Mitsui to build desalination plant for BHP’s Spence copper mine in Chile

Having trouble viewing this email?  View online Asia News Digest Friday 13 October 2017 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Mitsui to build desalination plant for BHP's Spence copper mine in Chile The project will be the Japanese company's first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen). read » Move over gold, diamonds may become one of the greatest safe-havens The Singapore Diamond Investment Exchange (SDIX) has launched a new investment-grade, standardized diamond product to rival gold as a safe-haven asset. read » Chinese companies to build 700 coal plants in and outside China Of all the new coal generation expected to go online over the next decade, Chinese companies will build nearly half of it. read » 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 » Gold price: ETF investors remain bullish North American investors poured $2.5 billion into gold-backed funds in September despite pullback in gold price. read » Philippines confirms environment minister who supports open pit mining ban Roy Cimatu, who replaced ousted ecologist Regina Lopez in May, has said he would review evidence brought forward by mining companies and communities before deciding whether to keep, modify, or reverse his predecessor's measures. read » Chinese EV market nearing 2% penetration Plug-in-vehicle market in China surges to a record 1.8% of total passenger vehicle sales. read » Denver Gold Forum 2017 concludes with record activity As the world's premier precious metals equity event, the Gold Forum attracted 1,000 attendees who conducted a record 3,900 meetings. read » China bought tonnes of North Korean coal North Korea's biggest trading partner imported 1.64 million tonnes of coal in August read » Zinc deficits persist in the short term: BMI A new report from BMI Research states that the global refined zinc market will remain in deficit over the next few years read » China wants to reduce winter pollution by cutting steel production China is expected to slash in half the rate of steel production in Tangshan, a city in the north-east that produces 11 per cent of the country's total output read » China and Argentina to strengthen mining cooperation The Asian giant is very interested in "intensifying investment trade and cooperation" with Argentina 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 » 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 » Rio Tinto's $2 billion coal assets attract investor consortium: sources Sale is part of Rio's planned exit from Australian coal to focus on iron ore, copper and aluminum. read » India's Sept gold imports jump 31 pct on festive demand — GFMS Higher purchases by India, the world's second-biggest consumer, could lend support to global prices that are trading near their highest level in a week. 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 » 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 » 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 » 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 » Graphite seeing some upward movement The graphite market has shown its first sign of life in a few years with some upward price pressure. read » Read more Asia news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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