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LME electronic pricing trial fails to boost volumes - sources

By: Reuters     Updated 4 hours ago The London Metal Exchange's (LME's) three-month trial of switching to electronic closing prices for one of its benchmark base metal contracts has failed to lift volumes, industry sources said, lending further support to traditional open outcry trading. The trial, which moved nickel from the ring... 

Swiss refiner Metalor to stop processing artisanal gold

By: Reuters     Updated 4 hours ago Switzerland's Metalor, one of the world's biggest gold refineries, said on Monday it would work only with gold from large industrial mines in order to reduce the risk of illegality in its supply chain. Informal methods of gold production, known as "artisanal" or small-scale mining, have grown... 

Australian rare earth miners push development deals to counter China grip

By: Reuters     17th June 2019 Rare earth developers in Australia say they are edging closer to signing deals with new customers that would drive forward their projects amid mounting global supply concerns over the minerals that are crucial to high-tech industries. Australia contains only 2.8% of the world's rare earth... 

Tando soars on SPD plans

By: Esmarie Iannucci     17th June 2019 The share price of ASX-listed Tando Resources closed nearly 18% higher on Monday after the company announced plans to implement parallel development strategies for its SPD vanadium project, in South Africa. The company said that following the results of the May scoping study, the company has... 

London Metal Exchange slaps alcohol ban on open outcry traders

By: Reuters     14th June 2019 The London Metal Exchange has banned open outcry traders from consuming alcohol during the day, it said on Friday, joining other London firms in halting a culture of boozy lunches. In the past, LME traders, along with many other financial service workers, had a culture of heading to the pub at... 

Australian rare earth miners push development deals to counter China grip

By: Reuters     14th June 2019 Rare earth developers in Australia say they are edging closer to signing deals with new customers that would drive forward their projects amid mounting global supply concerns over the minerals that are crucial to high-tech industries. Australia contains only 2.8% of the world's rare earth... 

Hydrogen offers pathway for lowering hard-to-abate carbon emissions – IEA 

By: Terence Creamer     14th June 2019 Hydrogen and hydrogen-based fuels could help facilitate the decarbonisation of a range of sectors where the pathway for achieving meaningful emission reductions is currently uncertain or difficult, a new global study argues. Released by the International Energy Agency (IEA) at a meeting of G20... 

South Africans to prepare ‘smart heavy haul industry’ roadmap

14th June 2019 The South African Heavy Haul Association (SAHHA) hosted a three-day technical workshop in Johannesburg in late 2018 as part of preparations for the 2019 International Heavy Haul Association (IHHA) conference to be held in Narvik, Norway, from June 10 to 14. Ten countries are a part of the IHHA... 

Coal caps, carbon curbs, fossil fuel funding limits are correct moves in a world beset by growing climate risk

By: Martin Creamer     14th June 2019 Earlier this year, Glencore became the first coal-supplying company to cap its coal production. It did so following engagement with the investor signatories of the Climate Action 100+ initiative. As the largest supplier of seaborne coal, it undertook not to produce more than 150-million tonnes of... 

Digital transformation in mining, metals sector poised to generate $425bn over next ten years

By: Schalk Burger     14th June 2019 Mining is transforming rapidly worldwide and becoming more automated, with the mining automation market expected to be worth $3.29-billion by 2023. Digital transformation initiatives in the mining and metals industry could generate $425-billion over the next ten years. The mining companies that... 

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