Kazakhstan Potash expands portfolio to include lithium-tantalum-tin in DRC

MINEX Forum | March 28, 2018
img0 Kazakhstan Potash Corp Ltd (ASX:KPC) is expanding its portfolio beyond potash in Kazakhstan to include a lithium-tantalum-tin project in the Democratic Republic of Congo. KPC has entered into an agreement to acquire 60% of Société MCC Resource SARL (MCC), which holds the prospecting licence. The 88 square kilometre prospect is in the world-class lithium-tantalum-tin pegmatite ...

Electric vehicles, higher prices to boost global copper output — report

MINEX FORUM | March 20, 2018
img0 The expansion of El Teniente mine, part of an ambitious, $22 billion multi-year investment drive at Codelco to open new projects and revamp older ones, has been repeatedly delayed by geo-technical issues. (Image: Codelco | Flickr.) Global copper production will spike over the next decade as rising prices and increasing demand from the electric vehicles sector ...

Merkel, Xi agree to work on steel overcapacity within G20

MINEX FORUM | March 19, 2018
img0 German Chancellor Angela Merkel and Chinese President Xi Jinping discussed overcapacity in world steel markets and agreed on Saturday to work on solutions within the framework of the G20 group of industrialised nations, Merkel’s spokesman said. In a telephone discussion, the two newly reelected leaders emphasised close ties between the two countries, both facing planned ...

More countries want to be exempt from Trump’s tariffs

MINEX FORUM | March 9, 2018
img0 European Trade Commissioner Cecilia Malmstrom in Stockholm. Photo by GFMD/Mikael Sjöberg. Taken from Malmstrom’s Facebook page. As U.S. President Donald Trump signed proclamations Thursday imposing 25 per cent tariffs on steel imports and 10 per cent for aluminium for almost every country but Mexico and Canada, other nations have expressed their desire to join the ...

S&P’s sees further improvement in most metal prices in year ahead

MINEX FORUM | March 6, 2018
img0 Metals prices have benefited from the improved global economy and from a recently weaker US dollar, in which most commodities are valued, with the Standard & Poor’s (S&P’s) GSCI reaching a two-year high on January 26, aiding the uptick in global exploration, the research firm’s ‘World Exploration Trends’ report reveals. In January 2018, the dollar’s trade-weighted value was ...

Global metals exploration likely to rise 20% in 2018 – S&P Global

MINEX FORUM | March 6, 2018
img0 Global mining exploration budgets are expected to swell about 20% this year, bolstered by the generally positive trend in metals prices extending into early 2018, a new report by S&P’s Global Market Intelligence has found. Global spending on the search for nonferrous metals rose 15% year-on-year in 2017 to an estimated $8.4-billion, compared with $7.3-billion in 2016, representing the ...