martes, 18 de septiembre de 2018

Lithium Power closer to start mining at Chile’s Maricunga

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Mining News Digest
Tuesday 18 September 2018
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The Maricunga project in northern Chile has seen significant past exploration, with over $30 million expended to date.

Polyus.

The transaction would create the world's No.2 platinum producer as Lonmin is the world's third-largest while Sibanye-Stillwater is the fourth.

Johan Dippenaar has held the top position since 2005, when Petra merged with Crown Diamonds.

The Democratic Republic of Congo will declare cobalt a strategic metal, imposing a 10 percent royalty tax on producers.

Natural gas-fired power plants will be facing more price competition from solar farms in some parts of the U.S. as battery costs fall.

Ramaphosa revealed highlights of the plan at a Sept. 14 meeting and the full package should be announced at the Oct. 24 midterm budget.

Spurred by high global appetite for cooper, the company in September started preparing the site for construction of a massive plant at the deposit.

Environment and Natural Resources Secretary ordered all small-scale mining stopped in the Cordillera region, where landslides killed 24 people.

Eskom said on Monday that it had fewer than 20 days of coal supplies at 10 of its 15 coal-fired power stations, posing a threat to national power supplies.

Tamar Resources wants to reopen the state-owned Krupinski mine in Silesia as a coking coal mine.

The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world's two largest economies.

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