Antofagasta approves $1.3B expansion of Los Pelambres

Having trouble viewing this email?  View online Mining News Digest Friday 16 November 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Antofagasta approves $1.3B expansion of Los Pelambres mine Company said the expansion, to start in early 2019, would add an average 60,000 tonnes of copper a year to its production over the first 15 years of operation. read » Supreme Court to hear appeal in Innu-Rio Tinto dispute The Innu First Nations filed their lawsuit in 2013, seeking compensation of $900 million. read » Shipping gauge spells trouble for iron ore, coal Rates for dry bulk cargo carriers have collapsed 70% since August. read » Wheaton Precious Metals shares drop after reporting third quarter results Adjusted net earnings were $35 million, a 49% drop from $67 million in net earnings in the third quarter of 2017. read » Germany's K+S axes earnings guidance as severe drought hits production The Germany-based fertilizer producer now forecasts earnings before interest, taxes, depreciation and amortisation (EBITDA) between 570 and 630 million euros, compared with previous forecast of 660 to 740 million euros. read » Endeavour increases indicated resource 90% at Kari Pump The company has now upgraded 90% of its Kari Pump resource to the indicated category. read » Sandstorm Gold board approves $18m share buyback, shares jump The 18.3 million shares represent approximately 10% of Sandstorm's current shares outstanding. read » Glencore's Katanga warns of earnings hit if Congo row not resolved Although Katanga said that copper production was continuing as normal, it warned that its earnings would be affected if the dispute is not settled. read » Ghana to raise $750m through London IPO of minerals fund Ghana will seek to raise $750m through a sale of shares in a fund that will hold the West African nation's stakes in mining companies and receive royalties. read » Paulson seeks immediate resignation of Detour Gold's CEO The company "unsuccessfully tried to boost short-term performance" including "questionably running up its accounts payable to exaggerate cash flows." read » Silver Range to sell Nevada gold mine Silver Range sampled the back of a collapsed stope in the Gold Chief property and the results returned 14 m at 1.93g/t gold including 4 m at 3.86 g/t gold. read » Zinc One receives positive results from Peruvian project Results are from the Bongará Zinc Mine located in north-central Peru. read » Botswana Diamonds buys Alrosa's stake in Sunland Minerals JV The company acquired the remaining 50% in the joint venture from its previous partner and said negotiations were already advanced with an unnamed potential new associate. read » Mining solutions firm receives patent for gold extraction process This company's system, which is portable and nontoxic, affords mining companies cost and time efficiencies. read » Section 232 comments oppose domestic uranium quota Underscore risk to U.S. Nuclear Industry and National Security while failing to establish need for 25 percent quota. read » Read more news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Mining News Digest". You mayunsubscribe at any time. The information contained in “Mining News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Mining News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.