martes, 31 de julio de 2018

Copper price bears shrug $280B China stimulus package

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Mining News Digest
Tuesday 31 July 2018
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And Chuquicamata stoppage, looming Escondida strike.

The 11.88-carat diamond was recovered from the North zone of the Mothae diamond mine.

Uakitite is associated with sulfides, schreibersite and magnetite.

The alternate route approved last year by Nebraska regulators is expected to have minor to moderate effects on three of the eight environmental categories the U.S. State Department assessed.

As a result of the latest stoppage at the Ivory Coast mine and the time it will take to bring it back on line and at full tilt, Randgold will have to review its 290,000-ounce gold output forecast for the year.

Workers have downed tools and blocked access to the mine in protest of the "unjustified layoff" of two colleagues.

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.

Union members have until Wednesday to finish voting on the company's proposal.

The miner said it aims to ensure a level of cash flow for its $6.3 billion Cobre Panama project ahead of commercial production.

The Permian shale play in West Texas is once again booming with drilling and is full of oil field workers, some of which are abusing drugs and alcohol.

Turkey was looking to boost its trade with West Africa and sub-Saharan countries, where there is demand for the less capital-intensive steel products.

The South Deep mine was built to target the world's second-biggest known body of gold-bearing ore, a deposit that could produce for the next 70 years.

Any revisions would need to be discussed with the coal and power industry beforehand, and any impacts on state revenue would need to be calculated.

He has been given more time to make a firm offer or walk away from a deal to buy out minority shareholders in Vedanta Resources for 778 million pounds ($1 billion).

The government lifted a moratorium for prospecting permits on 7,828 square kilometres on the northern part of the South Island.

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