McEwen shares crater after $40m stock offer

Having trouble viewing this email?  View online Mining News Digest Tuesday 19 September 2017 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium McEwen shares drop after $40m stock offer McEwen announces bought deal at deep discount to ruling share price to finance purchase of Ontario gold mine. read » Palladium price consensus forecasts point to end of the rally Speculative frenzy not entirely supported by fundamentals. 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 » About 2,500 jobs on the line at Impala Platinum's Rustenburg operations The miner warned further reductions could be in store at those operations, which employ 31,000 people. 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 » Electric London cabs spur reopening of UK aluminium plant Norsk Hydro is reopening a British plant in Wales to supply material for the country's first electric vehicle factory. read » Canadian miners increase efforts to prevent child and forced labour in the supply chain Initiative seeks contributing to global efforts in preventing the use of child and forced labour in the mining supply chain, and to providing information needed to demonstrate the responsible sourcing of minerals and metals. read » Botswana seeks option to buy unusually big diamonds from its mines Draft bill gives government first option to buy unusually large diamonds found in the country's mines, such as the world's second-biggest 1,109 carat diamond discovered by Lucara two years ago. read » Kinross Gold to spend $1bn to expand Mauritania, Nevada mines Projects aim at boosting output and lowering costs. read » Iron ore price drops as Chinese steel begins to pile up Chinese steelmakers are producing at record rates before mandated cuts in winter which could result in a steep drop-off in iron ore demand later this year. read » Fortescue says CEO to step down, growth focus to shift beyond mining Fortescue Metals Group Chief Executive Neville Power will step down in February, a voluntary but surprise departure that sent shares sliding, as the world's fourth-biggest iron ore producer looks to diversify beyond mining. read » Read more news on MINING.com » Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Mining News Digest". You mayunsubscribe at any time. The information contained in “Mining News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Mining News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.