lunes, 12 de febrero de 2018

Soaring cobalt prices force Samsung SDI to mine metal from old phones

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Mining News Digest
Tuesday 13 February 2018
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The firm is also trying to halve use of cobalt in batteries from around 20% by raising the proportion of nickel, and it will start researching on development of nearly cobalt-free batteries.

Andes Iron appealed an August 2017 decision that forbade its copper and iron ore project from going forward.

Without changing the way it operates, the Canadian miner now wants to set foot in the world's second lithium producing country.

The Toronto-based miner is carrying out a comprehensive environmental remediation program at its Iskut project.

The Russia-Iran conversations are taking place within the framework of the Joint Comprehensive Plan of Action on Tehran's nuclear program.

The miner has also scrapped its 2017 dividend after full-year core earnings fell by more than a third because of a ban on unprocessed mineral exports in Tanzania.

The largest diamond recovered in the first test run was 6.6 carats.

Canada's second-largest energy producer also buys into Norwegian Sea oil project.

The two separate claim groups are located within the Georgia Lake Area Pegmatite field in Ontario.

Coal mines that fail to meet safety measures or operational standards will be ordered to close and rectify violations, the State Administration of Work Safety said.

Even with rising gold prices and a strengthened balance sheet, the world's largest gold producer left shareholders with the worst returns among its top North American peers last year.

The U.S. Forest Service signed off on exploration for copper, gold and other minerals on 900 federal acres that lie just outside the Mount St. Helens National Volcanic Monument in Southwest Washington.

Although a final production decision has not been made, Canada's Alexco Resource Corp. is preparing to resume mining of silver and related minerals late this year in the Yukon's Keno Hill Silver District.

Mining bitcoins requires a great deal of computing power which in turn needs a lot of electricity to solve the computational puzzles that reward miners with cryptocurrency. 

Eighteen people have been killed in Venezuela at an illegal gold mine following clashes with security forces.

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