Goldcorp to pay $3.7 million for stake in newly formed explorer

Having trouble viewing this email?  View online Mining News Digest Friday 27 April 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Goldcorp to pay $3.7 million for stake in newly formed explorer Goldcorp will acquire 14% of Quebec Precious Metals Corp. born Thursday from the merger of Matamec, Canada Strategic Metals and Sphinx Resources. read » Colombian initiative prevents 25 tonnes of mercury from entering the environment "We are the first territory actively making efforts towards eradicating the use of mercury and we are close to achieving this goal," Antioquia's Governor said. read » Canadian junior expands in Peru Auryn Resources announced that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru. read » Chilean government promises funding for Codelco Then Mining Minister said Codelco has to keep up production levels so that it can remain Chile and the world's No.1 copper miner. read » Newmont profit soars on higher gold prices, claims top bullion miner title Despite seeing gold output decline by 2%, Newmont claimed the title of world's biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of the year. read » Sale of 910-carat rock boosts Gem Diamonds revenue, stone prices The company's revenue jumped a whopping 174% in the first quarter of the year thanks to strong demand for its rough rocks and the sale of a 910-carat diamond, the fifth-largest ever found. read » Canadian Miner Agnico to divest cobalt assets, sells gold interests Agnico said it started a strategic review on selling about 2,100 hectares of the Coleman and the South Lorrain cobalt-rich properties in Canada. read » France's ERAMET bids $218 mln for Australia's Mineral Deposits ERAMET said the offer would enable the full consolidation of the TiZir joint venture. read » Russia's leading coal producer SUEK joins World Coal Association SUEK is one of the world's largest coal companies that produces higher-quality enriched coal. read » World's lithium king is ready to unleash a flood of new supply Soc. Quimica & Minera de Chile SA sits on the world's richest deposit of lithium and already produces more than 20 percent of the global supply. read » Oil sands get taste of slower growth ahead as logjams hit output While Cenovus and Husky both billed their output slowdowns as temporary, the first-quarter hiccups foreshadow shrinking gains in oil-sands production. read » Grasberg hardball scores an own goal for Indonesia: Gadfly The most drawn-out deal in the global mining industry looks set for another round. read » Strip-club promos vie with gender equality at mining expo The week-long Expomin event in Chile offered a glimpse at both how far the industry has come — and how far it has to go. read » Jewelry companies team up with IBM on blockchain platform Gold and diamond companies joined with IBM to develop blockchain technology to track the origin of jewelry and ensure it is ethically sourced. read » Vale unsure if New Caledonia nickel operations will continue A day after first quarter results showed a 36 percent slump in profit, executives said they were not satisfied with nickel prices. read » US sanctions on Rusal shatter aluminium's supply chain: Andy Home By extending the sanctions deadline to Oct. 23, 2018, the Treasury Department has given Rusal and the aluminium market some much needed breathing space. read » Russia's Nornickel cuts 2018 output forecast for copper project The Bystrinsky project is now expected to produce 25,000-31,000 tonnes of copper and 90,000-110,000 ounces of gold in concentrate in 2018. read » Chile copper mine Escondida says no early wage agreement reached The official deadline to start contract discussions begins in June. read » Cenovus says railways are ready to ease oil transportation bottlenecks Oil and gas producer Cenovus Energy Inc expects Canada's railways to be able to carry more oil in the second half of this year. read » Kaz Minerals to scrap Hong Kong listing Since the 2011 secondary listing only a small number of shareholders have elected to hold their stock on the Hong Kong register, Kaz Minerals said. read » Vale eyes $1 bln in dividends each quarter this year The comments came a day after Vale reported a first-quarter slide in profit of 36 percent on higher costs and lower iron ore prices. read » Moroccan King to sign trade, mining deals with Congo Moroccan King Mohammed VI will travel to the Central African nation for an April 28 summit of leaders to discuss the Congo Basin Blue Fund. 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. 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