Rio Tinto pays biggest divvy in history as profit hits three-year high

Having trouble viewing this email?  View online Mining News Digest Thursday 8 February 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Rio Tinto pays biggest divvy in history as profit hits three-year high Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls "resilient" commodity prices. read » Copper price plunges to 8-week low "Keep an eye on what we call China's old economy – the property market, the infrastructure segment. That's where we expect a slowdown sometime this year." read » Arizona's newest gold mine just weeks away of first pour Canada's Northern Vertex Mining is ramping up production at its Moss gold-silver project towards an initial stacking rate of 2,500 tpd, to later reach 5,000 tpd. read » Second accident in a week at a Sibanye-Stillwater mine kills two Two employees were trapped underground and later died in a fall of ground incident at the company's Kloof gold mine. read » For Barrick Gold the Pascua-Lama hits keep coming $429 million impairment on the stalled project after Chile environment agency ordered final closure. read » Gold price: 9 straight years of record annual mine production New report shows world's mines produced all-time peak of 105 million troy ounces of gold in 2017 despite 9% drop in output in top producer China. read » US coal exports surged 60% last year US coal exports have not reached numbers this high since 2014. read » China's love affair with gold heating up on property riches The nation's demand for gold jewelry climbed 10 pct last year to almost 700 metric tons as wealthy increased purchases and consumption improved. read » Congo seeks to soothe miners while holding course on changes DRC tried to strike more conciliatory tone after week of heated exchanges between Africa's top copper producer and some of its largest foreign investors. read » Oil prices ravaged by financial turmoil Oil prices fell back suddenly over the last few trading sessions, dragged down by some forces beyond the oil market.  read » Exposure to chemicals used in fracking may cause pre-cancerous lesions in mice US researchers have found that female mice exposed to mixtures of chemicals used in unconventional oil and gas (UOG) operations during prenatal development had abnormal mammary glands in adulthood. Some even developed pre-cancerous mammary lesions. read » Why Tesla is turning to Chile for its lithium: Andy Home Chile is an obvious place for Tesla's chief executive, Elon Musk, to look for secure supply, as the global lithium mother-lode is in the brine lakes of the country's Atacama desert. read » Anaconda scores 34.7 g/t gold over 3.5 meters Bob Moriarty of 321 Gold looks at this gold explorer's drill results for its Nova Scotia project. read » Upcoming turnaround in mining stocks The price of no asset can move up or down in a straight line, so why should mining stocks be any different? When will the turnaround take place? It depends. read » South Africa gold miners seen close to silicosis lawsuit settlement A class action suit brought against gold producers in South Africa is likely to be settled "within months" with $755 million going to miners suffering from fatal lung disease read » Russia's Nornickel to grow platinum group metals mining in new JV The world's leading palladium producer is planning a joint venture with Russian Platinum. 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.