domingo, 10 de diciembre de 2017

First Aboriginal mine opens in Northern Territory

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Mining News Digest
Monday 11 December 2017
Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium

Sunday was a proud day for Aboriginal people in Australia's Northern Territory, with the opening of a new bauxite mine.

In six months sulphide miners in Wisconsin could be back in business.

November copper concentrate shipments to China hits all-time monthly high – annual iron ore imports set to easily surpass 2016's record 1 billion tonnes.

The company also said is ready to shut Caledonia mine mid-next year if it has not found a strategic partner ready to buy a 20 to 40% stake in the project.

Erdenet, which produces 530,000 tons of ore annually, is one of Asia's biggest copper and molybdenum mines and a top tax contributor to the country's $12 billion economy.

Bitcoin's meteoric skyrocketing this year has been astonishing, captivating traders across the globe.

We've been persistently bearish on precious metals since September and that has annoyed our readers.

Rick Rule, CEO of Sprott U.S. Holdings, discusses his viewpoint on "if" and "when" questions, and speculating in markets before they become popular.

The future of New Caledonia mine is considered a key test for CEO Schvartsman, who pledged to improve shareholder returns.

The startups showcased their incredible progress with pitches and live demonstrations of their technologies set to impact mining and oil & gas companies.

There were 81 fatalities from January through November, according to data from the Chamber of Mines. Thursday, a death at Tshepong Mine brought total to 82.

Friday, TAZARA resumed transportation of copper which had halted on Tuesday after unionised workers went on strike.

These new labor agreements with workers at 13 of its coal mines in Australia end months of negotiations over wages and benefits.

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