miércoles, 21 de noviembre de 2018

China’s Zijin clears last regulatory condition for $1.4B Nevsun takeover

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Mining News Digest
Wednesday 21 November 2018
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Chinese and Canadian authorities have approved the Chinese miner's bid to buy Canada's Nevsun Resources.

BHP Billiton and BHP Billiton Plc are now BHP Group and BHP Group Plc respectively and all the tickers, including the ones on the London Stock Exchange and the Johannesburg Stock Exchange will switch to "BHP" on Nov. 23.

The Vancouver-based miner now owns 100% of the project with no underlying royalties.

Bonterra says two rigs are currently in operation at Gladiator.

The global energy-storage market will surge to a cumulative 942 gigawatts by 2040.

An average of $36.9 billion of gold changed hands each day in the city's over-the-counter market.

Do not expect higher gold prices due to the surge in inflation or dovish revolution within the Federal Open Market Committee.

BHP's maintenance work on its Port Hedland facilities, spare rail capacity and 40 ships waiting to be loaded means it will be able to make its production target for June 2018 – July 2019.

After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out.

The company says it acquired the property because of increasing demand for vanadium, and in particular vanadium-redox flow batteries.

Diavik Diamond Mine is located 300 kms northeast of Yellowknife, capital of Canada's Northwest Territories.

Natural disasters and glitches at their ageing facilities have prevented Nippon Steel from producing as much steel as they had planned.

Argentina and Chile have some of the world's richest lithium bearing salars and with EAL's and Sorcia's ability to access those resources it's a step closer in achieving our goal as a disruptive technology for Lithium extraction.

Mr. Angeles-Lithgow will provide critical local and in-country expertise to augment the geological and business acumen of the Company's management team and Board of Directors – Jeffrey Wilson, Precipitate President & CEO.

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