Новости за 11.03.2024

Aim-listed Mkango Resources and partner TSX-V-listed CoTec have appointed two US-based engineering solutions companies to engineer and design a rare earth elements magnet recycling plant and production facility in the US, as part of a bankable feasibility study (BFS) for the HyProMag US project. HyProMag, of which HyProMag US forms part, aims to develop a sustainable and long-term supply of neodymium/iron/boron permanent magnets in the US, which should enable the creation of low-carbon and traceable rare earth supply chains... Читать дальше...

Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying almost 5% last week, setting a nominal high on four successive days. Gains on Friday were supported by US data showing the jobless rate at a two-year high, which helped push the dollar and ten-year Treasury yields lower.

JSE- and NYSE-listed Gold Fields’ board has approved a A$296-million, or $195-million, renewable energy project to be built at the St Ives mine, in Western Australia. The plant, comprising 42 MW of wind and 35 MW of solar capacity, will be the largest in the Gold Fields portfolio, to date, and will provide 73% of the electricity required by the operation.

Iron-ore slumped almost 5% — heading toward the $110 a ton mark — as disappointing demand in China left the market lumbered with bulging inventories. The steelmaking material has tumbled by almost a quarter from a peak in early January as China’s real estate and manufacturing activity remained under pressure. The annual National People’s Congress in Beijing, which concludes Monday, offered few prospects of a demand boost, and iron ore stockpiles at ports have ballooned to their highest in a year.

Chilean state-owned mining company Codelco said that a worker died in an accident on Friday afternoon at Radomiro Tomic copper mine in the country's north. Activities were suspended at the area of the mine where the accident occurred, the company said in a statement.

Vale CEO Eduardo Bartolomeo will retain his job through December while one of the world’s biggest mining companies conducts a search for a successor, according to people familiar with the matter. The outcome follows weeks of drama over the selection of Vale’s next leader amid mounting pressure from the Brazilian government to intervene in the succession process. The wrangling has put a spotlight on the government’s influence in the mining sector, even though the metals producer was privatized in 1997.

Copper production at Chile's top miners closed out January unevenly, with state giant Codelco slipping in the month, according to data released by the Chilean Copper Commission (Cochilco) on Friday. Codelco, the world's top copper producer, saw its production sink nearly 16% year-on-year to 107 000 metric tons, Cochilco said.