Новости за 29.11.2022

Dual-listed Thor Mining will raise A$2.65-million in a share placement to fund uranium exploration activities in the US and to fund drilling at the Kelly’s and Krona gold, nickel and lithium projects in the Pilbara. The company on Tuesday announced plans to place more than 378.5-million shares, at a price of 0.7c each, representing a discount of 22% to the company’s last ASX-listed trading price on November 24, and a 23% discount to its volume weighted average share price for the 15 days prior to that date.

Next year’s Investing in African Mining Indaba will focus on the ways Africa can enhance the opportunity to increase the supply of green metals to meet global energy demands, while creating meaningful value for communities. Taking place during February 6 to 9 at the Cape Town International Convention Centre, the event’s Green Metals Day – running over two mornings – will cover the impact of the twenty-seventh Conference of Parties’ outcomes on green metal demand and supply; battery metals and carbon... Читать дальше...

The HPA First project, in Queensland, has produced its first aluminium-nitrate precursors, ASX-listed Alpha HPA said on Tuesday. The Stage 1 precursor production facility (PPF) is in the final stages of chemical commissioning and delivered its maiden production this week. The PPF has produced 3 300 kg of aluminium nitrate pre-cursor crystal, reaching a production rate of 800 kg/d, or equivalent to some 70% of the nameplate capacity.

Vancouver-based Lucara Diamond will spend up to $105-million next year on the underground expansion of its Karowe mine, in Botswana. In its 2023 operating guidance, the company says that its focus will be predominantly on shaft sinking activities, along with the construction of the bulk air cooler, tendering of the underground development contract and underground equipment purchases.

Nickel miner Mincor Resources has marked a key milestone at its Cassini nickel project, in Western Australia, firing and extracting the first production stope. “Firing the first stope from a brand-new operation is a tremendous milestone for the company, marking the culmination of significant exploration, development and production activities over several years. I would like to recognise the entire team for realising this achievement,” said MD Gabrielle Iwanow.

The London Metal Exchange has defended its controversial decision to cancel billions of dollars of nickel trades in March as necessary to avoid a $20-billion margin call that would have sent the market into a “death spiral.” The exchange on Monday provided its most detailed account yet of the historic short squeeze this year when prices soared 250% in little over 24 hours, in a filing outlining its defense against lawsuits from Elliott Investment Management and Jane Street.

MMG resumed copper production at its Las Bambas mine in Peru after a protest was lifted, a source close to the company said on Monday, but added that transportation of the metal to port remained blocked by a separate conflict. Las Bambas had reduced its operations to 30% of its usual capacity earlier this month due to the protests. Protests against the Chinese-owned mine are recurrent and have often disrupted operations, amid complaints by nearby indigenous communities that the company's huge mineral... Читать дальше...