martes, 26 de septiembre de 2017

SLIDESHOW: Paulson hedge fund in blistering attack on top gold miners

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Mining News Digest
Wednesday 27 September 2017
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"If we don't do anything we will continually be disappointed and the industry will slowly dig itself into a hole of irrelevance and oblivion."

A new report from BMI Research states that the global refined zinc market will remain in deficit over the next few years

There is a strong correlation between the location of BIF caves and the presence of iron ores of global economic significance

Following several days of losses, iron ore spot markets saw a slight growth on Tuesday

London-based Graff Diamonds paid nearly $47,777 per carat

The Sierra Leone-focused miner has found gold of almost "bonanza grade" at the Ferensola gold project in the Sula Mountains of Sierra Leone.

It would have opened up for mining a vast national reserve in the country's Amazon, larger than the size of Switzerland.

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.

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.

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.

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