viernes, 27 de abril de 2018

China says Chile move to block $5bn SQM lithium deal could be harmful

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Mining News Digest
Saturday 28 April 2018
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If China's Tianqi grabs a stake in Chile's SQM, the world's lowest cost lithium miner, it would mean the top three producers would control at least 80% of the total market, Chile's government has said.

Pan American Silver management has engaged with the protesters in a mediation process.

The rock weighed 327 carats and it is a top white gem diamond.

Antofagasta's First Environmental Tribunal decided to reverse a decision that forbade the Dominga copper and iron ore project from going forward.

But the Canadian company said the uranium market remained "quiet."

Espley is very active in the mining community as a board member of MIRARCO and the Canada Mining Innovation Council.

Poland has about $30 billion of planned wind projects 30 kilometers (19 miles) out in the Baltic.

Guinea is Africa's top bauxite producer and output more than doubled last year to about 50 million tonnes.

The economic case for mining coal to generate electricity in the U.S. continues to fade.

Ecuadorian officials have held talks with several foreign companies about the possibility of building a copper refinery.

Physical gold demand lacked vigour in most Asian hubs this week amid a slight dip in prices.

Sandvik said on Friday it was buying the French software company from private equity firm Astorg Partners.

Strong seasonal tailwinds make May one of the best months of the year in gold-stock bulls.

Two sources told Reuters earlier on Friday that Rusal would soon appoint a fully independent board.

Jiangxi Copper Co, one of China's top copper producers, posted its biggest quarterly profit in 3-1/2 years on Friday thanks to higher copper prices.

The sanctions against Rusal, world's second-biggest aluminium producer, have up-ended the supply chain as companies cut contracts to use Rusal metal.

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