domingo, 10 de septiembre de 2017

PEA extends Ekati minelife by 7 years to 2042

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Mining News Digest
Monday 11 September 2017
Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium

A preliminary economic assessment (PEA) of the Ekati mine in Canada's Northwest Territories has the iconic diamond operation staying open seven more years.

A new nickel mine that just opened in Western Australia is pinning its hopes on the use of nickel in electric vehicle batteries.

Is the industrial metals and steelmaking raw materials rally at en end?

Copper price drops more than 3% after Chinese imports stay flat for fourth month in a row and concentrate cargoes decline.

Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.

Long before the invention of modern day maps or gunpowder, the planet's major powers were already duking it out for economic and geopolitical supremacy.

Demand for physical gold in Asia could pick up in the coming weeks as India's festival season drives interest in the metal, after high prices kept buyers at bay again this week.

When the company's Pine Cove pit mine stops producing in about eight months, work will begin to turn it into a tailings storage facility with capacity of up to 7 million tonnes.

South Africa holds the world's biggest reserves of platinum, chrome and manganese, but investment in the sector has dropped in each of the past two years as a result of increasing legal uncertainty and labour disputes.

Of all the absurd Washington pantomimes none has been as reliably entertaining and maddening as the annual debates to raise the debt ceiling.

The sale of Santa Gertrudis has given GoGold much-needed cash to pay off its $46.3-million debt with the Bank of Montreal.

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