The Chilean mining company Mantos Copper receives 250 million dollars.
Chilean mining company Mantos Copper receives $ 250 million. Chilean private copper producer Mantos Copper has received $ 250 million to finance the expansion of the sulphide concentrator at its Mantos Blancos operation, which will extend the mine's life through 2035 and reduce costs. This includes a loan of US $ 150 million [...]
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Barrick does not push for the sale of Tongon, Massawa, but is open to negotiations
Barrick Gold Corp (ABX.TO) (GOLD.N) does not actively want to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal, but is considering several options for both, Chief Executive Mark Bristow told Reuters Monday. “We don't have a sales sign,” Bristow said in an interview in Toronto. "We spend a lot of exploration money to prolong Tongon's life." The [...]
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Glencore Semi-Annual Report 2019
Highlights Glencore's Chief Executive Officer Ivan Glasenberg stated, “Our performance in the first half reflected a challenging economic environment for our raw material mix, as well as operating and cost reductions in our start-up / development assets. Adjusted EBITDA decreased 32% to $ 5,6 billion. “The rest of our business, however, stayed strong and performed well. Without [...]
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Sweden relies on South American resources to ensure lithium supply
Jul 26.07.2019, XNUMX - The Swedish government also warned of China's growing dominance in the ore market. Sweden has Peru and other countries with large lithium reserves in South America in view of a global race in which the industrialized nations want to ensure the supply of batteries for electric vehicles. The Vice Foreign Minister, Johansson, of the Scandinavian country who visited Peru last month said [...]
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China trades in rare earth exports to reduce trade pressure with the United States
Jul 17.07.2019, XNUMX - The China National Development and Reform Commission held its regular press conference earlier this week, at which it highlighted the importance of the rare earth industry and outlined possible industrial development strategies in this regard, which will be published later. It was also mentioned that in the context of the Sino-US trade crisis, China was critical of trade pressures from countries
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Finest raw material particles - from the bubble bath (back) win
Critical raw materials such as copper, cobalt or rare earths often appear in their deposits as increasingly smaller ore grains. This means that they are too small for the usual separation by flotation. The FineFuture project partners now want to research the flotation of very fine mineral particles and develop new technological solutions for it. Rising prices and growing global demand for [...]
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Location Norway: New business opportunities for German companies
Innovation Norway and the German-Norwegian Chamber of Commerce cordially invite you to an information event about business opportunities in Norway: Date & place: June 14, 2016 in Munich, Haus der Bayerischen Wirtschaft During the event, you will meet national experts who will provide information about Norway as a business location particularly address the attractive energy situation. Representatives from leading industries and clusters will [...]
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GERMAN RESOURCE AG: ALMONTY INDUSTRIES CONVERTIBLE CONVERTIBLE DRAWN ABOVE 4 MILLION CANADIAN DOLLARS
Completion of the merger of Almonty with Woulfe / total financing CAD 7,78 million September 11, 2015 Heidelberg / Toronto. Almonty Industries announced today that the merger with Woulfe Mining has been successfully completed. At the same time, the company closed a $ 7,78 million financing. As part of this financing, Deutsche Rohstoff AG subscribed to a convertible bond in the amount of [...]
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Successful Chile trip for mining companies
A forum with around 200 participants in Santiago was the highlight of a business trip for German companies that led to Chile from June 29th to July 3rd. The topic of the forum was process optimization in mining: machines, conveyor technology and automation. The German participants had the opportunity to exchange ideas with representatives of Chilean and international mining and [...]
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DEUTSCHE ROHSTOFF AG: ALMONTY ANNOUNCES FUSION AGREEMENT WITH WOULFE MINING
Woulfe Management recommends that shareholders accept the Heidelberg offer. Almonty Industries, a subsidiary of Deutsche Rohstoff AG, today signed a merger agreement with Woulfe Mining Corp. announced. The agreement provides for all Woulfe shares to be exchanged for Almonty shares, subject to the approval of the Toronto Stock Exchange Commission (TSX), the Supreme Court of British Columbia and a [...]
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