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Colin Bennett

BHP chief says big mining will meet demand - 0 views

  • Marius Kloppers said the big mining houses had the capacity to meet the world’s rising demand for fuels and ores in the coming decades in a speech where he also sought to downplay fears expressed by industrialising nations over “resources security”.
Colin Bennett

Teck Says China Partner to Add Customers - 0 views

  • Teck Resources Ltd., Canada’s largest base-metals producer, said its partnership with China’s sovereign wealth fund will win the company more coal, copper and zinc sales and provide financing for future acquisitions.
Colin Bennett

Barrick Gold takes 'rare' opportunity with $7.3B bid for Equinox Minerals - 0 views

  • Barrick said Monday it wants to take advantage of a “rarely” available opportunity to buy a well-established, large copper miner by acquiring Equinox and beating a rival hostile bid for the company.<Chinese-owned Minmetals Resources submitted in its own hostile bid valued at $6.3 billion earlier this month, but withdrew its bid early Tuesday.
Colin Bennett

Deep-sea mud in the Pacific Ocean as a potential resource for rare-earth elements - 0 views

  • We show that deep-sea mud contains high concentrations of rare-earth elements and yttrium at numerous sites throughout the eastern South and central North Pacific. We estimate that an area of just one square kilometre, surrounding one of the sampling sites, could provide one-fifth of the current annual world consumption of these elements.
Colin Bennett

The impact of 7bn people on commodities markets - 1 views

  • Since Thomas Robert Malthus wrote ‘An Essay on the Principle of Population’ in 1798, a succession of reports, including Paul Ehrlich’s ‘The Population Bomb’, have focused on doomsday scenarios linking the rapid population growth to scarce and costlier natural resources. Yet, the price of commodities – in real terms, after adjusting by inflation – has, at times, barely reacted to population growth.
Colin Bennett

Mitsubishi, Quellaveco Copper Mine New Development Project, to Increase to Annual Average of 280,000 tons - 0 views

  • About Quellaveco Copper Mine New Development Project of Peru, Mitsubishi Corporation Mineral Resources Investment Division B positions one of next core assets, copper production is expected to increase to annual average of 280,000 tons from 225,000 tons which is existing plan.
Colin Bennett

Mining the Antarctic - 0 views

  • All this while crews try to figure how to drill pass the mantle of ice covering 99% of the continent, which is over 2 miles thick, but it stores an abundance of highly sought resources, including coal, iron ore, manganese, copper, lead, uranium, diamonds and billions of barrels of oil reserves.
Colin Bennett

Wire and Cable: Materials, Technologies and Global Markets Report - 0 views

  • Much of the volatility in the cable market is tied to the raw material costs on the supply side. As a result, the pricing trends of cables and wires are not entirely driven by market demand. The market is also far from being homogenous, with the end user profiles ranging from wholesale purchasers, telecom operators, retail users, utility managers, power supply companies as well as enterprises. The leverage enjoyed by the buyers is by and large directly proportional to their off take and inversely proportional to the criticality of cables and wires to their operations. While the technology behind cables has remained consistent, it has not stayed static. As with most applied sciences, cables have witnessed a relentless stakeholder drive towards achieving better transmission with lesser resources. This has led to improvement and improvisations in the core conductor as well as its assembly technologies.
Colin Bennett

Freeport-McMoRan Looking to Sell Large Copper Mine in Chile - 0 views

  • Freeport-McMoRan Copper & Gold Inc. is looking to sell its large Candelaria copper mine in Chile, an asset sale that could raise several billion dollars, according to people familiar with the matter. The mine has attracted interest from Magris Resources Inc., a Toronto-based mining-investment vehicle headed by former Barrick Gold Corp. chief executive Aaron Regent, according to these people. Phoenix-based Freeport, which...
Colin Bennett

Energy Storage Tames Renewables - 0 views

  • A tremendous effort is taking place worldwide to increase the amount of wind and solar generation interconnected to the grid, and it is very successful. Today’s power system has more renewable generation than ever before. With all the financial enticements, regulatory motivations and environmental inducements, tomorrow’s grid will only integrate more of it. As the 21st century power system builds out, it is going to include a lot more wind and solar generation than it does today. To make it all work, there are big changes taking place on the grid and the application of energy storage systems is one of those. They are going to play a critical role in the successful integration of renewable energy resources into the grid.
Colin Bennett

Davos: Easing U.S.-China dispute could boost copper - 3 views

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    In a report from the German non-ferrous metal association, reference is made to a long-term trend towards protectionist measures of resource-rich countries. Since 2008, the number of measures has increased from 100 to 858 in Jan 2017 (hence largely before President Trump's inauguration). Easing on trade appears not to be in sight.
Hans De Keulenaer

Charged EVs | Critical battery metals could be mined from polymetallic nodules found on the ocean floor - 1 views

  • DeepGreen Metals recently acquired Tonga Offshore Mining Limited (TOML), giving the company exploration rights to a 75,000-square-kilometer block of seabed believed to contain some 756 million wet tons of polymetallic nodules.
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    A story which sounds too good to be true usually is :-). Checking this story through CRM4EV.
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