martes, 29 de mayo de 2018

World’s largest diamond miner De Beers to sell synthetic stones

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Mining News Digest
Wednesday 30 May 2018
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After vowing for over a century it would never sell stones made in laboratories, De Beers will start doing so in September.

Time to curb your enthusiasm about the electric vehicle boom and surging demand, prices for lithium, cobalt, nickel, rare earth and graphite?

The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and consumables failed to be delivered to site, while road blocks on highways prevented sending output to port.

Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.

Neighboring Guinea is now China's largest supplier of bauxite after overtaking Australia in 2017.

Britain's Royal Bank of Scotland said it had tightened restrictions on project finance and general lending for high-carbon energy projects and companies.

The Canadamark program verifies that diamonds are natural and untreated, and mined in Canada under a regulatory regime.

The London-listed firm is near the end of a quest to bring on technology to boost profits from the treatment of refractory gold ore.

The mining companies insist the government reinsert a stability clause, present in the former code.

About 13 people died at the site last week after police opened fire as locals protested against alleged pollution. 

Chinese officials are currently looking at boosting purchases from West Virginia in particular.

The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.

Jamie Keech of Capital Exploits talks with Maurice Jackson of Proven and Probable about what he sees as the benefits of investing in Platinum Group Metals.

The company will announce "organic growth" in the coming months.

India seeks to import gold and diamonds for value-addition before exporting them.

Mining lithium in the salars of Chile and Argentina is much more cost-effective than hardrock mining.

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