CHART: Hedge funds have never been this bullish about oil

Having trouble viewing this email?  View online Mining News Digest Tuesday 30 January 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium CHART: Hedge funds have never been this bullish about oil Large scale speculators in West Texas Intermediate and Brent crude oil futures have built up bullish positions equivalent to a staggering 1 billion barrels. read » Anglo American exits South African coal with sale of New Largo mine Last year, the miner sold other coal assets that exclusively supplied South Africa's power utility Eskom, including New Vaal, New Denmark and Kriel collieries. read » Petra Diamonds shares crash on profit and output forecast cuts The stock fell by 21%, the steepest intraday decline since September, after the miner lowered production forecasts and confirmed that a stronger South African currency would knock annual profits. read » Canada's Fort Hills oil sands project delivers first bitumen Project is on track to reach 90% of capacity — or 194,000 barrels per day — by the end of the year. read » Fortescue Q2 shipments fall, flags higher iron ore discount The iron ore producer said shipments fell to 40.5m tonnes in the three months ended Dec. 31 versus 42.2m tonnes in the same period a year ago. read » Australia's Newcrest Q2 gold output down marginally, maintains 2018 guidance Newcrest Mining Ltd's second-quarter gold production fell 0.3 percent from a year ago but rose 17.2 percent over the prior quarter. read » Appeal of $15m BC thermal coal terminal project rejected by court The appeal against the terminal at Fraser Surrey Docks was made by two community groups backed by Ecojustice last week. read » Africa's newest gold miner starts output and sees potential IPO Toro Gold became Africa's newest gold producer last week after delivering first batch of bullion; firm is now weighing possibility of selling shares in 2018. read » Loulo-Gounkoto set for record production The gold mining complex is on track to improve on its record performance, with last year's production expected to reach a new peak. read » First Quantum's nickel output down 24 pct in 2017 Nickel output by First Quantum Minerals fell 24 pct to 17,837 tonnes last year from 23,624 tonnes in 2016, the company said in a report. read » ALROSA's subsidiary supplies 27 X-ray sorters for the Cullinan Mine The Cullinan Mine is owned 74% by Petra Diamonds Limited and is renowned as the source of very rare blue diamonds and large, high quality gem diamonds. read » De Beers auction sales: what a difference a decade can make "The last 10 years have been… an exciting time during which we've launched lots of industry firsts and helped reimagine the way the sector operates." read » Union at Colombia's Cerrejon votes to strike after talks fail Cerrejon accounts for 37% of the country's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports. read » INFOGRAPHIC: The world's most famous diamonds Here's a list of the 99 most famous diamonds ever found, grouped by region. read » Oreninc Index falls as financings reduce to trickle The Oreninc Index fell, as a lack of activity saw the metaphorical tumbleweeds rolling down Bay St with the index falling to 22.99 from 34.36 a week ago. read » Chile open to increasing SQM lithium quota to satisfy Tesla -Corfo Tesla and SQM were exploring opportunities after Tesla expressed interest in buying "important volumes" of lithium hydroxide from SQM. read » Northern Dynasty: permitting for Southwest Alaska's Pebble Project remains on track The 2017 settlement agreement provides a clear path for project review and permitting. read » Read more news on MINING.com » Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Mining News Digest". You mayunsubscribe at any time. The information contained in “Mining News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Mining News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.