sábado, 15 de diciembre de 2018

Giant 552-carat yellow diamond unearthed in Canada's arctic

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Mining News Digest
Saturday 15 December 2018
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The stone was found at Dominion Diamond and Rio Tinto's Diavik mine.

The reassessments were related to income generated by Wheaton's wholly-owned foreign subsidiaries operating outside of Canada.

The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner unchanged.

The joint venture will allow the American lithium producer, the world's No. 1, to expand its presence in Australia.

The gem-quality white stone was recovered undamaged, the miner said, and will be sold at the next tender in January.

But short term pain will persist.

With the post-election honeymoon just about over, 2019 is the year Pinera must deliver.

The company completed its 2018 exploration program on the Esperanza Resources mineral concessions.

Catherine McKenna said that if mitigation measures are taken, Greenstone Gold Mines' project is not likely to cause significant adverse environmental effects.

Coal bosses see a need to address climate risk, but say Poland must use thermal coal for electricity until it has a better option.

'We are praying that they come out alive' – Meghalaya Chief Minister Conrad Sangma.

The union's Sibanye-Stillwater members remain on strike, disputing the miner's argument the action is now illegal.

If prices come down, we might see some buying because both the new year and the Chinese new year are coming up.

The refinery will initially be able to produce 3 metric tons of gold each month, and 1 ton of silver.

The company produces copper and gold at its Red Chris, Mount Polley and Huckleberry mines and lead and zinc at half-owned Ruddock Creek mine, all in British Columbia.

Last week Glencore warned that some buyers in China reneged on contracts after seeing prices plunge, forcing the company to renegotiate the commercial terms of the deals.

Paulson's campaign could have implications across the sector, where activism is historically low, returns have been disappointing, compensation is above-average and insider ownership is below-average.

Aurizon's 4 major railways in the Bowen Basin of Queensland, the world's largest coking coal export region, carry coal from mines owned by BHP Billiton , Glencore , Anglo American and Peabody Energy.

Gold stocks are an exceptionally-volatile sector not for the faint of heart.

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