jueves, 24 de agosto de 2017

Germany brings home $28bn worth of gold reserves

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Europe News Digest
Friday 25 August 2017
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With the move, the country's central bank has completed its plan to bring back home 54,000 gold bars that were still being held in foreign vaults.

Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.

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

The miner believes a tightening global supply of copper will keep prices on the high-end of the spectrum this year and next.

Measure is part of a broader plan to restore profitability at the division, which saw adjusted operating profit fell by 37% in the second quarter of this year.

The division will be divided into two separate units beginning 2018 — Minerals Services and Minerals Consumables.

The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist.

Metal traded above $3,000 per tonne on the LME for the first time since November 2007.

Water level makes it "too risky" for rescuers to try accesing area where miners were believed to be when the accident happened.

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

The world's top diamond producer by output in carats still expects to produce about 39 million carats this year.

The diamond miner decided to offload those units to focus on its Tongo-Tonguma project in Sierra Leone, which has the potential to generate earnings of $45 million a year.

A study of Roman coins has shown how the defeat of Hannibal and the Carthaginian empire led to coinage spreading across the Roman Empire from silver mines in Spain.

La Escondida was the last project of its type in the Castilla and León region

The Anglo–Swiss multinational secured the first mining leases for its $7 billion Wandoan coal project in Queensland's Surat Basin

Tiny flecks of gold could be used in the fight against cancer

Chalkstone was born out of counter-insurgency tactics used by troops in Afghanistan, but its unique methodology is now being used by miners, which can map-out power structures and counter the potentially crippling risk of strikes and political opposition.

The Canadian diamond miner now expects to produce between 265,000 carats and 285,000 carats, compared with the previously targeted 290,000-310,000 carats.

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.

While Bulgaria may not be the first country investors equate with gold mining, executives at one TSX Venture Exchange-listed company are sitting on pins and needles waiting for the drill results that could prove their high-grade thesis.

In 1517, Michelangelo climbed Mount Altissimo in Tuscany and found the marble of his dreams.

De Beers Group today announced a US$3 million investment in a three-year partnership with Stanford Graduate School of Business (GSB) to empower young, aspiring entrepreneurs and established business owners in Botswana, Namibia and South Africa.

A total of 102 miners have been brought to the surface and another 33 miners have been located in the mine in Yakutia in eastern Siberia and are being evacuated.

Authorities seek to settle differences with the Canadian miner over Skouries, one of the gold projects the firm is currently developing in northern Greece.

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