Entries by enuseradmin

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 […]

Desert completes buyout of Ashanti Gold

Saturday, August 24, 2019 – 10:59:17 AM In a media statement, Desert said that each shareholder of Ashanti will receive 0.2857 Desert Gold shares for each Ashanti share held. In parallel, 21,097,657 Desert Gold shares were issued to Ashanti shareholders. The buyout increases Desert’s land position along and near the Senegal-Mali Shear Zone and Main […]

Ivanhoe, CITIC complete second major financing for Congo mines

Saturday, August 17, 2019 The financing, part of long-term strategic cooperation between the two companies, brings CITIC’s investment in Ivanhoe to more than $1 billion. Another Chinese firm, Zijin Mining Group — which became Ivanhoe’s partner four years ago — exercised its anti-dilution rights in May, generating additional proceeds for the Vancouver-based miner of C$67 […]

Platinum giant wants in on batteries to ease electric car threat

Wednesday, August 14, 2019 Anglo American Platinum Ltd. wants to develop a lithium battery that uses platinum-group metals instead of cobalt and nickel. The aim is to create a new multi-billion dollar source of demand for the metals as electric vehicles reduce the need for traditional fuel autocatalysts. Platinum miners have good reason to be […]

BHP boosts nickel reserves by 77%, gears up for EV market

Tuesday, August 6, 2019 Nickel West contributes just a fraction to BHP’s profit, accounting for just $42 million of underlying earnings in the December half-year, compared with $3.5 billion from its iron ore unit. After years on the block, BHP declared its nickel business core in May on the back of promising demand expectations from […]

Bacteria could be used to mine iron in space

Monday, August 5, 2019 Even though biomining is already a reality on Earth, with 15% of the planet’s copper and 5% of the gold extracted using this method, researchers Luis Zea and Jesse Colangelo want to investigate the performance of the bacterium Shewanella oneidensis for the extraction of iron from lunar, Martian and asteroid regolith […]