Report: Mining needs $100–$150 billion to meet EV demand

Having trouble viewing this email?  View online Mining News Digest Friday 25 May 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Report: Mining needs $100–$150 billion to meet EV demand McKinsey asks if the availability and rising prices of cobalt, lithium, copper and nickel will constrain greater electric vehicle penetration. read » Lithium price: Massive supply response gets underway SQM, world no 3 lithium miner, plans to more than triple production in less than three years – to the equivalent of 84% of global output last year. read » Mergers and acquisitions in Canada stage exceptional comeback in Q1 However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018. read » Sibanye-Stillwater accuses union of following 'agenda' to harm reputation The Association of Mineworkers and Construction Union (AMCU) said the company failed to take precautions two avoid injuries at its mines earlier this week. read » CanAlaska Uranium, Cameco make headway at West McArthur project Work at the project, located immediately next to Cameco's Fox Lake uranium discovery, has been focused on evaluating the C10 corridor, which is highlighted by the NE-striking conductivity high in the southern part of the property. read » World's No. 1 diamond jewellery retailer joins De Beers tracking pilot Signet Jewelers is the first diamond ornaments maker to join De Beers-led blockchain pilot program, Tracr. read » Indian state seeks permanent closure of Vedanta's copper smelter-officials The pollution control board of Tamil Nadu said the smelter was found last week to be preparing to resume production without permission.  read » Mining capital projects: Are you ready for the next CapEx investment cycle? With new technologies providing opportunities for growth, mining companies are preparing to launch into a new wave of investment. read » Southern Peru Copper Corporation mines for new project management efficiencies with Powerproject SPCC has been processing copper and other metals in Peru since 1960. read » Chile high court declines to weigh in on lithium spat at Maricunga In a written decision, it said it was "the responsibility of the lower-court judge" who is reviewing the case and was not a constitutional issue. read » What are "critical" minerals and what is the US going to do about them?: Andy Home The Trump administration is strategizing to reduce import reliance for metals "critical to the economic and national security of the United States." read » Petra Diamonds says it urgently needs to raise $178m to cut debt Petra has been hit by production delays, strikes, a confiscated consignment of diamonds and a strong South African rand. read » Polyus expects 2018 gold output at top of forecast range Polyus, Russia's largest gold producer, said 2018 production was likely to be at the upper end of its forecast range of 2.375-2.425 million troy ounces. read » Chile's SQM says will boost lithium capacity by 2021 Chilean miner SQM said on Thursday that it would invest $525 million to boost its lithium production capacity in Chile through 2021. read » Russian diamond producer Alrosa says H1 sales to exceed initial expectations Alrosa's 2018 production is expected at 36.6 million carats but its sales will be higher than its production – at about 40 million carats. read » MCX launches India's first silver options India is the world's biggest consumer of silver, which is mainly used for jewellery making in the country. read » June hike is coming. Will gold survive? The recent Fed's monetary policy statement did not bring good news for the gold market. read » Sanctions-hit tycoon Deripaska asks Kremlin to buy some of his aluminium -source Washington said the sanctions were designed to punish Moscow for its alleged meddling in the 2016 U.S. election. read » Anglo Asian copper, gold, silver miner moots maiden dividend Anglo Asian Mining said on Thursday it was considering paying its first dividend now that it had reported a profit, cut debt and built up cash. 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. 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