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Wednesday, 23rd June 2021
9:39:59pm

Mining

Articles related to mining

An arrangement was reached on the joint preparation of a long-term agreement for interaction and cooperation between Norilsk Nickel and public organizations of the Sami in the Murmansk Province. Rough&Polished was put in the picture following today's meeting in Murmansk between Andrey Grachev, the company’s Vice President and Elena Rocheva, President of the Kola Sami Association.

They discussed the issues related to the preservation and development of the Sami language, culture, and traditional economic activities of the indigenous peoples in the Murmansk Province. Elena Rocheva thanked Norilsk Nickel for supporting several socially significant projects, including the publication of the Almanac of Sami Literature in 2019, as well as the assistance provided by Norilsk Nickel last year in creating a monument to the feat of soldiers of the Sami reindeer transport battalions, who defended the Soviet Arctic during World War II. A representative of the Sami community also spoke about the activities of the Sami organization and communities.

“Measures to support local communities representing the interests of the indigenous small-numbered peoples of the North have always attracted special attention of Norilsk Nickel acting within the framework of its own Indigenous Rights Policy. The company has a rich positive experience of interaction with associations of the indigenous peoples of the North in Taimyr: the five-year development plan elaborated by Norilsk Nickel together with the tribal communities is currently being implemented. And although Norilsk Nickel has no operations on the territories of traditional Sami residence in the Murmansk Province, we always treat with understanding the needs and requests of the indigenous people of the regions where the company operates. Today there is every reason to continue our interaction at a new qualitative level,” stressed Andrey Grachev.

In October 2020 Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, has signed cooperation agreements with three organizations representing the indigenous peoples of the Taimyr Peninsula.

These organizations represent over 90% of the indigenous population living in the north of Russia. Nornickel has developed jointly with them a comprehensive, five-year support programme totalling 2 billion roubles. The new programme expiring in 2024 includes a wide range of various initiatives aimed at the protection of the natural habitat and support of the traditional activities of the indigenous peoples, as well as funding for housing, medical, infrastructural, touristic, educational, and cultural projects.

 -Rough & Polished

Russia’s Federal Agency for Ethnic Affairs (FAEA) and Norilsk Nickel signed an agreement on interaction and cooperation while providing support to the indigenous small-numbered peoples of the North (ISNPN).
Igor Barinov, Head of the Federal Agency for Ethnic Affairs noted the timeliness of the event since the development of the Arctic is becoming one of the priorities for the state. “It is particularly important that during the industrial development of the Russian North we do not forget about the people who originally live here, who lead a traditional way of life. This agreement should strike a balance between industrial development and preservation of the unique nature of the Russian North and the way of life of the indigenous peoples,” he said. “It should lead people to have a clear choice: to live the lifestyle of their ancestors, but at the same time have access to medicine, education and other things, or to change their destiny by getting an education and devoting themselves to another field of activity.”
Andrey Grachev, Vice President of Norilsk Nickel recalled the start of eight major events, which already occurred in 2021, as part of the company's support given to the indigenous small-numbered peoples of the North. According to the top manager, two billion rubles have been allocated to this program planned for five years.
Grigory Dyukarev, Chairman of the Taimyr Indigenous Peoples' Association said that this agreement envisages, among other things, the construction of a House of Culture in the village of Kheta, celebration of national-ethnic holidays, and subsidies for air travel. “This program embraces the entire Taimyr Peninsular. Add to this the introduction of a separate budget line to finance the ethnological examination of the factors that ensure sustainable development of indigenous peoples. We are already negotiating with the company to continue scientific research of ethnic groups to cover not only the western part, but also the eastern part of Taimyr. There are also environmental measures to be taken, which include the construction of fish factories and regular monitoring of the environment,” said Grigory Dyukarev. “The indigenous peoples are pinning their hopes on the new agreement signed today, as their representatives will be able to fully participate in the dialogue,” the chairman of the association added.
The Federal Agency for Ethnic Affairs and Norilsk Nickel agree that all decisions to support the development of indigenous peoples should be made with the direct participation of community representatives, Igor Barinov stressed. “Only in this case they will be effective, only then they will be targeted, and people will feel the support from the company. We are ready to get involved in this work coordinating our activities together with the regional authorities, together with the company and representatives of the indigenous peoples of the North, so that people feel the changes in their daily life,” he said.
The vice-president of Norilsk Nickel announced the creation of the Coordination Council of ISNPN Communities under the head of the company's Polar Division. “We also think that the regional authorities (Krasnoyarsk Territory) will respond to our proposal. After the formation of the council, a program of interaction will be drawn up,” Andrey Grachev said.

 

West Africa-focused Cora Gold reports that a series of new surface gold discoveries have been identified from satellite imagery and surface prospecting programmes at the Sanankoro gold project, on the Yanfolila gold belt in southern Mali.

The three new mineralised structures identified include a 4 km trend of new surface workings identified at Selin – the largest and highest-grade deposit at Sanankoro.

To date, new X-ray fluorescence work has defined a clear strong gold, arsenic and tungsten signature that will facilitate fast-tracking additional Selin-styled diorite-host resource targets.

The second mineralised structure is an 8 km trend of surface workings identified west of the C Zone – Bokoro west trend, on newly identified Bokoro far west trends. The two new trends of surface workings were identified east of the Sanankoro main trend south.

The third mineralised structure is a 3 km north-eastern extension of the Dako II Main discovery, which is a new prospect located on the Dako II far east trend.

In total, over 900 samples have been collected and panned to identify these three discoveries.

Follow-up drilling is now planned on these discoveries with the company’s Dando rotary air blast rig during the first half of the year.

Cora CEO Bert Monro says these new discoveries will be ordered and prioritised accordingly and fed into the drilling pipeline at Sanankoro. “The fact that the team on the ground is continually making new discoveries bolsters our confidence that the Sanankoro resources are growing significantly over time with further drilling.”

CONVENTION AGREEMENT

In addition, the company has been awarded a new convention agreement – Convention d’Établissement, one of the first under Mali's new mining code, with respect to the Sanankoro permit area, which expired, in accordance with the prior Mining Code, on February 1.

A Convention d'Établissement sets out the administrative, legal and fiscal framework under which the permit holder will operate when working on the relevant area.

Cora looks forward to announcing the award of the related new permit in due course, once the necessary process set out in the new Mining Code has occurred. This will subsequently complete the permitting process. 

-Mining Weekly

De Beers reportedly increased rough diamond prices at its second sight of the year, which commenced last Monday, as prices continue to recover from the COVID-19 pandemic.

Bloomberg cited unnamed sources as saying that De Beers lifted prices by about 4%.

Demand for rough diamonds had been showing positive trends since the fourth quarter of 2020, and encouraging levels of consumer demand for diamond jewellery continued during the holiday season in the US, while China also performed well.

De Beers chief executive Bruce Cleaver said early this month that the group registered growth in demand for rough diamonds at the first cycle of the year as mid-stream customers sought to restock and to fill orders from retail businesses.

"Sales of rough diamonds are also being supported by expected demand ahead of Chinese New Year and Valentine's Day," he said then.

"While risks to recovery as a result of ongoing restrictions on the movement of both people and goods persist, we have been encouraged by demand conditions."

De Beers continued to implement a more flexible approach to rough diamond sales during the first sales cycle of 2021, with the Sight event extended beyond its normal week-long duration.

The diamond giant accrued $650 million from the first sales cycle of 2021 compared to $551 million, a year earlier or $452 million the previous month.

Tanzania’s earnings from gold exports rose 34% last year, helped by increased output and higher prices, the Bank of Tanzania said in its latest monthly economic review.

Gold exports fetched $2.95-billion, up from $2.21-billion in 2019. This came as tourism earnings declined 59% to $1.1-billion amid the coronavirus pandemic.

The current account deficit narrowed to $662 million from $1.3-billion as imports declined. Oil imports fell 30% to $1.25-billion, while exports of manufactured goods rose 13% to $912 million.

The central bank expects economic growth to have slowed to 5.5% in 2020, but said it may exceed 6% this year, driven by public infrastructure spending.

-Mining Weekly

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