News

SPMP

Antimony: New smelter to open in Oman

In Q1 2018, Strategic and Precious Metals Processing (SPMP) plans to open a 20ktpy smelter at the Port of Sohar Free Trade Zone in Oman. In 2017, SPMP signed a multi-year agreement with Traxys that included the supply of feedstock, offtake and finance for the project. Additional feedstock will reportedly… Read more

Dumont Nickel Project

Nickel/cobalt: RNC looking to advance Dumont project

RNC Minerals will undertake a series of initiatives this year to allow it to decide, in 2019, whether to go ahead with construction of the Dumont nickel-cobalt project. According to the company, the Dumont project contains the world’s largest undeveloped reserves of nickel and cobalt. Once commissioned, the mine could… Read more

Tiger Resources

Cobalt: Tiger sells Kipoi to Chinese Consortium

Tiger Resources has announced that it will sell its stake in the Kipoi copper and cobalt mine in the DRC and associated assets to a Chinese consortium. The company has entered into a Share Purchase Agreement and Royalty Deed with Sinomine Fuhai (Hong Kong) Overseas Resource Investment (Sinomine HK) for… Read more

Rare earths mine — Tomtor

Rare Earths/niobium: Russia puts its weight behind rare earths

The Tomtor niobium-rare earth deposit in Yakutia is set to enter development in 2018 at an estimated cost of over US$1.3Bn. The push to advance this rare earth project follows state subsidies to back bank loans and support from Russian authorities. The Tomtor deposit is a joint venture between Russian… Read more

Lithium: Tawana-AMA’s Bald Hill on-track for Q1 start-up

Tawana Resources reported that its 50:50 joint venture project with Alliance Mineral Assets, the Bald Hill mine, is on-track for commissioning in Q1 2018 with first shipment of spodumene concentrate scheduled for April 2018.  The project is located 50km southeast of Kambalda in the Eastern Goldfields of Western Australia and… Read more

Graphite: Project advancements by Kibaran and Mason

Mason Graphite of Canada has successfully closed the private placement offering that it had announced in December, with the issuance of 18,750,000 common shares for a total value of CAN$45M (US$36M).  Mason Graphite is focussing on the development of its wholly-owned Lac Guéret property in northeastern Québec. The company is… Read more

Nickel: Ambatovy stops production as a result of Cyclone Ava

The 60ktpy Ambatovy nickel refinery remains shut in the wake of Cyclone Ava, which recently struck Madagascar. A preliminary review of the production facilities has identified equipment damage, particularly to the acid production facilities, that will delay the re-start of operations until the end of January.  Ambatovy is a joint… Read more

Tin: Indonesian production and exports up for full-year 2017

In December 2017, preliminary Indonesian tin exports were reported as 7,056t according to the domestic trade ministry. The December figure is based on pre-shipment checks made by surveying companies and includes 9t of tin solder as well as refined metal ingots. December exports were down 11% month-on-month but up 17%… Read more