Copper price takes another huge hit

Having trouble viewing this email?  View online Mining News Digest Friday 6 July 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Copper price takes another huge hit Bears ignore soothing words about US-China trade war dropping copper to near 1-year low in frenzied trade. read » Thermal coal prices hit 6-year high Seaborne price for coal used in electricity generation scales $120 a tonne as South Africa diverts exports for domestic use and Asian demand spikes. read » Finds at Lucapa's Lulo project jump on record mined diamonds Production at Lucapa's 40%-owned Lulo project, in Angola, rose 20% during the June quarter. read » Hitching gold to the electric vehicle bandwagon Don't get your hopes up. read » Rio Tinto says synergies, no Brexit behind decision to move sales team to Germany London-based sales and marketing staff to relocate to Frankfurt beginning September. read » Petra Diamonds sells stake in Kimberley Ekapa JV for $22 million The Kimberley Ekapa joint venture focuses on mining in the South African town of Kimberley. read » BHP, workers at Escondida mine in Chile 'far from agreement' Negotiations between workers and BHP Billiton Plc at the Escondida copper mine in Chile, the world's largest, are "far from reaching agreement" with less than three weeks to go before the negotiation deadline. read » China's top EV maker starts battery-swap service to lure users Beijing Electric Vehicle Co.,is preparing for a stock-market listing and starting a battery-swap service to reduce customers' range anxiety and keep up with similar offerings from rivals. read » Glencore announces $1 bn share buyback days after probe Glencore Plc will buy back as much as $1 billion of its shares, a move that may soothe investor concerns after the world's top commodity trader was hit by a U.S. Department of Justice probe earlier this week. read » Automaker shares soar on U.S. proposal to eliminate tariffs Shares in European carmakers are having their best trading day in two years after a U.S. official floated a proposal to eliminate vehicle-import tariffs on both sides of the Atlantic. read » Thyssenkrupp CEO asks to step down, board to meet on Friday After two years of at times fraught talks, the two steel firms last Saturday signed an agreement to create Europe's second-largest steelmaker. read » Iron ore slides to seven-month low as trade war fears mount Iron ore's starting to buckle after a series of warnings that prices are set to drop amid rising global supply, and as investors fret about the potential impact of escalating trade tensions between the U.S. and China. read » First Quantum given time to solve $7.9 bn Zambian tax row First Quantum, which operates the Kansanshi and Kalumbila mines in the country, accounted for more than half of Zambia's copper production last year and is the biggest individual taxpayer. read » Eramet searches for lithium deposits in Chile, Argentina, Brazil – CEO "Our priority is to develop our existing lithium deposit in Argentina. But we are also looking for other deposits in Chile, Argentina and Brazil,"- Eramet Chief Executive Officer Christel Bories 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.