viernes, 20 de abril de 2018

HSBC pulls the plug on coal

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Mining News Digest
Saturday 21 April 2018
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Europe's largest bank won't fund new coal power plants, oil sands and arctic drilling, except in Bangladesh, Indonesia and Vietnam.

Full Metal Minerals wants to buy the Puhipuhi Gold Project.

Gold particles are helping researchers track the diversity of individual cancer cells circulating in the body.

Alrosa's production fell by 17% in the first three months of the year mainly due to the halt of its Mir underground mine and lower-grade ores processed from the Jubilee pipe.

"We cannot live with full confidence with the risk of being hit by those measures"

Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.

The state-owned utility is seeking coal for seven of its plants that are facing shortages after supply disruptions from Gupta family-controlled mines.

Chinese interest in Greenland comes after Beijing expressed ambitions to form a "Polar Silk Road" by developing shipping lanes opened up by global warming.

Castleton Commodities International LLC is sitting on a veritable gold mine as a scramble for aluminum unfolds in the wake of U.S. sanctions.

The illegal miners at Smithfield last month told Grace that she no longer had any power to evict them.

Chilean copper commission Cochilco forecast on Friday that Chile would produce 5.76 million tonnes of the red metal in 2018.

Former leader Robert Mugabe will have to answer questions next month about whether the state was deprived of $15 billion in diamond revenue.

With Russian aluminium producer Rusal imploding in the wake of U.S. sanctions against its oligarch owner Oleg Deripaska, attention is now turning to the status of another Russian industrial powerhouse, Norilsk Nickel.

Once gold climbs to decisive new bull-market highs, sentiment will turn and investors' interest will surge.

SQM, which operates primarily in Chile's Salar de Atacama, is one of the world's largest and most cost-efficient producers of lithium.

Rusal's 90 percent owned Bauxite Company of Guyana produced 1.05 million tonnes of bauxite – the raw material used to make aluminium – last year.

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