A Blog for Browsing Mining, Mineral Processing, and Metals Info

Zimbabwe Mining Development Corp., a state-owned company, plans to start metal production with Eurasian Natural Resources Corp. (ENRC) and a Chinese company on concessions taken from Anglo American Platinum Ltd. (AMS) and Impala Platinum Holdings Ltd. (IMP)

A venture with ENRC, controlled by businessmen from Kazakhstan and the government of the former Soviet Union country, is due to start producing platinum in the first quarter of next year. An exploration report from an alliance with the Chinese company, previously identified as Norinco International Cooperation Ltd.  is due by year-end.

http://www.bloomberg.com/news/2013-10-22/enrc-china-move-toward-platinum-production-in-zimbabwe.html

Chinese nickel pig iron (NPI) market remains subdued as major steel mills have cut their purchase price for next month, with the recent rally in nickel prices lending little support.

A Canadian mining company vying to become one of the world’s major producers of heavy rare-earth minerals says it’s moving ahead with development of its Northern Quebec deposit after positive results from a prefeasibility study.

http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/quest-to-move-ahead-with-quebec-rare-earth-project-after-positive-results/article15014659/

Almost two months have passed since Philip C. Jessup, Jr. passed away in the United States but his friends and family in Indonesia still remember him fondly as a warm person with a big heart.

Jessup — a senior executive and lawyer to one of Indonesia’s largest nickel miners PT Inco (now Vale Indonesia) — was a key player in the creation of the so-called Second Generation Contracts between the Indonesian government and mining companies.

http://www.thejakartapost.com/news/2013/10/23/in-memoriam-mining-executive-philip-jessup-s-deep-connection-indonesia.html

Expansion expectations around BHP’s Pilbara operations escalated yesterday in response to the group’s stronger-than-expected September production report and commentary from chief executive Andrew Mackenzie, which followed recent messages by Rio that it would approve its own $US5bn-$US6bn expansion next month.

http://www.theaustralian.com.au/business/mining-energy/miners-plan-10bn-boost-for-iron-ore/story-e6frg9df-1226744830144#sthash.4qVhnDyL.dpuf

China’s Jinchuan has lifted its nickel price by nearly 5% so far this week following gains in the metal’s price on the London Metal Exchange.

(Reuters) – Anglo-Australian mining giant Rio Tinto will launch an $8 billion loan refinancing on Wednesday, banking sources said on Tuesday.

The deal will refinance an existing $6 billion loan that was put in place in November 2010, the sources said.

http://www.reuters.com/article/2013/10/22/us-rio-tinto-idUSBRE99L13A20131022