viernes, 22 de diciembre de 2017

Solgold shares surge on latest drilling at giant Ecuador copper project

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Mining News Digest
Saturday 23 December 2017
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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.

The new company based in Vancouver will focus on finishing construction of the Aurizona Gold Mine in Brazil.

Agnico-Eagle, the Toronto-based company's partner in giant Canadian Malartic mine, buys the JV's exploration assets for $162m.

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.

Africa Finance Corporation has already expanded its debt or equity funding for resources projects from oil into mines, including bauxite scheme in Guinea.

BHP has agreed to fund a total of up to $181 m in financial support for the Renova Foundation and Samarco Mineração S.A. (Samarco) until 30 June 2018.

The nascent gold rush in Western Australia's remote outback hit a speed bump after a key player reported disappointing drilling results.

"Now is the era of the Vale dividends. Vale will become a big payer of dividends if everything goes well," CEO Fabio Schvartsman said on Friday.

The two have committed to holding equal stakes for the first six years of the company's existence, said Thyssenkrupp personnel chief Oliver Burkhard.

Gold demand across major centres in Asia were subdued ahead of the holiday weekend as a modest rebound in prices weighed on investor appetite.

The most active rebar on the Shanghai Futures Exchange climbed 2.6 percent a tonne by the close, posting its biggest daily gain in more than two months.

Gold stocks are ready to surge dramatically higher as psychology inevitably shifts, pointing to much higher prices coming in 2018.

Workers at Pan African Resource's Barberton gold mine in South Africa have ended a wildcat strike that started on Sunday, an industry source said on Friday.

The deals, an 8 percent to 10 percent rise from the $94-$95 per tonne premium in the previous quarter, mark the first increase in three quarters.

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