Smelting

EESTech, Inc. announces Heads of Agreement with Inductotherm Corp.

Retrieved on: 
Wednesday, February 19, 2020

EESTech has developed a patent pending design breakthrough in primary smelting furnace technology known as the IRF (Induction Reduction Furnace).

Key Points: 
  • EESTech has developed a patent pending design breakthrough in primary smelting furnace technology known as the IRF (Induction Reduction Furnace).
  • EESTech's CEO Murray Bailey said, "the signing of this Agreement marks a significant milestone for the company and represents an exclusive supply agreement for Inductotherm and a strong technology partner for EESTech."
  • Under the terms of Agreement, Samancor Chrome will purchase all Ferrochrome metal recovered by EESTech that meets agreed specifications.
  • The forward-looking statements are based on current expectations and neither the Company nor its management assumes any obligation to update these statements.

Hudbay Announces Pampacancha Surface Rights Agreement

Retrieved on: 
Tuesday, February 18, 2020

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced the community of Chilloroya has formally approved a surface rights agreement with Hudbay for the Pampacancha satellite deposit located near the Constancia mine in Peru.

Key Points: 
  • TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced the community of Chilloroya has formally approved a surface rights agreement with Hudbay for the Pampacancha satellite deposit located near the Constancia mine in Peru.
  • With the completion of this agreement, the company expects to be mining ore from the deposit in late 2020.
  • We are very pleased to have reached a Pampacancha agreement with the community, said Peter Kukielski, Hudbays President and Chief Executive Officer.
  • The company expects growth capital expenditures associated with project development and acquiring the surface rights for Pampacancha to be approximately $70 million in 2020.

Drosrite International LLC Provides Update on Backlog

Retrieved on: 
Monday, January 27, 2020

MAHWAH, N.J., Jan. 27, 2020 (GLOBE NEWSWIRE) -- Drosrite International LLC, a private waste management technologies company based in New Jersey, USA, (the "Company", the Corporation or "Drosrite International"), further to recently announced press releases, provides today an update of its backlog.

Key Points: 
  • MAHWAH, N.J., Jan. 27, 2020 (GLOBE NEWSWIRE) -- Drosrite International LLC, a private waste management technologies company based in New Jersey, USA, (the "Company", the Corporation or "Drosrite International"), further to recently announced press releases, provides today an update of its backlog.
  • Drosrite International had previously entered into a mutually exclusive arrangement with Radian to provide DROSRITE systems to Radian in their competitive bid for a major Aluminum Dross Processing project.
  • All DROSRITE systems supplied by Drosrite International are manufactured in the USA.
  • Drosrite International LLC is in discussion with other smelters to provide this type of service on a direct/indirect basis.

Hudbay to Host Conference Call for Fourth Quarter 2019 Results

Retrieved on: 
Friday, January 24, 2020

Hudbay plans to issue a news release containing the fourth quarter 2019 results on Thursday, February 20, 2020 and post it on the companys website.

Key Points: 
  • Hudbay plans to issue a news release containing the fourth quarter 2019 results on Thursday, February 20, 2020 and post it on the companys website.
  • An archived audio webcast of the call also will be available on Hudbays website.
  • Hudbay (TSX, NYSE: HBM) is an integrated mining company primarily producing copper concentrate (containing copper, gold and silver), molybdenum concentrate and zinc metal.
  • With assets in North and South America, the company is focused on the discovery, production and marketing of base and precious metals.

Hudbay Announces Appointment of Peter Kukielski as President and Chief Executive Officer

Retrieved on: 
Wednesday, January 22, 2020

TORONTO, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE:HBM) today announced the appointment of Peter Kukielski as the companys President and Chief Executive Officer.

Key Points: 
  • TORONTO, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE:HBM) today announced the appointment of Peter Kukielski as the companys President and Chief Executive Officer.
  • Mr. Kukielski had been serving as Interim President and Chief Executive Officer since July 2019.
  • We are very pleased to appoint Peter as Hudbays President and Chief Executive Officer, said Stephen A. Lang, Hudbays Board Chair.
  • Most recently, he was President and Chief Executive Officer of Nevsun Resources Ltd. until its acquisition in December 2018.

CRU: Future of Mount Isa Copper Smelter Open to Question

Retrieved on: 
Wednesday, January 22, 2020

LONDON, Jan. 22, 2020 /PRNewswire/ -- Glencore's 300,000 t/y Mount Isa copper smelter in Queensland has been pegged to close in 2023.

Key Points: 
  • LONDON, Jan. 22, 2020 /PRNewswire/ -- Glencore's 300,000 t/y Mount Isa copper smelter in Queensland has been pegged to close in 2023.
  • Glencore's Mount Isa smelter, located in outback Queensland, is Australia's largest copper smelter.
  • He went further to say that the economic viability of the Mount Isa smelter and Townsville refinery was not sustainable in the long term.
  • While the smelter had significantly improved its cost competitiveness and environmental performance, the longevity of the smelter was still in question.

Panoro Minerals Announces Exploration Plans for Humamantata Copper Project, Peru

Retrieved on: 
Monday, January 20, 2020

VANCOUVER, British Columbia, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV: PML, Lima: PML, Frankfurt: PZM) (Panoro, the Company) is pleased to announce its exploration plans for its Humamantata Project located in southern Peru.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV: PML, Lima: PML, Frankfurt: PZM) (Panoro, the Company) is pleased to announce its exploration plans for its Humamantata Project located in southern Peru.
  • Panoro Minerals is a uniquely positioned Peru focused copper exploration and development company.
  • In addition Panoro has interests in two early stage development projects, Kusiorcco, funded by Hudbay Minerals, and Humamantata, funded by JOGMEC.
  • The region boasts the recent investment of over US$20 billion into the construction or expansion of four large open pit copper mines.

CRU: Copper Concentrates - Key Themes for 2020

Retrieved on: 
Friday, January 17, 2020

LONDON, Jan. 17, 2020 /PRNewswire/ -- CRU's Copper Concentrates Team operates out of offices across the globe, with representatives in Santiago, London, Singapore, Beijing and Sydney.

Key Points: 
  • LONDON, Jan. 17, 2020 /PRNewswire/ -- CRU's Copper Concentrates Team operates out of offices across the globe, with representatives in Santiago, London, Singapore, Beijing and Sydney.
  • We follow everything from anode slimes to sulphuric acid prices, to construct our view on the wider copper concentrates market.
  • Below, we pick out 10 key themes that will steer the market in 2020.
  • A series of strikes and protests have elevated the risk of further mine disruptions in 2020.

CRU: Copper Concentrates - Key Themes for 2020

Retrieved on: 
Friday, January 17, 2020

LONDON, Jan. 17, 2020 /PRNewswire/ -- CRU's Copper Concentrates Team operates out of offices across the globe, with representatives in Santiago, London, Singapore, Beijing and Sydney.

Key Points: 
  • LONDON, Jan. 17, 2020 /PRNewswire/ -- CRU's Copper Concentrates Team operates out of offices across the globe, with representatives in Santiago, London, Singapore, Beijing and Sydney.
  • We follow everything from anode slimes to sulphuric acid prices, to construct our view on the wider copper concentrates market.
  • Below, we pick out 10 key themes that will steer the market in 2020.
  • A series of strikes and protests have elevated the risk of further mine disruptions in 2020.

Mexican Oligarch vs. Working Families: Striking Asarco Miners Ask Arizona Lawmakers, "Which Side Are You On?"

Retrieved on: 
Monday, January 13, 2020

Doug Ducey, state legislators, and the Arizona congressional delegation to intervene in the ongoing unfair labor practice strike at Asarco, the Arizona-based mining subsidiary of the giant Mexican conglomerate Grupo Mexico.

Key Points: 
  • Doug Ducey, state legislators, and the Arizona congressional delegation to intervene in the ongoing unfair labor practice strike at Asarco, the Arizona-based mining subsidiary of the giant Mexican conglomerate Grupo Mexico.
  • "Will they choose to stand with working families in Arizona, with the many veterans that work at Asarco, and with the Arizona communities that depend on the mining industry?
  • Or will they stand with a rogue Mexican oligarch hell-bent on exporting excessive greed, worker abuse and environmental devastation across the border?"
  • Grupo Mexico has a long history of abusing Mexican workers and their communities, but records show that Grupo Mexico is also targeting Americans.