The discovery was made at the Daro project, located in the Tigray Regional State of northern Ethiopia.
Europe Mining News
Russia makes a move to support sanctioned aluminium producer Rusal.
Social desirability is important enough for consumers to ignore that battery-powered technology is currently more expensive than internal combustion engines.
The inferred resource of 381 million tonnes was based on 98 diamond drill holes Eldorado completed mainly in 2017 and 2018 and a further 17 drill holes by European Goldfields between 2002 and 2004.
Britain's High Court quashed the government's rejection of the new mine on the grounds that the minister did not provide adequate evidence for his decision.
Dundas is the world's highest grade deposit of ilmenite. Bluejay expects an initial output of around 50,000 tonnes, which will increase to 300,000 tonnes per year.
A judge ruled that an appeal brought forward by a local resident had failed and confirmed planning consent for an underground gold mine.
An unnamed source told Reuters that the assailants were believed to belong to Nigerian jihadist group Boko Haram.
Given the tightness in zinc metal availability, smelter supply currently trumps mine supply.
Nornickel’s current capex plan includes $6.5-7.5 billion for its base investment programme and $2.5 billion for its environmental programme.
Both companies are seeking to position themselves as sustainable to boost their investor and customer appeal
CEFC had signed a deal to buy 14.2 percent of Rosneft from Qatar and Glencore when CEFC Chairman Ye Jianming was put under investigation by the Chinese authorities for suspected economic crimes.
"This constitutes a first step towards the production of novel electrodes for highly efficient solar cells and lights.”
It is expected that companies may choose to use the updated guidance starting January 1, 2019.
German automaker is also considering involvement in battery production.
The Germany-based fertilizer producer now forecasts earnings before interest, taxes, depreciation and amortisation (EBITDA) between 570 and 630 million euros, compared with previous forecast of 660 to 740 million euros.
The company said the expansion, to start in early 2019, would add an average 60,000 tonnes of copper a year to its production over the first 15 years of operation.
Budgets jumped about 19%, outpacing last year’s gain.
Swedish mining equipment maker Epiroc AB is aiming to electrify all its underground machines within five years.
Emden, Hanover and Zwickau will form the largest network for the production of electric vehicles in Europe.
The diamond industry must go beyond just lip service and meaningful measures to bring itself into line with international standards.
Sid Tipples, joint head of JPMorgan's metals business, will leave the bank around the end of the year.
In the past two years, Cat has been working on growing its offering, particularly in the underground segment, as well as filling up some gaps in terms of trucks sizes.
The agreement provides a considerable combined offering to the mineral exploration and mining market.