World’s No. 1 copper miner Codelco made a $2.88 billion profit in 2017

Having trouble viewing this email?  View online Mining News Digest Saturday 17 March 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium World's No. 1 copper miner Codelco made a $2.88 billion profit in 2017 Best performance in three years. read » EPA may be overstating claims from the Gold King mine spill According to AP, an Albuquerque law firm filed 13 claims totalling $120 million, but a recently released EPA spreadsheet says it was 14 claims totalling $220 million. read » Gold price calm to shatter as geopolitical crisis index hits 15-year high Geopolitical turmoil not piercing bullion markets yet – gold in tightest weekly trading range in percentage terms since 2012; in dollar terms since 2007. read » Electric car dreams may be dashed by 2050 on lack of cobalt, lithium supplies 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. read » De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine 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. read » Leveraging blockchain to revolutionize the mining industry Australia's biggest mining company, BHP, has already started using blockchain technology to improve its supply chain processes. read » Mali says negotiating mining code revision but could act unilaterally Many mines in Mali, Africa's third-largest gold producer, are protected from changes to the fiscal regime for 30 years. read » China's alumina restarts hindered by bauxite shortage – Antaike Alumina refineries and aluminium smelters in parts of China cut production by 30% during November to March as part of a campaign against air pollution. read » Mongolia Oyu Tolgoi copper mine 2017 revenue drops 22% as construction delays weigh Oyu Tolgoi booked $939.8 million in revenue for 2017, down from $1.2 billion the previous year. read » Asia Gold-India prices discounted as festival fails to lure buyers Dealers in India were offering a discount of up to $3 an ounce over official domestic prices, unchanged from last week. read » Rio Tinto hires UBS to explore Pacific Aluminium listing – sources The mining group has tried to sell the division many times without success. read » New Chile govt undecided on blocking SQM sale to China firms -official Chile development agency Corfo filed a complaint last week to block the sale of a 32% stake in SQM to China's Tianqi Lithium or any related entities. read » S.Africa's ARM posts 15% rise in H1 profit on strong manganese business ARM declared a dividend of 250 cents per share for the first half. read » Mine accident shows a potash market nervous about outages Shares of some of the largest potash producers soared on speculation that the accident could knock out a large chunk of global production capacity. read » Gold miners' Q4'17 fundamentals The major gold miners' recently-released Q4'17 results prove they are thriving, despite their languishing stock prices. read » Caterpillar to close facilities, could cut 880 jobs Heavy equipment maker is also contemplating the closure of its engine manufacturing plant in Illinois. read » Poland's KGHM targets rise in Chilean copper ore output The miner expects daily copper ore output at its Chilean mine Sierra Gorda to increase by 18% next year from current levels. 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.