the company finding more thick, high-grade nickel/copper mineralisation in an area located outside the project’s defined resource area.

Mineral exploration company G Mining Ventures (GMIN) has closed C$151.3-million in private placement financing for the development and construction of its Tocantinzinho gold project, in Brazil. The company this week closed the second and final tranche of a private placement agreement, pursuant to which it issued 29-million shares at C$0.80 each to Luxemburg-based La Mancha Investments for total proceeds of C$23.2-million.

The feasibility study for the Eskay Creek gold/silver project, in the Golden Triangle of British Columbia, has delivered robust economics, with an aftertax internal rate of return (IRR) of 50.2% and an industry-leading one-year payback on preproduction capital of C$592-million. Using a gold price of $1 700/oz and a silver price of $19/oz, the project has a net present value of C$1.41-billion.

Nickel developer Mallee Resources has started commissioning of the Avebury plant. Mallee in July completed the acquisition of the Avebury project by acquiring all of the shares in Allegiance Mining, drawing down a $20-million debt facility and $10-million bridging loan facility to fund the acquisition.

Junior Challenger Exploration has secured a A$22-million investment from resources investor Queen’s Road Capital Investment (QRC) in the form of unsecured convertible debentures. The debentures are convertible into fully paid ordinary shares in Challenger at a price of 25c each, a 30% premium to the five-day volume weighted average share price of Challenger’s shares, prior to September 2.

ASX-listed Lithium Power International will raise A$25-million in a share placement to progress the development of its Maricunga brine project, in Chile. The company has received firm commitments from institutional, sophisticated and professional investors for the placement of more than 41.66-million shares, at a price of 60c each.

Diversified miner South32 has set a new goal of net-zero Scope 3 emissions by 2050, as part of its Climate Change Action Plan, and has vowed not to develop or invest in any greenfield metallurgical coal projects. Released on Friday, the Action Plan sets out the miner’s approach, actions and progress to date in meeting its climate change targets.

While mining and mineral exports contribute significantly to Zimbabwe’s gross domestic product, the industry falls short of its potential to contribute to the country’s growth and development. In the latest investment perception survey of mining companies, released by independent think tank the Fraser Institute, Zimbabwe was ranked the least attractive jurisdiction.

Global technology leader in electrical distribution and management ABB exhibited its safe, smart and sustainable solutions through its channel partner in Zimbabwe at MINE-ENTRA 2022 in Bulawayo from 20 to 22 July. This was the twenty-fifth edition of the largest mining, engineering, and transport expo in the country, which returned after a two-year hiatus owing to the Covid-19 pandemic. The expo took place at the Zimbabwe International Exhibition Centre (ZIEC).

The Zimbabwe government’s decision to grant prospecting and mining rights in environmentally protected areas, such as the Hwange National Park, has been criticised by the international community, says law firm Beech Veltman CEO Warren Beech. Natural resources are in abundance in Zimbabwe, which makes the granting of prospecting and mining rights in environmentally protected areas extremely controversial and probably unnecessary, he adds.

Irish gold and zinc exploration company Arkle Resources was granted three licences covering 163 ha to prospect for lithium in the Insiza district of the Matabeleland South province of Zimbabwe in June. At the time, the directors reported their belief that these licences, which cover a small area, represent a low-cost entry into one of the foremost lithium-producing countries in the world.