lunes, 5 de marzo de 2018

Partying with purpose: world's miners drink and deal after dry years

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Mining News Digest
Tuesday 6 March 2018
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But they also come with a catch – pitching ideas, striking deals and securing funding is the name of the game.

According to the Minister of Northern Development and Mines, the Province wants to help improve mine productivity in the region, increase operating efficiencies, and contribute to the global expansion of northern businesses.

According to the Chamber of Mines of South Africa, illegal miners in the country usually belong to organised crime syndicates.

Electric vehicle boom sees number of companies exploring for lithium and cobalt tripling to 188 as budgets balloon according to new report.

The government has delayed expected decision on whether to allow a new coal mine in northeastern England.

Miner posted a net loss of $984,928, compared to a $663,145 loss a year earlier, due to an increase in costs of developing its Tongo-Tonguma diamond project in eastern Sierra Leone.

Figures takes proceeds from Lulo diamonds sales so far this year to $10.8 million, at an average price per carat of $1,731.

China's state planner pledged on Monday to cut more steel and coal production capacity this year.

While tariffs could increase domestic demand for metallurgical coal – which is used in the steelmaking process – most of the market for that fuel is abroad.

The survey found that exploration expenditures across BC totaled $246 million in 2017, up $41 million (20%), from the year before.

Today's infographic shows the steps of mineral exploration, and how teams can use data to add value throughout the process.

With utilisation rates rising so high, the US domestic steel prices are likely to increase by at least the 25% – as per the new tariff.

Mining Association of Canada says it's a critical time for the country's mining industry to seize growth opportunities.

The competition is intensifying to use blockchain to try to eliminate battery minerals produced by child labour.

The strike started at 7:30 (12:30 GMT) and has affected production at the smelter, said the union's secretary general, Simon Diaz.

The London zinc price has been on a two-year romp, hitting a 10-year high of $3,595.50 a tonne last month.

Global spending on the search for nonferrous metals rose to an estimated US$8.4 billion in 2017, compared with US$7.3 billion in 2016.

The zinc market is making a U-turn.

Trump said Canada and Mexico could avoid planned steel and aluminum tariffs if they ceded ground in talks on a new NAFTA trade deal.

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