Top copper miner's output slump adds to worry on metal shortfall

Having trouble viewing this email?  View online Mining News Digest Saturday 10 November 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Top copper miner's output slump adds to worry on metal shortfall Codelco reported declines across all of its mines in September as ore grades fell an average of 5% in the first nine months of the year. read » Fortuna's Lindero project on track for production in Q3 2019 The company estimated that project expenditures in 2018 to total between $110 million and $130 million. read » ALROSA reports October diamond sales $242.8 million – down 28% YoY ALROSA's total diamond sales in January-October 2018 grew 6% YoY. read » Guyana Goldfields starts underground development at Aurora The company is investing more than $120 million, which is a first in the history of the South American country. read » Rio's Argyle pink diamonds tender breaks record The 2018 collection of the finest pink, red and violet diamonds continued its trajectory of double-digit price growth. read » Cobalt prices could rally 30% by mid-2019 Glencore's suspension of Congo exports shows how cobalt production expansion plans can go awry. read » Lundin Gold completes one third of construction at Fruta del Norte Lundin Gold expects to reach the ore body at its Fruta del Norte project in Ecuador during the first quarter of 2019, and pour first gold at around this time next year. read » Kimberlites exploration drilling underway in Fort à la Corne Saskatchewan Star Diamond Corporation announced that Rio Tinto Exploration Canada commenced an HQ core drilling program on 11 holes. read » Permitting delayed at Black Butte in Montana The company says it will expand its mine plan to include a treated water reservoir that can meet Montana's new pollution standards. read » Australia lithium miner Altura says it has signed offtake deal with China's Ganfeng The deal will see Altura supply Ganfeng with 8,000 tonnes of 6-percent spodumene concentrate this year and a minimum of 70,000 tonnes per year from 2019 to 2021. read » Gold falls to 1-month low as hawkish Fed boosts dollar U.S. gold futures fell over 1 percent to $1,212.20 per ounce. read » Stung by Asian dominance, Germany pours cash into EV battery ventures Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries. read » South Africa's Gold Fields Q3 production down 3% South Deep has faced numerous operational obstacles below the surface and is undergoing restructuring that would cut around about 1,100 jobs. read » Key festivals light up Indian demand We were initially skeptical about Diwali demand but it jumped this week, despite higher prices – Harshad Ajmera, the proprietor of JJ Gold House read » Sanjeev Gupta's Liberty gets financing for Dunkirk aluminium smelter Rio Tinto and Liberty had announced a binding agreement on the sale of the Dunkirk site, Europe's largest aluminium smelter, in a deal expected to be worth $500 million, subject to final adjustments. read » Big US stocks' Q3'18 fundamentals The bottom line is the big US stocks dominating the S&P 500 just reported blowout Q3 results. 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.