martes, 24 de octubre de 2017

Philippines open pit mining ban could be lifted before year end

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Mining News Digest
Wednesday 25 October 2017
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Mines minister says will follow new recommendations of environment regulator reviving projects like giant Tampakan, Silangan copper-gold mines.

The company posted major gains in the third quarter.

"Barrick must be stopped!", a junior miner wrote.

Kumba Iron Ore increased its full-year production target by 1-million tonnes.

Lower grades managed to eke out small gains, while higher grades were under pressure.

While an estimated 61 larger miners will pay more, about 30,000 smaller miners seen as larger job creators will pay less.

India's top court on Tuesday banned the use of petroleum coke, a dirtier alternative to coal, in and around New Delhi in a bid to clean the air in one of the world's most polluted cities.

Commodity prices are more important than production increases.

Dictatorship was number two supplier of metallurgical coal to China after Australia before latest UN sanctions.

One of the world's least known metals is also of great importance, and likely to become more so as renewable energies catch up with and possibly eclipse fossil fuels.

Orders jump 10% at Swedish mining equipment maker during third quarter.

Indonesia's PT Aneka Tambang Tbk received a recommendation from the mining ministry for an additional 1.25 million tonnes of nickel ore exports over the next 12 months, Chief Executive Arie Prabowo Ariotedjo said on Tuesday.

President Xi's enormous power means his pet projects like One Belt–One Road and Xiongan New Area will receive the full backing of the state.

The complex would be called the Giant Nickel All Season Resort.

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