jueves, 15 de febrero de 2018

Rio Tinto autonomous trucks now hauling a quarter of Pilbara material

Having trouble viewing this email?  View online
MINING.com - your source for global mining news
Australia News Digest
Friday 16 February 2018
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America

The miner's autonomous haulage system (AHS) fleet has already moved over one billion tonnes of ore and waste material within the Pilbara region of Western Australia.

Charge is due to due to cuts in the US Federal corporate income tax rate, the world's biggest mining company said.

Rio Tinto had already earned a 75% interest in the C-4-5-6 property, and it was expected to exercise its option to acquire full interest by 2019.

The largest diamond recovered in the first test run was 6.6 carats.

A uranium deposit in Western Australia under development by Cameco (TSX:CCO, NYSE:CCJ) will not be held up by conservationists who oppose it. 

Company's shares fell as much as 5.5% on the news that the Indian Supreme Court had cancelled all the 88 existing iron ore mining licences in the Indian coastal state of Goa.

Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls "resilient" commodity prices.

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio's upcoming annual general meeting.

Rio's renewed interest in SQM is welcome by the Chilean government, which had expressed concerns about a potential and dangerous concentration in the market should major lithium producers, such as China's Tianqi, acquire the 32% interest in SQM.

Dutch non-profit organization claims Rio and its Canadian subsidiary Turquoise Hill used a complex network of tax haven subsidiaries and lending money to itself at high interest rates.

Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.

The UK-based research and consultancy group has dropped its price forecast to $63 a tonne or 12% below last year's average of $71 per tonne.

Production at the Queensland-based operation was halted in 2015 because of falling zinc prices. Since then, prices for the metal have more than doubled.

The company's Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world's copper known reserves.

The company beat expectations on Thursday with a 5% increase in 2017 production.

The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.

SEC will push ahead with the prosecution of the company, former chief executive Tom Albanese and ex-chief financial officer Guy Elliott over alleged attempts to cover up multi-billion losses on a coal investment in Africa.

The new unit, under Mongolian leadership, will focus on exploration and local ties.

A funding proposal for a rail line that could carry its coal to the coast for export has been canned.

Trade data from AUS Bureau of Statistics has confirmed importance of the mining industry to Australian economy and continuing benefits of the mining boom.

The country's sovereign wealth fund is considering joining the bidding for Rio Tinto's last remaining coal mines.

President and chief operating officer Mike Frasersaid company has received a number of offers for the assets, which it up for sale in November last year as part of a shift away from coal.

Elliott has previously urged BHP to change its structure, with listings in both Britain and Australia, but the company has resisted.

The event is a hackathon with a twist, as startups will pitch their mining technologies to senior level executives from Komatsu Japan, USA, and Australia, and then work closely with Komatsu mentors to prototype their model with the multinational manufacturing giant.

The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an average price per carat of US$2,192.

1 Year Iron Ore Fines Price
6 Months Thermal Coal CAPP Price
Find MINING.com on Facebook
Follow MINING.com on Twitter
Subscribe to the RSS Feed
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America
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 Australia News Digest". You mayunsubscribe at any time.
The information contained in “Australia 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 “Australia 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.

No hay comentarios:

Publicar un comentario

You have been invited to contribute to La Tota Tv

Hello, The purpose of this message is to inform you that La Tota TV has invited you to contribute to their blog "La Tota Tv"...