martes, 22 de agosto de 2017

Copper rally lifts Antofagasta’s profits — up 88% in first half of 2017

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Mining News Digest
Wednesday 23 August 2017
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The miner believes a tightening global supply of copper will keep prices on the high-end of the spectrum this year and next.

It's the first time the event has been reproduced in a lab environment similar to the one within Neptune and Uranus.

Prices for the steelmaking material have increased almost 50% since its 2017 lows.

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago.

According to the Industrial Development Agency (ARP), net profit at Polish coal mines stood at 1.45 billion zlotys (US$400.06 million) in the first half of the year compared to a 800 million zlotys loss a year earlier.

Mopani Copper Mines, Glencore's Zambian unit, said on Tuesday it may lay off nearly 5,000 workers due to a dispute with its electricity supplier over prices that has led to reduced power supply to its […]

Method is believed to deposit waste containing toxic minerals in ground waters.

Due to uncertain timing on the need for the commodity used as fertilizer

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