jueves, 13 de septiembre de 2018

After 103 years, Chile’s Codelco blasts at Chuquicamata pit for the last time

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Mining News Digest
Thursday 13 September 2018
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Chuquicamata, the company's second largest copper operation by size, is expected to transition to underground block cave mining by mid-2019.

Miner is mulling ways to mitigate the impact of Argentine President Mauricio Macri's surprise decision to impose a temporary tax on all exports to strengthen the country's ailing economy.

The Canadian company's Volta Grande project is expected to become the South American country's largest gold mine.

Ottawa recently announced renewed efforts to sell the Crown-owned terminal, Ridley Terminal, which is used to export thermal and metallurgical coal.

Chancellor Angela Merkel's plan to phase out coal-fired power plants in Germany should stop short of "prematurely" closing brown coal facilities.

The area will allow producers of electric vehicles, smartphones and other goods to "install themselves in the DRC".

Saft, Siemens, Solvay and Manz teamed up in February to develop high-density liquid electrolyte lithium-ion and solid-state batteries.

Nickel, which recently hit its lowest since December, could climb as high as $16,000 a tonne by the end of 2018 and $18,000 a year later.

Mercuria will spearhead a $650 million investment package in the miner in exchange for the stake under a memorandum of understanding.

It's not hard to see why Sellers and Campbell are in such high demand in this hardscrabble city that has become the global center of the shale revolution.

LME believes the discounts have had a positive impact on trading volumes – the mainstay of the exchange's revenue.

Its 2018 production is on track to reach the upper end of its forecast range of 2.375-2.425 million troy ounces.

The railway line stretches up to 861 km (534 miles) from iron ore mines at Sishen in the Northern Cape to the Saldanha port in the Western Cape.

Since their discovery in early 2009, the ruby deposits near Montepuez in Mozambique have produced an impressive number of exceptional-quality stones.

Tractor maker joins other Japanese manufacturers which have admitted in the past year to faulty inspections or data manipulation.

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