sábado, 29 de septiembre de 2018

Congo-owned Sokimo may hinder transfer of Kibali mine to Barrick

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Mining News Digest
Saturday 29 September 2018
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The state miner warned it would "assert its rights" in Barrick Gold's acquisition of Rangold's stake in the Kibali mine, but did not provide details of its plans.

For the 12 months to June, SolGold's pre-tax loss was A$15.3 million, compared to $8.3 million it recorded a year before.

Talks between the miner and China National Nuclear Corporation were confirmed by the country's energy minister.

Tesla Inc.'s plunging stock price indicates investors want Elon Musk to quickly cut a deal with the Securities and Exchange Commission.

Transportation of considerable amounts of waste water to offsite storage basins will likely cause extra costs over the next few months.

Several global metals producers have also set their sights on Indonesia's nickel reserves, looking to tap an expected surge in demand for the battery metal.

The strike added to recent supply pressure on bauxite and alumina, key raw materials for aluminium production.

Physical demand saw an uptick in the world's biggest gold consumer, China, after prices fell to six-week lows this week.

Delivering a $7.1 billion budget in parliament, Margaret Mwanakatwe pledged to bring debt down and to trim the fiscal deficit to 6.5 percent of GDP in 2019.

The World Bank Group expects its participation to attract another $4 billion in backing from investors as well as public and private funds.

The Swiss asset manager and commodities trader will use blockchain technology to account for trades and aims to offer investors the option to use its coin as a digital currency.

The dinner debate allowed researchers, policymakers and industry leaders to assess together how greater collaboration between these groups can help Europe.

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