viernes, 29 de junio de 2018

Chile injects $1bn into Codelco

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Saturday 30 June 2018
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The figure, though significant, is minor when taken in the context of Codelco's $18 billion investment plan aimed at upgrading its aging mines and dealing with dwindling ore grades.

Australia's Lucapa Diamond (ASX:LOM) has found an 89-carat yellow diamond at its 70%-owned Mothae mine in Lesotho during the current bulk sampling program.

Sibanye Canada and Regulus' newly formed Argentinean subsidiary Aldebaran Resources will create a strategic partnership to unlock value at the copper-gold project, located in the San Juan province.

The parliament's revision of the strategic agreement, set for September, may lead to increased environmental payments for the Canadian miner.

A German battery plant could help ease an expected negative impact in the workforce employed by the local automotive industry.

Mongolian lawmakers approved a plan to sell up to 30% of the troubled Tavan Tolgoi coal mine in the Gobi desert.

Mining-union leader Napoleon Gomez Urrutia, who fled to Canada more than a decade ago after being accused of embezzlement, is on the short list for a senate seat in Mexico with presidential front-runner Andres Manuel […]

The world's No.2 mining company needs copper to reduce its reliance on iron ore.

Bluerock Diamonds was up 7.87% to GBX1.27 (CAN0.02) a share after announcing production had resumed at its South African diamond mine, Kareevlei. The company announced that it had found a long-term fix for its cone […]

BHP Billiton will add two electric vehicles to its 240 fleet of trucks at its Olympic Dam mine in South Australia. The vehicles are being tested looking at various performance measures, such as the vehicles' […]

Thyssenkrupp's supervisory board on Friday gave the green light for a steel joint venture with Tata Steel, paving the way for the European steel sector's biggest shake-up in more than a decade.

Canada struck back at the Trump administration on Friday over U.S. steel and aluminum tariffs, vowing to impose punitive measures on C$16.6 billion ($12.63 billion) worth of American goods until Washington relents.

Unless demand falls back, or some of these outages dissipate, oil prices could be heading much higher.

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