Southern Copper wins auction for massive Peru copper project

Having trouble viewing this email?  View online Mining News Digest Wednesday 21 February 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Southern Copper wins auction for massive Peru copper project Rio Tinto, Teck Resources, Hudbay were among copper miners interested in $2 billion Michiquillay project in Peru. read » Gold price drops most since December 2016 Financial market volatility spreads to gold. read » BHP rebuffs Elliott as first-half profit hits three-year high The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study. read » NovaGold up on better-than-expected drilling results for Alaska mega-project Mineralized intercepts encountered higher grades than predicted by previous modeling, said the project owners NovaGold and Barrick. read » Toyota to make cheaper electric motors by halving use of rare earths Asia's No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world's most powerful batteries for electric vehicles. read » Fortescue Metals half-year profit plunges 44% Fortescue Metals was hit by weak prices for its lower quality iron ore, and said it remains focused on cutting costs, including lining up cheaper debt. read » BHP sees faster shale sale in race to exit $10 billion unit The company expects initial bids for the assets in the June quarter, according to a statement Tuesday. read » BHP CEO will meet with activist Elliott to discuss demands BHP's first-half results missed analysts' expectations and the shares fell 4.6 percent, on pace for the biggest daily drop since April. read » Tanzania's new mining rules impose restrictions on foreign banks, insurers Tanzania is seeking to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector. read » Eramet eyes expansion in electric vehicle metals Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina. read » Randgold looks to the Americas in quest to diversify Flush with cash, Randgold is on the hunt for gold mines outside Africa. read » Barrick exec. to chair Global Mining Standards and Guidelines Group arrick Gold's Chief Innovation Officer, Michelle Ash, will become the new Chair of GMSG in May 2018. read » AngloGold to revive Ghana mine that battled illegal miners Obuasi is expected to start gold production by the third quarter of 2019. read » Congo's Kabila yet to sign new mining code as deadline nears The President has 15 days from the time parliament sends him the bill to either sign it into law or return it to parliament for further deliberation. If he takes no action, the bill automatically becomes law. read » BHP takes top spot in brand value ranking Glencore drops 11% in brand value after various allegations against it in the Paradise Papers. read » Stock market volatility is already on the rise Combined with worries about inflation and erroneous trade and fiscal policies, it may prompt investors to purchase some safe-havens, such as gold. read » Mongolia says can build power plant to supply Oyu Tolgoi mine Tensions have mounted between the Mongolian government and its fellow shareholders in Oyu Tolgoi, where Rio Tinto is operating a huge underground extension. 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.