jueves, 20 de diciembre de 2018

Scotgold to break rock at Scotland's first commercial gold mine

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Europe News Digest
Friday 21 December 2018
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Cononish underground gold-silver mine is expected to produce 23,500 ounces of the precious yellow metal annually for up to 17 years.

The Germany-based fertilizer producer raised production outlook as weather-related production stoppages at one of its plant will be shorter than previously thought.

According to Bain & Co., diamond miners and retailers will face an Increasing influence of digital technologies, growing presence of lab-grown stones and shifting preferences of younger generations of consumers.

The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.

The partners expect to produce up to 40,000 tonnes of lithium hydroxide per year beginning in 2022.

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Vale needs to sort out once and for all its problem child, Goro, and keep its fingers crossed that Tsingshan's announcement is, for now at least, "just talk".

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Company veteran and coal chief Peter Freyberg, has been appointed as the head of industrial mining assets, a newly created role.

The discovery was made at the Daro project, located in the Tigray Regional State of northern Ethiopia.

Dundas is the world's highest grade deposit of ilmenite. Bluejay expects an initial output of around 50,000 tonnes, which will increase to 300,000 tonnes per year.

A judge ruled that an appeal brought forward by a local resident had failed and confirmed planning consent for an underground gold mine.

An unnamed source told Reuters that the assailants were believed to belong to Nigerian jihadist group Boko Haram.

"This constitutes a first step towards the production of novel electrodes for highly efficient solar cells and lights."

It all started so well in 2018.

Listing in London would give AngloGold exposure to a big pool of investors with very few options to buy into gold equities.

Various international groups had expressed interest in exploring for lithium in Portugal, which is the world's sixth-largest lithium producer, and Europe's biggest.

Mawson Resources says that its Rajapalot gold-cobalt project in Finland has plenty of room for expansion.

Coal bosses see a need to address climate risk, but say Poland must use thermal coal for electricity until it has a better option.

Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.

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.

The miner joined forces with international development organization Pact.

It is "absolutely critical" that Europe protect itself with measures to restrict imports of steel and remedy weaknesses in its existing system.

"CCS is a get-out-of-jail card and a great business opportunity," – Michael Liebreich, founder of Bloomberg NEF research group.

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