jueves, 13 de diciembre de 2018

Germany secures access to world's second-largest lithium deposit

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Mining News Digest
Thursday 13 December 2018
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The partners expect to produce up to 40,000 tonnes of lithium hydroxide per year beginning in 2022.

The world's No.1 miner had decided to offload Cerro Colorado mine in May last year, as part of chief executive Andrew Mackenzie's bid to focus on large assets in commodities such as iron ore, copper and oil.

Combined indicated and inferred resources for the satellite deposit, located 15 km northwest of its Essakane operation in Burkina Faso, amount to 376,000 gold ounces.

Harte Gold's Sugar Zone mine is on track to declare commercial production before year-end.

Pit constrained measured and indicated resources are 22.4 million tonnes grading 1.13 g/t gold and containing 813,000 oz.

The complex produced more than 1.0 billion lb. of copper and almost 206,000 oz. of gold.

Fission 3.0 Corp. is preparing to drill 4,400 metres at four high priority targets – Wales Lake, Patterson Lake North, Key Lake and Cree Bay (two holes).

The after tax NPV at an 8% discount is now $198 million.

Prospecting, rock and soil geochemical sampling graded as high as 231 grams per tonne silver, 2.83% copper and 6.15% zinc at the Dragon Tale zone over an area measuring 1.4 km by 0.7 km.

The Coscuez mine has produced some of the best emeralds from Colombia's Muzo region for more than 300 years.

A deal would be a major victory for Bristow as he prepares to take the helm of Barrick in January

Undergraduate mining engineering program enrollment dropped 12% between 2015 and 2016.

Given the economics and how the conversation around coal has shifted, you might as well try to push these banks into rotary phones or horse-drawn carriages.

Project Halo will buy Optimum Coal Mine (Pty) Ltd, Koornfontein Mines (Pty) Ltd and Optimum Coal Terminal (Pty) according to the term sheet seen by Bloomberg.

Cajamarca could attract as much as $18.2 billion investment in new projects, according to the Mines and Energy Ministry.

Larco, which is 55% owned by the Greek state, owes about 280 million euros in unpaid electricity bills to state-controlled power utility Public Power Corp.

Vale has focused on sales of better quality iron ore, mostly from its S11D project in Pará state, as demand for the cleaner and less polluting product rises in China, its main market.

This will mean Geoscience Australia and the United States Geological Survey (USGS) will work closely on exploration, extraction, processing and research and development.

The company received approval for a three-year extension of its mining concessions for the Posse gold deposit.

The miner joined forces with international development organization Pact.

Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint Uranium Group (operator and holder of a 21% interest).

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