Teck chooses Sumitomo to develop Chilean copper project in $1.2B deal

Having trouble viewing this email?  View online Mining News Digest Wednesday 5 December 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Teck chooses Sumitomo to develop Chilean copper project in $1.2B deal Sumitomo Metal Mining and Sumitomo Corp. will pay $800 million earn-in contribution and $400 million matching contribution for a third of Teck's 90% interest in Quebrada Blanca mine. read » Ivan Glasenberg places a dirty $36B bet: Chris Bryant Glencore's coal business should be a license to print money for several more years. read » Malaysia tells Lynas to remove radioactive waste for licence renewal It needs to be removed by September 2, 2019, when Lynas' temporary storage licence expires. read » DRDGOLD begins first phase of Far West tailings project The South African miner is kicking off this week its Far West gold recoveries project in Gauteng with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into construction of the first phase. read » Taseko to buy out Yellowhead Mining Yellowhead is the owner of the Harper Creek copper-gold-silver project about 90 km from Kamloops, British Columbia. read » VW says last generation of combustion engines to be launched in 2026 The German carmaker is now committed to radical steps to stop global warming. read » Vale to go it alone on $500m investment in New Caledonia nickel mine New Caledonia could be a very important part of our strategy to supply nickel, especially given the EV revolution. read » The Saudi dilemma: To cut or not to cut To cut and push up prices or not to cut and preserve market share. read » Serbia's mining sector could contribute 5% of national output by 2023- minister Rio Tinto and China's Zijin Mining are potentially the biggest investors. read » No. 2 platinum miner mulls purchases in low-cost asset shift Chief Executive Officer Nicolaas Muller said Implats could return to profit by around 2020 by shutting older shafts at its Rustenburg mining complex. read » Copper deals to get elusive after Teck's $1.2 billion sale The expansion of the mine, which will require an estimated investment of $4.7 billion, is set to start producing in 2021 and could double Teck's copper business. read » Miramont gets green light to start drilling at Peruvian project The Vancouver-based miner anticipates drilling to begin early in the New Year. read » Drill results from Spanish Mountain cut more good grades in pit area The selective program targeted the high grade, near surface first zone, and the results did not disappoint. read » E3 Metals technology improves concentration and recovery E3 says its extraction process is better than existing methods. read » Glasenberg eyes successor as Glencore readies new generation Glasenberg, a workaholic, straight-talking South African who has become the public face of the commodity trading industry, has led Glencore for nearly two decades. 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.