viernes, 13 de julio de 2018

Rio Tinto’s ‘world’s largest robot’ delivers first iron ore load

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Mining News Digest
Saturday 14 July 2018
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The autonomous train, consisting of three locomotives and carrying around 28,000 tonnes of iron ore, travelled from Tom Price mine to the port of Cape Lambert

The Canadian miner plans to acquire the rights to the Milenos 32 concession adjacent to its Cerro Hermoso project in Peru.

BMW already signed up as the factory's main client.

Canadian junior MGX has entered into an option agreement to earn into the Kibby Basin lithium brine project, in Nevada.

For Ian Ball, President and CEO of Abitibi Royalties, the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift.

Company believes its Cascabel copper-gold project, 180 km north of the capital Quito, may become one of the largest copper-gold porphyry systems ever discovered.

McKinsey tracked 2.8 per cent per annum increase in productivity between 2014 and 2016 mostly due to mines reducing headcounts and limiting spending, says the consultancy in a study published last month. Data is still […]

Chile-focused miner said proceeds from the sale would enable it to focus on its core activity of producing copper.

The London Metal Exchange aluminium price has on Friday morning touched $2,021.50 per tonne.

China, the biggest consumer of everything from copper to coal, has warned that the proliferation of tariffs could cause a global recession.

Thieves leap from trucks onto trains as they roll through Chile's Atacama Desert, before throwing 80-kilo slabs of copper to the ground and disappearing.

"In last few days the rupee and international prices are moving in favour of buyers. Jewellers are placing orders," said a Mumbai-based dealer.

Labor talks at Escondida are in the final stretch before a 30-month contract expires at the end of July.

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