miércoles, 27 de diciembre de 2017

Copper rallied to three-year high as China plant halts output

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Copper News Digest
Thursday 28 December 2017
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Ninth gain puts red metal on longest winning streak since 2004.

For the second year in a row, people are being bullish on silver.

About 20% of the world' fresh water is found in Canada.

The pair invested approximately $1.9 million in shares in Mhyrre Minerals and Metal SPRL.

The Madrid-based firm signed a $20-million-dollar contract.

Brisbane-based company promised maiden resource for Cascabel copper-gold porphyry on the Andean belt before the end of the year.

The colour properties of prehistoric copper alloys have largely been understudied. Until now.

Copper and bitcoin.

Union No. 1 was asking for a bonus scheme that would put the organization on equal footing with the Quebrada Blanca's two other unions.

The application is a milestone for a project that seemed dead during the Obama administration. Now it is moving forward under President Donald Trump.

Eleven straight sessions of gains lift copper price to within sight of three-year highs.

Auction of $2 billion Michiquillay project in northern Peru slated for this week is canceled by the embattled government of President Pedro Pablo Kuczynski.

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

Gold miners closed $163M, about two-thirds of total money raised in October.

Ames Lab scientists are working towards mastering graphene's assembly in combination with other materials.

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

Domestic iron ore mines are also humming.

The "32 T" is 3,000 times stronger than a small refrigerator magnet.

Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018.

"We've been intensively focusing on how to manage future cobalt supply for a year now. Before, it wasn't clear just how quickly demand will accelerate."

On Friday, KGHM said it was considering next step after BC said it would not issue an environmental certificate for its Ajax copper and gold mine.

Under the new deal, Inalum will seek to acquire London-based Rio Tinto Group's joint venture interest in Grasberg by March.

Copper forecasters are reassessing their projections as the top-producing country prepares for its busiest year ever for wage talks.

This is the second deal the Chilean miner signs with Vancouver-based Evrim Resource.

Production should be halted for at least a week.

US Treasury said Gertler has used his close relationship with the country's president, Joseph Kabila, to amass a fortune through corrupt and opaque deals.

Increased home demand is good news for resources and raw materials.

Auction for $2 billion Michiquillay copper mine project in Peru was canceled by government of President Pedro Pablo Kuczynski but is now slated for February.

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