lunes, 12 de marzo de 2018

Copper price: Hedge funds slash bullish bets to 16-month low

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Mining News Digest
Tuesday 13 March 2018
Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium

The last time large-scale copper price futures speculators were this bearish, copper was trading 30% lower than today's price.

The Russia-China Investment Fund for Regional Development will kickstart the financing for a uranium mining project.

The miner declared that its performance for fiscal 2018 will be affected by the breach of a tailings dam wall at its Cadia gold mine.

Under the deal, Newfield will lend Stellar $3 million to help it over its immediate short-term cash needs, while undertaking a right issue to raise A$30 million (roughly $23.6m) to re-finance the blended company.

The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) have filed petitions asking the court to reverse the 2012 ban.

"We are ready to take action whenever action is required … we had your backs last week and we always will," Trudeau said after visiting a Rio Tinto smelter in Quebec.

Caza Gold and Arctic Blockchain merge.

JSW said on Monday its 2017 net profit jumped to 2.54 billion zlotys ($745.31 million) from 6.7 million zlotys a year earlier.

Anglo said there was leakage of a mixture of iron ore and water to a local watershed.

Sherritt shares were up 2.5 percent at 10:30 a.m. in Toronto.

Serbia has tried and failed three times since 2007 to sell the debt-laden mining complex.

There's a strange thing about the fear going through the global mining industry after theCongo signed an order to lift royalties last week: Compared with most other countries, these levies are still relatively low.

German Chancellor Angela Merkel said Europe must be ready to respond to the unilateral imposition of trade tariffs by the United States but she first hoped for talks on the issue.

Up six percent from a year ago.

1 Day Spot Gold Price
1 Month Copper Price
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