BHP to exit shale within two years, sell nickel assets

Having trouble viewing this email?  View online Australia News Digest Friday 17 November 2017 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America BHP to exit shale within two years, sell nickel assets "We have a strong sense of urgency," chief executive Andrew Mackenzie told reporters following the company's annual general meeting in Melbourne. read » UN urges miners to better regulations needed to prevent disasters According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed. read » Iron miners: capex will not see strong comeback, says new research BMI predicts that iron ore prices will remain on a long-term gradual downtrend until at least 2021. read » Lucapa finds another large diamond at its Lulo mine in Angola It's the eighth diamond of over 100 carats recovered this year, and the seventh in just 2.5 years of commercial mining. read » Former Xstrata CEO Mick Davis may become Rio Tinto new chairman The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio's board. read » This Aussie miner is about to break into South Korea lithium sector Pilbara Minerals has announced a potential joint venture with two South Korean companies to develop a lithium processing facility in the Asian country. read » BHP needs 120 new workers at its Olympic Dam in Australia The mining giant will add those jobs during the next 12 months. read » Rio Tinto joins race for stake in world's largest lithium miner Mining giant is eying the 32% interest in SQM that PotashCorp is selling to fulfill China's regulators condition for the approval of the its friendly merger with smaller rival Agrium. read » New Century raises $53M to restart mothballed zinc mine The Century zinc mine in Queensland could be churning out ore again thanks to a $52.9 million private placement raised by owner New Century Resources (ASX:NCZ). read » Copper miners to see profit grow further in 2018 — report Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows. read » Thailand faces arbitration over decision to shut only active gold mine Owner, Australian Kingsgate Consolidated, will begin arbitration under the Thailand-Australia Free Trade Agreement (TAFTA) to try to recover "the substantial losses" it has incurred. read » BHP to step up copper exploration, expansions to meet electric vehicles sector's rising demand World's biggest miner is getting ready to provide enough copper for the 140 million electric cars forecast by 2035. read » Poll results: How does the Australian mining sector treat mental health? MPi, a recruitment and human resources business based in Australia, asked those who work in the industry. Here's what they said. read » What people think of globalization, by country More than in the past, the population is divided on whether globalization is a force for good or not. read » Zinc market focus turns to new supply, but don't forget Quebec: Andy Home All over the world, it seems, geologists are revisiting old mine plans in a collective new zinc rush. read » Glencore extends lockout at Australia coal mine as talks stall again Glencore has extended a lockout of 190 workers at Oaky North mine in eastern Australia for a further two weeks. read » Stratex shareholders block Crusader mining deal Shareholders of miner Stratex International blocked reverse takeover of Australian-listed Crusader Resources and voted CEO Marcus Engelbrecht out of office. read » Landmark publication highlights Australia's mineral wealth Australia's mining industry is world-class, contributing AUD$236 billion to the national economy. This contribution is largely a product of the country's substantial and diverse ore deposits. read » Australia's Capricorn copper mine set to start production in Nov A joint venture between EMR and mining group Lighthouse Minerals, the operation is expected to produce 25,000-35,000 tonnes of copper concentrate a year. read » Read more Australia 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. 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 Australia News Digest". You mayunsubscribe at any time. 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