Automakers 'waking up too late' as China takes control of cobalt supply

Having trouble viewing this email?  View online Mining News Digest Wednesday 21 March 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Cobalt price: Automakers 'waking up too late' as China takes control Glencore CEO flags China-Congo-cobalt nexus, responsible for 80% of global cobalt chemical production, a crucial ingredient of electric vehicle batteries. read » Copper price: Congo set to overtake US as world's no 4 producer DRC's resolve to overhaul mining code shouldn't have surprised the industry – Kinshasa's become too important to global supply for companies to pull sticks. read » South Africa black ownership to roll out in May Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South Africa's mining sector was to finalize revised plans for black ownership in the industry in the coming weeks. read » B2Gold says Mali's new code won't affect its Fekola mine The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent. read » Glencore snatches Rio's Australian coal mine in $1.7bn deal The acquisition includes Rio Tinto's 82% stake in Hail Creek coal mine and its 71.2 % interest in the Valeria project. read » First Quantum confirms $7.9bn Zambian tax assessment Shares of First Quantum fell as much as 13 percent in Toronto and were down 12 percent when the stock was halted ahead of the statement. read » Talks to implement Congo mining code set for Wednesday -govt The new code opens the door for royalties to increase up to five-fold on metals designated "strategic substances" by the government. read » Meet Ashley. A pioneering woman in mining! Ashley Larsen is now a full-ticket Heavy Duty Mechanic at Copper Mountain mine in British Columbia, Canada. read » The big squeeze: pain ahead if Alberta cuts oil flow to BC BC drivers might be hit with more than gasoline price spikes should Alberta decide to play hardball. read » Stantec to boost oilsands mining operations and reclamation exposure with acquisition of Norwest Norwest will be integrated into Stantec's energy and resources business, the company said. read » Please introduce yourself, Mr. Powell. Gold awaits you There is a risk that the Fed's forecast will be more aggressive, but the fears of a hawkish revolution may be a bit overblown. read » Zambia targets one million tonnes copper output this year Rising copper prices were also expected to boost revenue collection in Africa's No.2 producer of the metal. read » Feast and famine in the global tin market(s): Andy Home The London market is only one half of the picture when it comes to tin price signals. The other, very different half is located in Shanghai. read » Workers at Chile's Los Pelambres mine extend contract talks – industry group Workers in the mine's largest union last week rejected an offer for a new labor contract, triggering a period of government mediation. read » Russia's top gold miner wants to become global player in antimony market Polyus aims for up to 15% of global market od antimony, a metal used primarily in fire retardants and batteries. read » Zambia to conduct tax audit of mining companies for past 6 years The Zambia Revenue Authority may extend the period of the audit should it find a pattern of "consistent, systematic, premeditated" tax evasion. read » Mining companies seek talks as Ivory Coast scraps tax exemption The government announced the discontinuation exemption from a 35 percent tax on profits, a move it said is in line with international trends. 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.