domingo, 3 de diciembre de 2017

Top 5 Roundup: Copper up on strike action in South America

 
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It's the end of another big news week in mining, and at Mining Journal. Here (below) are the most read reports from the past week. Login now to access these features, or subscribe here from £37 to receive immediate access.

 
 
Top 5 Most Read of The Week
 
Copper up on strike action in South America

The copper price has breached US$7,000 a tonne on the London Metal Exchange for the first time in a month due to strike action at major South American copper mines which could continue this week.

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Barrick invests in Reunion

South American-focused explorer Reunion Gold Corp (CN:RGD) has welcomed a C$9.12 million (US$7.2 million) strategic investment in the company by gold mining major Barrick Gold Corp (CN:ABX).

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There is going to be a tsunami of money looking for a place to go

Canadian mining entrepreneur Rob McEwen has reiterated his bullish outlook for the gold price, reportedly saying it could surpass US$5,000 an ounce in five years.

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TSX Top 100 mining equities

Analysis of the top 100 Toronto exchange mining-equity risers of the past 12 months shows a bigger buying "frenzy" in the north than the one generating headlines in Australia, with nearly 85% of TSX companies taking advantage of a broad wave of positive investor sentiment to raise more than C$660 million during the period.

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Friedland's next huge mine takes shape

Ivanhoe Mines (CN:IVN) has released a long-awaited updated preliminary economic assessment for its Kamoa-Kakula mega-project in the Democratic Republic of Congo, envisioning a potential 12Mt per annum operation that would rank in the world's top five copper mines.

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ResourceStocks Company Profile
 
 
The 30% m/m decline in net (copper) imports … seems alarming on first glance

One of UK's biggest banks says the pullback in China's latest copper trade data should not be cause for alarm, at the same time strike action in Peru is creating confusion for the market.

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