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Mariaan Webb
Mariaan Webb is Creamer Media Senior Researcher and Deputy Editor Online for Engineering News and Mining Weekly.
Tel: +2711 622 3744
Uranium market activity seen returning to 'more normal' levels
15th July 2019 London-listed uranium fund Yellow Cake said on Monday that activity in the uranium market should pick up in the near term, following US President Donald Trump’s decision at the weekend to steer clear from imposing import tariffs on uranium. The Section 232 investigation, which started early last... →
Canadian, Australian miners cheer Trump’s uranium import decision
15th July 2019 US President Donald Trump’s decision to back away from implementing new trade restrictions on uranium imports into the US has won praise from Canadian and Australian producers, which argue that the uranium they supply is not a threat to US national security. Trump has rejected the recommendation... →
Fading US utility demand for coal to hit Powder River Basin hardest
12th July 2019 While the outlook for the US coal industry over the next 12 to 18 months is stable, fading utility demand in the 2020-to-2030 decade will drive the ongoing contraction of the domestic coal industry, presenting a significant challenge for US coal miners. Last year, utilities consumed about 84% of... →
Cornish Lithium gets crowdfunding behind Cornwall project
12th July 2019 British mining company Cornish Lithium has turned to crowdfunding to raise £1-million for drilling at its lithium project in Cornwall, south-west England, further advancing its strategy of opening a domestic source of the strategic mineral. This is the first UK crowdfunding in the mining sector... →
Africa adds risk to Barrick portfolio, but Bristow is positive – Fitch
11th July 2019 The acquisition of mines in Africa through a merger with Randgold Resources early this year, has raised the overall risk of Toronto-headquartered Barrick Gold’s mining portfolio, but analysts at Fitch Solutions believe that South African geologist Mark Bristow, who has a track record of operating... →
Mechanical completion of Proyecto Riotinto expansion 'imminent'
11th July 2019 The expansion of the Proyecto Riotinto mine to 15-million tonnes a year is about to be finalised, paving the way for the Spain-based copper operation to increase production to between 50 000 t/y and 55 000 t/y in 2020. Mechanical completion was expected in the “next few weeks”, Aim- and... →
Hair resigns as Hudbay CEO, Kukielski to lead in interim
10th July 2019 The board of Toronto-based miner Hudbay Minerals has initiated a search for a new CEO, following the resignation of Alan Hair, who has been with the company for more than 20 years. The TSX-listed mining firm appointed Peter Kukielski, former Nevsun Resources CEO who recently joined the Hudbay... →
Yamana adjusts FY guidance, reports strong second-quarter production
10th July 2019 Canadian gold miner Yamana Gold on Wednesday reported strong preliminary second-quarter production results and updated its guidance for the year to reflect the completion of the sale of the Chapada mine, in Brazil, to Lundin Mining. The company produced 257 556 gold-equivalent ounces (GEOs) in... →
Eldorado Gold to meet production target
10th July 2019 The share price of Canadian miner Eldorado Gold extended its recent gains on Tuesday, buoyed by election results in Greece and news that the company is on track to achieve its full-year production target. The miner, which owns mines in Turkey, Canada and Greece, produced 91 803 oz of gold in the... →
Medallion considering US, Canada for rare-earth plant
9th July 2019 TSX-V-listed junior Medallion Resources, which is pursuing production of magnet metals, believes the time is right to start selecting potential sites for a rare earth plant as part of a strategy of rebuilding a North American rare earth value chain. The company is seeking third-party proposals... →
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