Mining Industry

Mining News Pro - Pembridge Resources (LON:PERE) said on Tuesday it would appoint an operator for its recently acquired Minto mine, in Canada’s Yukon territory.

Mining News Pro - India’s ambition of becoming a global hub for making electric vehicles faces one major hurdle: its lack of access to lithium.

Mining News Pro - The phase-one trade deal between the US and China may bring some relief to copper exporters, helping shore up the finances of Chilean State-run producer Codelco, Mining Minister Baldo Prokurica said.

Mining News Pro - Joint venture (JV) partners Rio Tinto Exploration and Alloy Resources plan to commence a drilling program in the Paterson province of Western Australia between April and May this year.

Mining News Pro - New Century Resources has achieved a mining rate of 8.9 million tonnes a year at the Century zinc operation in Queensland.

Mining News Pro - A new report by Roskill states that the lithium industry is in a waiting game. Suppliers are limiting capacity utilisation and expansions to see if prices pick up as demand grows and inventories go down.

Mining News Pro - The Chilean parliament’s Mining Commission announced that it will investigate allegations against an insurance company accused by Codelco of inflating policies for workers at the Radomiro Tomic y Chuquicamata copper mines.

Mining News Pro - China’s crude steel output surpassed its previous record of last year and set a new benchmark this year by producing 996.34 MnT of crude steel in (Jan-Dec) CY’19 ascended by 7% as compared with 927.52 MnT in CY’18.

Mining News Pro - Mincor Resources says the definitive feasibility study (DFS) for the integrated nickel restart plan at its Kambalda assets in Western Australia progressed well during the December quarter, with mining contractor awards expected to occur soon.

Mining News Pro - “One important approach in our company is to be active in export markets,” Sales Manager of HOSCO.

Mining News Pro - Nickel, the best performer among the base metals last year, is currently getting a reality check in the form of surging exchange stocks.

Mining News Pro - Rio Tinto mined 557,400 tonnes of copper in 2019, a 5% drop over the year before due to lower grades, which the Anglo-Australian giant could only partially offset with higher throughput.

Mining News Pro - The new chief of Bolivia’s state-owned lithium company YLB plans strict limits on foreign investment in extraction and processing of the white metal key to electric vehicle batteries, he told Reuters in his first interview with international media since taking the reins this month.

Mining News Pro - Indiana Resources Ltd. threatened legal action against Tanzania for alleged breach of contract after the East African nation amended its mining law.

Mining News Pro - Rio Tinto mined 557,400 tonnes of copper in 2019, a 5% drop over the year before due to lower grades, which the Anglo-Australian giant could only partially offset with higher throughput.

Mining News Pro - Much like prices for cobalt, lithium and graphite, nickel feedstock for battery manufacture ended 2019 on a weak note, as a retreat in Chinese electric vehicle sales in the second half of the year and slower than expected transition to nickel-rich battery chemistries hurt demand.

Mining News Pro - Chile’s environmental watchdog (SMA) has appealed a lower court decision against a $25 million remediation plan by SQM, the world’s no. 2 lithium producer, which called into question the miner’s $380 million production expansion project.

Mining News Pro - Annual cobalt production is only around 130,000 tonnes, mostly as a byproduct of nickel and copper mining. Some two-thirds of supply comes from the Democratic Republic of the Congo, where fears about political instability and the challenges of ethical sourcing combine to supercharge supply concerns.

Mining News Pro - The Democratic Republic of Congo’s state mining company Gécamines on Wednesday opened the Deziwa copper and cobalt mine and processing plant, part of a joint venture majority-owned by China Nonferrous Metal Mining Company (CNMC).

Mining News Pro - First Cobalt has released an updated resource for its 7 sq. km Iron Creek project with 2.2 million tonnes at 0.32% cobalt-equivalent in the indicated category and 2.7 million tonnes at 0.28% cobalt-equivalent in the inferred category. Contained cobalt stands at 12.3 million lb. in the indicated and 12.7 million lb. in the inferred category.

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