BHP says 2017 a ‘tipping point’ for electric cars

Having trouble viewing this email?  View online Copper News Digest Thursday 28 September 2017 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver BHP says 2017 a 'tipping point' for electric cars Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil. read » Indonesia's Freeport victory sets tone for foreign miners After months of negotiating with U.S. giant Freeport-McMoRan Inc, minister Ignasius Jonan secured majority local ownership of Grasberg gold and copper mine. read » Petra jumps on Tanzania letting it resume diamond exports Stock closed 12.2% higher at 64.80p, after it had fallen on Tuesday to its lowest since late 2015. read » Brazil's president revokes decree allowing mining in Amazon It would have opened up for mining a vast national reserve in the country's Amazon, larger than the size of Switzerland. read » China and Argentina to strengthen mining cooperation The Asian giant is very interested in "intensifying investment trade and cooperation" with Argentina read » PEA shows 22-year life for B.C. copper-gold-moly mine A preliminary economic assessment for a mine on Vancouver Island, British Columbia is showing promising economics – despite being in a jurisdiction challenging to build mines. read » Drone footage of Bingham Canyon copper mine Key says two of the biggest advantages of flying drones at Kennecott are safety and maintenance. read » Acacia's Buzwagi mine in Tanzania to produce just gold bars until it shuts Gold bars are not impacted by the export ban on gold and copper concentrate imposed by the Tanzanian government in March. read » More bad news for copper price Concentrate supply appears abundant as Chinese smelters hike treatment and refining charges by as much as 10%. read » Indian billionaire Agarwal to be Anglo American's top shareholder He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares. read » Philippines delays environment minister nomination approval over mining woes Former minister Lopez had to leave the post after the same legislative panel that delayed Cimatu's confirmation rejected her appointment. read » Giant Peru copper project attracts first bidder Peru is auctioning off the $2 billion Michiquillay copper project in the northern region of Cajamarca on November 15. read » South Africa labour disputes drag Petra Diamonds shares down Shares in the diamond miner fell for a second consecutive day after it warned that two of its South african mines had been affected by strikes. read » Peruvian farmer sues Newmont in US court over alleged use of violence, threats Acuña and her family claim the company used violence and threats to try to evict her from her home and so make way for its $5 billion gold and copper Conga project. read » BHP may leave Australia's top mining lobby group Investors will decide next month whether the company should quit the Minerals Council of Australia due to conflicting views on climate change and energy policy. read » Aussie consortium to spend $12m in research to boost copper production Initiative is part of South Australia's government strategy that aims to triple the state's copper production to one-million tonnes a year by 2030. read » Petra Diamonds may breach debt covenants on troubles in Tanzania The Africa-focused diamond miner said that would likely happen unless it solves its issues with the government of Tanzania. read » Rio Tinto's chief financial officer Chris Lynch to retire in 2018 He joined the company's board in September 2011 and was appointed chief financial officer in April 2013. read » Copper claws back lost ground after four-day run lower Copper rose on Tuesday, snapping four straight days of losses as a rally in oil prices to more than two-year highs boosted commodities more broadly, and on longer-term expectations that demand will grow and supply remain constrained. read » Investors wary as Tanzania moves to assert more control over mines New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa's brightest mining prospects read » In Wisconsin, GOP pushes to end sulfide mining moratorium Gov. Scott Walker voted to ban copper and gold mining in Wisconsin two decades ago. Now he may be asked to lift the one of-a-kind prohibition as his fellow Republicans push to continue opening up the state's north woods to mining. read » Nickel prices drag Canadian Mining Eye Index down After an 11% increase in 2017's first quarter, the Canadian Mining Eye index dropped 7% in the second quarter, according to professional services firm EY. read » Central Asia Metals to buy Lynx Resources for $402m The deal is expected to be both earnings- and cash-flow-per-share-accretive in the first full year, the company said. read » UK inventor James Dyson to launch electric car by 2020 The billionaire inventor of the bagless vacuum cleaner said his company was building an electric car which will launch by 2020, the latest firm to challenge traditional carmakers in a burgeoning market. read » Taseko gets permit and board approval for construction of Florence copper test facility The Environmental Appeals Board (EAB) of the Environmental Protection Agency (EPA) has issued an order denying any further review of the Underground Injection Control (UIC) Permit granted in 2016 for Taseko's Florence Copper Project. read » Miner Kincora secures EBRD help to explore Mongolia The European Bank for Reconstruction and Development will acquire a 6.16 percent stake in the Canadian company for 1.4 million Canadian dollars ($1.1 million) to further its exploration in Mongolia. read » Read more Copper news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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