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(Bloomberg) The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion.Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Stocks Fall Before Nvidia’s Must-Watch Earnings: Markets WrapUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into ....
Mozambique port critical to chrome exports gets upgraded railway link miningweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningweekly.com Daily Mail and Mail on Sunday newspapers.
[s & P: new discoveries of global copper mines hit a 30-year low] according to Mining.com, an analysis by S & P Global Market Intelligence) shows that most companies in the copper industry have been investing in brownfield (Brownfields) projects, coupled with the fact that it takes too long to make discoveries to release reserves, leading to a continued decline in large discoveries that can change the fundamentals of the market. ....
Copper cupboard remains bare as discoveries dwindle S&P study Copper cathodes (Stock Image) The copper industry’s continued investment in mostly brownfields exploration opportunities, combined with generally longer timeframes from discovery hole to reserve statement contribute to the continued low rates of major discoveries that can move market fundamentals, an analysis by S&P Global Market Intelligence found. An analysis of significant copper discoveries between 1990 and 2020 shows that of the 229 deposits discovered in the period, only three were found in the past three years. Sign Up for the Copper Digest Sign Up While Latin America was the top location for discoveries over the past ten years, the 26.3 Mt of copper found is significantly lower than any other decade since 1990. While this is up from only one identified for the period in S&P’s 2020 analysis, the 4.6 million tonnes in the three deposits are well below the total discovered in most yea ....