Johannesburg, South Africa
Johannesburg, South Africa

Time filter

Source Type

LONDRES--(BUSINESS WIRE)--OPALO, una concesión minera de oro en Chile, con reservas inferidas cercanas en los 7 millones de onzas, ha sido recientemente adquirida por un grupo Ruso dirigido por Rauf Kasumov. La compra de OPALO fue ejecutada en el consulado chileno en Moscú. En las últimas décadas, Chile se ha convertido en un destino preferido para la industria minera. Compañías como BHP Billiton, Anglo American, Freeport McMoran y Barrick Gold operan en la zona. Entre las gestiones empresarial


LONDON--(BUSINESS WIRE)--OPALO, a fully registered gold concession in Chile, comprising a property with inferred gold resources of close to 7 million ounces, was recently acquired by a Russian management group led by Rauf Kasumov. The OPALO transaction was executed at the Chilean consulate in Moscow. In the last decades, Chile has been a preferred destination for international mining companies such as BHP Billiton, Anglo American, Freeport McMoran and Barrick Gold. Among Mr. Kasumov’s successful professional endeavours is his key role participation in the construction of Akkuyu Nuclear Plant in Turkey, the largest investment to date in the country. UFP Capital SA (“UFP”), a subsidiary of United First Partners, a global special situations group, is acting as the exclusive advisor of Mr. Kasumov. UFP will entertain discussions with relevant industrial and financial partners in the near term to prepare a coherent value creation plan for OPALO.


News Article | May 4, 2017
Site: www.mining-journal.com

Technological innovation is the key to future sustainability for the mining sector, Tony O’Neill, group director technical at Anglo American (LON:AAL) told delegates during his keynote speech at the 5th Current Trends in Mining Finance conference organised by the New York section of the Society for Mining, Metallurgy and Exploration.


News Article | May 8, 2017
Site: www.mining-journal.com

Falls in iron ore, nickel and copper prices last week weighed heavily on global mining majors, with nine of the top 10 by market capitalisation losing substantial ground. Anglo American (LN:AAL) was the hardest hit, tumbling 6.9% for the week, followed by Vale SA (BZ:VALE5), down 5%, and Glencore (LN:GLEN) close behind with a loss of 4.8%. Glencore’s trading arm improvements weren’t enough to distract the market from its disappointing March production figures. The iron ore price hit a six-month low on Friday and copper also fell during the week, both due to oversupply issues. Iron ore 62% fines have fallen 28.04% over the past month, while copper is down 5.23% for the same period. The nickel price dropped last week as the Philippines vetoed Gina Lopez’s appointment as environment secretary, with analysts expecting the country’s numerous mine closures and suspensions to be unwound. The spot gold price also shed about US$30 an ounce over the course of the week, which included better than expected US jobs data and no change in US interest rates. It rose slightly today to US$1,229.40/oz as bargain hunters moved in. Coal India (IN:COAL) was the only major to enjoy a good week, up 1.7%, helping to reverse last month’s losses. The state-run coal miner is reportedly considering a listing on the London Stock Exchange.


News Article | May 8, 2017
Site: marketersmedia.com

— Global Dicalcium Phosphate Market 2012- 2022 Report provides detailed analysis of market in 9 chapters with required tables and figures. Applications covered in this report are Animal Feed Industry, Fertilizer Industry and Food Industry. This report also provides key analysis for the geographical regions like Europe, North America, China, Japan & Korea. Companies like Potashcorp, Ocp, Anglo American, Ecophos, Timab, Vale Fertilizers, J.R. Simplot, Kemapco, Innophos, Lomon Group, Jindi Chemical, Yunnan Copper Shengwei Chemical, Lu Feng Tian Bao, Sanjia, Yunnan Xinlong, Kunming Chuan Jin Nuo Chemical, Sinochem Yunlong, Mianzhu Panlong Mineral, Guizhou Cp Group, Sichuan Hongda and more are profiled in this report providing information on sale, price, sales regions, products and overview. Purchase a copy of this report at: https://www.themarketreports.com/report/buy-now/502078 Table of Contents: 1 Market Overview 1.1 Objectives of Research 1.2 Market Segment 2 Industry Chain 2.1 Industry Chain Structure 2.2 Upstream 2.3 Market 3 Environmental Analysis 3.1 Policy 3.2 Economic 3.3 Technology 3.4 Market Entry 4 Major Vendors 5 Market/Vendors Distribution 5.1 Regional Distribution 5.2 Product and Application 6 Regions Market 6.1 Global 6.2 Europe 6.3 North America 6.4 China 6.5 Japan & Korea 6.6 Trade 7 Forecast 7.1 Market Trends 7.2 Segment Forecast 8 Marketing Overview 8.1 Ex-factory Price 8.2 Buyer Price 8.3 Price Factors 8.4 Marketing Channel 9 Conclusion Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/502078 For more information, please visit https://www.themarketreports.com/report/global-dicalcium-phosphate-market-research-2011-2022


News Article | May 5, 2017
Site: www.engineeringnews.co.za

JOHANNESBURG (miningweekly.com) – This week’s precipitous platinum price plunge to as low as $893/oz is putting the entire platinum industry at risk, making it essential that steady hands are placed on the tiller to ensure that a national patrimony is protected. While the entire industry has been accepting a lower-for-longer price environment, few will be able to sustain the latest decimation of the price. The expectation along many industry corridors has been that the price trend would more likely head upwards, and begin getting closer to the gold price’s $1 200/oz range. After all, platinum, with its many industrial uses, is rarer than gold, which fills umpteen central bank vaults and is mined in countries from Argentina to Zimbabwe. As long ago as February 2012, former Anglo American Platinum (Amplats) CEO Neville Nicolau was unequivocal about a platinum price of $1 900/oz being essential to maintain long-term production. But instead, the industry, which since that time has been hit by additional costs, is $1 000/oz shy of that price level, with deep, labour-intensive mines operating at dollar prices that not even a weak rand can sustain. Well ahead of the latest price collapse, regular reference was being made to half of the industry being under water, and analysts warned in Business Times on Sunday that even industry consolidation through mergers and acquisitions would unlikely save the day. While Amplats’ exceptional opencast Mogalakwena mine, in Limpopo, stands out as an operation likely to keep its head above water even at these low prices, “something will have to change dramatically”, the head of another opencast platinum operation complained to Mining Weekly Online last month, well ahead of the latest devastating price crash. The Bank of America Merrill Lynch (BofAML) told the Prospectors and Developers Association of Canada (PDAC) convention, in Toronto, earlier this year that the platinum price would rally if platinum producers cut supply by 300 000 oz to 400 000 oz. BofAML charged, at the well-attended PDAC, that the blame for the lack of supply discipline lay especially at South Africa’s door. “As an industry, we need to go for it. We must be bold about cutting supply. The price is telling us that we’re in oversupply and we’ve got to react,” Lonmin CEO Ben Magara commented to Mining Weekly Online on the supply issue last month. But not enough has been done by the industry as a whole. Embattled platinum, which is never consumed, requires intense ongoing marketing, with producers needing to invest in the promotion effort – and also to ensure that the metal does not continue to be demonised by the anti-diesel hype, Royal Bafokeng Platinum (RBPlat) CEO Steve Phiri told investors, unionists, analysts and journalists earlier this year. “You’ve got to market and market and market,” the RBPlat CEO added in a video interview with Mining Weekly Online straight afterwards. Phiri spoke of the International Platinum Association canvassing Eurozone authorities about the efficacy of platinum-catalysed diesel engines, fitted with gadgets to halt nitrogen oxide (NOx) emissions, to counteract the fallout from Volkswagen's diesel emissions scandal in the US. Anglo American did a great job promoting the platinum-using hydrogen fuel cell at Davos and mayors of the world’s biggest cities, led by the three times New York mayor Michael Bloomberg, have been pushing hard for a cleaning of the air around major cities, which platinum can deliver. The World Platinum Investment Council has been providing greater platinum investment opportunity, many calculations point to a deficit of primary supply – and all these marketing efforts must continue. But, despite the effort to date, the platinum price is stubbornly refusing to turn upwards, and was still down in the $910/oz doldrums at the time of going to press.


News Article | May 4, 2017
Site: www.reuters.com

KROONSTAD, South Africa (Reuters) - Anglo American's diamond unit De Beers is piloting a project to capture carbon in the rock from which diamonds are extracted to offset harmful emissions, the company said. As planet-warming carbon emissions rise globally, many countries have adopted or proposed a form of tax on emissions and companies in the mining and manufacturing sector are concerned that this will hit their future profits.


News Article | May 4, 2017
Site: www.reuters.com

KROONSTAD, South Africa (Reuters) - Anglo American's diamond unit De Beers is piloting a project to capture carbon in the rock from which diamonds are extracted to offset harmful emissions, the company said. As planet-warming carbon emissions rise globally, many countries have adopted or proposed a form of tax on emissions and companies in the mining and manufacturing sector are concerned that this will hit their future profits.


News Article | May 8, 2017
Site: www.prnewswire.com

And the timing couldn't be better. Panic over nuclear North Korea, a sudden military about-face in Syria, soaring Asian demand and recession talk is positioning gold for a major bull run, and Fiore Exploration (F.V; FIORF) has acquired one of the most attractive exploration packages in Chile - the hottest metals venue in the world. The beginning of the gold turnaround came last year, but today, as global crisis hits fever pitch, we're looking at a bull run that will be bigger than anything we've seen in decades. We are again at the point of urgency for getting in on gold, and there is no better venue than Latin America - the leading growth continent for the precious metal. Fiore has scooped up almost all the best exploration territory surrounding the world-class El Penon gold mine owned by major player, Yamana Gold. In a deal that a junior explorer could only manage if backed by heavy hitters, Fiore acquired a massive land package of three separate blocks. Gold is being rendered even more attractive for Americans amid economic uncertainty most succinctly expressed by billionaire investor Warren Buffett of Berkshire Hathaway Inc., who noted that the U.S. is 'less well equipped to handle a financial crisis today than we were in 2008.' Central Banks world over have also been stockpiling the precious metal since 2008, at levels not seen since before 1970. One of the world's biggest legends in mining, Canadian billionaire, Frank Giustra, who is also the founder of Lionsgate Entertainment Corporation (NYSE: LGF), is pouncing on gold voraciously, and where his gold money goes, markets tend to follow. He's also the heavy hitter backing Fiore. The big money to be made in gold is in exploration, especially if you can find a junior backed by legendary mining money and a dream team of explorers. Giustra hitched his wagon to several already, but only to those with dream teams and exceptional vision. He hasn't been wrong yet. Here are 5 reasons to keep a very close eye on Fiore Exploration (F.V; FIORF): The team behind Fiore has been in Chile - the No. 1 mining venue in South America, for over 20 years. CEO, Tim Warman is a 25-year mining veteran perhaps best known for helping to close a $1.2-billion deal with Kinross. Warman has a long track record of making multi-million-dollar discoveries and keeping his shareholders very happy, both with Aurelian Resources and Dalradian. In fact, Aurelian sold to Kinross for $1.2 billion, while Dalradian's stock hit a market cap of a couple hundred million dollars. He's also well-known at Barrick Gold (NYSE: ABX), whose 6.8-million-ounce Alturas deposit was discovered by Malbex-a company Warman used to run. Besides Warman, one of the most sought-after geologists on the mining scene, the team also includes Brian Paes-Braga and Paul Matysek, two more heavy weights with impressive track records. Paes-Braga is best known as the Founder and CEO of one of the most striking junior lithium companies to hit the scene, since the electric vehicle (EV) boom sparked the lithium craze. And Matysek has created shareholder value of well over $2 billion in gold, lithium, potash and uranium. With this dream team behind it, Fiore is anything but your average drill play. Fiore has grabbed attention in a space where only the majors get it, because it's managed to secure the permits to surround Yamana's majestic El Peñon Gold mine. Yamana produced 227,000 ounces of gold and 7.7 million ounces of silver last year alone-worth $286 million and $130 million, respectively. Fiore's (F.V; FIORF) entrance onto this scene was explosive, and a headline-grabbing surprise. These are first-movers parked right next to a major producing gold mine, and they're ready to take on more. Pampas is just a starter project, but a big one backed by heavy hitters. And it doesn't stop here; the company is currently looking into the acquisition of equally prospective properties. A development we expect to hear about any day. In the industry, 'closeology' is one of the deciding factors of success - and Fiore has it in droves. Yamana's El Peñón mine is one of the most prolific gold and silver mines in Latin America, whether we're talking about either size or grade. It's massive and its high-grade. El Peñón has produced over 3 million ounces of world-class gold and more than 90 million ounces of silver since it went into production in 2000. Annually, this mine accounts for 18 percent of Yamana's gold production, and annually it produces nearly 230,000 ounces of gold for the company. And there's still a lot to come: We're still looking at 2.4 million ounces of gold left in the mine, and another 77 million ounces of silver. Fiore now surrounds this massive mine on three sides, so they've inherited all the infrastructure, and a massive exploration patch in a known money-maker. In fact, one can stand on Fiore's land and throw a rock into Yamana's pit. And Fiore's leadership has great relationships with the corporate teams of the majors it's right next to, so they have access to the grounds that the average junior minor wouldn't. It's not just Yamana, it's also Chilean giant (NYSE: SQM) - a relationship that goes a long way toward getting things done in Chile. Now Fiore's got a second major project, Cerro Tostado, again, flanking Yamana and just north or Anglo American's El Soldado mine and Austral Gold's El Guanaco mine. And it gets bigger, still. In April, Fiore acquired the Rio Loa gold exploration project in Chile's prolific Maricunga belt. This again is right next to another major mine, the Gold Field's 3.3-million-ounce Salares Norte discovery. Salares Norte is one of the highest-grade gold deposits in this belt, which boasts more than 100 million ounces of gold in reserves, resources and past production. Fiore is hungry for undervalued assets in known mining districts with multi-million-ounce deposits, and investors are going to love it. Fiore's (F.V; FIORF) breaks the mold when it comes to small-cap gold miners in more ways than one. There's nothing an investor likes more than a company with positive cash flow and the ability to raise capital with the snap of the fingers. Fiore is backed by legendary financer, Frank Giustra, so with big money following its dream team around, Fiore has no trouble raising the capital it needs to drill. This gives Fiore access to capital that most juniors don't have, and last year alone they raised $16 million. Giustra, the Canadian business mogul, who really needs no introduction as he has financed countless high-level natural resource deals, is known for financing the right mining deals at just the right time. So much so that it has become known in industry circles as the 'Giustra Premium', which is exactly why Fiore is so well-followed at this stage. Fiore is already heavily funded-more than enough for its current exploration program, and more acquisitions are in the future. Fiore completed drilling an 8,000-meter RC drill program in December. The first drilling results at Pampas El Peñon have been promising, and follow-up drilling is planned before mid-year. Over $1 million has already been spent and most of the mapping, sampling, trenching and near-surface drilling has been completed - all showing similarities to the major gold reserves right next to it. Three areas within rhyolitic domes with breccias and favorable geochemistry were identified and as priority drill targets - all of them in immediate vicinity of the Pampa Augusta Victoria open-pit and underground mines. And this week already Fiore will kick off its drilling program at Cerro Tostado, with initial results coming in subsequent weeks. And the previous work done here by Chile's SQM was already promising. The results of some 1,937 meters of reverse-circulation drilling in 17 holes confirmed the presence of structurally controlled silver-dominated mineralization, with highly anomalous levels of silver, arsenic and antimony and anomalous levels of lead and zinc. To Re-Cap: With Fiore, we've got a unique junior explorer here that has done something that juniors just don't do: Flanked major miners in a flurry of acquisitions that we already know are highly prospective for gold and silver. Even better - they've got heavy weight backing to take this to the finish line. And with drilling results set to come in soon, this finish line is getting close, fast. And the time is now for gold. Giustra is putting his money where his mouth is and so far he's been spot on. He recently told an audience at a Vancouver investment conference that the worsening political and economic uncertainty on the global stage was going to feed an incredibly bullish gold market, one that could quite possibly surpass the $1900 an ounce mark. So, says Giustra, if you're looking at gold as an investor, you've got to get in now because this window is closing fast. That's why he has major money in three gold explorers right now. This is a rare chance to get in on a cycle opportunity for unexplored, under-explored and undervalued precious metals in Latin America, and the whole set-up with Fiore's (F.V; FIORF) potentially offers more reward than risk. Here are some more New York-listed players worth watching: IAMGOLD Corporation (NYSE: IAG): IAMGOLD has been getting a fair amount of attention lately, because while it's shares have dipped since they hit their peak in the summer of 2016 and they are still weak, but they are gaining now, so it might be a good time to get in while undervalued. Cameco Corporation: Cameco-a US$4.52-billion market cap company-is trading at a major discount to its intrinsic value right now, and it's a good play for dividend-focused investors. Hecla Mining (NYSE: HL): 2016 was a big year for Hecla (market cap US$2.04 billion), with silver production up 48% and gold up 24%, though 2017's production targets won't be as big. Agnico Eagle Mines (NYSE: AEM): Any more upside in this miner and it will go directly to shareholders. This has been one of the best performers in recent years, and most attribute it to great asset management and fiscal conservatism that has resulted in low-cost production. Legal Disclaimer/Disclosure from OilPrice.com: This piece is an advertorial and has been paid for. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Oilprice.com only and are subject to change without notice. Oilprice.com assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report. All content contained herein is subject to the terms and conditions set forth in the original article posted on Oilprice.com and subject to the terms and conditions therein. DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE. This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.


Patent
Anglo American | Date: 2016-01-29

This invention relates to a process for recovering valuable metals from ore with significantly reduced water consumption through the discrete treatment and storage of coarse tailings. Ore is ground to produce a coarse particulate ore. The coarse particulate ore is treated in a coarse flotation stage to produce a low grade concentrate fraction and a coarse tailings fraction. The low grade concentrate fraction is treated to produce fine tailings and a saleable concentrate. The coarse tailings are treated separately from the fine tailings and water is recovered from the coarse tailings by hydraulically stacking; filtering or screening, whereafter the coarse tailings are dry stacked, without being recombined with the fine tailings.

Loading Anglo American collaborators
Loading Anglo American collaborators