domingo, 23 de julio de 2017

Glencore bets on copper with $21M investment in Brazilian producer

Having trouble viewing this email?  View online
MINING.com - your source for global mining news
Mining News Digest
Monday 24 July 2017
Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium

Glencore (LON:GLEN) has placed a multi-million-dollar bet on copper by investing just over US$21 million (GBP 16.16 million) into Brazilian copper producer Paranapanema (PMA).

A hot and dry summer in British Columbia has set forests aflame, and last week the effects of Mother Nature were felt by two prominent BC mines.

The White Gold District in the Canadian Yukon territory is continuing to see movement, this time among junior gold explorers hoping to grab a piece of the action.

US dollar falls to more than 2-year low as Trump's pro-growth agenda stalls in Washington.

The Bokoni mine, a joint venture between Atlatsa and Anglo Platinum, produces around 150,000 ounces of platinum group metals per year.

Work at the asset, located immediately next to Cameco's Fox Lake uranium discovery, will be carried out by a helicopter-supported team based at Cameco's nearby majority-owned McArthur River.

Gakara mine, which operated for 30 years until 1978, is expected to restart commercial production in the fourth quarter of the year.

A new lead and zinc mine in northwestern Cuba is on track to start production in October as part of the Caribbean island's attempt to breathe fresh life in its mining sector, the joint venture Emincar overseeing the project said this week.

Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage.

Palladium is another element with great importance to the modern economy, but it's often overshadowed by the other more famous and expensive precious metals.

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials.

1 Day Spot Gold Price
1 Month Copper Price
Find MINING.com on Facebook
Follow MINING.com on Twitter
Subscribe to the RSS Feed
Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium
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.

No hay comentarios:

Publicar un comentario

You have been invited to contribute to La Tota Tv

Hello, The purpose of this message is to inform you that La Tota TV has invited you to contribute to their blog "La Tota Tv"...