Month: February 2019

Miners BHP, Rio urge permanent voice for First Nations in Australia's parliament

Australia’s two biggest miners on Thursday backed calls for an indigenous advisory body in parliament, saying Prime Minister Scott Morrison’s opposition to the proposal did not “stand up to scrutiny”. Australia has struggled for decades to reconcile with descendants of...

/ February 1, 2019

EY appoints new global mining and metals leader

EY has announced the appointment of Paul D. Mitchell as the new EY global sector leader for mining and metals. In his new role, Mitchell will be responsible for driving the EY mining and metals sector strategy, leading a network...

/ February 1, 2019

Dam Collapse – Chronicle of disaster foretold: Balance of power

The horrific collapse of a dam owned by Brazilian mining giant Vale – with the death toll likely to reach the hundreds and widespread environmental damage – highlights a mix of failed government oversight and laws that favor mining interests...

/ February 1, 2019

China's Chalco shuts Shandong aluminium plant amid rising power costs

* Says is considering transformation, upgrade of plant * Company has closed 850kt of capacity since 2018 – consultancy Aluminum Corp of China , known as Chalco, said late on Wednesday it had stopped production at an aluminium smelting plant...

/ February 1, 2019

Candente recovers gold from tailings in Mexico while helping promote tourism

Since 2013, Candente Gold (TSXV:CDG) has been engaged with an agreement to reprocess the tailings deposit derived from the Mexico mine, which is part of the San Rafael Vein in the El Oro District, where the company has earned an...

/ February 1, 2019

Botswana's first private coal mine to produce saleable coal in March

Botswana’s first privately owned coal mine will produce its first saleable coal in March, the chief executive of the company overseeing the project told Reuters. The Masama Coal Mine aims to produce 1.2 million tonnes per annum of coal and...

/ February 1, 2019

Japan steel federation chief sees higher domestic output in 2019

Japan’s crude steel output is likely to increase in 2019, amid strong local demand from construction segment ahead of the 2020 Tokyo Olympics and in the absence of major impact from natural disasters, said the head of Japan Iron and...

/ February 1, 2019

Fortescue says Vale impact uncertain, sees demand for mid-grade iron ore

Australia’s Fortescue Metals Group Ltd said on Thursday it was too early to determine the full effect of a Brazilian mine disaster on iron ore supply, as its shares rose to a 16-month high. “We are not 100 percent clear...

/ February 1, 2019

Anglo American lays off 180 workers at Chile copper mine

Global miner Anglo American laid off 180 workers at its flagship Los Bronces mine in central Chile, part of a plan to boost productivity at the deposit that has raised the ire of some of its unionized workers. The layoffs...

/ February 1, 2019

Aussie and Canadian miner join forces in rare earths project

Canada’s Avalon Advanced Materials (TSX: AVL) and Australia’s Cheetah Resources announced this week that they have joined forces to work on the development of the rare earth resources on the Nechalacho project near Yellowknife, in Canada’s Northwest Territories. In order...

/ February 1, 2019