jueves, 13 de julio de 2017

Massive copper mine tests Trump's push to slash regulation

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Mining News Digest
Friday 14 July 2017
Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium

The Resolution copper project in Arizona would be a prototype for a looming era of more invasive US mines as companies run out of easy-to-reach deposits.

Uranium improved to an 8-week high this week, but consensus forecasts are for a 35% rise over the next 12 months.

The miner said it continues to seek a "constructive dialogue" with the country's government to gain assurance that its operations will not be affected by newly enacted mining law.

The bill, approved by a vast majority, defines the conditions companies must fulfill to get a licence for launching a space mining mission.

Ore with 62% content in Qingdao added $1.86 overnight to close at $65.91, the highest since May 3 and 20% more than those year lows hit mid-June

Working 50 metres (164 feet) under ground with minimal air supply, Uuganbaatar is one of thousands of Mongolians trying to make a living digging for coal.

Australia's New South Wales state said on Wednesday it would buy back half of a coal exploration licence from China Shenhua Energy Co Ltd , bowing to pressure from farmers and environmentalists opposed to mining on prime agricultural land.

The Critical Investor discusses a proposed business combination that would transform an explorer into a developing producer with major assets in Nevada.

Despite hedge funds' bearish bets, silver price's 14-year uptrend is very much intact and investors continue to pour money into silver-backed ETFs.

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