Battery metals supply crunch to slow near-term EVs growth — Moody's

Having trouble viewing this email?  View online Mining News Digest Wednesday 2 May 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Battery metals supply crunch to slow near-term EVs growth — Moody's Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars. read » Chaarat Gold offer to Centerra values Kumtor mine at $800 million The proposed acquisition would be funded by $400 million in cash from Chaarat, while the $400 million of Centerra shares currently held by Kyrgyzaltyn would be transferred to the Canadian miner and cancelled, in exchange for a 50% direct preferred economic interest in the Kumtor mine. read » Botswana Diamonds, Vast Resources team up to explore in Zimbabwe The two companies will exchange past exploration information on areas prospective for diamonds in Zimbabwe and form a jointly-owned special purpose vehicle to develop and exploit diamond resources. read » Artisanal miners in Venezuela operate under illegal unions Illegal extraction of gold and other metals and their subsequent smuggling to foreign markets is seen by many as a way to navigate the current crisis. read » Halted Botswana diamond mine to be sold at online auction The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year. read » US to fund batteries that store power for days, not hours The U.S. is looking for new battery technologies that are cheaper and can hold onto power longer. read » Australia corporate watchdog expands legal action against Rio Tinto, former executives The global miner has denied any wrongdoing in a similar case brought by the U.S. Securities and Exchange Commission. read » Month-end shenanigans everywhere Precious metals expert Michael Ballanger discusses the gold and silver ratio. read » Fort Hills oilsands ramp up surges over 100,000 bbls/d The most recent data available from the Alberta Energy Regulator — for December 2017 — shows Fort Hills at 11,525 bbls/d. read » Glencore wins temporary injunction against billionaire Dan Gertler -FT Gertler, who is the subject of U.S. sanctions, is owed some royalties by Glencore, but the London-listed company disputes the amounts claimed. read » Oil hedge fund manager Andurand says $300 'not impossible' Pierre Andurand said the current reluctance of energy companies to invest in new production meant $300 a barrel was "not impossible" within a few years. read » After Tesla debacle, Denmark reconsiders electric car subsidies Prime Minister Lars Lokke Rasmussen said the goal is to make the economy greener and less vulnerable to swings in commodities markets. read » This billionaire says he's put half his net worth into gold Egyptian billionaire Naguib Sawiris believes gold prices will rally further, while "overvalued" stock markets crash. read » Australia's Mineral Resources says to sell minority stake in lithium project Mining services provider Mineral Resources Ltd on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia. read » Western Canada miner wants new copper property in B.C. Most records of early exploration work on the property have been lost. read » Mint American Eagle gold coin sales at weakest April since 2007 Meanwhile, silver coin purchases for the month rose 10 per cent higher than last year. read » Metals maker Arconic slashes forecasts, shares slide Prices to remain high due to sanctions, tariffs. read » Mining group sounds alarm in Canadian railway legislation fight The Mining Association of Canada – representing firms including Barrick Gold Corp. and Teck Resources Ltd. – expressed "profound disappointment." 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.