lunes, 19 de febrero de 2018

Mining M&A jumps to 4-year high – expect more in 2018

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Mining News Digest
Tuesday 20 February 2018
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New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."

BBC report details 1974 CIA operation to salvage Soviet submarine carrying nuclear missiles under guise of a Howard Hughes-financed seabed manganese mine.

8,126 grams per meter!

The biggest gold mine in the European Union is getting a new lease on life, thanks to a shaft sinking project that will increase throughput by 25%.

The biggest players in Colombia's coal industry are Drummond Co, Glencore Plc, Murray Energy Corp's Colombia Natural Resources, and Cerrejon.

Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.

The DRC's attempts to extract more from cobalt will unleash a wave of unintended consequences, none of which will be positive for the government in Kinshasa.

SA mining companies agreed to postpone a legal challenge to the government's new industry rules after Ramaphosa said he's committed to finding a solution.

Glencore and Randgold are clubbing together in a bid to stop sweeping legal reforms, claiming their interests were poorly served by the industry body.

Australian Mines said the agreement included an option for SK Innovation to buy up to 19.9% of its ordinary shares.

Petra was hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.

Amplats' investment stance highlights the fragile state of platinum mining in South Africa.

The sale will close a chapter at the world's second largest aluminium producer.

Freeport McMoRan Inc was issued a quota to export 1,247,866 wet metric tonnes (wmt) of copper concentrate up to Feb 15, 2019.

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