lunes, 6 de noviembre de 2017

Canadian junior miners worth jumps for second year in a row

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Mining News Digest
Tuesday 7 November 2017
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Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.

Community protests had forced the firm to halt output at Uchucchacua last week.

South African gold miner said it's on track to meet 2017 guidance.

Gaining perspective on China's monstrous economy isn't always the easiest thing to do.

Journalists shed more light on Glencore's activities in Congo, including 2009 loan to entity affiliated with controversial Israeli billionaire Dan Gertler.

Rising mining production should help ease some of the economic problems in Congo where inflation is expected to hit 48 percent this year.

Production goals for Vale's Carajas project, the world's largest open-air iron ore mine, are directly tied to cargo shipments on its railroad there, which carries output to Brazil's Ponta da Madeira port.

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).

Hecla Mining's (NYSE:HL) proposed Rock Creek mine in northwestern Montana has received a boost from a recent federal government decision.

Suncor and PetroNor today announced the purchase by Suncor of a 41% equity interest in PetroNor, a petroleum products distributor across the James Bay and Abitibi-Témiscamingue regions of Quebec.

The buzzword in the Brussels energy and climate bubble is 450, a number that is dividing European Union lawmakers and making coal-dependent Poland fume over upcoming reforms to the world's biggest carbon market.

The acquisition spree that returned much of Alberta's oil sands to Canadian hands is so far working out as the buyers projected, with results at Canadian Natural Resources Ltd. and Cenovus Energy Inc. beating expectations on the back of higher output and lower costs.

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