jueves, 7 de febrero de 2019

Osisko Mining owns the best drill intersection of 2019

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Mining News Digest
Friday 8 February 2019
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Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.

Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.

Company has signed a new $2.7-billion term loan and revolving credit facility, replacing the existing $1.5 billion one.

The company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.

The Russian gold producer has received a 15-year mining permit for its Lefa mine.

The indicated resource totals 7.6 million tonnes grading 117 g/t silver, 0.5% zinc and 0.3% lead.

Wallbridge has plans to start its 2019 drilling program in mid-February.

Last year, Chile's total copper production rose by 6 percent to 5.83 million tonnes.

Gainey Capital's Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne.

A Yancoal spokesman said that its Moolarben Coal complex had been directly impacted by the train derailment but that it was too early to advise of any potential impact to customers

"A prolonged embargo will have negative impact on earnings, cash flow and sentiment."

In the past, gifts have included electric fans, laptops, pressure cookers and televisions.

The National Mining Agency aims to issue an ordinance on Friday requiring that upstream tailings dams be taken down or converted into other types of dams.

Rescue efforts were hampered by dangerously high levels of toxic gas underground.

Is the LME trying to create a reputational green wash that allows it to say its members source responsibly because they tick some boxes?

The government sold a total of 73 tonnes of gold to two firms in the United Arab Emirates and another in Turkey.

The company staked 35 new claims that cover potential extensions to the high-grade ore previously mined at the site.

The Temple Mountain property was first mined in 1914.

Other assays were positive as well.

Two phases are planned to de-risk and expand on the current resource report last November.

The junior explorer reported this week that Grasset's H1 zone has now been intersected for 1,140 metres along strike.

The proposed tariff, would fall to 18% in the second year and 14% in the third year.

The European steel sector is navigating choppy waters as the car industry is slowing and pressure on oil prices has dampened demand from the oil equipment industry.

ArcelorMittal is investing in projects in Mexico and Brazil, and has bought Votorantim in Brazil and Italy's Ilva, Europe's largest capacity steel plant.

MMK expects healthy output volumes, and that the asset will not remain loss-making in 2019.

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