jueves, 4 de enero de 2018

Cobalt price bulls' worst fears may just have been confirmed

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Mining News Digest
Friday 5 January 2018
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Breakthrough discovery backed by the US government replaces cobalt with iron in lithium-ion batteries – enabling much cheaper, longer lasting batteries.

The London-based miner sold its 90% stake in the project to BCM International. The remaining 10% is held by the Ghanaian government.

The bulk of new capacity would come online in 2019.

Approval was granted for the Bagassi South gold project, located within the Yaramoko gold mine.

Beijing's clampdown on heavy industry continues to have positive impacts for miners outside the country.

Cold weather is expected to hit regions across China in the coming week, bringing snow and rain that may cause disruptions at construction sites, one of the biggest consumers of steel.

The Bloomberg Commodity Index, which tracks returns on 22 raw materials, was poised for an unprecedented 15 days of gains on Thursday.

The year's barely started and palladium markets are set to break another record.

Yesterday, the minutes of the FOMC December meeting were released. What do they say about the Fed's stance and what do they mean for the gold market?

How does it work? What are the pros and cons? A Visual Capitalist infographic explores ETFs.

From a nugget containing 1682 troy ounces of gold to one shaped like a massive pair of hands- here is a list of five of the biggest existing nuggets.

Increased supply from Indonesia and subdued demand from China are the main drivers behind the downward trend.

Crystallex International Corp is seeking to collect $1.2 billion plus interest awarded in 2016 by a World Bank tribunal against Venezuela, which Venezuela has refused to pay.

Gold from Clogau St David's mine in North Wales is behind the wedding bands of the Queen Mother, the Queen, Princess Margaret, the Princess Royal and Diana, Princess of Wales.

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