miércoles, 15 de noviembre de 2017

Glencore, Canadian teachers close to launch mining royalty firm

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Mining News Digest
Thursday 16 November 2017
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The Swiss commodity giant is reportedly finalizing a $700-million deal with the Ontario Teachers' Pension Plan to create a new base-metals royalty vehicle.

The mine was located on a 2,800-metre high mountain.

Union leaders say that the arrival of 100 officers of the Mexican Armed Forces to the mine spurred the protesters' anger.

According to the company's CEO, eploration is expected to start shortly in the form a ground magnetic survey over portions of the project.

Former CEO of Xstrata Plc Mick Davis, who drew criticism for remuneration well above industry norms, now on shortlist for the next chair of Rio Tinto Plc.

Sebastian Pinera, front-runner in Sunday's election, was so frugal with funding during first term that Codelco that company's debt levels jumped 84 percent.

Statement by Amnesty International says while Apple is first company to publish names of its cobalt suppliers, other electronics brands made little progress.

HSBC referred to the company as a "sector leader at a discount".

More than in the past, the population is divided on whether globalization is a force for good or not.

How much does the business world shift in a century?

Ontario Securities Commission seeking suspension of trading in two trading venues run by Omega Securities Inc for failure to comply with market regulations.

Lobby group is seeking judicial review of new Mining Charter, which places extra levies on companies and raises requirements for black ownership.

In today's analysis, we feature two analogies to the previous situations in gold which should make it clearer what's likely to be seen in the coming months.

New permit is adjacent to the company's Madaouela Project and increases its total measured and indicated resources by approx 12% to 110.76 million pounds.

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.

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