Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP

Having trouble viewing this email?  View online Mining News Digest Saturday 7 October 2017 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Freeport pressed to give most of Grasberg copper-gold mine to Indonesia ASAP Freeport agreed in August to divest a 51% stake in Grasberg to local interests in return for full operational control until 2041 plus fiscal and legal guarantees, but a final deal has still to be reached. read » Top iron ore exporter sees price dipping below $50 a tonne by 2019 Australia's Department of Industry, Innovation and Science sees iron ore prices averaging $50 a tonne next year, and dropping to $49 a tonne in 2019. read » In the heart of China's coal country, a city bans most coal The ban took effect from Sunday and restricts most companies and individuals from selling, transporting or burning coal in the urban area of Taiyuan. read » First gold poured at Rainy River, one of Canada's newest mines At full tilt, New Gold's Rainy River mine is expected to produce about 325,000 ounces of gold annually, during its 14-year estimated mine life. read » Can Mali maintain its gold mining status? The fate of IAMGOLD's Sadiola mine hangs in the balance as Mali's gold exports fall and production winds down. read » Room for further gold price declines until Fed sends dovish signal Gold's reactions to geopolitical developments, including these about the country ruled by the Kim dynasty, are usually merely short-lived and limited. read » Asia gold-transparency law and smuggling take shine off festival season India's recent restrictions on the industry and increased smuggling took the sheen off the bullion market heading into the peak festival season. read » Plans to restart giant Bougainville mine stall as operating rights battle rages Plans to reopen one of the world's biggest copper mines, shut by a civil war on the Pacific Island of Bougainville in 1989, have run into trouble. read » Russia takes advantage of China's North Korea coal ban As North Korean imports of anthracite coal have waned with sanctions, those from Russia have soared. read » Electric cars prompt consultants CRU to explore cobalt sulphate index Any cobalt sulphate prices published by CRU would be based on traded prices in China, a cobalt industry source said. read » McEwen Mining completes purchase of Black Fox complex The transaction closed today and included the Black Fox underground gold mine, stock mill, workforce, and nearby Grey Fox and Froome development projects. 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.