miércoles, 19 de diciembre de 2018

Tradewind expands metals-trading blockchain platform to silver

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Silver News Digest
Thursday 20 December 2018
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Sumitomo Corporation Global is one of the first adopters of the new silver trading blockchain platform.

Cononish underground gold-silver mine is expected to produce 23,500 ounces of the precious yellow metal annually for up to 17 years.

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

Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper.

The support ship will be used at the company's Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, set to be the world's first commercial deep-sea mine.

On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year.

The discovery was made at the Daro project, located in the Tigray Regional State of northern Ethiopia.

It is already being called by some experts "the thickest high-grade copper intersection seen in years."

Economic growth in Yukon and Nunavut is expected to surpass the rest of Canada due to new mine construction.

The transaction was closed for about C$31 million.

Palmer is a volcanogenic massive sulphide-sulphate joint venture project between Constantine and Dowa Metals and Mining, Constantine owns 51% of the project and is its operator.

Inalum was proposing to sell a 10% stake in PT Freeport Indonesia to Papua for $819 million.

The drill program east of the mine is targeted at high grade gold zones associated with a previously undiscovered major fault structure.

When it came to analyzing named executive officers in mining firms, only 8% were women.

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

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

Together with the acquisition, the Vancouver-based miner will change its name to Norra Metals Corp.

The complex produced more than 1.0 billion lb. of copper and almost 206,000 oz. of gold.

Prospecting, rock and soil geochemical sampling graded as high as 231 grams per tonne silver, 2.83% copper and 6.15% zinc at the Dragon Tale zone over an area measuring 1.4 km by 0.7 km.

The Vancouver-based miner has to spend $8 million in qualifying expenditures and complete a preliminary economic assessment.

The project is located in Zacatecas, Mexico's second largest gold producing state.

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