miércoles, 18 de octubre de 2017

Vale puts stake in New Caledonian nickel unit up for sale

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Mining News Digest
Thursday 19 October 2017
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Move is part of a wider review of low performing assets after new Chief Executive Fabio Schvartsman took charge in June.

Chinese buyers are rumoured to be the key targets of the sale.

The Swedish firm is fine-tuning details for a group split that will see its mining, infrastructure and natural resources business trade as a new company in 2018.

Bob Gannicott, Ross Beaty, Terry MacGibbon and Ed Thompson to be honoured at 2018 CMHF annual dinner and induction ceremony.

Chairman Ross Beaty talks about Pan American Silver's growth prospects as well as his other company, Alterra Power Corp.

It expects an average global copper price of $2.95 per pound in 2018, a sharp upward revision from its mid-year estimate of $2.68, due to greater demand in China.

Canada's oil sands producers are stuck in a rut.

The Mexico-focused miner produced 4 million ounces of silver in the third quarter of 2017 from its six operating silver mines.

After sending court bailiffs to seize property from Stand.earth, Enbridge backed off, saying it will not seize property after all.

Guerra and Saboya, two of four competing candidates for the board, were nominated by Aberdeen Asset Management.

Hecla Mining Co.'s Q3 production of silver, lead and zinc exceeded BMO's expectations, whereas that of gold reached the anticipated level.

MGX and its technology partner, PurLucid, made ground-breaking progress in treating complex brines with high magnesium content.

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