Glencore to sell stake in fraught New Caledonia nickel operations

Mexico's president calls for ban on open-pit mining and Hillgrove starts copper production at Kanmantoo mine

Forward this email  |  View in browser MiningTechnology In Brief February 13, 2024 SPOTLIGHT READ Glencore to sell stake in fraught New Caledonia nickel operations The company has been the primary funder of the nickel project, which has repeatedly failed to turn a profit, for more than ten years. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Mexico's president calls for ban on open-pit mining  No new open-pit mining concessions have been granted since 2018.   Atco plans to acquire 75% stake in Saskatchewan uranium project The project comprises seven mineral claims spanning 3,061 hectares (ha) and includes a 6.5km stretch of an 18km conductive corridor.   Hillgrove starts copper production at Kanmantoo mine The first revenues from copper concentrate sales are expected this week.   WA explorers Horizon and Greenstone announce merger Horizon shareholders will own 63.1% of the merged entity, with Greenstone shareholders holding the remaining 36.9%.   Stanmore to buy South32's stake in Queensland coal project Stanmore will acquire the stake in the Eagle Downs project for $135m, which includes an upfront cash payment of $15m.   EU Parliament resolution criticises Norway's deep sea mining plans Environmental campaigners say the resolution sends a strong message about the bloc's stance on the practice.   International Graphite commissions Collie micronising plant It will be the first facility in Australia to produce graphite products for customer acceptance testing. Read more news INDEPTH READ Underground Mining Equipment Market Analysis   The total number of underground mining trucks and loaders/LHDs in underground mines at the end of 2023 was estimated at 22,927, of which 19,718 were at active mines. GlobalData predicts that the highest growth in machine counts is expected in Oceania and Africa and the Middle East, supported by both new purchases from new mines entering production and replacements. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo MINE Digital Magazine   MINE Issue 137 | February 2024   In this issue: How automation is changing mine fleet management, unlocking India's lithium resources, 2024 commodity price predictions, plus a supplement on Internet of Things in mining. Read the magazine Click below to view more from across the network: Power Technology   |   Offshore Technology   |   Energy Monitor   Was this email forwarded to you? Sign up here.   Please send any news or comments to: energy.editorial@verdict.co.uk   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences