Global lead mine production is forecast to reach about fivemillion tonnes by 2020 from 4.57million tonnes as demand increases, representing a compound annual growth rate of 2.1%, says global research and consulting firm GlobalData, noting the automobile indus try as a major demand driver.
Global lead mine production is forecast to reach about fivemillion tonnes by 2020 from 4.57million tonnes as demand increases, representing a compound annual growth rate of 2.1%, says global research and consulting firm GlobalData, noting the automobile indus try as a major demand driver.
GlobalData’s report, ‘Global Lead Mining to 2020’, published in January, states that this growth can be attributed to various upcoming lead projects, including base met als mining, explora tion and development company MMG’s Dugald River project, in northwest Queensland, Australia.
The optimised mine plan will support an operation of 1.7million tons a year with yearly production of about 170 000 t.
The mine will operate over an estimated 25 years while the orebody remains open at depth. The project is now 45% complete and remains on target for first concentrate production in the first half of 2018.
This story is from the Mining Weekly 21 April 2017 edition of Mining Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Mining Weekly 21 April 2017 edition of Mining Weekly.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Digitalised Mining Can Allow For Deeper Mining
The University of the Witwatersrand (Wits), in Johannesburg, will test its latest developments in digitalised mining technology in underground mining conditions in the next two months at the Sterkfontein caves, a World Heritage Site in Muldersdrift, near Krugersdorp.
Beyond Expectations
Anglo exceeds target as 2016 net debt declines to $8.5bn
Many Leagues Under The Sea
Proponents see glistening future in seabed mining, but environmentalists fret.
Greater Demand For Credible, Local Testing Spurs Growth
Local environmental laboratory X-Lab Earth Science plans to expand its sup-port for air-quality testing companies servicing the mining and minerals industry as demand grows for accredited data analysis in this sector.
First Bougouni Drilling Assays 'Highly Encouraging'
West Africa-focused mineral exploration and development company Kodal Minerals has a busy exploration programme planned for the months ahead, with a focus on its lithium projects at Bougouni, in Mali.
Market Barometer
ETFs act as market indicator for precious metals, ensuring improved transparency.
Test Production Starts at Mowana
Africa ­focused gold and copper explo­ration and develop­ment company Alecto Minerals has started test production at its Mowana copper project, in Botswana, after initial commissioning at the project’s process plant, says CEO Mark Jones.
Digging Deeper Becoming More Attractive, Financially Possible
Developing a new shaft is regarded as a grudge purchase by mining compa-nies and their shareholders because of the capital-intensive nature of such projects.
Shaft Sinking Progresses at Platreef's Shaft 1
The sinking of Shaft 1 at the Platreef platinum- palladium-gold-nickelcopper project, in Limpopo, South Africa, has reached a depth of more than 283 m below surface, 697 m away from its target depth.
Supply Cliff?
Commodities supply shortfall looming following years of underinvestment
