Новости за 26.07.2018

Expected payback on the $5-billion copper project that Anglo American is leading in partnership with Mitsubishi is four years after initial production, Anglo CE Mark Cutifani said on Thursday, when the company announced the go-ahead for the development of the new community-backed low-cost, long-life Quellaveco copper mining project in Peru. “It’s a portfolio-changer for us as a group,” said Cutifani, who sees significant potential beyond the stated 30-year reserve life.

The completion of the main construction activities and commissioning of the front-end ore crushing, handling and stockpiling system for the Gamsberg zinc mine project in the Northern Cape is seen as a significant milestone. Completed for the Black Mountain Complex – part of the Vedanta Resources Group – by ELB Engineering Services (ELB) and their business partners during July, the milestone supports the phased completion of the construction and commissioning of the four-million-tonne-a-year zinc... Читать дальше...

Tanzania plans to establish a minerals exchange by the end of this year, in a bid to ensure the East African nation reaps the most from its resources, Minerals Minister Angellah Kairuki said. The nation’s resources including gold, diamonds, iron, silver, copper, graphite and other rare earth minerals such as gemstones.

The nascent global trade war will have to be ended by a political agreement between world leaders, because continuing down the current path will only damage the global economy, the head of the World Trade Organization said on Wednesday. WTO Director General Roberto Azevedo said that world leaders needed to listen to each other and try to fix the problem, rather than resorting to tit-for-tat retaliation, or launching legal disputes.

Zimbabwe's largest chrome miner African Chrome Fields (ACF) is talking to foreign investors about an equity sale to help fund expansion but will ensure the firm's two main partners retain control, the majority shareholder said on Wednesday. The chairman of Moti Group, which has a majority stake in ACF, told Reuters that during his visit to Europe last week he had "sort of identified two or three people" who could invest" in ACF.

Initially intended to be a 10-month suspension, production at McArthur River in Saskatchewan – the world’s biggest uranium mine – and the nearby Key Lake mill has been extended for an “indeterminate duration”, Canadian uranium major Cameco announced on Wednesday. President and CEO Tim Gitzel said that Cameco, which posted a $76-million net loss in the June quarter, had not seen the improvement needed in the uranium market to restart the two Saskatchewan mines, which were idled in January.

A stellar performance from the Neves-Corvo mine, in Portugal, during the most recent quarter has prompted TSX-listed Lundin Mining to paint a more rosy production outlook for the full year, with the miner's copper and zinc guidance having been improved. The Neves-Corvo mine, where Lundin is advancing a zinc expansion project, was more productive in the second quarter and benefited from higher head grades, resulting in second-quarter production increasing to 11 899 t of copper and 20 230 t of zinc, exceeding the prior-year comparable period.