viernes, 16 de febrero de 2018

Rio Tinto’s Mongolian copper worries mount

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Mining News Digest
Saturday 17 February 2018
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Ulaanbaatar orders Rio Tinto to build domestic power plant for $5.3 billion expansion of Oyu Tolgoi copper-gold mine.

Tanzania's top gold producer said in conversations with potential investors over a stake in some or all of its operations in the East African nation.

Mitsui's investments in Chile's copper industry date back to the 1990s and it now has minority interests in a number of the country's leading mines.

Output of the steelmaking material reached 366.5 million tonnes last year, boosted by record high productionat Vale's northern system, which composed of its Carajás, Serra Leste and the massive S11D mine.

To understand the big challenge facing U.S. coal miners, look no further than Cloud Peak Energy Inc.

Some U.S. lawmakers and steel and aluminum users have urged caution in any restrictions to avoid disruptions or price spikes in the raw materials.

The administration wants to identify new domestic sources of critical minerals and increase domestic exploration, mining and recycling.

The auto market is expected to jump from $3.5 trillion (2015) to $6.7 trillion (2030) – and 30% of the revenue will come from new services.

During the research project, rare-earth-element ("REE") solutions will be prepared at the facilities of Ontario-based Process Research Ortech Inc.

Sweden will step up efforts to find precious minerals such as cobalt and lithium, key battery components that are in demand among makers of EVs.

Three billionaires faced off in London court on Friday in a conflict triggered by Roman Abramovich's desire to sell his stake in MMC Norilsk Nickel PJSC.

NioCorp believes that the proposed listing significantly elevates the strategic importance of the Elk Creek Project.

Data shows that two years after the worst of the raw materials slump is over, investors are still not ready to pour in fresh funds despite a price rally.

The USD Index seems to be at a decisive point and we should see relatively soon if the decline continues or if a major turnaround takes place instead.

GDX remained well within its consolidation trend channel and is still within striking distance of a major $25 breakout.

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