jueves, 18 de octubre de 2018

RNC Minerals recovers giant gold slab from its mine in Australia

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Australia News Digest
Friday 19 October 2018
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The company believes the stones are among the biggest of their kind ever unearthed in the country.

Nevada gold mines keep "rocking the boat."

Researchers from Curtin University discovered reidite, one of the rarest minerals on Earth buried deep within an ancient meteorite crater in Western Australia.

First production from the $5.3 billion underground expansion of Oyu Tolgoi was originally scheduled for early 2020.

Overall project engineering at the 270,000 ounce-a-year Guyere gold project, which is already more than A$100 million over its original budget of A$507 million, is now 96 percent complete

The company also said it would reconfigure the mining methods used at Hail Creek, a process that will be phased in over the next 18 months.

A new report prepared for the Minerals Council of Australia forecasts that the demand for metallurgical coal to 2030 will grow by over 95Mt.

Deputy Minister Fuziah Salleh, a long-standing critic of Lynas' plant, offered to step down from the committee reviewing the facility following criticism that she would not be impartial.

India clinches the title for largest zinc mine with Rampura Agucha.

With this development, the Australian miner has now produced both lithium carbonate and lithium hydroxide from Paradox, its flagship project.

Mining at the project in the Pacific nation will start in December, with ore shipments expected to begin in the first quarter of next year.

The definitive agreement comes almost three years after the incident, which killed 19 people and became the country's worst ever environmental disaster.

The newly-elected coalition government is said to be ready to launch a three-month evaluation of Lynas' rare earths processing plant, which may end with authorities denying the company's operating license renewal in Sep. 2019.

The company said the investment would enable it to sustain production of its Pilbara Blend brand of iron ore and its Robe Valley lump and fines products.

Fitch suggests that miners' focus would probably be on cost controls.

BHP Billiton Ltd. is boosting sales of the top-quality nickel that's needed for electric vehicle batteries, another sign that the world's biggest miner is targeting more opportunities in the booming sector.

Iron shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.

BHP has agreed to pay 45 pence per SolGold share.

Sanjiv Manchanda replaces Cliff Lawrenson as named CEO in overhaul.

No one will be taking alumina for granted any more.

Ask four Australians why the Great Barrier Reef is bleaching, and you'll hear four different answers.

It was just one trade of 5,000 shares, and it happened after the regular trading day. But it was enough to spike the price.

Peabody Energy intends to permanently seal the area where high methane levels have been concentrated after it reported fire in its North Goonyella mine.

The program will begin after the iron ore miner releases its quarterly report on Oct. 25 and will remain in place for a period of up to 12 months.

Australia's chronic shortage of Greenfields mineral discoveries can only be overcome by changing the sector's exploration, financing and training models, according to a keynote speaker at a major international geoscience forum.

For Tom Butler – CEO of the International Council on Mining and Metals – ensuring that mines have alternative uses post closure is an essential step in building and maintaining a company's social license to operate.

Wolf Minerals said on Thursday that it could not meet its short-term working capital needs after failing to reach a deal with its financial backers.

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