Miners wrote off almost one-third of investments over last decade.

Having trouble viewing this email?  View online Mining News Digest Friday 20 July 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Miners wrote off almost one-third of investments over last decade From the $939bn invested in major projects between 2008 and 2017, the world's top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay. read » Dollar and gold falters as Trump hits fed, stocks drop: markets wrap The dollar erases most of its gains and treasuries strengthened after President Donald Trump criticized the Federal Reserve for raising interest rates. read » Bacanora Lithium changes its mind on how to fund flagship Sonora mine It has decided not to go ahead with a proposed $100-million share sale to help it fund the Mexican project. read » Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal Koricancha is located about 50km from Inca One's own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year. read » De Beers buys Canada's Peregrine Diamonds for $81 million Canadian firm is the sole owner of the Chidliak diamond project in Nunavut. read » Strike looms after breakdown in talks at Chile's Caserones copper mine A union representing workers at Lumina Copper's Caserones mine in Chile said on Thursday that contract negotiations with the company had failed, paving the way for a potential strike. read » Australia's South32 beats annual coking coal output guidance Australian miner South32 Ltd beat its coking coal output guidance for fiscal 2018. read » Copper tumbles below $6,000 as China sends metals into freefall Copper crashed through $6,000 a metric ton for the first time in a year and is headed for its biggest monthly drop since 2015. read » Tariffs lay bare Washington's rare earths dilemma Yttrium is just one a host critical minerals on the list of Chinese imports targeted for the next escalation of the simmering trade war between the two countries. read » Paulson & Co to ask Detour Gold for special meeting for board overhaul Paulson & Co has threatened to replace Detour's board if it does not successfully explore strategic alternatives, including a sale, and look for a new chief executive. read » Rio Tinto opens Chicago office to be closer to US customers The new Rio Tinto office will allow for expanded engagement and provide opportunities for partnerships with new and existing customers. 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.