jueves, 14 de junio de 2018

Mitsubishi ups stake in Anglo’s Quellaveco copper project

Having trouble viewing this email?  View online
MINING.com - your source for global mining news
Asia News Digest
Friday 15 June 2018
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America

Anglo will sell a 21.9% stake in its Peruvian copper project to Mitsubishi, increasing the Japanese firm's stake in the venture to 40%.

The listing also makes Erdene the only precious metals exploration and development company currently registered on the exchange.

Prime Minister said he would submit tom parliament his own 'proposals' over a settlement reached last year, which would end long-dragged disputes between the company and the country over Kumtor gold mine.

CITIC Metal will own 20% of the Canadian miner, which makes its biggest shareholder.

The battery cell maker is working on the first section of the factory, in Skellefteå in the north of Sweden, which will be completed in 2020 and produce eight gigawatt cell capacity per year.

The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .

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.

The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.

Up 75% in a year battery producers stock up on high grade exchange-held metal in anticipation of electric vehicle boom.

The Halifax, Nova Scotia-based miner also said it had launched an offering of common shares to Mongolian residents, as well as a concurrent non-brokered private placement, which in combination are expected to raise up to $4.4 million.

It's rumoured that Sapar Isakov's charges may put a pact ending long-dragged disputes between the Asian country and the Canadian miner in jeopardy.

The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.

While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.

Deadly protests last week over alleged pollution from the Tuticorin smelter have prolonged a shutdown of the 400,000 tonnes-a-year operation. This time it seems to be forever.

Tianshan has annual aluminium smelting capacity of 1.4 million tonnes.

Iron ore shipments from the world's biggest export terminal rose to 45 million tonnes in May from 42.6 million tonnes in the previous month.

Inner Mongolia expects to complete a 2020 target of cutting 54.14 million tonnes by 2018.

A lull in purchasing by battery makers suggests the market is not yet short of supply.

The boardroom shake-up comes a few days after fresh cases of misconduct at its Naoshima copper smelter and refinery in western Japan was found.

A study conducted by researchers at Duke University found high levels of uranium contamination in India's groundwater supply.

Benchmark spot gold prices have moved since last Friday's close, with the spread between its highs and lows the narrowest of any week since August 2007.

ScotiaMocatta is curtailing lending to the physical metals supply chain and would refocus on major corporate clients.

The country's gold imports in the first five months of 2018 fell 39.4 percent from a year ago to 274.2 tonnes, data compiled by GFMS showed.

Chinese jewelry sales are a key component of global demand for both physical gold and platinum, accounting for 14% and 16% of consumption respectively.

Every year, Freeport-McMoRan Inc. dumps tens of millions of tons of mining waste into the Ajkwa River system in Indonesia. The company has been doing it for decades, and is demanding the right to keep at it for decades to come.

6 Months Thermal Coal CAPP Price
6 Months Tin Price
Find MINING.com on Facebook
Follow MINING.com on Twitter
Subscribe to the RSS Feed
Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America
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 Asia News Digest". You mayunsubscribe at any time.
The information contained in “Asia 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 “Asia 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.

No hay comentarios:

Publicar un comentario

You have been invited to contribute to La Tota Tv

Hello, The purpose of this message is to inform you that La Tota TV has invited you to contribute to their blog "La Tota Tv"...