jueves, 9 de noviembre de 2017

Rio Tinto joins race for stake in world’s largest lithium miner

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Mining News Digest
Friday 10 November 2017
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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.

Even as gold mine production hits new record so far in 2017 according to new report.

Copper cargoes drop more than 20% while iron ore shipments sink to one-and-a-half year lows.

The large rough, gem-quality stones range from 82 to 163 carats.

Move follows the reception of key permit — the signed Record of Decision (ROD) on the Final Environmental Impact Statement (EIS) for the project.

The Fekola mine will add up to 410,000 ounces of gold to the company's annual output.

The Danish equipment manufacturer has completed its acquisition of Sandvik Mining Systems' projects business except for transfer of assets in South Africa.

Canadian gold miner expects 2017 production at higher end of guidance range.

A longstanding curiosity in the investment business has been the disinterest in precious metals among institutional investors.

Call options wagering on copper climbing above $10,000 a metric ton by Dec 2018 have started trading during past two weeks, with $4.5m spent by traders.

EuroChem Group AG spending over $6bn on two mines to produce potash, a mineral found deep in the Earth that's prized for its ability as soil fertilizer.

Global deficit in nickel supply to drop 53,000 tonnes in 2018 from 98,000 tonnes this year, partly due to recovery in Chinese production growth.

Fatal accidents last week raised number of fatalities in 2017 to 76, above the 73 reported in 2016, South Africa's Chamber of Mines said in a statement.

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