jueves, 20 de julio de 2017

Activist investor Elliott calls BHP potash plans ‘disastrous’

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Mining News Digest
Friday 21 July 2017
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Hedge fund manager says expanding into the currently over-supplied fertilizer market is just a bad idea.

After strong start to 2017, US steel output growth for the first six months slows to just 1.3%.

While the decision doesn't ban Fortescue from continuing to operate the mines, it paves the way for the group to sue the company for hundreds of millions of dollars in compensation claims.

The arbitrator has sided with miner, allowing it to move forward with the case against the Central Asian country.

As steel production reaches all-time high Chinese miners pump out most iron ore since 2015 while refined copper output jumps 12% to highest in 18 months.

In resuming coverage of Eldorado Gold following the acquisition of Integra Gold and its Lamaque property, BMO Capital Markets analyst Andrew Kaip looked at the impact of the move, as well as at other factors pressuring Eldorado stock.

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday.

The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing.

Independent diamond industry analyst and consultant Paul Zimnisky has published a report on global rough diamond prices in the 10 years since the global financial crisis.

Klondex Mines Ltd. released its second quarter operating results on July 18, reporting record production and sales.

Typically, U.S. Presidents are wary of claiming stock market performance as a referendum on their success.

Chemist says geothermal reservoirs could also produce electricity

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