Glencore
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Canada Nickel mulls using Glencore’s processing facility in Ontario
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has inked a deal with Glencore (LSE: GLEN) to explore the potential use of the miner and commodities trader’s Kidd concentrator and metallurgical site in Timmins, Ont. The Toronto-based nickel producer would use…
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JV Article: World Class Technology Investors Believe in Canadian Cobalt Exploration
A recent article Gates, Bezos-backed firm searching for cobalt in Canada (www.mining.com, Jul. 7, 2020), highlighted some of the recent positive events for cobalt exploration in Canada and a company that these tech gurus have formed, KoBold Metals. KoBold Metals is…
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Sourcing cobalt remains a challenge for electric vehicle manufacturers
German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete with Tesla in the burgeoning electric vehicle (EV) market. Tesla’s…
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GOLD: Monarch selects Ausenco for upgrading study on Kidd concentrator
TIMMINS – Monarch Gold has selected Ausenco Engineering to complete an upgrading study on Glencore’s Kidd concentrator, which would potentially be used to upgrade ore mined at the company’s Wasamac project in Quebec. In May, Monarch entered into a memorandum…
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TRAINING: Vale, Glencore join forces with Norcat
ONTARIO – Vale Canada, Technica Mining, and Sudbury Integrated Nickel Operations, which are part of Glencore, have joined forces with non-profit organization Norcat to develop, test, and deploy a series of technology-enabled blended learning programs aimed at transforming how the Canadian…
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GOLD: Iamgold buys Monarch’s Fayolle deposit for $11.5M
QUEBEC – Canada’s Monarch Gold is selling its Fayolle property in western Quebec to fellow miner Iamgold in a cash and share deal valued at $11.5 million. The Montreal-based company said the transaction will see Iamgold issuing $9.7 million in shares to Monarch and a $300,000 cash…
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COPPER-ZINC: Teck resumes operations at Antamina
PERU – Teck Resources announced on Wednesday that operations have resumed at the Antamina mine in Peru, in which the company has a 22.5% interest along with BHP (33.75%), Glencore (33.75%) and Mitsubishi (10%). A reduced operating workforce has been mobilized to the…
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NICKEL-COBALT: Canada Nickel expands Crawford holdings
ONTARIO – Shortly after releasing a maiden resource for its wholly-owned Crawford nickel-cobalt sulphide project near Timmins, Canada Nickel Company has announced that it has signed an agreement with Noble Mineral Exploration to acquire one additional property and entered into…
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COBALT: First Cobalt updates on refinery studies
ONTARIO – First Cobalt has released an update on the progress of recommissioning its cobalt refinery in partnership with Glencore. The company expects to complete a prefeasibility study for a 12 t/d restart scenario as well as a second feasibility…
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RESEARCH: Two schools, six producers extend RIME partnership to 2026
QUEBEC – Two universities – Université du Québec en Abitibi-Témiscamingue (UQAT) and Polytechnique Montréal – and six mining companies – Agnico Eagle Mines, Canadian Malartic Mine, Iamgold, Glencore’s Raglan mine, Newmont Goldcorp’s Eleonore mine, and Rio Tinto Fer et Titane…
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COPPER: Glencore expects higher copper production in 2019
SWITZERLAND – Commodities giant Glencore has reported production figures for 2018 and confirmed 2019 guidance that implies a 14%-year-over-year increase in copper equivalent production. Copper production reached 1.45 million tonnes in 2018, 11% higher than 2017, and Glencore expects that number to…
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TNM Data Miner: Largest global cobalt reserves in 2016
Using the IntelligenceMine database of our sister company Infomine, The Northern Miner compiled a list of the world’s five largest cobalt deposits in 2016, based on reserves. 1. Mutanda, Democratic Republic of the Congo Glencore’s Mutanda copper-cobalt mine in the Democratic Republic of the Congo…
