lunes, 19 de marzo de 2018

Newcrest, Harmony joint venture in PNG to cost an extra $1bn upfront

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Mining News Digest
Tuesday 20 March 2018
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But according to the updated feasibility study total capital expenditure for the life of Wafi-Golpu mine will fall by about the same amount to $5.5 billion.

Global copper output is expected to climb from 20.4 million tonnes this year to 28 million tonnes by 2027.

The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.

Michelin has agreed to buy Fenner for 1.2 billion pounds to increase its offering for mining clients and expand its engineered materials business.

Operations, which were temporarily suspended on Sunday, have since resumed, excluding the immediate area of the accident, the copper miner said.

Rio Tinto has hired UBS AG to explore a possible initial public offering on the Australian Securities Exchange after planned trade sales came up short.

The discount of gem-quality lab-created diamonds relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today.

Turns out, it may be easier to strike gold by growing green.

The Swiss attorney general's office launched its probe in 2016, court documents show.

Pinera's government has vowed to reactivate $50 billion in mining investments that it says have been held back by red tape.

Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso.

The operators are pressing the government to row back on some of the reforms President Joseph Kabila signed into law this month.

Nervous Asian battery makers are turning to early-stage cobalt projects in Australia and Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for electric vehicles revs up.

The Swedish Prospectus has been prepared for the admission to trading of up to 93,497,140 common shares on Nasdaq Stockholm.

After BMO's star analyst published bullish research notes on vanadium in January (2018), the price of vanadium pentoxide (v2o5) went up another 55%.

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