Lundin Mining launches hostile $1.4 bn bid for Nevsun

Having trouble viewing this email?  View online Mining News Digest Friday 27 July 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Lundin Mining launches hostile $1.4 bn bid for Nevsun Lundin Mining Corp launched a hostile takeover bid for fellow Canadian base metals miner Nevsun Resources Ltd on Thursday, saying it had failed to convince Nevsun's board to agree to a friendly deal over the past nine months. read » Eldorado expects higher gold production in 2018 The Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey. read » Peruvian mining society says Anglo-Mitsubishi project marks a new era for the country The president of Peru's National Society of Mining, Petroleum, and Energy said the project will create 9,000 jobs during its construction phase and additional 2,500 once it goes into production. read » Newmont drops $275 million on northern BC project Golden Triangle. read » Cameco lays off 700 staff The news bumped Cameco's stock (CCO.TO) five per cent on Thursday send it to $14.97 a share. read » Western Australia lithium producer approves $382 million expansion Batteries. read » Newmont trades up on earnings beat Going up. read » Teck Resources says poised for growth, names new chair The world's second-biggest exporter of steelmaking coal stuck to its annual production forecast of 26 million to 27 million tonnes. read » BP pays $10.5 bln for BHP shale assets to beef up U.S. business A unit of British oil major BP PLC will acquire BHP's unit which holds the Eagle Ford, Haynesville and Permian assets for $10.5 billion. read » Has Anglo American found something big in Brazil? The company might have found an exciting copper deposit in Brazil. read » More than 100 South African gold miners treated for smoke inhalation Hundreds of South African gold mine workers were rescued and over 100 treated for smoke inhalation after an underground fire. read » De Beers sizes up Canadian diamond project, first big buy in nearly 2 decades Anglo American unit De Beers expects its purchase of Canada's Peregrine Diamonds, its first upstream diamond acquisition since 2000, to be completed in a month to six weeks' time. read » Platinum's worst may soon be over despite record bearish bet Platinum's near the lowest in a decade and hedge funds have never been so bearish — and that could be good news for prices. read » End may be in sight for strike at Mount Polley mine An end to an eight-week long strike at the Mount Polley copper mine may be in sight, following a tentative agreement reached between the union and Imperial Metals (TSX:III). read » Rainbow Rare Earths reports 180% increase in concentrate sold from previous quarter Rainbow, the rare earth element mining company, is pleased to announce an operations update from its Gakara Project in Burundi ('Gakara') for the three months to 30 June 2018. 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.