Study hints Predictive Discovery’s Bankan project could be Guinea’s ‘largest gold mine’
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than $210 million higher than its capital costs.
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Ferrexpo hit with corporate rights restrictions for Ukraine subsidiaries
Iron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other shares-related corporate rights of the company’s subsidiaries in Ukraine.
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New leaders for Victorian mine rehabilitation
Victorian Energy and Resources Minister Lily D’Ambrosio has appointed a new chairperson and a deputy chairperson to the Mine Land Rehabilitation Authority (MLRA) board.
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Top 10 sustainability predictions for commodities in 2024
Mining News Pro - Global mining and metals sector consultancy CRU has released its top 10 sustainability predictions for commodity markets in 2024, covering topics that were already hot this year. These include reporting standards, nature conservation, climate action, carbon pricing and critical raw materials.
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Global markets brace for more volatility amid Israel conflict
Mining News Pro - Traders are preparing for another week of wild price swings as continuing conflict in the Middle East fuels demand for haven assets and prompts investors to reconsider their views on global interest rates.
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Visit: 121
Fertilizer stocks jump with Israel conflict stoking supply concerns
Mining News Pro - Fertilizer makers jumped after Hamas’ surprise attack on Israel raised concerns over how the conflict could impact global supplies of nutrients used to grow crucial food crops.
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Wagner-linked gold miner in Sudan halts operations over conflict
Mining News Pro - A Sudanese gold mining company linked to the Russian mercenary Wagner Group has suspended operations because of conflict in the North African nation.
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Biden to name new monument restricting mining near Grand Canyon
Mining News Pro - US President Joe Biden on Tuesday plans to name a new federal monument covering nearly 1 million acres (405,000 hectares) near the iconic Grand Canyon in Arizona, a move that will likely restrict new mining activity in the uranium-rich area.
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Self-healing metal? It’s not just the stuff of science fiction
Mining News Pro - In the 1991 film “Terminator 2: Judgment Day,” a malevolent time-traveling and shape-shifting android called T-1000 that was made of liquid metal demonstrated a unique quality. Hit with blasts or bullets, its metal would heal itself.
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China to restrict exports of metals critical to chip production
Mining News Pro - China imposed restrictions on exporting two metals used to make semiconductors and other electronics, a move that’s likely to raise costs for hardware manufacturers and worsen geopolitical tensions over the race to develop advanced computing technology.
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Mexican president pushes new labor minister to resolve Grupo Mexico conflict
Mining News Pro - Mexican President Andres Manuel Lopez Obrador on Thursday said he will ask incoming Labor Minister Marath Bolanos to meet with mining company Grupo Mexico and a top union leader to attempt to resolve labor disputes stretching back more than a decade.
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CEO of KSC: Electricity restrictions is one of the most important challenges of steel industry
Mining News Pro - The fourth meeting of the strategic committee was held with the presence of CEO Amin Ebrahimi, deputy of operation and development, and a group of deputies and managers of Khuzestan Steel Company.
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Nevada regains place as most attractive mining jurisdiction
Mining News Pro - The state of Nevada has recovered the world’s top-ranked jurisdiction spot for mining and exploration it yielded last year to Western Australia, the Fraser Institute’s 2022 annual survey of the global industry shows.
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HOSCO record was a miracle happened in restrictions
Mining News Pro - The CEO of Hormozgan Steel Company said that relying on skilled human forces as the main capital of the company, considering all the restrictions of electricity in
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Predictions and protection: can software and data improve ESG in mining?
Mining News Pro - Giles Crosse investigates how a delicate combination of data and regulation could be vital for the future of the mining sector.
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Iron ore price jumps on easing restrictions in China
Mining News Pro - Some communities in Chinese cities where covid-19 is still spreading are easing off on testing requirements and quarantine rules ahead of an expected shift in virus policies nationwide after widespread social unrest.
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Shallow-water mining in direct conflict with sustainability goals
Mining News Pro - In a recent study, researchers at the University of Helsinki suggest that mining in shallow marine areas is in direct conflict with international conservation and sustainability goals, as the activity poses severe environmental risks.
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Visit: 453
Escondida mine conflict unresolved
Mining News Pro - A dispute between workers and Chile’s Escondida mine, the largest copper deposit in the world, remained unresolved on Tuesday as regulators reviewed the site following safety complaints, the union said.
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China backs Russia in opposing bid to redefine conflict diamonds
Mining News Pro - China has joined Russia in opposing an effort to redefine conflict diamonds to include those sold by individual nations, as a rift between Western and pro-Russia nations jeopardizes the process for certifying rough diamonds as conflict-free.
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Peru calls for new Las Bambas talks as police hint at eviction plan
Mining News Pro - Peru’s government on Tuesday called for a new round of talks with protesting indigenous communities that have forced MMG Ltd’s Las Bambas mine to suspend operations for over a month, as the police suggested that they were ready to intervene.
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Copper price rebounds as China eases covid restrictions
Mining News Pro - Copper prices rose on Thursday, buoyed by easing covid-19 restrictions in China.
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Johnson Matthey predicts smaller platinum surplus, palladium, and rhodium deficits
Mining News Pro - A surplus in the platinum market should shrink this year and the palladium and rhodium markets are likely to move back into deficit, Johnson Matthey said in a report on Monday.
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Iron ore price set for biggest weekly drop since February on covid restrictions
Mining News Pro - The iron ore price headed for its biggest weekly drop since mid-February as China’s spreading virus restrictions and worsening property crisis prevented a recovery in demand.
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Peru to increase public spending in mining regions to curb social conflicts
Mining News Pro - Peru will increase public spending in mining regions in a bid to de-escalate social conflicts that have impacted mining output, Finance Minister Oscar Graham said on Tuesday.
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Exploration freed up in western Victoria
Mining News Pro - Applications are now open for minerals exploration in parts of western Victoria, following the lifting of an exemption which temporarily restricted minerals activities across an area of around 11,000 square kilometres.
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Visit: 827