AMASRA, Turkey — Funerals for miners killed in a coal mine explosion in northern Turkey began Saturday as officials raised the death toll to at least 41 people.
Desperate relatives had waited all night in the cold outside the state-owned Turkish Hard Coal Enterprise’s (TTK) mine in the town of Amasra, in the Black Sea coastal province of Bartin, hoping for news. There were 110 miners working several hundred meters below ground at the time of the explosion on Friday evening.
GOMA, Democratic Republic of Congo Oct 18 (Reuters) – Illegal gold-mining is destroying tracts of pristine rainforest in Congo’s Okapi Wildlife Reserve, a UNESCO World Heritage site meant to be a haven for the endangered mammal nicknamed Africa’s unicorn, environmental organisations warned on Tuesday.
Industrial activities are supposed to be banned in the 13,000 square kilometers of the reserve in northeast Democratic Republic of Congo. Aerial photo evidence shows mining has persisted, the civil society groups said at a joint news conference to mark the international day of the okapi.
https://www.northernontariobusiness.com/
South Mine expansion called key link in supply of critical minerals for EV production
Vale’s $945-million expansion of its South Mine near Sudbury will be a key driver in the production of critical metals for the province’s battery electric vehicle (BEV) industry and ensure continued local operations for years to come.
That was the word from Deshnee Naidoo, Vale’s executive vice-president of base metals, who was on hand at the company’s Copper Cliff Complex on Oct. 13 to officially mark the opening of the mine expansion.
(Bloomberg) — Indonesia may only need $37 billion to shut down its coal-fired power plants, even if the bill doesn’t include building renewable energy to take their place.
That $37 billion worth of financing would be enough to buy out future revenues of 118 existing coal plants and up to 10 years of contracted coal power generation, meaning Southeast Asia’s largest economy could wean off the fuel by 2040, climate analytics company TransitionZero said in a report. That’s a decade earlier than the official target.
https://www.northernontariobusiness.com/
Being located in the ‘Canada’s mining centre’ prompted move north for Wireline Services Group (Canada)
Wireline Services Group (WSG) got its start more than 20 years ago working in the historic Kambalda nickel and gold mining region of Western Australia. Now the Perth-headquartered mining tech company has established a firm foothold in Canada’s preeminent nickel mining camp.
The geophysics company recently moved into a spacious 7,500-square-foot office and shop on Valleyview Road in Val Caron last month, hiring two locals and transplanting two others from Toronto.
Sailingstone Capital Partners, the fifth-biggest investor in Turquoise Hill Resources (TSX: TQR) said on Friday it will vote against Rio Tinto’s (ASX, LON: RIO) intended $3.3 billion takeover of the Canadian miner, in a shareholder meeting on Nov. 1.
The activist investor said that Rio’s bid not only undervalues the target, but it also intends to take advantage of the “material governance failures” created by independent directors of both mining companies over the last decade.
https://www.theglobeandmail.com/
The head of Vale SA’s base metals group is vowing to turn around its poorly performing Canadian nickel operations, as the Brazilian mining giant makes a play for a bigger piece of the fast-growing EV-battery-minerals market.
Vale entered the Canadian nickel market in 2006 when it paid $19.4-billion to acquire Inco Ltd., a company that had mined the critical mineral in Sudbury for a century.
Premier was on hand in Sudbury for the official opening of Phase 1 of Vale’s Copper Cliff Mine Complex South Mine, which breathes new life into the shuttered mine and will double ore production at the site, creating 270 new jobs
Ontario Premier Doug Ford said today he was impressed that mining giant Vale has spent $945 million to bring an old mine “back to life,” saying the project was a key part of the province’s critical minerals strategy.
The premier was in Sudbury for the official opening of the Phase 1 expansion to Vale’s Copper Cliff Complex South Mine, a project that connected the South Mine operation to the North Mine creating the new Copper Cliff Mine Complex.
Cameco is investing $2.2 billion for a 49% stake in Westinghouse Electric, which services nuclear reactors
Decarbonization could end up as a boon for nuclear power, which is capable of generating lots of energy while releasing no carbon dioxide into the atmosphere.
But as of today, there are still plenty of headwinds for uranium producers such as Saskatoon-based Cameco Corp. So on Tuesday, chief executive Tim Gitzel did something that he hopes will make it easier to push through those headwinds: Cameco said it would invest $2.2 billion for a 49 per cent stake in Pennsylvania-based Westinghouse Electric Co., which services nuclear reactors, diversifying Cameco away from the volatile uranium market.
Sounding like a reborn cold warrior, Deputy Prime Minister Chrystia Freeland said Tuesday that Russia and China are despotic regimes inimical to our way of life. As a result, she said, Canada stands ready to help our democratic European allies weather the energy crisis provoked by Russian President Vladimir Putin’s invasion of Ukraine.
Freeland called on liberal democracies to unite economically to counter the threat posed by Putin starving Europe of natural gas in retaliation for Western economic sanctions against Russia.
https://www.thesudburystar.com/
Premier Doug Ford among those to celebrate opening of Copper Cliff Complex South Mine Project
Vale Canada Limited on Thursday officially opened the initial phase of its CDN$945 million Copper Cliff Complex South Mine Project in Sudbury.
“This first phase of the Copper Cliff Mine Complex South Project enhances our supply of low-carbon nickel and other critical minerals and adds to the long-term sustainability of our Sudbury operations,” Deshnee Naidoo, executive vice-president of Vale’s Base Metals business, said in a release. “The successful delivery of this project is a major accomplishment for Vale and great news for Sudbury and the Province of Ontario.”
https://www.northernminer.com/
Canadians may be a modest bunch, but when it comes to our importance in the global mining industry, we could stand to brag a little.
At The Northern Miner’s Q3 Global Mining Symposium in late September, Douglas Silver presented data showing Canada leads the world in exploration spending (US$800 million per year vs. US$530 million for runner-up Australia); in capital spending on mining (accounting for 35% of the total compared to 13% for Australia); and the number of listed mineral companies (more than 1,400 compared with 661 for Australia).
https://www.northernontariobusiness.com/
A $21-million Centre of Expertise will accompany deep geological repository for nuclear waste
IGNACE, Ont.— The Nuclear Waste Management Organization (NWMO) has unveiled its newest project, a $21-million facility for scientists and experts to continue their research on nuclear waste management and a wide variety of disciplines.
The Centre of Expertise will be located in either Ignace or South Bruce, depending on which will of the two is selected as host community for the deep geological repository to house spent nuclear fuel.
As the impasse between Transnet and its two recognised unions – the United National Transport Union (Untu) and the South African Transport and Allied Workers Union (Satawu) – continues, organised business has called for a “swift, sustainable resolution”, as mining exporters warned that they were losing R815-million every day the strike continued.
In a joint statement, Business Unity South Africa (Busa) and Business Leadership South Africa rejected short-term solutions, such as temporarily increasing levies, which they said could have unintended consequences.
Shares in The Metals Company (NASDAQ: TMC) jumped on Wednesday after the company said it completed its first collection run of polymetallic nodules more than four kilometres below the surface of the Pacific ocean.
The Vancouver-based company said its production vessel, the Hidden Gem, collected an initial batch of seafloor nodules and transported it up a 4.3km-long riser system to the surface, “in what represents the first integrated system test conducted in the Clarion Clipperton Zone of the Pacific Ocean since the 1970s.”
