domingo, 27 de agosto de 2017

UK coal use drops to 135-year low

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Mining News Digest
Monday 28 August 2017
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Once the engine of the Industrial Revolution rooted in the UK, coal is now less popular than ever as an electricity source.

Two miners have been killed in an underground mine collapse in South Africa caused by an earth tremor.

Working with an investment bank to off-load 25% interest in giant potash project in Saskatchewan according to new report.

China will shut 6,000 non-coal mines in an effort to reduce mining accidents and deaths by 2020, the State Administration of Work Safety said in a five-year plan.

China's metals trade figures were once a spotlight on the state of the world's manufacturing engine and price driver.

The price of one of the most common lithium ion battery precursor materials, cobalt sulphate, has continued to surge in August by over 14%.

The junior gold miners' stocks have spent months grinding sideways near lows, sapping confidence and breeding widespread bearishness.

A miner with spending money just increased its fleet and made another giant leap forward in expanding its already producing Nevada project.

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