Rio out of coal

Having trouble viewing this email?  View online Mining News Digest Wednesday 28 March 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Rio Tinto fully out of coal sector with $2.25bn Kestrel mine sale Company has agreed to sell its 80% stake in the Kestrel mine to a consortium comprising of private equity manager EMR Capital and Indonesian coal company Adaro Energy. read » Copper price: 120% premium for Brazil junior another bullish sign Oz Minerals offers top dollar for Avanco which boasts top private equity players and Glencore as major shareholders. read » Copper Mountain gains approval for $71m acquisition of Altona The combination of the two companies will result in a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal. read » Vedanta shuts protests-ridden copper smelter in India for 15 days The maintenance activity, originally scheduled for April, comes amid media reports that thousands had taken to the streets and shut shops in Thootukudi to protest against the expansion of the smelter. read » Unintended environmental consequences of mining regulation being addressed in California The California State Mining and Geology Board recently started to revise California's backfill regulation for reclamation of open pit metallic mineral mines. read » The world's biggest investors have lost $436bn in 2018 The beneficiaries are gold and treasury yields, with gold rallying and treasury yields declining as investors seek safe havens. read » Could the stars be aligned for $1,500 gold? In response to a number of factors, gold is up close to 3% in 2018, compared to the S&P 500 Index, down 2.4%. read » Nickel market eyes Philippines as mine review delayed yet again The review by the Mining Industry Coordinating Council is now set to take six months instead of three, according to the Department of Finance. read » Cobalt upstarts add capacity in Congo as prices triple New output from Congo means the supply of cobalt could exceed demand for a few years, as it did narrowly in 2017. read » Global gold investment seen rising for 5th year in 2018 -CPM CPM forecast net gold investment at 20.3 million ounces during 2018, a 6.6 percent rise from its 19.1 million ounces in 2017. read » Botswana's Debswana says expects further rise in diamond output Debswana expects growth this year as lower taxes in the US leave consumers with more to spend on luxury goods. read » Gold and the dollar What happens to gold over the next couple of weeks will be mostly determined by what happens in the currency market. read » Profit at China's Jinchuan International surges on higher cobalt, copper prices Jinchuan posted net profit of $41.6 million last year, up from 8.3 million a year earlier. read » Canada to target smuggling of steel intended to dodge US tariffs Under new measures unveiled by Prime Minister Justin Trudeau's office on Tuesday, the Canada Border Services Agency will gain new powers to stop companies that try to dodge duties. 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.