Global copper output up 7.1 pct in first three months of 2018

Having trouble viewing this email?  View online Mining News Digest Friday 22 June 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Global copper output up 7.1 pct in first three months of 2018 Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world's leader Chile. read » Trade worries aside, copper price has further to fall "Metals markets are well supplied and weaker demand from China will prove too strong a headwind for prices," says new report. read » New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m Shares in the gold miner went ballistic over the news, jumping around 52% in London and more than 59% in Toronto. read » Lumina Gold, First Quantum ink deal to advance exploration in Ecuador First Quantum will invest $1.5 million to advance exploration work at the Orquideas and Cascas assets in the first year, with the option of investing an additional $37 million over the course of the subsequent four years covered by the deal. read » Newmont sells stake in Yanacocha gold mine to Japan's Sumitomo for $48 million Sumitomo's move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits. read » RANKED: Countries where publicly-traded miners operate U-S-A! read » South Africa coal terminal boosts productivity with $98m upgrade South Africa's Richards Bay Coal Terminal has boosted productivity after a 1.34 billion rand ($98 million) machinery upgrade, the firm said on Thursday. read » First new all-electric mine dumps diesel; cuts costs, pollution Hundreds of feet below thick forest blanketing the Canadian Shield, a squad of near-silent, battery-powered machines are tunneling toward gold in an experiment to ditch diesel. read » Trump vows to open Minnesota's Superior National Forest to mines Trumps administration will soon be "taking the first steps" to rescind a move made by the Obama administration to put the national forest off limits to industry activity. read » Zambia aiming for power prices that reflect costs by end 2018 The new measure will affect global mining firms including First Quantum Minerals, Glencore, Barrick Gold Corp and Vedanta Resources which currently pay a flat rate of 9.30 cents/kWh. read » Top Dalradian shareholder supports Orion Mine takeover offer M&G Investment Management, said on Thursday it was supportive of a friendly cash takeover offer for Dalradian from private equity group Orion Mine Finance. 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.