by Gordon Barratt | Nov 29, 2021 | News
Police in Siberia said on Friday they had arrested two state safety inspectors suspected of criminal negligence leading to loss of life as Russia’s coal mining heartland mourned one of its worst disasters since Soviet times. A gas leak in a coal mine in the...
by Gordon Barratt | Nov 29, 2021 | News
Image: Schlam Schlam has been awarded a multi-million-dollar contract to supply its new and improved Hercules dump body to BHP Minerals Australia. The tender will see mining products and services provider Schlam continue to supply dump bodies to BHP West Australia...
by Gordon Barratt | Nov 29, 2021 | News
Australian gold mine production declined in the third quarter of 2021, according to Melbourne consulting group Surbiton Associates, allowing China to return as the top gold producing country in the world. In the September quarter, Australia produced 77 tonnes of...
by Gordon Barratt | Nov 26, 2021 | News
Mineral exploration and development company Cornish Lithium has landed its first investment from a financial institution, with technology metals investor TechMet putting £18-million into the UK company. TechMet, founded by British-South African metals...
by Gordon Barratt | Nov 26, 2021 | News
London copper prices fell as a newly identified Covid-19 variant in South Africa and expectations of faster-than-expected US rate hikes fuelled concerns of an economic slowdown. Three-month copper on the London Metal Exchange dipped 0.6% to $9 741 a tonne by 02:50...
by Gordon Barratt | Nov 26, 2021 | News
The feasibility study of the Hot Maden copper/gold project, in Turkey, has yielded robust results, with an after tax net present value (NPV) of $1.05-billion and an internal rate of return of 36%. NYSE- and TSX-listed Sandstorm Gold, which has a 30% interest in the...