Industry News

04.20.2018

COLUMN-Sanctions fever grips nickel as market rethinks Russia risk – by Andy Home (Reuters U.S. – April 20, 2018)

https://www.reuters.com/ LONDON, April 20 (Reuters) – Sanctions fever has spread to nickel. With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel. Deripaska is a 27.8 percent shareholder in Norilsk, while the oligarch […]

04.20.2018

Flanders to Holland and back: Resource Clips visits the diamond industry in Belgium and the Netherlands – by Greg Klein (Resource Clips – March 13, 2018)

http://resourceclips.com/ As if providing an outer defence, a solid line of retail jewellers blocks two broad avenues from Antwerp’s famed diamond district. Access comes mainly through a side street with a police-controlled traffic barrier. More cops and soldiers (the latter attesting to Belgium’s ongoing terror alert) patrol the narrow streets inside. The only vehicles seem […]

04.20.2018

Zimbabwe’s parliament orders Mugabe to answer questions over diamonds – by by MacDonald Dzirutwe (Reuters U.S. – April 20, 2018)

https://www.reuters.com/ HARARE (Reuters) – Zimbabwe’s parliament has ordered former leader Robert Mugabe to answer questions next month about whether the state was deprived of $15 billion in diamond revenue, a legislator said on Friday. It will be Mugabe’s first public appearance since last November when the army deposed him in a de facto coup after […]

04.20.2018

Sudbury mining industry poised for global expansion – by Karen McKinley (Northern Ontario Business – April 20, 2018)

https://www.northernontariobusiness.com/ President of CEMI touts region as the future global hub of mining at opening luncheon of Modern Mining and Technology Sudbury Sudbury’s mining sector has come a long way in the last three decades, and the next big phase is going to be the region as home for global innovation. That was the message […]

04.20.2018

Ride sharing app offered at Thunder Bay airport

Taxi competitor provides passenger pick-up, drop-off service

04.20.2018

Sudbury mining industry poised for global expansion

President of CEMI touts region as the future global hub of mining at opening luncheon of Modern Mining and Technology Sudbury

04.20.2018

Funds to upgrade water system at Sudbury airport

Porter Airlines gets money for maintenance facility

04.20.2018

‘We assert our title’ says Liard First Nation chief at economic development conference – by Philippe Morin (CBC News North – April 19, 2018)

http://www.cbc.ca/news/canada/north/ Mining might well be “the greatest chance of building something,” when it comes to economic development in Kaska territory, says the chief of the Liard First Nation. However, George Morgan says agreements with mining companies need to significantly change. Morgan was speaking Wednesday at an economic development conference in Watson Lake, in what he […]

04.20.2018

Scarcely ahead: tech titans and the resource race (part 1) – by Jessica Clarence (The Strategist – April 20, 2018)

https://www.aspistrategist.org.au/ In 1980 US President Jimmy Carter established the Carter Doctrine, asserting the right of the United States to protect strategic interests in the Middle East. The doctrine reflected the reality that oil sustained the US (and world) economy, and without it economies would collapse. ‘Energy geopolitics’—competition between states for energy security—reflected this worldwide resource […]

04.20.2018

Alrosa plans rough diamond trading in India, seeks reduction in 40% tax – by Dilip Kumar Jha (Business Standard – April 19, 2018)

http://www.business-standard.com/ Alrosa sells around 16 per cent of its annual rough diamond output directly to India through its 15 long-term and 140 spot and auctions clients Russian diamond-mining major Alrosa will start rough diamond trading in India once the government brings the tax on it down to 0.56 per cent from 40 per cent now […]

04.20.2018

Electric vehicles not denting oil demand (IT-Online – April 20, 2018)

IT-Online Short-term oil demand is still growing strong and will continue to do so through the end of 2020; a trend taking place despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit. Refined product demand growth has averaged 1,2-million barrels per […]

04.20.2018

China can’t control the market in rare earth elements because they aren’t all that rare – by James Vincent (The Verge.com – April 17, 2018)

https://www.theverge.com/ You can’t handle the truth (about rare earth elements) If you need to know one thing about rare earth metals, it’s that they’re crucial to modern technology, helping power everything from MRI machines and satellites to headphones and nuclear reactors. If you need to know two things, it’s that despite their name, they’re not […]

04.20.2018

Illegal gold miners invade Grace Mugabe’s farm amid legal dispute – by Philemon Bulawayo (Reuters U.S. – April 20, 2018)

https://www.reuters.com/ MAZOWE, Zimbabwe (Reuters) – A farm owned by Robert Mugabe’s wife Grace is at the centre of a legal dispute after hundreds of illegal gold miners invaded parts of the property and started mining gold. A Reuters photographer saw hundreds of illegal miners digging for gold at the Smithfield citrus farm using picks and […]

04.20.2018

Pacific White shrimp find a home in the North

Newest aquaculture business growing seafood staple south of Sudbury

04.20.2018

Acacia, investors in talks on possible joint venture

Acacia Mining reiterated on Thursday that it is still in discussions with Chinese investors for a possible investment deal in one or more of the firm’s mines in Tanzania. The […]

04.20.2018

Zimbabwe mineral exports up 12%

Mineral exports revenue jumped 12% to US$372,5 million in the first quarter of the year (Q1) compared to US$332,4 million in the same period in 2017 driven by increased tonnage […]

04.20.2018

De Beers pushing to formalise artisanal mining and trading

De Beers Group yesterday announced it was preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) […]

04.19.2018

Sudbury tech symposium draws global interest

Annual Tech Day attracts big names like Google Cloud, crime and terrorism expert

04.19.2018

White River sawmill making major upgrades

$9.5 million investment at White River Forest Products focuses on product development

04.19.2018

COBALT-GOLD: Fortune updating NICO feasibility

NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is updating the 2014 feasibility study for its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The project is one of the few new cobalt mines that could be in production by

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