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LONDON–(BUSINESS WIRE)–#Research–The global automated mine scanning machines market is expected to grow at a CAGR of close to 15% during the forecast period, 2017-2021.

Palladium consumption is heading for an all-time high of 10.8-million troy ounces, which will leave the market in a deficit of more than one-million ounces in 2017, according to the world’s largest producer of the precious metal.
Russia’s Nornickel said on Tuesday that it retained a positive outlook for the palladium market, on the back of continuing demand growth from the automotive sector and a lack of new primary supply.

DUBLIN–(BUSINESS WIRE)–The “China: Copper – Market Report – Analysis and Forecast to 2025” report has been added to Research and Markets’ offering. The report provides an in-depth analysis of the copper market in China. It presents the latest data of the market size and volume, exports and imports, price dynamics and turnover in the industry. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influenc

Hedge-fund managers including billionaire John Paulson are being rewarded as investor worries over everything from uneven economic data to US-North Korean tensions fuel a rally in bullion.

At the end of June, Paulson & Co. owned 4.36-million shares of SPDR Gold Shares, a US government filing showed Monday.

DENVER–(BUSINESS WIRE)–#anticorrosion–International Titanium Association (ITA) is set to host the first annual “International anTi-Corrosion Conference” on October 11th in Hollywood, Florida.

Platinum producer Lonmin on Tuesday unveiled its proposed design for a Marikana memorial park and announced the occupation of its infill apartments a day before the fifth anniversary of the Marikana massacre.  Thirty-four miners died and at least 70 were injured on August 16, 2012, when police opened fire during a mining strike at the Marikana informal settlement‚ near Rustenburg, in the North West Province, following a week of heightened tensions between the mineworkers and Lonmin management.

JSE-listed Northam Platinum expects its loss a share to widen to between 167.8c and 196c for the financial year ended June 30, compared with a loss a share of 145.3c in the prior financial year. It further expects its headline loss a share to have widened from 140.9c in the 2016 financial year, to between 167.3c and 196.3c in the 2017 financial year.

VANCOUVER–(BUSINESS WIRE)–#CRM–Rim manufacturer, Rimex, uses Purely CRM to implement Microsoft Dynamics CRM

DUBLIN–(BUSINESS WIRE)–The “China: Tin – Market Report – Analysis and Forecast to 2025” report has been added to Research and Markets’ offering. The report provides an in-depth analysis of the tin market in China. It presents the latest data of the market size and volume, exports and imports, price dynamics and turnover in the industry. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing th

Zambia is cutting power to mines including Africa’s biggest copper site, the Kansanshi pit owned by First Quantum Minerals, escalating a fight over tariffs. “They have still got some significant amount of power for them to operate, but obviously their operations will not be at 100% because of the power restrictions,” Energy Minister David Mabumba told reporters Tuesday in Lusaka, the capital.

The Montana State Authority has issued ASX-listed Sandfire Resources’ Black Butte copper project, with a draft mine operating permit (MOP), allowing the company to advance the project.

The draft MOP is expected within the next 30 days, and marked the culmination of an extensive process undertaken in conjunction with the Montana Department of Environmental Quality over the past two-and-a-half years, Sandfire said on Tuesday.

TORONTO–(BUSINESS WIRE)–Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII): NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Almonty Industries Inc. (“Almonty” or the “Company”) (TSXV:AII) announces that it has closed the first tranche of its previously announced financing (see press release dated August 11, 2017). The first tranche was a subscription for 16,000,000 common shares (“Common Shares”) of the Company at a price of $0.30 for aggregat

ASX-listed Tawana Resources and its joint venture partner Alliance Mineral Assets have started construction of the lithium plant at the Bald Hill lithium and tantalum mine, in Western Australia. The two companies on Tuesday announced the execution of an engineering, procurement and construction contract with Primero Group to build the 1.2-million-tonne-a-year dense media separation (DSM) plant, valued at A$30-million.

Amnesty International urged South African authorities to move forward with prosecutions over the killing by police of 34 people in a single day at Lonmin Plc’s Marikana platinum operations five years ago. “The tragedy of the Marikana killings is compounded by the shocking fact that no one responsible for the bloodshed has yet been held accountable,” Shenilla Mohamed, executive director of Amnesty International South Africa, said in a statement. The organization has also called for victims and their families to receive adequate compensation.

DUBLIN–(BUSINESS WIRE)–The “Global Automated Mine Scanning Machines Market 2017-2021” report has been added to Research and Markets’ offering. The global automated mine scanning machines market to grow at a CAGR of 14.65% during the period 2017-2021 The report covers the present scenario and the growth prospects of the global automated mine scanning machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from new installations, sales and retrofi

CASPER, Wyo.–(BUSINESS WIRE)–The Wyoming Athletic Club (WAC) here has become one of the first full service health and fitness centers in the U.S. to enlist the help of antimicrobial copper alloys to help protect customers from the spread of infectious bacteria. The Club is using Black Iron Strength’s CuLEAN® line of weight lifting equipment. The line is made with EPA-registered CuVerro®, a copper alloy that continuously kills 99.9% of infectious bacteria it touches. According to Lou Quint, fo

Coal production has started at the Blair Athol thermal coal mine, in Queensland, ASX-listed TerraCom reported on Tuesday.

The company told shareholders that first production occurred on schedule, with the operation due to ramp-up as planned to around two-million tonnes a year by the fourth quarter of 2017.

ASX-listed junior Azure Minerals has secured its next flagship project in the form of the Oposura zinc/lead/silver project, in Mexico.

The company on Tuesday announced that it had taken full ownership of the advanced-stage project, which contained high-grade, massive sulphide-hosted zinc, lead and silver mineralisation.

CLEVELAND–(BUSINESS WIRE)–#clevelandcliffs–Cliffs Natural Resources Inc. (NYSE: CLF) announces today that it has re-named the Company to its historical name Cleveland-Cliffs Inc. Under the name Cleveland-Cliffs, the Company has been for many decades an important part of the North American iron and steel industry. The name change is part of the celebration of the 170th anniversary of the Company, and is effective immediately. The Company’s NYSE stock ticker symbol “CLF” will remain the same. Lourenco Goncalves

休斯顿, 德克萨斯州–(BUSINESS WIRE)–MOGAS非常高兴地宣布推出ISOLATOR 2.0, 我们的新一代应用于低压严酷工况的隔离阀。 ISOLATOR 2.0是ISOLATOR的新一代产品, 是MOGAS成功的产品线之一。目前可用尺寸为1英寸至4英寸,150-600磅级,最高温度可达到650华氏度. Matt Mogas,MOGAS公司总裁兼首席执行官表示:“与ISOLATOR相比,ISOLATOR2将为我们的客户提供更好的产品性能和设计上的改进。此外,由于ISOLATOR2.0是锻造,因此有多种材质的配置,包括钛材和超级双向钢,以适应我们的客户的具体应用。 Rajan Luthra,市场部副总裁说:“MOGAS有倾听客户的跟踪记录和不懈地追求产品的开发来解决他们的问题。在我们的产品组合中增加了ISOLATOR2.0,客户可以在极端严酷工况到低压严酷工况下选择合适的MOGAS产品。” ISOLATOR 2.0 可应用于炼油,化工,石油化工,矿浆输送、反应釜、造纸和电厂,对阀门材料和工艺提供终身保修。 关于MOGAS MOGAS是全球领先的严酷工况球阀的制造商,针

HOUSTON–(BUSINESS WIRE)–ASME 150-600 Class, metal-seated, bi-directional floating ball valve for absolute isolation in low pressure severe service industrial applications.

Irish exploration firm Connemara Mining has raised £135 000 in a share placing, the Aim-listed company announced on Tuesday.
Connemara placed 7 848 837 new shares of €0.01 each in the company at 1.72p a share to raise the capital.

The Organisation Undoing Tax Abuse (Outa) has laid a criminal complaint with the police against former Eskom director, Mark Pamensky. Outa chief operating officer Ben Theron on Tuesday said the charges related to Pamensky’s conduct while at Eskom and a business ”linked to the Gupta business empire.”

Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly Online that local earthworks contractor Kongo River, which is responsible for all the project’s earthworks, and mining contractor Reliant Congo, which is responsible for shotcreting and soil nailing – Reliant will also be responsible for the underground mining once the mine is in operation – have done an “excellent job”, to date, in developing the project.

JSE- and NYSE-listed Sibanye has committed R30-million in funding for the University of Johannesburg (UJ) and the University of the Witwatersrand (Wits). This follows a previous investment of R25-million to these institutions in 2014.

LONDON–(BUSINESS WIRE)–Elk Petroleum (ELK) is an ASX-listed oil and gas producer and developer with a focus on enhanced oil recovery (EOR) from mature fields. The company’s current focus is on CO2 EOR projects in Wyoming, US, where it’s first EOR development project, Grieve, is due on stream in late 2017/ early 2018. Grieve, combined with the recent acquisition of a c 14% interest in the Madden gas field is due to turn ELK into a producer and material CO2 resource owner. We visited both Griev

Oil and gas major Santos has warned of a $690-million non-cash impairment charge for the half-year ended June.

The company on Tuesday told shareholders that the impairment resulted from changes to the carrying value of its assets, brought on by changing oil prices, exchange rates, discount rates, as well as production and cost fluctuations.

China’s Ningxia Tianyuan Manganese Industry Company (TMI) will invest some A$30-million to restart operations at the Woodie Woodie manganese mine, in Western Australia.

Owner Consolidated Minerals (ConsMin) suspended operations at the mine at the start of 2016 on the back of declining manganese prices. TMI, which took control of ConsMin in May this year, said this week that it had been buoyed by a sustained increase in the global prices of manganese, and was working to restart operations in October, with first shipments planned for November.

Emerging gold producer TMAC Resources expects to produce even fewer ounces this year at the Dorris mine, in Canada’s Nunavut Territory, as a slower-than-expected ramp up of the plant impacted the operation’s most recent quarterly performance.
TMAC poured first gold at Dorris – part of the Hope Bay gold project, in the Kitikmeot region – during the first quarter, before declaring commercial production on June 1. The Toronto-based company now expects to produce between 50 000 oz and 60 000 oz of gold this year, down from the original forecast calling for 130 000 oz to 140 000 oz of gold, which itself was lowered to a range of 100 000 oz and 120 000 oz of gold, before the latest guidance reduction.

Electric vehicles, renewable energy targets, and pollution reduction all point to a rosy future for copper.

The British Columbia Securities Commission will on Tuesday issue the management of Johannesburg-headquartered miner Atlatsa Resources with a cease trade order, rather than an issuer cease trade order, owing to the company’s inability to file its second quarter financial and operational results.
The late filing is the result of the recently-announced financial restructure plan with Anglo American Platinum (Amplats).

Japanese trading firm Mitsui & Co said on Tuesday it would book an after-tax profit of about $810-million in the July-September second quarter on Brazil’s Vale’s stock conversion plan.
Mitsui said the profit was not included in its profit forecast for the year to March 2018 and it would revise the forecast as needed.

Colombian holding company Grupo Argos has sold its 50% stake in a port operator to an investment fund administered by Goldman Sachs for about $136-million, Grupo Argos said in a statement on Monday.

Compania de Puertos Asociados, called Compas, moves principally coal and cement through its ports in the Andean country. Argos’ stake was sold to West Street Infrastructure Partners III, which is run by Goldman Sachs, for 407-billion pesos.

Bigger-than-expected shareholder backing for Vale’s stock conversion plan could lead the world’s No 1 iron-ore producer to speed up the listing of common shares in Brazil’s strictest market to lure a broader investor base.

CEO Fabio Schvartsman told investors in a Monday conference call that the conversion plan, which ended last week, was “a success.” A total 1.66-billion Vale preferred shares, or 84.4% of that class of stock in circulation, joined the plan, topping a minimum 54.09% threshold.

Canadian copper/cobalt producer Katanga Mining said on Monday it would restate some past financial statements to correct inaccuracies in its recorded amount of copper production during 2015 and 2014.

The company’s independent directors are conducting an ongoing review in cooperation with management, Katanga’s external auditors Deloitte & Touche, the company’s outside legal counsel and outside accounting advisors of historical accounting relating to the production of copper cathode, copper concentrates and stockpiled ore from its copper/cobalt operations in the Democratic Republic of Congo.