EIA predicts the future growth in non-OECD Asia

MINEX FORUM | September 19, 2017
img0 Based on projections in US Energy Information Administration’s (EIA) International Energy Outlook 2017 (IEO2017), much of the future growth in world energy consumption will occur in the nations of Asia outside of the Organization for Economic Cooperation and Development (or non-OECD Asia). Although China and India account for most of the region’s energy consumption, EIA projects broad ...

Tech sold its stake in Irish project to G11

MINEX FORUM | September 13, 2017
img0 The board of Connemara Mining Company plc (AIM: CON) have been informed that Group Eleven Resources Corp. (“G11″), a private company, has acquired the 76.56% interest held by Teck Ireland (“Teck”) in TILZ Minerals, the joint venture company, which holds six (6) prospecting licences covering the Stonepark zinc project in Limerick, Ireland, said Connemara Mining.  Connemara ...

Karelian Diamond Resources has received a PEA on its Lahtojoki diamond project

MINEX FORUM | August 1, 2017
img0 Karelian Diamond Resources plc (AIM: KDR, ESM: KDRI) announced that it has received a Preliminary Economic Assessment (“PEA”) on its 1.6 hectare Lahtojoki diamondiferous kimberlite pipe in the Kuopio – Kaavi district in south eastern Finland (“Lahtojoki”) over which the Company holds a Mining Concession. The PEA study was carried out by Michael Brennan of ...

Rosatom could provide a great contribution to the nuclear power sector

MINEX FORUM | June 27, 2017
img0 Russia’s nuclear power ambitions lag behind other emerging economies, but its advancements in technology could provide a great contribution to the nuclear power sector as a whole. For this reason, uranium price followers should keep a close watch on Russia’s nuclear sector, economiccalendar.com noted. Nuclear power use has become controversial in many countries around the ...

Nornickel has completed the Talnakh concentrator modernisation project

MINEX FORUM | June 7, 2017
img0 Nickel and palladium miner Norilsk Nickel (Nornickel) has completed the Talnakh concentrator modernisation project, in Russia’s Arctic region. Talnakh Concentrator of Nornickel’s Polar Division has reached the project design parameters and capacity in line with the targets set by the modernization project. The plant’s total throughput capacity has increased over 30% from 7.6 to 10.2 mtpa ...

BELAZ makes its first steps in American market

MINEX FORUM | May 29, 2017
img0 A year ago BELAZ set up an office in Richmond Hill, Ontario, with the intention of selling its first mining truck in North America. Breaking into the North American heavy equipment market isn’t easy, especially for offshore companies without the vast dealer networks offered by some of the bigger players like Komatsu, John Deere and Caterpillar. ...