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Hamburg plans green hydrogen plant with Shell, Mitsubishi, Vattenfall

By: Reuters 22nd January 2021 Hamburg is planning to generate green hydrogen, which is produced from renewable power, at a plant it will develop with energy firms Shell, Mitsubishi and Vattenfall, the city state said on Friday. Hamburg's municipal heating company has signed a letter of intent with the three companies to... →

Deep-South ‘well-funded’ to continue development of Namibian copper project

By: Simone Liedtke 22nd January 2021 TSX-V-listed Deep-South Resources has closed its nonbrokered private placement for $4.6-million. President and CEO Pierre Leveille commented on the strong demand, which led to the financing, and confirmed that the company had recently completed a preliminary economic assessment. →

Australia's MMG CEO sees short term upside momentum for copper

By: Reuters 22nd January 2021 Copper prices are likely to rise further after pushing above $8 000/t this month, supported by China's strong economy and government stimulus efforts after the Covid-19 pandemic, the head of Hong Kong-listed MMG Ltd said on Friday. Prices of copper have nearly doubled from last year's lows and... →

Xtract raises £5m for exploration, project development

By: Simone Liedtke 21st January 2021 Brownfield mine developer Xtract Resources’ broker, Novum Securities, has conditionally raised £5-million, before expenses, following the placement of over 111-million ordinary shares. The placing shares represent 17.9% of the current issued ordinary share capital of Xtract. →

Non-destructive testing (NDT)

By: Creamer Media Reporter 20th January 2021 by Adri Ludick, NDT manager: WearCheck WearCheck’s advanced field services (AFS) division offers a wide range of specialist monitoring techniques which include rope testing, technical compliance and non-destructive testing (NDT). Here, we take a closer look at some of the different NDT tests. →

Vedanta agrees to settlement with Zambian villagers over pollution claims

By: Marleny Arnoldi 19th January 2021 UK-based law firm Leigh Day has confirmed in a statement that global diversified miner Vedanta Resources has agreed to pay a settlement for all claims brought against it by Zambian claimants related to alleged pollution around the Konkola Copper Mines (KCM) operations. Without admission of... →

Want a fuel cell, you need platinum – analysts

By: Martin Creamer 18th January 2021 If you want a fuel cell, you need platinum, is one of the multiplicity of points Bernstein investment company makes in a major work just released, which shows growing and ongoing demand for platinum group metals (PGMs) and provides ample reason why metals and mining matter more than ever. In the... →

Xtract progresses with Phase 1 drilling at Bushranger project

By: Marleny Arnoldi 18th January 2021 London-listed Xtract Resources has progressed well with the first of three holes in a Phase 1 drilling programme at the Racecourse deposit on the Bushranger copper/gold exploration project, in the Lachlan Fold Belt of Australia. The company says drilling has progressed to a depth of 975 m in... →

FLSmidth in talks to buy Thyssenkrupp's mining unit

By: Reuters 15th January 2021 FLSmidth is in negotiations with German engineering group Thyssenkrupp to acquire its mining business, the Danish mining equipment maker said on Friday. The negotiations are at a non-binding stage, FLSmidth said, and there can be no assurance as to their result. →

Law firm says ESG most prominent risk beyond pandemic resilience

By: Marleny Arnoldi 15th January 2021 International law firm White & Case says 45% of decisionmakers believe environmental, social and governance (ESG) issues will be the biggest risk to the mining and metals sector this year. The firm reports in its 'Mining and Metals 2021' survey that the global mining and metals sector is facing... →

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