Australia takes Rio Tinto to court over Mozambique coal deal

Having trouble viewing this email?  View online Mining News Digest Saturday 3 March 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Australia takes Rio Tinto to court over Mozambique coal deal Australia's corporate watchdog has launched court action against the company, former chief executive Tom Albanese and chief financial officer Guy Elliott. read » US judge rules against Venezuela in dispute with Rusoro Judge Richard J. Leon has stayed Rusoro's CSID Expropriation award against Venezuela registered in the U.S. read » Chile to attract $60 billion in mining investments by 2038 — minister According to minister Aurora Williams, miners with operations in the country currently spend $15 billion on support services a year and figure is set to increase. read » Canadian gold miner to enter the copper business in Chile Darien Resource Development has entered into an agreement with Artemis Mining to acquire a 100% interest in the Cristal project located in northern Chile. read » Trevali and Puma join forces in New Brunswick Trevali will provide aCDN$7.5 million in funding to Puma in order for them to finalize the 100% acquisition of the Murray Brook Deposit. read » Barrick comments on potential impact of Papua New Guinea earthquake The power generation facility that supplies electricity to the Porgera Joint Venture mine experienced significant damage during the earthquake. read » Canada retaliation in US tariff row 'like grabbing your own throat' Crops, meat and energy trade in both directions across the Canada-US border, making it difficult to retaliate against US products in those industries. read » China's staggering demand for commodities It's said that in China, a new skyscraper is built every five days. read » Trump sours flagging NAFTA talks with steel trade war threats Canada, the biggest foreign supplier of steel and aluminum to the United States, quickly pledged to retaliate if necessary. read » What does February stock market crash mean for gold? Gold didn't offer a hedge against stock market turmoil. Instead, it shared with equities the fears against a more hawkish Fed and moved alongside stocks. read » Fed hikes, dollar, and gold The US dollar has fallen rather sharply over the past year or so, despite ongoing Fed rate hikes. This persistent dollar weakness has really boosted gold. read » Oil market fears: war, default and nuclear weapons Outside of the US, there is a deterioration of stability in many oil-producing regions, aggravating risks for both oil companies and the oil market. read » Eike Batista's ex-wife says he hid a gold mine during divorce Eike Batista, the former billionaire who lost his fortune and spent time in jail for alleged corruption, has a new headache: a lawsuit from his ex-wife. read » Coal India output, sales rise as power plants rebuild stockpiles Coal India Ltd.'s shipments rose 4.8 percent from a year ago and output increased for a seventh straight month. read » Codelco union leader fears privatization by new Chile president Chile's incoming government is working on a plan to break up Codelco into northern and southern divisions. read » Tapping the lithium rush, Canadian miner stakes claims in Utah The play by Vancouver-based MGX Minerals is part of a global scramble for the super-light metal used in smart phones and electric vehicles. read » Angola offers former dos Santos diamond rights to investors Angola is one of the world's top 5 diamond producers, but much of the territory remains under-explored due to 27 years of civil war. read » PDAC 2018 gets underway on Monday TMX Group, the global exchange leader in mining, is pleased to welcome delegates to the Prospectors and Developers Association of Canada's (PDAC) 2018 International Convention, Trade Show & Investors Exchange, taking place this week in […] read » Trump defiant after criticism of steel and aluminium tariffs U.S. President Donald Trump struck a defiant tone on Friday, saying trade wars were good and easy to win, after his plan to put tariffs on imports of steel and aluminium triggered global criticism and a slide in world stock markets. read » Moody's upgrades Barrick to Baa2 with stable outlook Company's goal remains to reduce total debt to around $5 billion by the end of 2018. 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. 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