martes, 22 de mayo de 2018

Rio Tinto says investors to take stance on Oyu Tolgoi as ‘test case’

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Mining News Digest
Wednesday 23 May 2018
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Rio Tinto has called for less interference at its giant copper and gold mine in Mongolia, as it moves forward with an underground expansion.

The country's energy ministry said he aimed to address the company's development plans in the coming weeks and according to a recent arbitration, which favoured Eldorado.

With the discovery, the miner has already exceeded the total number of diamonds of over 100 carats recovered in 2017.

Stone was recovered from the Neck zone of the Mothae kimberlite, not part of the current one-million carat Joint Ore Reserves Committee-compliant resource.

MINING.com discusses the state of private equity investment in mining with Michael Scherb founder of Appian Capital.

The transaction is the world's first cobalt-nickel streaming deal on a producing mine, Cobalt 27 said in a statement.

Forecasted industry fundamentals point to an environment favoring higher diamond prices over a period of at least the next four years.

Tracking metals across the supply chain has become increasingly important to businesses and consumers – with blockchain, there's no hiding anything.

Ore imports aren't just going up because China's producing more steel: They're rising because it's producing less iron ore as well.

Alberta's E3 Metals Corp. developed a chemical extraction process that allows lithium to be produced in hours.

Structural changes in the world's biggest importer, China, are re-shaping how the industry works.

The international NGO in a report on Tuesday estimates the Taliban earns $2.5 million to $10 million a year from mining talc alone.

Goldcorp Inc. CEO David Garofalo says he's happy with his company's portfolio of assets, but that doesn't mean he doesn't have a wish list.

The company also said it plans to reduce investment in oversees assets and focus on domestic operations.

Nickel prices to ease off after reaching a three-year high in April.

An irresponsible U.S. fiscal policy seems to be the only bullish gold's driver in operation right now.

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