Entries by enuseradmin

China now produces 56% of the world’s steel

Saturday, September 28, 2019 Chinese furnaces now produce 56% of the world’s steel despite pollution-related output cuts mandated by Beijing over the winter months and a slowdown in construction activity. This is due to blast furnaces in the rest of the world being idled, notably in Japan where August saw a 7.8% drop in crude […]

Global copper deficit deepens as Chile, Indonesia production drops

Wednesday, September 25, 2019 Chile’s production dropped 2.5% as heavy rains in the country’s north and lower grades weigh on the country’s outcome, the latest report by the International Copper Study Group (ICSG) shows. Indonesia’s copper concentrate output fell by a staggering 55% owing to the transition of Grasberg into block caving and the Batu […]

Osisko Gold grabs Barkerville, creates North Spirit Discovery

Tuesday, September 24, 2019 The Montreal-based miner said each Barkerville shareholder would receive 0.0357 common share of Osisko for each share of Barkerville held, implying a value of C$0.58/share, based on Osisko’s Sept. 20 closing price on the Toronto Stock Exchange. The deal gives it access to Barkerville’s touted Cariboo gold project in British Columbia, […]

Canadian student discovers new mineral inside a diamond

Monday, September 23, 2019 The mineral is named goldschmidtite in honour of Victor Moritz Goldschmidt, the founder of modern geochemistry. According to Nicole Meyer, the graduate student in the Diamond Exploration Research and Training School that discovered the rock, it has an unusual chemical signature for a mineral from Earth’s mantle. “Goldschmidtite has high concentrations […]

Chile taps China, Japan in lithium-for-tech push; faces tough sell

Wednesday, September 18, 2019 The South American country, the world’s No. 2 lithium producer, has held global road shows ahead of a second lithium-for-investment tender, according to officials and Chilean government documents seen by Reuters. These have attracted dozens of firms in China, Japanese battery makers like Toshiba Corp and Russia’s state nuclear agency Rosatom, […]

NICICO Produced the Highest Number of Copper Cathode in Iran

Sunday, September 15, 2019 According to Mining News Pro – CEO of National Iranian Copper Industries Company (NICICO) announced the production of 110 thousand tons of copper cathode. Ardeshir Sadmohammadi said that the company plans to raise the capacity of Khatoun Abad melting factory. “Fortunately, we produced 110 thousand tons of copper cathode which is […]

Excelsior to deliver first copper production from Arizona by year-end

Thursday, August 29, 2019 The building of the two-mile high-density polyethylene pipeline corridor connecting the Johnson Camp Mine processing facility to the production wellfield began in January. “We are now more than 90% finished in terms of the entire construction process, and we look forward to completing the remaining elements over the next month,” Stephen […]

Glencore commits $45 million to restart First Cobalt refinery in Canada

Tuesday, August 27, 2019 Glencore said that once a definitive feasibility study for the expansion is completed, which is expected to happen in early 2020, it would invest another $40 million into recommissioning and expanding the refinery, located 600 km from the US border. Once operational, the facility will be North America’s only producer of […]

This is why lithium batteries fail

Monday, August 26, 2019 This is what researchers at the University of California San Diego found after developing a technique to measure the amounts of inactive lithium species on the anode and studying their micro- and nanostructures. In detail, they added water to a sealed flask containing a sample of inactive lithium that formed on […]