Новости за 13.10.2020

Democratic Republic of Congo has issued a six-month waiver to an export ban on copper concentrate, the Mining Minister said in a letter seen by Reuters on Tuesday. Congo, the world's leading producer of cobalt and Africa's biggest copper producer, banned exports of copper and cobalt concentrates in 2013 to encourage miners to process and refine the ore in the country. But insufficient smelting capacity has driven it to repeatedly issue waivers. In August, the government granted an indefinite moratorium... Читать дальше...

Mining production decreased by 3.3% year-on-year in August, Statistics South Africa reported on Tuesday. The largest negative contributors were gold (-14.8%), iron-ore (-18.1%) and coal (-4.0%), while the largest positive contributor was platinum group metals (PGMs) (12.7%).

Twiga Minerals, a joint venture between Barrick and the Tanzania government, has paid a maiden interim cash dividend of $250-million, the Canada-based miner announced on Tuesday. Twiga was formed last year as part of a settlement with the Tanzania government over disputes between mining companies formerly operated by Acacia Mining, which is now part of Barrick.

The Oyu Tolgoi mine, in Mongolia, has been awarded the Copper Mark – the industry's new responsible production programme. Oyu Tolgoi has met more than 30 criteria for responsible environmental, social and governance (ESG) operating practices, Rio Tinto-controlled Turquoise Hill said on Tuesday. The Copper Mark is the first programme for responsible production in the copper industry. Originally developed by the International Copper Association with inputs from a broad range of stakeholders including customers... Читать дальше...

The Department of Mineral Resources and Energy (DMRE) has urged mining companies to put more focus on the health and safety of mineworkers during the final few months of the year, noting that fatalities are traditionally higher during this time. The DMRE inspectorate would intensify the monitoring and evaluation of the mine health and safety management systems through inspections and audits for the remainder of the year, the department said on Tuesday. “All mineworkers and supervisors are reminded... Читать дальше...

ASX- and LSE-listed potash company Danakali has appointed Dr Rod McEachern as COO, effective December 3. According to the company, his appointment strengthens and deepens Danakali’s potash mining and processing knowledge and leadership capability.

Aim-listed diamond junior BlueRock Diamonds has reported strong operational third-quarter results, setting records for three of its main performance indicators: production, carats produced and grade. Despite still using its old plant, the operator of the Kareevlei diamond mine near Kimberley, in the Northern Cape, sorted a record 123 727 t in the third quarter, up 34% on the prior-year period.

Monte Aguila – the new name for Newmont Colombia, which is 50:50 owned by Newmont and Agnico-Eagle – has paid P$2.52-billion (about $650 000) to dual-listed Orosur Mining to fund exploration at the Anza project, in Colombia. Orosur says its Colombian subsidiary, Minera Anza, and Monte Aguila have developed detailed exploration plans to restart field work at Anza once restrictions and risks associated with Covid-19 have subsided sufficiently. The parties hope to get geophysical surveys and drilling under way by early November.

TSX-V-listed Gold Bull Resources has executed a purchase and sales agreement to acquire 100% of the Sandman gold project, in Nevada, from gold major Newmont for $4-million. The acquisition includes all mineral rights, transferable permits, data and drill core relating to the project. Existing royalty obligations transfer with the project.

Exploration company Bullfrog Gold has entered into definitive agreements with gold major Barrick and Augusta Investments wherein Bullfrog will acquire the rights to 607 ha adjoining the company’s Bullfrog gold deposit, in Nevada. Augusta and certain individuals identified by the company will concurrently complete a C$22-million investment in Bullfrog.

A maiden mineral resource estimate for ASX-listed Hot Chili’s Cortadera copper porphyry deposit has pushed the greater Costa Fuego copper project to become a leading global resource. The Cortadera maiden mineral resource of 451-million tonnes, at 0.46% copper equivalent, has taken the total mineral resource estimate for the greater Costa Fuego project to 724-million tonnes, at 0.48% copper equivalent for some 2.9-million tonnes of contained copper, 2.7-million ounces of gold, 9.9-million ounces of silver and 64 000 t of molybdenum.

TSX- and NYSE-listed Yamana Gold has started trading on the LSE’s main market on Tuesday. Founder and executive chairperson Peter Marrone said that there were compelling reasons to invest in the Canada-based gold producer.

Diversified miner BHP has agreed to a set of shared principles around Aboriginal heritage with the First Nations Heritage Protection Alliance, aimed at enhancing the influence and voice of traditional owners in relation to heritage protection. The miner on Tuesday said that the principles also reaffirmed a shared commitment to self-determination for Aboriginal peoples, their right to speak proudly and publicly about their culture and their heritage; and recognition that building a better understanding... Читать дальше...

Canada-based Brazil Potash has filed initial documents with US regulators ahead of a $50-million fund-raising round around November that would value the fertilizer venture at about $520 million, CEO Matt Simpson said on Monday. Simpson said the company, part of a push to launch large-scale production that could make Brazil a major source of the fertilizer commodity, was also in talks with several large global producers on a potential takeover or investment. If none of those talks come to fruition... Читать дальше...