Vale informed Samarco about the resumption of operations
On Dec. 23, Vale announced that Samarco Mineracao S.A. will gradually resume operations from today, as well as the Germano complex in Mariana, Minas Gerais state, and the Ubu complex in Anseta, Espirito Santo State.
When it returns, Samako will use one of the three ore concentrators at the Germano complex and one of the four pelleting plants at the Ubu complex to make pellets, with annual capacity of 7m to 8m tonnes, or 26 per cent of The company's total output.
Credit Suisse: Copper is expected to take a breather near $8,000 a tonne
Credit Suisse said in a report Wednesday that it expects copper prices to take a breather near $8,000 a metric ton, but that the long-term outlook remains positive.
The agency said it would take some retracement before the market would point to $8,346 and $8,895 a tonne before a clear break above $8,000 a tonne was reached.
Peru hopes to expand investment in mineral exploration
According to GMS, the Institute of Mining Engineers recently held a webinar in which local experts said Peru had the potential to attract 7-8% of global investment in mineral exploration.
Zetti Gavelan, vice-president of Bambas, said that if Peru secured that share, the mining industry would be able to fire for another 50 years.
China's aluminium imports hit a record high
China's aluminium imports hit a record high in the first 11 months of this year, surpassing the previous record set in 2009, largely driven by cross-market arbitrage imports, according to statistics released by the General Administration of Customs on Wednesday.
In the january-November period, China imported 2.44 million tons, four times more than in the same period last year and more than 2.32 million tons for all of 2009.
Imports in 2009 were also the highest ever.
Democratic Republic of Congo joins Cobalt Action Partnership
Willy Kitobo Samsoni, Minister of Mines of the Democratic Republic of Congo, announced this week that he had joined the Cobalt Action Partnership (CAP), which aims to eliminate child and forced Labour from the cobalt value chain and contribute to the sustainable development of the DRC.
The Democratic Republic of Congo holds 3.5m tonnes of cobalt, the world's largest, and supplies about 50 per cent of the world's cobalt each year.
Gazprom's supply of natural gas to China via "Power of Siberia" will double by 2021
The supply of natural gas from Gazprom to China via the Trans-Siberian Power pipeline will double by 2021, the vice president of the Russian gas company said, Sputnik News Agency reported Tuesday.
Gazprom plans to deliver 5 billion cubic meters of natural gas to China in 2020, 10 billion cubic meters in 2021 and 15 billion cubic meters in 2022 through the "Power of Siberia" pipeline.
The right to develop an iron ore mine in Mbaram, Cameroon is in dispute
It is understood that Australian Sundance company signed agreements with the governments of Cameroon and Congo respectively in November 2012 and July 2014 to develop mbalam-Nabeba iron ore mines.
Because of the delay in starting the development, the Kazakh and Kazakh governments are increasingly dissatisfied and ready to abandon the cooperation with the company.
Sundance recently accused the Kazakh and Kazakh governments of failing to comply with relevant laws and previous agreements and said it would submit to international arbitration if reasonable demands were not met within 60 days.
India's NMDC and MECL have teamed up to explore for iron ore and coal
Two Indian state-owned Mineral Exploration Corporation Limited(MECL) and NMDCL, which mine iron ore, have reached an agreement to explore iron ore, coal and other mines in India, officials said in a statement.
By meeting the needs of India's domestic steel industry, NMDC hopes to contribute to the government's policy of manufacturing self-sufficiency.
In a statement, NMDC LTD's chairman said it would focus on priority exploration areas and help achieve the goal of boosting domestic steel production.
Polar Gold will spend $600 million to advance the project
Polar Gold (Polyus) said it would spend $600m on a new gold processing plant and push ahead with the expansion of its second largest mine in Siberia, Blagodatnoye.
After the gold processing plant is completed, Polar Gold will go all out to develop the Sukhoi Log giant mine.
Chief Financial Officer Mikhail Stiskin told Reuters that while the company currently has a large portfolio of gold resources, it was looking to buy more gold exploration licenses in the long run.
South Africa approves sale of South32 thermal coal business
South Africa's antitrust court on Wednesday cleared a major hurdle for the sale of Australia's South32 thermal coal business to Seriti Resources.
In November, South32 announced the sale of South32 SA Coal Holdings (SAEC) and a gradual exit from the coal market, as investor pressure and climate change issues prompted South32's green transformation.
PUDA history:
PUDA is a 28-year’s leading, growth-focused manufacturer of packing equipment and custom-engineered and integrated plant-wide system for dry bulk powders, flakes, and granules. PUDA-International Inc. is a Canadian based company located in Great Vancouver, Canada in 2004. Puda owns world famous partners like Southern Copper Corp. Rio Tinto Group, Zijin Group, LG China, OT Group, FL Smith, MCC,KAZ Minerals PLC and E.Mix and ECUACORRIENTE S.A.
Puda is totally committed to achieve customer satisfaction around the world by providing quality service to top clients from conception to installation, through to commissioning and after sales support.
Puda bagging machines range from individual equipment to automated systems that are suitable to mineral, metallurgy, agriculture, chemicals and food.
Bagging Machines
Heater sealer
Check-weigher and-rejecter
Hooking scale, platform scale
Mixers/Blenders
Dry mortar plant
Screeners
Bulk bag discharger
