Rio Tinto back in race for stake in world’s largest lithium miner

Having trouble viewing this email?  View online Mining News Digest Saturday 3 February 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Rio Tinto back in race for stake in world's largest lithium miner 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. read » Gold price set for wild ride in 2018 say 34 bullion analysts Bankers, brokers, refiners and researchers in the London Bullion Market Association's 2018 survey sees gold as high as $1,510 and as low as $1,120 an ounce. read » Gem Diamonds shares up on better sales, prices and string of 100-carat plus rocks The company, which last month found the world's fifth-biggest diamond in history at its flagship Letšeng mine in Lesotho, sold 31,476 carats during the three months through December, up 21% from 25,909 carats in the third quarter. read » Sibanye-Stillwater trapped miners brought to surface safely The National Union of Metalworkers of South Africa (Numsa) is demanding that Beatrix gold mine remains closed pending a probe and has asked the South African government to investigate why the operation apparently didn't have a backup generator. read » Nickel crops most in two months as dollar rally fuels fund sales Nickel prices slumped as much as 5.8 per cent to $13,185 a ton on the London Metal Exchange, retreating from two-year highs struck earlier in the week. read » Governmental watchdog soon to investigate Canadian companies abroad The initiatives are founded to advance human rights by supporting Canadian companies in operating responsibly. read » Lulo diamonds sell for A$11.4 million 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. read » Asia Gold-India demand picks up after tax announcement Jewellers in India had delayed purchases earlier this week and offered gold at a discount anticipating a reduction in the tax in the country's annual budget on Thursday. read » Argyle pink diamond coin unveiled in Berlin Rio Tinto and The Perth Mint are delighted to unveil the first pavé set Argyle pink diamond gold coin. read » The great coal mining jobs boom has been postponed So far, repeal of the Clean Power Plan has not really equated with putting coal miners back to work, something Trump has pledged to do again and again. read » Commodity boom has a dark side as cost creep erodes windfall Mining and metal companies are rediscovering the downside of rallying prices: higher costs. read » Electric cars and niche metals lure cash to Africa's mines Here are five metals grabbing attention across the continent. read » Southern Copper surprises with $287.5 million net loss in fourth quarter Analysts had forecast a $419 million net profit for the company in the fourth quarter. read » INGEMMET estimated the existence of 243,000 tons of silver and 6,915 tons of gold Peru will strengthen position in top five gold and silver producing countries in the world if it makes most of the reserves of these two metals. read » Russia's watchdog allows GV Gold to buy Vekselberg's gold assets Russian anti-monopoly service has allowed the mid-sized gold miner GV Gold some gold assets from Russian businessman Viktor Vekselberg. read » Radical gold underinvestment 4 Years of relentless stock-market rallying to endless new record highs have left gold deeply out of favor. But this gold-demand ebb is ending. read » Can the shale boom avoid these bottlenecks? Shale companies continue to drill at frenzied pace, breaking U.S. oil production levels. Yet production is becoming increasingly geographically concentrated. read » Two die in Yamana Gold mine accident in Argentina The accident at Gualcamayo mine involved two employees of a local contractor traveling in a light truck on an access road at the Las Vacas exploration site. 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. 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