martes, 11 de diciembre de 2018

This one Congo project could supply the world with lithium

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Mining News Digest
Tuesday 11 December 2018
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The DRC has a stranglehold on crucial battery material cobalt, but central African nation also has potential to become major lithium player.

The settlement unlocks payments by SQM that had been on ice during the dispute, and paves the way for development to get back on track

The Association for Mineral Exploration has announced the winners of its 2018 celebration of excellence award who will be recognized for their significant efforts and contribution to the mining industry.

2018 was a relatively quiet year for the junior mining sector, we hope to see more of an upswing in 2019 – Dean Braunsteiner, national mining leader, PwC Canada

Miocene is in the Atacama and Antofagasta regions of Chile, where Cornerstone is targeting epithermal gold-silver and porphyry gold-copper deposits.

Recent drill highlights include 48.5 metres grading 2.69 grams gold from 60 metres downhole and 42.5 metres grading 2.55 grams gold from 31 metres downhole.

The state miner is moving to increase its take from joint ventures with international miners such as Glencore and China Molybdenum, which it accuses of not bringing enough money to the country.

The Cozamin project is a polymetallic underground mine with a surface milling facility.

The Vancouver-based miner has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment.

Over an 8.8-year mine life, Anaconda expects to produce a total of 375,000 oz. of gold at an all-in-sustaining cost of US$654 per oz.

Ivory Coast, is seeking to diversify revenues by increasing gold output from 25 tonnes last year to 50 tonnes between 2020 and 2025.

A judgment on the smelter will be uploaded on the court's website in a week's time, after which there will be no further hearings on the case.

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