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Mining for asteroids will be the next gold rush

March 09, 2018 / dlvr.it

Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More

Biggest Ghana mining union plans protests over gold fields jobs

March 09, 2018 / dlvr.it

Gold Fields Ltd.'s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine.Read full newsRead More

Why Harmony Gold Mining Co.'s Stock Soared More Than 20% in February

March 09, 2018 / dlvr.it

The gold miner reported a big jump in profits.Read full newsRead More

Mining for asteroids will be the next gold rush

March 09, 2018 / dlvr.it

Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More

Untapped Gold Mine is Lost From end-of-Life Vehicles

March 09, 2018 / dlvr.it

Vast quantities of scarce metals are being lost from Europe's urban mine of vehicles, including 20 tons of gold each year-and the proportion of critical metals in vehicles is continuing to increase.Read full newsRead More

.@jpmorgan's Daniel Pinto - "if there is a correction, it could be a deep correction":

March 09, 2018 / bit.ly

As the American stock market anxiously waits for answers about tariffs and interest rates, Daniel Pinto predicts a substantial correction is on its way.Read full newsRead More

Gold Resource Corporation Fourth Quarter and Year-End Conference Call

March 09, 2018 / bit.ly

Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced the timing of its 2017 fourth quarter and year-end earnings conference call scheduled for Friday, March 9, 2018.Read full newsRead More

Carube Copper Increases Private Placement Offering to a Maximum of $3 Million

March 09, 2018 / bit.ly

Carube Copper Corp. (TSXV:CUC) (the 'Company') is pleased to announce that the Company has increased the maximum amount of its private placement financing from $1.2M to $3.0M.Read full newsRead More

Antofagasta's Los Pelambres copper mine workers vote to strike

March 09, 2018 / www.mining.com

Unionized workers at Antofagasta's (LON:ANTO) Los Pelambres copper mine in Chile voted to strike Friday after rejecting the company's latest offer for a collective labour agreement."Around 99% of the voting workers voted in favour of a legal strike," Federaci??n Minera de Chile treasurer Dino Saltori said in a statement (in Spanish), adding the union has 447 members.The stoppage will be the first...Read More

Indonesia to lead nickel production: BMI

March 09, 2018 / www.mining.com

A new report released by BMI Research states that global nickel ore production growth will continue to accelerate in 2018 as major producer countries see a recovery in production levels following subdued output in 2017."We forecast world nickel production to grow by an annual average rate of 3.5% over 2018-2027, slightly slower than the 3.5% average rates achieved during 2008-2017, which were boos...Read More

South African diamond provides new clues on Earth's internal processes

March 09, 2018 / www.mining.com

A multidisciplinary and multiethnic team of scientists just published a paper in Nature where they explain the implications of having found calcium silicate perovskites contained within a tiny South African diamond.The gem was dug from the Cullinan mine, located 40 kilometres east of Pretoria, where the world's largest rough diamond was found in 1905. The mine was also the source of two of the lar...Read More

Chile files complaint to block sale of SQM shares to Chinese companies

March 09, 2018 / www.mining.com

SANTIAGO (Reuters) - Chile's government has asked antitrust regulators to block the sale of a stake in lithium company SQM to a Chinese company on the grounds the sale would give China an unfair advantage in the global race to secure resources to develop electric vehicles, according to a document seen by Reuters.Chile development agency Corfo, which oversees SQM's lithium leases in the Salar de At...Read More

Chile says companies to invest $754 mln in lithium industry

March 09, 2018 / www.mining.com

SANTIAGO, March 9 (Reuters) - Chile's development agency Corfo said on Friday that companies from China and South Korea, as well as Chile, had been approved to make investments of around $754 million in the red-hot lithium industry.The companies selected in a bidding process to develop technology focused on the lithium market were Chile's Molymet and China's Sichuan Fulin Industrial Group, a joint...Read More

Congo's Kabila signs into law new mining code

March 09, 2018 / www.mining.com

DAKAR, March 9 (Reuters) - Democratic Republic of Congo President Joseph Kabila signed into law on Friday a new mining code that raises royalties and taxes on operators, the presidency said in a statement.International mining companies that operate in Congo, Africa's top copper producer, have vigorously opposed the new law, although Kabila pledged this week to work with them while implementing it....Read More

LME rethinks cobalt contract for electric vehicle sector

March 09, 2018 / www.mining.com

LONDON, March 9 (Reuters) - The London Metal Exchange has abandoned plans for a cobalt sulphate contract for the electric vehicle battery supply chain because pricing for the chemical has historically been based on the metal it is derived from, cobalt industry sources said.The exchange is instead looking at offering a cash-settled cobalt metal contract, which will trade alongside its physically de...Read More

SQM talks down lithium oversupply, says market to grow 80% a year

March 01, 2018 / www.mining.com

Chile's Chemical and Mining Society (SQM), one of the world's largest lithium producer, said global demand for the white metal, a key ingredient in the making of batteries that power electric vehicles, will continue to grow at rate of roughly 80% annually in the next five years.According to chief executive officer Patricio de Solminihac, the world will need at least 50,000 tonnes of lithium a yea...Read More

Toyota to make cheaper electric motors by halving use of rare earths

February 20, 2018 / www.mining.com

Toyota Motor Corp, Asia's No.1 carmaker, has found a way to make electric vehicles (EVs) more affordable and less vulnerable to shortages in supply of the key elements needed to produce the rechargeable batteries that power them.The key for such new wave of EVs is a magnet for electric motors developed by the Japanese firm, which halves the use of a rare earth called neodymium and eliminates the u...Read More

Soaring cobalt prices force Samsung SDI to mine metal from old phones

February 12, 2018 / www.mining.com

Samsung SDI, South Korea's leading battery maker, has unveiled plans to recycle cobalt from used mobile phones and develop lithium-ion batteries with minimum content of the metal, or no cobalt at all, as a way to offset soaring prices for the silver-grey commodity.Carmakers are scrambling to secure supply of cobalt, a key ingredient in lithium-ion batteries that power electric vehicles, which pric...Read More

These are top-10 global mining trends expected for 2018

January 31, 2018 / www.mining.com

To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More

Canadian junior plunges ahead with three cobalt projects in B.C.

January 08, 2018 / www.mining.com

Canada's Cruz Cobalt (TSX-V:CUZ) plans to go all in at its projects in North America in 2018, particularly at its three British Columbia-based properties, as the junior miner bets on the growing demand for ethically sourced cobalt, a key ingredient in the batteries used in electric vehicles."We plan to be active on all of our Canadian and US cobalt projects in 2018," the company's president James...Read More

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