Articles for tag: company, Metals, nickel, nodules, polymetallic, produce, seafloor, SGS, sulphate, worlds

April 23, 2024

Ron Finklestien

mining

Metals Company and SGS produce world’s first nickel sulphate from seafloor polymetallic nodules

Following the successful nickel sulphate production, SGS continues testing to produce what TMC believes will be the world’s first cobalt sulphate from polymetallic nodules. “The production of the world’s first nickel sulphate from deep-seafloor nodules is an important milestone, confirming that our custom flowsheet configuration can be deployed to process these remarkable rocks into final products suitable for use in batteries,” said TMC head of onshore development Jeffrey Donald. “The data collected will inform further engineering decisions to move this towards commercial scale, and TMC continues to expect that initial production will begin with a capital-light approach by leveraging the

February 18, 2024

Ron Finklestien

mining

SSR Mining Faces Turbulence as SVP is Detained over Mine Disaster SSR Mining Faces Turbulence as SVP is Detained over Mine Disaster

On a gloomy Friday, Reuters reported the shocking news of the detainment of SSR Mining’s high-ranking executive, adding to the tally of eight company employees under investigation in connection with a catastrophic landslide at the Copler mine. This devastating event has resulted in nine workers missing since Tuesday, an ordeal that has cast a dark cloud over the entire corporation. In the harsh mountainous terrain of the Erzincan province in eastern Turkey, hundreds of courageous search and rescue personnel are tirelessly combing through the rubble in a desperate attempt to locate the missing workers, presumed to be buried beneath the

January 31, 2024

Ron Finklestien

mining

The Remorseless Collapse of First Quantum Minerals

Metal and mineral markets are notoriously erratic and prone to abrupt downturns. The 2023 plunge in nickel, cobalt, and lithium prices, while extreme, is but one of many such episodes in the volatile history of these commodities. Industry veterans can recall the tumult of rare earth production, the fluctuations in platinum group metal markets, and even the rollercoaster ride of gold and silver trading over the years. Despite geopolitical and market upheavals, major mining companies have grown nimbler at navigating choppy waters. However, the ranking of the top 50 miners in 2023 witnessed swift and drastic changes – a stark