martes, 17 de julio de 2018

Wheaton buys all gold, some palladium from Sibanye US mines

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Mining News Digest
Tuesday 17 July 2018
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Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana.

Sorry, Sudbury.

Gemstone producer us is expanding its footprint in Mozambique by acquiring nine ruby assets from ASX-listed Mustang Resources and Regius Resources Group.

Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in May.

Labour action has brought gold production to a halt.

The case will undoubtedly frustrate attempts to bring criminal charges against them and drag out proceedings for months, if not years.

South Africa's mining industry is heading for the deadliest year since 2012 after six people died in an underground fire at Palabora Mining.

Moti said he'd be willing to sell as much as 25 percent to the right partner, but ruled out any prospect of an initial public offering.

Last year saw only small changes in global cobalt supply but some large projects are about to come on line.

The government will close the mine until an investigation is complete and it gets the conclusions of international experts.

High-grade iron ore may spike to $100 a metric ton as China intensifies a clampdown on pollution by restraining industrial activity.

Brazil has been one of the hardest hit countries since the natural resources boom ended.

McEwen Mining Inc.reports consolidated production for Q2 2018 of 36,959 gold ounces and 772,432 silver ounces, using a 75:1 gold to silver ratio.

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