Mining News Pro - Namdeb Diamond Corporation, a 50:50 joint venture between De Beers Group and the government of Namibia, has approved a new long-term business plan that will extend the current life-of-mine (LoM) of its land-based operations as far as 2042.
Friday, October 15, 2021 - 13:56:43
Mining News Pro - A crunch on coal production from key hubs in China and India is beginning to ease, but that won’t be enough to halt Asia’s energy crisis.
Friday, October 15, 2021 - 13:53:20
Mining News Pro - Namdeb, a joint venture between the Namibian government and diamond giant De Beers, announced on Thursday the approval of new long-term business plan that will allow it to extend its land-based mines’ life by 20 years to 2042.
Friday, October 15, 2021 - 13:51:17
Mining News Pro - The market value of on-road fuel cell vehicles will grow to $160 billion by 2042 at a compound annual growth rate of 23.9% over a 20-year forecast period.
Friday, October 15, 2021 - 13:48:49
Mining News Pro - Rio Tinto Group on Friday reduced its 2021 iron ore shipments forecast, as a tighter labour market in Western Australia delayed the completion of a new greenfield mine at Gudai-Darri.
Friday, October 15, 2021 - 13:34:15
Mining News Pro - Barrick Gold on Thursday reported a nearly 5% rise in third-quarter gold production from the previous three months, as output jumped at its Veladero mine in Argentina.
Friday, October 15, 2021 - 13:45:55
Mining News Pro - Australia’s South32 has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM for $1.55 billion.
Friday, October 15, 2021 - 13:43:27
Mining News Pro - Chile will open a tender for the exploration and production of 400,000 tonnes of lithium in an effort to reclaim market share and meet growing demand for the metal used in electric vehicles and high-tech devices.
Friday, October 15, 2021 - 13:38:51
Mining News Pro - Vancouver-based Turquoise Hill Resources said on Thursday the estimated additional funding required for the Oyu Tolgoi copper mine in Mongolia was now $1.2 billion higher than previously expected.
Friday, October 15, 2021 - 13:31:24
Mining News Pro - Major mining companies are looking to invest in countries they previously considered too risky, including Democratic Republic of Congo and Zambia, propelled by a dwindling pipeline of big copper mines elsewhere and record-high prices.
Thursday, October 14, 2021 - 14:12:12
Mining News Pro - The copper price continued to rally on Thursday amid a global energy crisis that is knocking supply offline and heaping pressure on fabricators scrambling for metal.
Friday, October 15, 2021 - 13:40:46
Mining News Pro - China consumes nearly 14 million tonnes of copper each year – more than the rest of the world combined. But domestic supply last year was only around 2m tonnes, including scrap, and mined output has been stagnant for years.
Friday, October 15, 2021 - 13:36:26
Mining News Pro - A new study published in the journal Science describes the development of microbial fuel cells — a technology that utilizes natural bacteria to extract electrons from organic matter in wastewater to generate electrical currents.
Thursday, October 14, 2021 - 14:05:07
Mining News Pro - Adriatic Metals has unveiled a $244.5-million project finance package to fund the development of its Vares silver project, in Bosnia & Herzegovina.
Wednesday, October 13, 2021 - 17:00:40
Mining News Pro - The mandatory hallmarking for gold jewellery and gold artefacts that became effective in June, has been positive for India’s gold market, says the World Gold Council (WGC).
Wednesday, October 13, 2021 - 16:52:22
Mining News Pro - The rare earth sector is likely to face more substitution unless production ramps up sharply to close a looming supply gap, an industry executive has warned.
Wednesday, October 13, 2021 - 16:40:51
Mining News Pro - South Africa must manage its transition away from coal-fired power generation systematically and not rush a switch to renewable energy sources, Mining and Energy Minister Gwede Mantashe said on Thursday.
Thursday, October 7, 2021 - 14:26:27
Mining News Pro - The Minerals Council South Africa is developing a Net Zero 2050 Action Plan and pathway towards achieving the goal of net zero greenhouse-gas (GHG) emissions.
Thursday, October 7, 2021 - 14:24:50
Mining News Pro - Vale said that the production of copper concentrate at its Salobo mine in the state of Para, Brazil, is suspended due to a fire affecting a conveyor belt.
Wednesday, October 6, 2021 - 13:06:13
Mining News Pro - Peru’s new socialist government swept to power pledging to strike a new deal with the copper mining sector and redistribute profits to Andean communities like those around the huge Las Bambas project, owned by China’s MMG.
Tuesday, October 5, 2021 - 13:16:07
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