martes, 26 de junio de 2018

Yamana kicks off production at Argentina’s gold-silver mine

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Mining News Digest
Wednesday 27 June 2018
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The miner, which has set an exploration objective of adding one million gold equivalent ounces to Cerro Moro's mineral inventory, has has hiked its exploration budget for 2018 to $11.2 million from $9 million.

Company decided to revise the terms of its planned 100% takeover of USA Lithium, which owns two projects in the US.

The $575-million figure represents a 6% increase from the $541m obtained in the same period last year and 3.7% higher than the $554m it sold last month.

Ross Beaty explains.

Zinc!

Inflation is set to get an even bigger jolt now that Trump has formally approved 25 percent tariffs on as much as $50 billion of Chinese goods.

As the company's former business partner and new President Cyril Ramaphosa promises an economic recovery, Glencore is reaping profits.

NCZ Investments Pty, a Fortescue unit, seeks interim orders to restrain Gina Rinehart controlled-Redstone Corp Pty from dispatching its bidder's statement.

The project is scheduled to launch by the end of 2020, producing high-quality stainless steel strips with an annual capacity of 680,000 tonnes.

Miners are turning to alternative sources of finance as the industry has struggled to woo back traditional financiers.

Disruption to copper's supply chain has taken place at the refined metal segment of the chain, distorting trade flows but not directly removing units from the supply-demand balance.

Johannesburg, 26 June 2018: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) regrets to report that a colleague has tragically passed away at our Khomanani mine at the Driefontein operation. For reasons still to be determined, […]

A celebration of the North from the coin's design to its gold content.

Workers are threatening to walk off the job soon to protest plans to transform the century-old open pit into an underground mine.

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