Mining Industry

Mining News Pro - Brazil’s Nexa Resources (TSX, NYSE: NEXA) expects to begin commercial production at its recently acquired Aripuanã zinc project, in the country’s Mato Grosso state, by 2021, as the company seeks to maximize benefits of current market conditions for the base metal.

Mining News Pro - Unionized workers at Chile’s Escondida copper mine, the world’s largest, will stage a 24 hours-long strike on Tuesday in solidarity with ongoing massive protests sparked by a now suspended metro fare hike, as locals vent their discontent over the high cost of living and extreme inequality in one of Latin America’s most stable nations.

Mining News Pro - The Chilean Environmental Service notified Minera Salar Blanco, the operating company for the Maricunga joint venture, that it has extended the Environmental Impact Assessment evaluation process for 60 days.

Mining News Pro - Mining and commodities trader giant Glencore (LON: GLEN) has taken a small stake in an Irish zinc project located next to its own Pallas Green lead-zinc development by investing C$1 million in Group Eleven Resources’ (TSX-V: ZNG) Stonepark deposit.

Mining News Pro - Thor Mining made public an updated mineral resource estimate for its flagship Molyhil project in Australia’s Northern Territory.

Mining News Pro - Uranium One Group (U1G), a subsidiary of Russia’s state nuclear company Rosatom, has signed a deal with Canada’s Wealth Minerals (CVE: WML) to buy up to a 51% interest in the company’s Atacama lithium project, located in Chile’s northern Antofagasta region.

Mining News Pro - Australia’s OceanaGold (TSX, ASX: OGC) on Tuesday lowered its annual gold and copper output targets for the year after halting processing at its Didipio mine in the Philippines, due to an ongoing dispute with the local government around its license to operate.

Mining News Pro - Chile’s Codelco, the world’s largest copper producer, said on Monday that it is evaluating the closure of its Ventanas copper smelter in a polluted coastal region.

Mining News Pro - Canadian miner Teck Resources Ltd said on Sunday that a union representing 473 workers at its Chile mine will start a strike on Oct. 14.

Mining News Pro - Cemex USA’s Miami and Brooksville South cement plants in Florida have been awarded Energy Star certification for 2019 by the Environmental Protection Agency (EPA) for work on energy efficiency and sustainability.

Mining News Pro - Paulo Camillo Penna, the president of SNIC, the Brazilian national cement industry union, has expressed caution about growing cement sales so far in 2019.

Mining News Pro - Geospatial intelligence company Earth-i, in collaboration with Britain-based commodities broker Marex Spectron and the European Space Agency, will launch next week a satellites-based service monitoring the up-to-date operational status of up to 90% of the world’s copper smelters.

Mining News Pro - The application was completed last year, and the certificate outlines the tax regime and additional benefits bestowed upon Pastos Grandes for the next 30 years.

Mining News Pro - Vancouver-based Jaxon Mining has completed the second phase of field work this year at its Red Springs copper porphyry project.

Mining News Pro - Miner and commodities trader Glencore, the world’s biggest producer of cobalt, has committed to sell about a quarter of its annual production of the battery metal over the next five years to Chinese battery recycler GEM Co.

Mining News Pro - Chile’s Antofagasta, one of the world’s largest copper producers, has requested government mediation to resolve a contractual dispute with supervisors at its flagship Los Pelambres mine, the supervisors´ union said on Monday.

Mining News Pro - VSPC, a wholly-owned subsidiary of Lithium Australia, announced that it successfully built and tested lithium-ferro-phosphate batteries using high-quality cathode material composed of lithium phosphate from spent lithium-ion batteries.

Mining News Pro - The price of copper weakened again on Thursday amid the worst US factory conditions in a decade and near-record bearish bets on futures markets on the bellwether metal.

Mining News Pro - Canada’s Fortune Minerals Ltd said on Thursday it would shelve plans to upsize its early-stage cobalt mine in the country’s far north while it continues to hunt for a strategic partner.

Mining News Pro - Purchase Manager of Esfahan Steel Company: “There is no need to buy excess and bear the cost of warehousing. We have good export market and clients.”

In Picture

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