Tesla delivers bad news for cobalt price, boost for rare earths

Having trouble viewing this email?  View online Mining News Digest Friday 4 May 2018 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium Tesla delivers bad news for cobalt price, boost for rare earths Electric vehicle manufacturer has reduced cobalt usage in its batteries by 59%. read » Paris asks insurers to ditch coal Paris City Council passed a motion last night where its members ask the CEOs of the world's largest insurance and reinsurance companies to stop insuring coal projects. read » Eight still trapped underground at Sibanye mine following seismic event Contact has been made with three of the workers trapped at the company's Masakhane gold mine. read » Lucapa finds yet another large diamond in Angola The 46-carat pink diamond is the largest coloured gem-quality stone ever recovered at the company's Lulo project. read » S. Africa gold miners, workers reach settlement in historic silicosis case The parties said they believed an out-of-court settlement was far preferable for all concerned than an inevitably lengthy and expensive litigation process . read » UK-based explorer granted licence surrounding historic gold mine in Sweden Erris Resources was granted a new 100% owned gold exploration permit, Enåsen no.5, which is located in central Sweden. read » Workers seek partner to buy and operate aging Peru smelter La Oroya polymetallic smelter had been operated by Doe Run Peru, a unit of the U.S.-based Renco Group, from 1997 until the company went bankrupt in 2009 and its assets were transferred to a group of former creditors. read » China opens iron ore market to the world in pricing, image push China to allow foreign investors in iron ore futures from Friday. read » The benefits and pitfalls of mining automation Automated mining technologies require governments and the mining industry to consider how efficiency gains will change local mining communities. read » 4 big reasons why you might want to consider gold stocks right now Gold eked out a positive March quarter, returning close to 1.3 percent, while the S&P 500 Index posted its first negative quarter since 2015. read » ALROSA sells large diamonds for USD 14.8 million at the auction in Vladivostok The United Selling Organization (USO) of ALROSA sold 101 special size rough diamonds with the total weight of 1751.1 carats. read » Making a bad situation worse: Tanzania introduces further regulatory changes to the mining sector The changes are part of a worrying trend of sweeping legislative and policy changes, implemented without consultation with stakeholders. read » In response to CNN investigation, car manufacturer Daimler promises to audit cobalt supply 'to the mine' Daimler has pledged to investigate its supply chain to ensure child labour is not being used to power its electric vehicles. read » Benchmark zinc treatment charges down 15 pct in 2018- Nyrstar Zinc supply has been falling over the last few years as major mines reached the end of their lives and Glencore cut its own output. read » Ontario partners with First Nations to share forestry and mining revenues Ontario and First Nations partners have signed historic resource revenue sharing agreements in mining and forestry – the first of their kind in the province. read » Brazil's Sigma Lithium to list in Toronto next week The Brazil-based lithium mine developer eyes a wave of demand for the metal used in rechargeable batteries for iPhones and electric cars. read » Black Iron ranked by CRU as the lowest cost pellet feed iron ore development project CRU's independent study shows that Black Iron's projected operating and construction capital costs position the company well in the global iron ore market. read » You don't have to dig a mine to run one, female leaders say The materials industry, which includes miners, trails all other sectors in the Bloomberg World Index on rates of female participation. read » Sibanye's S.African gold output drops, expects to recover losses by year-end Sibanye-Stillwater's gold output at its South African mines had been hit by by safety and operational disruptions in the first quarter. read » Climate resolution at Rio meeting heralds coming climate avalanche: Russell Rio Tinto shareholders that voted in favour of a resolution calling the miner to review its membership of the Minerals Council of Australia (MCA) and other lobby groups. read » Glencore's Congo mining conundrum The miner and commodities trader is embroiled in a legal tangle over its copper and cobalt operations in Democratic Republic of Congo, where conflict and changes to regulations have deterred many mining firms. read » Developer increases gold resources at project with 'district size potential' Canaccord Genuity reported that Marathon Gold Corp. released an updated resource on its Valentine Lake gold project in Newfoundland. read » National Mining Hall of Fame names 2018 inductees induction ceremony to be held in Denver, CO This year's inductees represent exploration, extraction, management, education, and research and development in the U.S. mining industry. read » Osisko reports first quarter 2018 results Osisko Gold Royalties Ltd today announced its consolidated financial results for the first quarter ended March 31, 2018. 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. 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