E-haul trucks could result in major savings for miners but adoption is slow
A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the replacement of diesel with cheaper electricity, as these vehicles have the most intensive duty cycles of any vehicle in a mine.
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Visit: 41
LME targets Hong Kong as option for warehouse expansion
The London Metal Exchange (LME) is studying Hong Kong as a location to expand its global metal warehouse network, five sources with knowledge of the matter said, hopeful success there might open the door to mainland China, its ultimate target.
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Visit: 171
Caledonia explores funding options to build Zimbabwe’s biggest gold mine
Mining News Pro - Caledonia Mining Corp is exploring options to raise $250 million needed to develop its Bilboes project into what could be Zimbabwe’s biggest gold mine.
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Visit: 197
The hottest trade in equity options is spreading to commodities
Mining News Pro - Commodity investors are following a hot trend in equities trading, using short-term options to bet on events from jobs and crop reports to OPEC meetings.
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Visit: 113
World’s second-largest steel producer India to also become its most responsible through green steel adoption, says Jyotiraditya Scindia
Mining News Pro - The steel minister indicated the country may be looking at making it compulsory for steelmakers to dedicate a certain percentage of their capacity to green steel as well as encouraging its usage in government projects.
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Visit: 452
Canadian lithium juniors assess legal options after Chinese investors ordered to divest
Mining News Pro - The third Chinese company ordered to divest its equity stakes in Canadian companies is Chengze Lithium International Ltd., which has investments in Lithium Chile Inc.(TSX-V: LITH), headquartered in Calgary.
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Visit: 351
Fortune Minerals extends purchase option on Alberta refinery site for NICO project
Mining News Pro - Fortune Minerals has further extended its purchase option on the JFSL Field Services ULC brownfield site in Lamont County, Alberta, where it plans to build a hydrometallurgical refinery for the company’s vertically integrated NICO critical minerals project.
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Visit: 589
Kenorland Minerals options Alaska copper project to Antofagasta
Mining News Pro - Canadian junior Kenorland Minerals (TSX-V: KLD) has inked an earn-in agreement with Antofagasta (LON: ANTO) that gives the Chilean miner an option to acquire a 70% interest in the Tanacross copper-gold project in Alaska.
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Visit: 381
Sanctioned Russian nickel could slow global EV adoption
Mining News Pro - Sanctioning Russian nickel will slow the adoption of electric vehicles (EVs) and hinder the decarbonization of Western economies, according to a new report from GlobalData.
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Visit: 555
Latin Metals inks option agreement with Barrick Gold for Argentina properties
Mining News Pro - A wholly owned subsidiary of Barrick Gold has signed an option agreement to acquire up to an 85% interest in Latin Metals’ Cerro Bayo, Cerro Bayo Sur and La Flora properties in Argentina’s Santa Cruz province.
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Visit: 399
Adoption of renewables still too slow to limit climate crisis
Mining News Pro - Growth in renewable energy is set to hit an all-time record this year, but is still falling “well short” of what is necessary to reach net zero emissions by 2050, the International Energy Agency said on Wednesday.
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Visit: 756
The charging infrastructure needed to boost EV adoption
Mining News Pro - In a new insight published by McKinsey & Company, Frank Mühlon, president of the e-mobility division of ABB, and Giovanni Palazzo, president and CEO of Electrify America, said that nowadays the number-one concern when it comes to the adoption of electric vehicles is whether adequate charging infrastructure is in place or not.
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Visit: 392
While China will continue to use rare earths in EVs, Europe may be trying different options
Mining News Pro - A new report by IDTechEx anticipates China continuing to use permanent magnet motors in its EVs but Europe making efforts to decrease the utilization of magnetic materials and especially heavy rare-earths.
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Visit: 425
Harmony re-engineering portfolio, deleveraging balance sheet, creating optionality
Mining News Pro - Harmony Gold is at a very exciting point as it pivots in a new portfolio-enhancing direction and sheds costs at the same time, says Harmony investor relations head Jared Coetzer.
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Visit: 339
Barrick options South Uchi project from Kenorland Minerals
Mining News Pro - Kenorland Minerals announced on Monday that it has entered into a property option agreement with Barrick Gold with respect to the company’s South Uchi project in Ontario.
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Visit: 359
Alemlube hose reels present a safer option
Mining News Pro - Alemlube has launched its new HR90000 series, providing a more durable and functional hose reel for mine sites.
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Visit: 285
Fenner Dunlop offers new mobile option for conveyor maintenance
Conveyor belt company Fenner Dunlop has introduced the iBelt mobile Beltguage to accurately monitor the wear and tear of its conveyors in a greater range of environments.
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Visit: 256
Rio and POSCO join forces on low-carbon options
Mining News Pro - Major Rio Tinto has signed a memorandum of understanding (MoU) with South Korean steel major POSCO to jointly explore, develop and demonstrate technologies to transition to a low carbon emission steel value chain.
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Visit: 739
Phoenix takes option on Newfoundland copper/zinc mine
Mining News Pro - Phoenix Gold has entered into an option agreement to acquire a past producing copper and zinc mine in Newfoundland.
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Visit: 639
Upskilling needs careful thought amid rapid tech adoption in mining industry
Mining News Pro - Despite the negative impacts that Covid-19 has brought to the world, it has also had positive impacts, such as the acceleration of Fourth Industrial Revolution- (4IR-) type technology adoption, particularly in the mining industry.
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Visit: 889
Caledonia secures an option over another gold prospect in the Zimbabwe Midlands
Mining News Pro - American-listed Caledonia Mining Corporation announces that, in addition to having entered into an option agreement over the Glen Hume project, in Zimbabwe, earlier this months, it has entered into another option agreement in respect of an additional area in Zimbabwe.
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Visit: 638
Kirkland Lake enters option on Wallbridge property
Mining News Pro - Kirkland Lake Gold (TSX: KL) has finalized an option agreement with respect to Wallbridge Mining’s Detour East property, located about 11 km east of the Detour Lake gold mine. The companies had previously signed a non-binding term sheet for a joint venture on the property.
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Visit: 597
Australian Vanadium extends Geraldton processing plant land option
Mining News Pro - Australian Vanadium has added one year to an agreement that would see the processing plant for its namesake project based near Geraldton in Western Australia.
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Visit: 832
B2Gold terminates earn-in option on Galane properties
Mining News Pro - Gold junior Galane Gold says Canadian miner B2Gold has terminated the earn-in option agreement relating to certain exploration properties in Botswana, after none of the targets identified met the size criteria of the larger miner.
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Visit: 621
Novo exercises its Malmsbury option
Mining News Pro - Gold explorer Novo Resources has exercised its option over ASX-listed GBM Resource’s Malmsbury gold project, in the Victorian Goldfields.
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Visit: 622