#Australia’s #Queensland government on Friday gave environmental approval for billionaire #ClivePalmer’s #Nickel refinery in the state, aiming to avert an immediate closure of the plant that would throw more than 500 people out of work.
Read more at: http://www.reuters.com/article/queensland-nickel-shutdown-idUSL4N16J1JH
“We are convinced that the future of mining is very important for #Chile’s economy. With the input of the mining industry, we can build a knowledge-based economy. #Technology overcomes the mining challenges we have dealt with,” said #AuroraWilliams
Read more at: http://www.miningweekly.com/article/chiles-unemployment-levels-fall-despite-copper-price-rout-2016-03-09
#GE: The system functions in two parts, one in which heat is collected from the #Sun and stored in molten salt. In the other, some of the surplus electricity is used to cool a pool of liquid #CO2 and turn it into dry ice. The molten salt is used to heat the solid CO2 to create a supercritical fluid — a state where CO2 will present the characteristics of both a gas as well as a liquid — which will then power an innovative turbine called a #Sunrotor.
Read more at: http://www.ibtimes.co.in/ge-uses-co2-solve-solar-energys-biggest-drawback-670116
Looking a bit to the future of these areas, much of #Chile’s recent growth has come from helping satisfy #China’s demand for #Copper. With China now easing off the growth accelerator, can Chile overcome this loss?
Read more at: http://www.forbes.com/sites/hbsworkingknowledge/2016/03/08/an-economic-mystery-surrounding-argentina-and-chile/3/#23b9114d4582
Fortuna Silver’s San Jose Mine Mill Expansion A Small Part Of A Bigger Picture#China Construction Bank Corp. has become the first #Chinese bank to participate in the London #Silver price fix, in a further demonstration of the country’s footprint in global financial markets.
Read more at: http://www.wsj.com/articles/china-construction-bank-becomes-first-chinese-bank-to-help-set-silver-price-1457366991
The world’s no.1 and no.4 #Iron ore miners are in talks that could see #Brazil’s #Vale SA taking a minority stake in #Australia-based #Fortescue Metals Group and blending their iron ore to win market share in #China.
Read more at: http://www.reuters.com/article/us-vale-sa-fortescue-jv-idUSKCN0WA05C
Climbing demand for the metal #Lithium at a time of broader commodity weakness has #Canada’s #Nemaska Lithium Inc and Western Lithium #USA Corp confident they can soon obtain scarce capital even as other junior miners struggle.
Read more at: http://www.reuters.com/article/us-mining-pdac-lithium-idUSKCN0W92AT
The #Queensland Government has spelled out a strict set of conditions under which it might help #ClivePalmer’s ailing #Queensland #Nickel refinery in #Townsville.
Read more at: http://www.abc.net.au/news/2016-03-06/strict-conditions-for-potential-queensland-nickel-loan/7224804
#Chinese companies will continue buying overseas mining assets as the industry goes through structural changes and #China looks to lower its dependence on resources controlled by foreign companies, He Wenbo, chairman of China #Minmetals Corp., said on Sunday.
Read more at: http://www.bloomberg.com/news/articles/2016-03-06/china-minmetals-chairman-sees-more-purchases-of-overseas-assets
#Indonesia plans to establish a dedicated section within its main stock exchange to host initial public offerings by startups, as #Southeast #Asia’s largest country pursues its vision of becoming a regional cradle of technology #Entrepreneurs.
Read more at: http://www.bloomberg.com/news/articles/2016-03-03/indonesia-plans-to-create-startup-ipo-market-to-draw-investors
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