jueves, 22 de marzo de 2018

Swedish Boliden innocent in Chile toxic waste dump case — court

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Europe News Digest
Friday 23 March 2018
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Swedish court has ruled that local miner Boliden won't have to pay over $12 million (100 million Swedish crowns) in compensation for health problems allegedly caused by toxic waste it dumped in northern Chile.

The German luxury vehicle maker said mass production of EVs is not viable until 2020 when its proprietary electric drive technology is expected to be profitable enough.

Australia's Whitehaven Coal is acquiring the Winchester South project, located in Queensland.

The company has entered into an agreement to buy Aurenere, a project located in the northern Spanish province of Lleida.

Early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisition of the mine

The portable machine screens polished diamonds and jewellery, identifying synthetics as well as treated stones.

The acquisition includes Rio Tinto's 82% stake in Hail Creek coal mine and its 71.2 % interest in the Valeria project.

January profits for the Sukari gold mine are making headlines in the country.

German researchers say cobalt-free battery technologies — including post-lithium technologies based on non-critical elements — are the best way to avoid supply issues in the long term.

The partners in Canada's Gahcho Kué mine, Mountain Province, said the planned acquisition opens up some potential new options for the operation's future.

It's a 169-carat, top white colour Type IIa rock diamond dug up at the company's flagship Letšeng mine in Lesotho.

Eight-week maintenance project at Syncrude that had been scheduled to start in April will start Thursday.

The world's 10 largest copper mines accounted for 25% global output in 2017 – on average these deposits were discovered 95 YEARS ago.

Gem Diamonds found the 910-carat diamond, named "The Lesotho Legend," in January.

Chile-focused miner is raising its dividend by 177%.

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.

Reactions continue to pour in following U.S. President Donald Trump's imposition of 25 per cent tariffs on steel imports and 10 per cent for aluminium for almost every country but Mexico and Canada.

A mineral usually found at depths of 700 km found ensconced within diamond near Earth's surface for the first time.

Unionized workers company's latest offer for a collective labour agreement.

Latest discovery is a 152-carat, top white colour Type IIa diamond, dug up at the company's flagship Letšeng mine in Lesotho.

Securing the debt will be the final milestone to bring the York project into production.

The government has delayed expected decision on whether to allow a new coal mine in northeastern England.

Miner posted a net loss of $984,928, compared to a $663,145 loss a year earlier, due to an increase in costs of developing its Tongo-Tonguma diamond project in eastern Sierra Leone.

Funding for the project has not been secure yet, though the miner is in talks with Newfield Resources over a possible offer.

With the deal, FLSmidth has taken over the Swedish equipment and tool manufacturer's continuous surface mining and minerals handling technologies.

The deal includes the New Vaal, New Denmark and Kriel mines, as well as various mine life extension projects.

Emissions scrubbing in vehicles accounts for over 40% of platinum demand, and landmark ruling will hasten demise of engine technology.

Scotgold Resources plans to build an underground operation with an initial production capacity of 12,000 ounces of gold annually for up to 17 years.

The Mexico-focused precious metals miner expects cost inflation this year to be about 7%, compared with the 6.4% it faced in 2017.

The proposed acquisition also includes an offer for Rio's 53% stake in the Aluchemie anode plant in the Netherlands and its 50% share in the Alufluor aluminum fluoride plant in Sweden.

Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.

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.

Polyus aims for up to 15% of global market od antimony, a metal used primarily in fire retardants and batteries.

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

It could take up to 90 days to make determinations.

Xi said both countries should cooperate despite ideological differences.

Shares of some of the largest potash producers soared on speculation that the accident could knock out a large chunk of global production capacity.

The miner expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18% next year from current levels.

Costing between $4-8 trillion and affecting 65 countries, China's ambitious One Belt, One Road (OBOR) initiative is the granddaddy of all megaprojects.

"The media bubble around clean energy doesn't reflect reality," said Alan Svoboda, an executive director of Seven Energy.

UK investigators raided home of former investment banker to look for evidence connected with a bribery investigation into mining giant Rio Tinto Group.

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