viernes, 24 de noviembre de 2017

Mexico says no link between killings and dispute at Canada's Torex mine

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Mining News Digest
Saturday 25 November 2017
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Two men were killed on Saturday at a road blockade mounted as part of a workers demonstration at Torex's El Limón-Guajes gold mine.

The Minister of Mines said his decision will be in place until the border with Niger is physically demarcated. However, violence has increased in the area in past months.

This would be the first complex of its type in the country.

The battery is expected to help power some 30,000 homes in South Australia.

Osisko and Canadian Gold Miner Corp. have acquired a historical gold producer as well as an option for an exploration land package, both in Ontario's gold-rich belt.

Crystallex International Corp. and Venezuela agreed to settle a $1.2 billion dispute over the 2011 nationalization of a gold deposit in the South American nation.

"The one thing this industry does very well is mine gold at a loss," Randgold Resources CEO Mark Bristow told analysts at a breakfast meeting on Friday.

Unionized workers at Escondida copper mine in Chile ended a 24-hour strike Friday but may put down tools again next week over company's planned layoffs.

Slowing demand from China's stainless steel mills and rising supplies have halted a frenzied price rally and are likely to keep weighing on prices.

The mining industry needs to ramp up productivity. The solution lies in adopting lean and design thinking approaches, following key several principles.

Here's how it will have a dramatic effect on the global supply of rare earths and Zirconium (Zr), Hafnium (Hf) and Niobium (Nb).

Palmer's Mineralogy claimed it is owed money by CITIC's Sino Iron mine in Western Australia over a failure to agree to a formula for calculating the value of the ore extracted at the site following a shift in pricing in the iron ore market.

Precious, base and energy metals are all benefiting from the commodity supercycle, says Louis James, editor of International Speculator

Covering everything from stocks, miners, and geography, Adam Hamilton provides a thorough analysis of silver during the third quarter of 2017.

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