Nevsun shares soar as it rejects $1.2-billion bid from Lundin, Euro Sun

Having trouble viewing this email?  View online Mining News Digest Wednesday 9 May 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Nevsun shares soar as it rejects $1.2-billion bid from Lundin, Euro Sun Nevsun, who declined the offer for the fourth time, said the proposal undervalued its Timok copper-gold project in Serbia and that junior Euro Sun was "not an attractive partner". read » No 'one-size-fits-all' when making mines productive With limited upside for precious metal prices, miners are refocusing on productivity. read » Shell sells stake in Canadian Natural Resources for $3.3 billion Once the deal closes, Shell's only involvement in Canada's oil sands will be through its 10% stake in the Athabasca Oil Sands Project, majority owned by CNR and Chevron. read » Antofagasta shares, half-year production hit by Los Pelambres pipeline blockage The miner said it would take up to three months for stocks to return to normal, which will affect both projected output and sales in the six months ending June 30. read » Fura Gems finds giant emerald at historic Coscuez mine in Colombia The 25.97-carat rough emerald is considered both "rare and exceptional" given its size, colour saturation and clarity. read » Canadian-made responsible mining initiative answers global demand for supply chain transparency The Mining Association of Canada's (MAC) Toward Sustainable Mining (TSM) initiative is an accountability program for social and environmental performance. read » Gold to remain influenced by political uncertainties and geopolitical risk around the world Political uncertainty, including Brexit negotiations, along with ongoing tensions in the Middle East will remain gold's key drivers. read » Indonesia grants tin export permits to 12 companies including PT Timah The country's biggest tin miner PT Timah Tbk received a permit to ship 32,305 tonnes. read » Glencore's Congo woes throw spotlight on country's cobalt dominance Congo accounts for around 60 percent of global supply – estimated at around 110,000 tonnes this year. read » Poland's KGHM expects to match or exceed 2017 profit this year The CEO also forecast that the copper price will exceed $7,000 by the end of this year, as analysts at Bank of China expect. read » AngloGold upbeat on Africa even as mine uncertainty persists The company is mired in disputes with the governments of Tanzania and the Democratic Republic of Congo over law changes that raise taxes in the countries. read » Zimbabwe parliament delays Mugabe's questioning on diamond revenue Mugabe to face legislators over his previous pronouncements that the state had been deprived of at least $15 billion in diamond revenue by mining companies. read » Congo court temporarily suspends dissolution of Glencore unit Congo's state miner Gecamines is seeking to dissolve Kamoto Copper Company (KCC), blaming Glencore for high debts that have weighed on the mine for more than 10 years. read » The DJIA, gold industry, & gold equities Gold orientated discovery company, Westhaven Ventures, is currently drilling a potentially high grade epithermal gold target in an underexplored gold belt. read » Structural reforms needed to deliver long-term prosperity in Australia With resources accounting for more than half Australia's total export earnings, it is clear that the minerals industry is important to economic prosperity. read » MAC fetes Vale and IAMGOLD with 2018 TSM Excellence Awards The companies were recognized with the awards yesterday at the CIM Awards Gala in Vancouver. read » Ontario launches $90 million solar rebate program to help save energy, money and the environment This program will provide qualifying businesses $0.75 per watt for solar panel installations up to 500 kW (AC). read » Read more news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver 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.