miércoles, 12 de diciembre de 2018

Uranium price: best performer of 2018 set for more gains

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Mining News Digest
Wednesday 12 December 2018
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New report forecasts sustained structural deficit for uranium market and more gains for uranium price, up more than 20% this year.

The Australian major has signed option and farm-in agreements for Cornerstone Capital Resources' Miocene and Mirasol Mining's Gorbea properties, all of them in northern Chile.

Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper.

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

VanadiumCorp and Electrochem Technologies and Materials have signed a patent option agreement allowing Ultra Pure Systems to purchase an exclusive licence to their VanadiumCorp-Electrochem processing technology (VEPT)

The company hired BNP Paribas to coordinate a $400 million sharia-compliant loan financing.

CanAlaska is 70% owner and operator of Joint Venture with Cameco.

Production growth in 2019 will be driven by its Fosterville mine in Australia.

Africa's No.2 copper producer plans to introduce new mining duties, replace Value Added Tax with sales tax and increase royalties to help bring down mounting debt.

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

In the grand scheme of things, even the 2,500 coal-mining jobs added since Trump took office in January 2017 really don't amount to much.

Gold production declined 15.1% from a year earlier.

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

Copper prices on the international market have been recovering but Mowana mine, which employs 411 workers, has failed to capitalise on the gains due to equipment breakdowns.

The project consists of three exploration licences in the Archean Yilgarn Block, 450 kilometres north-east of Perth.

The company also identified three new targets that it says it can make drill ready through induced polarization and geological surveys in early 2019.

TechMet has been operational for over a year and has assets, deployed in mining, processing and recycling projects around the world, including Canada, Brazil, Rwanda and Burundi.

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