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High Court justices grapple with Virginia uranium-mining ban
Published: 05 Nov 18
US Supreme Court justices grappled with a Virginia law that bans mining at the nation’s largest known uranium deposit, weighing a challenge pressed by the owners of the property with help from the Trump administration. Hearing arguments in Washington, the justices considered whether Virginia’s uranium-mining ban runs afoul of the US Atomic Energy Act, a 1954 law that gives federal regulators power over nuclear safety.
Copper, gold mines now likely cheaper to construct than to buy
Published: 05 Nov 18
The cost of building a copper or gold mine is likely to be cheaper than buying an existing one, dampening the prospect of big merger activity in the mining sector, S&P Global Market Intelligence said, citing in-house research. Data shared with Reuters support comments from major miners, including BHP and Rio Tinto, which say their strategy is to build or to "smart buy", if they can possibly find a suitable mine for sale at the right price or acquire part of a promising prospect.
After Alaska's 'Burning Man for salmon', fishermen wary of mine proposal outcome After Alaska's 'Burning Man for salmon', fishermen wary of mine proposal outcome
Published: 05 Nov 18
As the commercial fishermen who ply salmon-rich, southwestern Alaska pack away their fishing gear for the winter, many are watching anxiously as a controversial mine proposal moves through the federal permitting process. On Tuesday, Alaskans will vote on an initiative that, if passed, would set stricter regulations for proposed infrastructure projects that affect salmon habitats.
Anglo American recommits to sustainable development goals, sets milestones for 2020, 2030 Anglo American recommits to sustainable development goals, sets milestones for 2020, 2030 Has Video
Published: 05 Nov 18
The mining industry has to address the critical challenges of safety, productivity and the way land is used, as well as how energy and water are consumed as, alongside a growing population, there is greater demand for minerals and metals. However, meeting the growing demand for the materials that are essential to human progress, is “more than just the work that we do and the footprint we leave,” diversified miner Anglo American South Africa (AASA) executive head Andile Sangqu said on Monday.
Barrick in talks with Newmont to combine Nevada gold operations – source Barrick in talks with Newmont to combine Nevada gold operations – source
Published: 05 Nov 18
Barrick Gold, which is being formed by Barrick's $6.1-billion takeover of Randgold Resources, is in talks with Newmont Mining to combine their Nevada gold mining operations, sources told Reuters. Last month's tie-up between Barrick and Africa-focused Randgold Resources revived speculation about a joint venture between Newmont and Barrick in Nevada, something the two mining firms had explored in 2014 without reaching a deal.
Zimbabwe targets $12bn from mineral exports in five years
Published: 05 Nov 18
Zimbabwe expects to earn $12-billion a year from mineral exports by 2023, Mines Minister Winston Chitando said. Mineral production is expected to be boosted by increased output at Anglo American Platinum’s Unki Mine and Impala Platinum Holdings’s Mimosa project, which have submitted expansion plans to the government, Chitando told lawmakers Monday in the capital, Harare.
Master Drilling diversifies, expands through new JV in Italy
Published: 05 Nov 18
JSE-listed Master Drilling has entered into a joint venture (JV) with Italian construction company Ghella, to establish a new Italy-based company called TunnelPro. TunnelPro will pursue tunnel boring projects in the smaller scope civil construction and broader mining industries, while also offering select product supply and professional services to industry third parties.
Infinity seeks strategic partner for Spain lithium project
Published: 05 Nov 18
Project developer Infinity Lithium, formerly Plymouth Minerals, is scouting for a strategic partner for its lithium project in Spain, or to enter into a corporate transaction that “builds shareholder value”, MD and CEO Ryan Parkin said on Monday. In a shareholder email, he said the ASX-listed company was nearing the completion of a scoping study for lithium hydroxide at San Jose, which would assist in determining the progression of the feasibility study to either a lithium carbonate or hydroxide battery chemical product.
Zimbabwe to announce winning bidders for mining assets in two weeks
Published: 05 Nov 18
Zimbabwe will announce in two weeks the successful bidders for assets owned by state-owned mining company ZMDC, including gold mines, the mines minister said on Monday, adding more companies would be put on sale at the end of November. Selling struggling State-owned companies, known locally as parastatals, is part of President Emmerson Mnangagwa's wider reforms to cut government expenditure.
Galantas ships first concentrate from Omagh underground
Published: 05 Nov 18
Gold mine developer and explorer Galantas Gold has sent off the first consignment of concentrate derived from underground feedstock from the Omagh gold mine, in Northern Ireland, the company announced on Monday, The shipment of 25 t was produced from underground development on the Kearney vein and will be shipped to Glencore’s New Brunswick smelter.
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