Copper price soars to 3-month high

Having trouble viewing this email?  View online Mining News Digest Wednesday 6 June 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Copper price soars to 3-month high Up nearly 4% after union at world's only 1 million tonne copper mine demands owner BHP makes biggest bonus payout ever to Chilean mineworkers. read » B2Gold opens major new solar farm at its Namibia mine The plant is expected to improve B2Gold's economic returns, reduce impacts on the environment and become a potential funding source for community development. read » About 75,000 jobs to go in Germany's auto industry because of EVs — study The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit. read » Cobalt thrifting in EV batteries won't dent price any time soon Even best-case, mass early roll-out of new cobalt-light batteries won't solve cobalt supply issues says new report. read » Gold jewelry sales recovering in China, but platinum left on the shelf Chinese jewelry sales are a key component of global demand for both physical gold and platinum, accounting for 14% and 16% of consumption respectively. read » Murray Energy swaps debt on heels of Trump plan to boost coal Most industry watchers forecast that U.S. coal demand will fall in coming years as more coal-fired power plants close. read » Canadian oil has record day after Enbridge scraps new rules Western Canadian Select jumped as much as $12.20 a barrel to $13.80 below the U.S. benchmark Monday, the narrowest spread since May 16. read » Chile's SQM hires ex-chairman Ponce as adviser, government says SQM has retained former chairman Julio Ponce as an adviser despite an agreement to distance himself from the firm to end a long-running royalties dispute. read » South Africa's economy contracts most in nine years on mines The South African Reserve Bank forecasts the economy will expand 1.7 percent this year in 2019 and 2 percent in 2020. read » US lawmakers set bill seeking to control Trump on tariffs – key lawmaker Some Republican lawmakers warn that Trump could trigger a trade war that would destabilize the economy and ultimately hurt American workers. read » South Africa's Harmony Gold says to sell up to $99 mln of new shares The proceeds will be used to used to pay down part of Harmony Gold's outstanding $150 million bridge loan for the Moab Khotsong mine. read » Canada vows to protect metals sector but resists call for quick action Canada retaliated against the latest punitive measures last week by proposing levies on C$16.6 billion worth of U.S. exports. read » German battery maker Akasol plans Frankfurt listing in June The company is planning to sell new shares worth about 100-125 million euros ($117-$147 mln) in a deal valuing it at about 400-500 million euros. read » Mexico hits back on US steel, slaps tariffs on pork, bourbon As of Tuesday, Mexico will impose tariffs of 15 percent to 25 percent on U.S. steel products. read » Golden Predator and the Yukon Mint™ unveil first gold coin Gold from the Golden Predator 3 Aces Project bulk sample is incorporated into the coins. read » LME says looking at expanding eligibility for Rusal metal The London Metal Exchange (LME) is working to see if it can expand access to Rusal's aluminum, which is under suspension due to U.S. sanctions. 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. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Mining News Digest". You mayunsubscribe at any time. The information contained in “Mining News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Mining News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.