martes, 16 de enero de 2018

Barrick just makes 2017 production guidance

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Mining News Digest
Wednesday 17 January 2018
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Only the Nevada operations of the Toronto-based gold mining giant increased output in 2017.

"The best is yet to come, but not just yet. Patience," Sharps Pixley's CEO says.

They're running a study led by Paul Watkinson, who has investigated the conversion of carbonaceous solids into gaseous and liquid fuels.

The Vancouver-based miner revealed that, including pre-commercial production from the Olympias project in Greece, its gold production was of 285,919 ounces in 2017.

Rio Tinto-controlled Turquoise Hill said the bill relates to an audit on taxes imposed and paid by the mine operator between 2013 and 2015.

Copper dropped 2.2 percent to $7,054.50 at 3:21 p.m. on the London Metal Exchange Tuesday. A close at that price would mark the biggest drop since Dec. 5.

Synchronised global economic growth, shrinking central bank balance sheets, rising interest rates, insubstantial asset prices and market transparency are the trends to watch this year, the World Gold Council said.

The company's 2017 preliminary gold production of 2.6 million ounces was at the high end of its forecast range.

Firm is developing open platform that traces diamonds from mine to buyer.

Following the 2016 launching of the Collective Action Initiative for the Metals Technology Industry, the program announced today that it has added a new member.

Rampant violence and corruption are the norm in the mines of the southern Guayana region.

Only in the fourth quarter of 2017, the company produced 51,699 ounces of gold, up 26% over the fourth quarter of the previous year.

Federal prosecutors announced ruling in a statement that said electricity transmission lines and a bauxite pipeline damaged soil and silted up rivers.

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