viernes, 23 de febrero de 2018

Rio to build power plant at Oyu Tolgoi copper-gold mine in Mongolia

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Mining News Digest
Saturday 24 February 2018
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Move would add further costs to an ongoing $5.3 billion underground expansion of the massive mine.

Lídia Senra filed a complaint before the European Commission denouncing the breach of a tailings pond in the Touro municipality.

MGX Minerals will proceed with its previously announced partnership with Highbury Energy.

Some urban mining already takes place in the EU but it involves melting devices together in a furnace and removing the most valuable metals.

Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.

Adjusted loss was $17.7 million, which dramatically contrast with the $18.4 million profit logged a year ago, which reflects the impact of the ongoing shutdown of its flagship Escobal silver mine, in Guatemala.

The Gupta brothers were accused of using their political connections to win state contracts and influence cabinet appointments

The Commerce Department last week revealed its import restriction options for Trump, including a 7.7% global aluminum tariff on products from all countries.

Investors might be running out of patience with Sibanye Gold Ltd.'s colorful chief executive, Neal Froneman.

A 20-year friendship that helped turn Dan Gertler into a billionaire has left the Israeli businessman with a lot fewer places to go.

There were only four cycles compared to six in the US dollar: two gold bull markets and two gold bear markets.

The fear, anxiety, and apathy still plaguing gold lies in the psychology of gold's two primary driving forces, futures speculators and stock investors.

At Vršany Lom, communication network challenges have been overcome with the implementation of robust industrial networking technology from Westermo.

A test sale was conducted and, according to the Minister of Mines, it was a total success.

The CEO of Mandalay dubbed 2017 as a challenging year for his company.

Cobalt 27, RNC Minerals shares pop after inking $70m deal on world's largest undeveloped cobalt, nickel sulphide deposit.

This year's Corruption Perceptions Index highlights that the majority of countries are making little or no progress in ending corruption.

Gold may stay under pressure, especially that political uncertainty related to the Italian national election is likely to weigh on the euro in the near term.

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