Could Covid-19 trigger a mining revolution?
Could Covid-19 start a mining revolution? At the height of the global economic and social disruption of the Covid-19 pandemic in early April, GlobalData's analysis showed that more than 1.600 mines had been temporarily shut down worldwide. While companies are still hesitant about the extent to which this has affected production, [...]
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Platinum metals continue to rise
Palladium hit a new all-time high on Friday amid ongoing concerns over supply from South Africa and the prospect of demand picking up in China. The Nymex palladium futures rose 1,5% to $ 1.636,60 in morning trading in New York before falling again. Palladium's 2019 annual earnings are over 40%, or $ 477 an ounce. [...]
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Worldwide demand for platinum increases 2019
Global platinum market surplus shrinks in 2019 amid strong investment demand Further ETF growth for platinum in second quarter after record growth in first quarter SA mining supply plus 1% yoy after one-time release of pipeline holdings Net income shrinks towards a balanced market in the wake of profits from investment demand The World Platinum Investment Council (WPIC) [...]
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New study by e-mobil BW reveals solutions for the raw material problem of electromobility
“We have to make the raw material upstream chains more sustainable for all technologies” The new study by e-mobil BW for the raw material requirements of battery-electric and fuel-cell electric vehicles has shown that the elements lithium, cobalt, platinum, nickel, the rare earth metals and copper due to their expected Significance for electric vehicles and their limited availability and substitutability should be classified as critical. Only with available, [...]
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Gold Fields: Production stable in the first quarter
Gold Fields: Production stable in the first quarter 18.04.2012-2012-XNUMX Johannesburg - Unlike AngloGold Ashanti and Harmony Gold, which had to accept production losses in the first quarter of XNUMX, the South African gold producer Gold Fields looks like this. At least the company was able to keep its gold output stable in the first quarter. As the South Africans announced, the gold production in the mentioned [...]
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Great Western Minerals: Steenkampskraal Shaft Rehabilitation Runs To Plan
Tuesday, August 30, 2011 Great Western Minerals: Steenkampskraal shaft rehabilitation going according to plan Great Western Minerals (CVE: GWG, OTC: GWMGF, FFT: GWM) announced that the rehabilitation of the previously producing shaft on the Steenkampskraal rare earth project in South Africa is good Is making progress and will be completed on schedule by the end of 2011. Company boss Jim Engdahl said: "The work is going exactly according to [...]
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Great Western Minerals Selects Subcontractor For Steenkampskraal Drilling Program
Thursday, September 08, 2011 Great Western Minerals Selects Subcontractor for Steenkampskraal Drill Program Great Western Minerals (CVE: GWG, OTC: GWMGF, FFT: GWM) has appointed Drillcorp Africa (Pty) Ltd as subcontractor for the proposed drilling program on the Steenkampskraal rare earth project in South Africa hired. The drilling program is expected to expand the project's resource from mid-September and, through the delivery of new geological [...]
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Great Western Minerals Makes Good Progress With Separation Plant At Steenkampskraal
Friday, September 30, 2011 Great Western Minerals Makes Good Progress With Separation Plant At Steenkampskraal Great Western Minerals (CVE: GWG, OTC: GWMGF, FFT: GWM) announced that work is on to build a separation plant on the Steenkampskraal rare earth project in South Africa make good progress. A team of experts from the joint venture partner Ganzhou Qiandong Rare Earth Group (GQD) will be in [...]
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Great Western Minerals Plant $ 15 million private placement
Great Western Minerals Plant C $ 15 Million Private Placement Great Western Minerals (CVE: GWG, OTC: GWMGF, FFT: GWM) plans to raise at least C $ 15 million in a private placement. The company has hired the financing from a broker syndicate led by Byron Capital Markets and Cormark Securities. The syndicate plans to issue a total of 23.810.000 shares at a price of C $ 0,63 each. [...]
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Great Western Minerals Appoints New Managers
Friday, November 04, 2011 Great Western Minerals Appoints New Managers Great Western Minerals (CVE: GWG, OTC: GWMGF, FFT: GWM) has appointed David Kennedy as chief executive for Rare Earth Extraction Co (Rareco). Daughter Rareco holds the title for the Steenkampskraal rare earth project in the Western Cape Province of South Africa. Kennedy is responsible for the development and operation of the [...]
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