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Company completes smelter welding project
Published: 14 Jul 19
South Africa-based foundry and engineering company, Thos Begbie, successfully, and timeously delivered erosion-resistant copper coolers, which are being installed, to a smelter in Southern Africa. Thos Begbie started the project in March this year and delivered the coolers at the end of April, Thos Begbie sales engineer Esli Bantjes tells Engineering News.
Strike ends at Chile's Chuquicamata copper mine after vote on Codelco offer
Published: 28 Jun 19
The three main labor unions at Chile's Chuquicamata mine voted on Thursday to accept the latest contract offer from Codelco, the world's largest copper producer, ending a two-week-old strike that had docked output at the sprawling copper deposit. The unions, which make up 80% of the workforce at the mine, had rejected Codelco's offer on Saturday, but asked the state miner for another chance to vote on the proposal this week.
Wieland SA
Published: 28 Jun 19
Wieland SA celebrates 45 years of supplying high-quality, semi-finished copper and copper alloy products to the local and export markets.
Alaska mine with $100bn lode to get lifeline from Trump EPA
Published: 26 Jun 19
The Trump administration is throwing a lifeline to the massive Pebble mine planned near Alaska’s Bristol Bay, as regulators move toward undoing Obama-era environmental restrictions that have thwarted the project. The Environmental Protection Agency (EPA) will resume considering on Wednesday whether to withdraw the proposed water pollution restrictions that have effectively stalled the project since they were outlined in 2014, said a senior EPA official who asked for anonymity to discuss the matter before it is public. Reconsidering the issue – after a year-and-a-half hiatus – is a necessary prelude to the EPA officially lifting the restrictions later.
‘Platinum Valley’ SEZ in three months – Patel
Published: 26 Jun 19
The legal entity for the Bojanala Platinum Valley Special Economic Zone (SEZ) in North West, which already has an investment pipeline in place, will be set up in the next three months, Trade and Industry Minister Ebrahim Patel promised on Tuesday evening. Fuel cell development is listed as the main focus of the Platinum Valley SEZ, which has also been earmarked for platinum recycling and additional autocatalyst manufacture.
Zaldivar mine asks for more time to answer questions amid Atacama water concerns
Published: 26 Jun 19
Chilean copper miner Antofagasta said on Tuesday it would ask regulators for more time to answer questions about an environmental impact study for its Zaldivar mine, which draws water from Chile's lithium-rich Atacama salt flat. Chilean regulators last year delayed their review of Zaldivar's environmental study amid rising concerns over dwindling water supplies at Atacama. Regulators recently reopened the process.
Major Drill Targets Confirmed at Haneti Nickel Project Has PDF
Published: 26 Jun 19
Katoro Gold PLC, the Tanzanian focused exploration and development company, is pleased to provide an update in respect of its 75% owned Haneti Nickel Project (‘Haneti’ or the ‘Project’) in Tanzania.   Highlights Indications that Haneti could host a chonolith type nickel sulphide deposit following review and analysis of all historic work
Citic Metal receives internal approvals to complete investment in Ivanhoe
Published: 25 Jun 19
China's Citic Metal has confirmed to Ivanhoe Mines that it has received the necessary internal approvals for its subsidiary Citic Metal Africa to complete its second investment in the TSX-listed miner for an additional C$612-million, or $464-million. This investment will be Citic’s second major financing in less than a year, bringing its total investment in Ivanhoe to about $1-billion.
Rio Tinto removed from Norway blacklist after selling polluting mine
Published: 25 Jun 19
Norway’s $1-trillion wealth fund has removed Rio Tinto from its investing blacklist after the world’s second-biggest miner sold out of the controversial Grasberg mine in Indonesia. Norway has refused to buy Rio Tinto stock for more than a decade because of the environmental damage caused by one of the world’s biggest copper and gold projects. Today, after a recommendation from its Council on Ethics, the fund said it had revoked that exclusion.
Glencore cuts out agents and dealmakers as scrutiny grows
Published: 25 Jun 19
Glencore is cutting out many of its intermediaries – the agents and dealmakers once essential to cracking the toughest markets – amid growing scrutiny of its operations around the world. Under pressure from its compliance division, Glencore is dismantling much of its global network of trading agents, according to people familiar with the situation. To continue operating, the company is setting up teams in some countries, said the people, asking not to be named as the matter is private. In other places, Glencore is still using agents who pass strict compliance tests and have a clear role.
 
 
 

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