jueves, 28 de junio de 2018

Copper price drops to 9-month low, but what about strikes?

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Mining News Digest
Friday 29 June 2018
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Copper bears drop price 11% in 3 weeks, but new report shows labour contracts still up for renewal threaten 3 million tonnes of production just in Chile.

NioCorp Developments expects to receive the funding from an entity managed by The Lind Partners, a New York-based asset management firm, on or around July 9.

Results of the Preliminary Economic Assessment show Cangrejos is one of the world's top 15 undeveloped gold projects based on its average annual production potential.

US law firm Bernstein Liebhard said the suit would deal with "misleading statements" made by the precious metals producer, which has had 21 fatalities on its operations so far in 2018.

Excerpted from THE BONANZA KING: John Mackay and the Battle Over the Greatest Riches in the American West by Gregory Crouch.

Members of a local community near our Siguiri mine have been protesting the temporary rationing of power, which is an unfortunate necessity.

Miners across Africa are increasingly using one-time payments to settle disputes with governments, a trend that's disturbing some investors.

Exxaro Resources Ltd expects coal production for the half year to June 30 to increase by 1.7 percent to 23.52 million tonnes.

SEMAFO Inc is pleased to report that it has completed its first gold pour at the Boungou Mine in Burkina Faso, slightly ahead of the original schedule. The first pour yielded approximately 325 ounces of gold.

Liberty Gold Corp. attracted the attention of RCF Opportunities Fund L.P., which took an 8.4% stake via a private placement in January. The company raised C$10.5 million at $0.42/share and is now in a position to move forward with its aggressive exploration programs.

Industry watchers are keeping their eyes on summer drilling in British Columbia's Golden Triangle for signs of the next GT Gold or Garibaldi Resources.

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