Infomine

By Michael Allan McCrae In September Norwegians swung strongly for electric vehicles and gave zero-emission vehicles a 45% market share, says Advisory Council of Veitrafikken AS (in Norwegian). There were 4,810 passenger plug-in cars registered in Norway last month, up 25% from a year ago. With more electric vehicles sold, average CO2 emissions per vehicle […]

By Cecilia Jamasmie Shares in Canadian miner Ivanhoe Mines (TSX:IVN) jumped Monday after it announced a significant new discovery of high-grade copper on its 100%-owned Western Foreland asset, west of the Kamoa-Kakula mining licence in the Democratic Republic of Congo (DRC). The find, named Makoko, is Ivanhoe’s third major copper discovery in the DRC, as

By Cecilia Jamasmie China won’t renew harsh restrictions on coal and steel production capacity originally targeted at cut air pollution, as the country’s trade war with the US has begun to affect growth. Rather, local governments will have to decide how to meet emission targets during the smog-prone winter season, which runs from November to

By Cecilia Jamasmie World’s second largest miner Rio Tinto (ASX, LON:RIO) and its joint venture partners, Mitsui & Co and Nippon Steel & Sumitomo Metal, approved Monday a $1.55 billion investment to sustain production capacity at two iron ore projects in Western Australia. Rio said it would invest a total of $820 million across Robe

By Valentina Ruiz Leotaud A fancy pink diamond weighing 5.03 carats sold this week for more than $2.9 million, setting a new auction world record of $583,551 per carat for a diamond of its kind. The rock was auctioned at a sale organized by Bonhams London Fine Jeweller, which beat Sotheby’s Geneva previous record of

By Valentina Ruiz Leotaud A report by Fitch Research predicts that metallurgical coal prices will decline from their current high levels over the next 18 months. Thus, the report suggests miners’ focus would probably be on cost controls. According to the market researcher, global costs in the metallurgical coal sector increased by 18% in 2017

By Frik Els Spiking cobalt and lithium demand from booming sales of electric vehicles grabs all the headlines, partly thanks to Tesla CEO Elon Musk’s propensity to make news, but another battery metal has actually experienced more action this year. Vanadium is primarily used to strengthen steel (today it makes up more than 90% of

By Cecilia Jamasmie Rio Tinto (ASX, LON:RIO), the world’s second largest miner, has been talking to China National Nuclear Corporation (CNNC) about selling the state-owned company its stake in Namibia’s Rössing uranium mine. While the mining giant has not officially acknowledged the negotiations with CNNC, Namibia’s energy minister Simeon Negumbo confirmed them to local paper

By Mining Intelligence No mine stays constant over time. Grades can change or stripping ratios can increase as the pit gets deeper. Projects have ramp-up periods where production rates increase or decrease as the mine nears the end of its life. Mining Intelligence’s Surface Evaluation Application recognizes this reality. We have built a solution that

By Cecilia Jamasmie Japanese heavy equipment maker Komatsu Mining said Thursday it will build a $285 million state-of-the-art headquarters and manufacturing campus in Milwaukee, US, which has the potential to bring about 440 jobs to Wisconsin’s largest city. The company, which last year took over local mining equipment maker Joy Global, reached an agreement with