jueves, 8 de marzo de 2018

$2 billion Congo-Brazzaville iron ore project stalled

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Mining News Digest
Friday 9 March 2018
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London-listed Zanaga Iron Ore Company shares plunge after switching to small-scale early production mine at flagship central Africa project.

Smart glass windows made with vanadium are capable of saving more energy by stopping thermal radiation from escaping, scientists say.

Brazil, Argentina, Japan and the EU have expressed concerns about the measure.

But the customs data look worse than it is.

Using a 3-D layer of polydimethylsiloxane (PDMS), or silicone, reduces dendrite growth, which makes batteries safer and longer-lasting.

A new mining code in the cobalt-rich Congo will lead to higher costs for consumers of the battery metal at a time automakers are expanding production of electric vehicles, experts say.

Swedish court has ruled that local miner Boliden won't have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile.

Elon Musk took to Twitter to call on U.S. President Donald Trump to challenge Chinese auto trade rules.

Trump has also demanded concessions from the European Union and has threatened to hike tariffs on auto imports from Europe.

Gold Fields Ltd.'s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine.

The EV story is a strong, slow-burn bull case for higher nickel prices.

The go-ahead from the Antofagasta region's environmental regulator will allow the company to expand its Radomiro Tomic mine.

Global platinum supply is forecast to be 7,815 koz in 2018, a decline of 2% from 2017.

The Optimum coal mine, which has faced a strike by its workers over unpaid salaries, sought protection from creditors on Feb. 20.

The precious metals sector continues to correct and consolidate. Gold remains in a bullish consolidation.

Exploration spending increased 20% across the Canadian province in 2017, reaching $246 million, compared with $205 million in 2016.

Mining companies operating in the country vigorously oppose new code to be signed into law.

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