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Zijin, Nkwe launch Garatau platinum mineChina-headquartered Zijin Mining Group, through its South African subsidiary Nkwe Platinum, on May 13 announced the start of development at its Garatau platinum-group metals (PGMs) mine, in Limpopo. Boxcut development at the mine, which has an estimated mine life of 29 years, will start on May 28 and the company envisions decline shaft development to start towards the end of the year. Phase 1 will...2021/05/17
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Turns losses into a profit in six months, China invests in revitalizing a hundred-year-old mine in SerbiaThe city of Bol in eastern Serbia was prosperous in copper. Since a copper mine began in 1903, Bol, as a typical resource-based city, has embarked on a path of rapid development, dependent on rich mineral resources. Bol also suffered from copper. Due to delayed updating of technical equipment and lack of management, the Boer Copper Mine was on the verge of bankruptcy, and serious environmental deb...2021/04/02
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RANKED World’s top 10 copper projects(MINING.com Editor)-For decades, the global demand for copper has been rising steadily, having tripled over the past half-century, according to the International Copper Study Group. Demand for copper – a metal key to the green energy transition – is expected to keep rising over the coming years as emerging economies led by China continue to ramp up industrial activity. According to the (United Sta...2021/03/26
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Market value of top mining & metals companies climbed 2.7% in November, S&P reports(Kitco News) - The 25 largest metals and mining companies by market capitalization gained a median 2.7% in value in November, according to an S&P Global Market Intelligence analysis. The companies analyzed were worth a cumulative market value of $908.36 billion as of Dec. 1. The median value of the top metals and mining companies increased both month on month and year on year in November, with the...2020/12/10
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587 Guyanese re-employed at Aurora Gold MineSOME 587 Guyanese have been re-employed by Aurora Gold Mine after being laid off earlier this year, due to the pandemic. This was disclosed by Minister of Natural Resources, Vickram Bharrat, who visited the mining operations on Monday to recommission the company’s Processing Plant. “This is quite outstanding because at our first meeting a few months back, a few weeks after we took office, the comp...2020/11/30
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Zijin Planning Investments in Serbia Worth Over USD 3 BillionSunday, 22.11.2020.| 11:00, ekapija https://www.ekapija.com/en/news/3078818/zijin-planning-investments-in-serbia-worth-over-usd-3-billion The General Director of the majority owner of RTB Bor, the Serbia Zijin Copper company, Jian Ximing, announced that the Chinese company planned to invest USD 1.26 billion in Serbia. At the meeting with Serbian Minister of Mining and Energy Zorana Mihajlovic, he ...2020/11/23