lunes, 30 de octubre de 2017

Canada's 3rd largest mining IPO points to healthy investor appetite

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Mining News Digest
Tuesday 31 October 2017
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Zinc major Nexa Resources up more than 12% since Friday's IPO.

Pourbaix replaces Brian Ferguson, who announced his retirement earlier this year following Cenovus' $17.7 billion acquisition of oil sands and natural gas assets from ConocoPhillips.

Fura Gems aims to resume production at the mine within six months of the deal closure.

General managers average $212,790 per year at Canadian mines

After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China's streets.

My good friend Pierre Lassonde, cofounder and chairman of Franco-Nevada, doesn't know how we'll replace the massive gold deposits of the past 130 years or so.

A source said the LME had made contact with established online venues Trayport and EBS, which are currently focused largely on energy and foreign exchange.

In third-quarter production report, Glencore lowered its output guidance for copper, zinc and coal but said full-year earnings would not suffer.

Prices for cobalt metal, used in production of electric vehicle batteries, have tripled to nine-year peaks above $30 a pound from below $10 a pound in late 2015.

Oreninc Index increases financings pick up.

U.S. Energy Secretary Rick Perry has come up with a controversial plan to slow the closure of coal-powered fire plants, under the guise of stabilizing the power grid.

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