Scotland to have its first commercial gold mine

Having trouble viewing this email?  View online Mining News Digest Wednesday 28 February 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Scotland to have its first commercial gold mine Scotgold Resources plans to build an underground operation with an initial production capacity of 12,000 ounces of gold annually for up to 17 years. read » Canadian junior quadruples cobalt portfolio Secova Metals acquired 1151640 B.C. Ltd. read » Atlas Iron reveals strategy to weather storm of discounts 2017-2018 shipment volume and cost guidance was set last August in 9 million-10 million wet tonnes. read » Zambia to start forcing miners to move 30% of minerals by rail Country's Chamber of Mines says rail system is not ready to handle that amount of cargo, adding that the potential impact on the mining industry has not been properly considered. read » Platinum price crashes through $1,000 after German diesel ban Emissions scrubbing in vehicles accounts for over 40% of platinum demand, and landmark ruling will hasten demise of engine technology. read » Fresnillo tanks as 2017 profit misses expectations, says costs to rise The Mexico-focused precious metals miner expects cost inflation this year to be about 7%, compared with the 6.4% it faced in 2017. read » South Korea's POSCO buys stake in Aussie lithium producer, signs supply deal South Korea's largest steel producer has acquired 4.8% stake in Pilbara Minerals, from which it will buy up to 240,000 tonnes of lithium concentrate per year. read » Brazil's Vale 4th-qtr profit misses as costs rise, forex weighs Vale said in a securities filing that net income totaled $771 million, compared with an average consensus estimate of $2.537 billion. read » Energy Fuels wins approval to expand uranium, vanadium mines in Utah The BLM also allows the expansion of the Daneros uranium mine if it implements additional emission controls. read » Lithium glut? No way, say industry executives eyeing demand Prices for lithium have more than doubled in the past two years on forecasts for massive demand from the electric vehicle industry. read » Paulson's right: gold producers must fix their bad M&A habits Potential buyers need to make a judgment that they will be able to increase the resources and reserves of any mine they buy. read » Agnico Eagle is reviewing cobalt assets after receiving interest In the interim, the company is still focused on its core business of building and running gold mines. read » Scotiabank pulls plug on sale of metals business The bulk of ScotiaMocatta's business is in precious metals and it is one of five banks that clear bullion in London's $5 trillion a year gold market. read » Billionaires in Russia's Nornickel dispute agree to delay stake sale The ownership dispute is part of a long-running battle for control of Nornickel, a $33 billion mining company. read » Ghana to tighten controls on gold exports to protect revenues Ghana, Africa's second largest gold miner after South Africa, earned $5.78 billion from exports of the metal last year, up 17.6 percent on 2016. read » Veteran precious metals newsletter writer Brien Lundin reveals his next picks With the price of gold staying firmly above $1,300/oz, Brien Lundin, editor of Gold Newsletter, discusses the state of the market and several top picks. 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.