viernes, 10 de agosto de 2018

Barrick ‘was almost dead’: Thornton pulls no punches on gold miner’s missteps

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Mining News Digest
Saturday 11 August 2018
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Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that's not tier 1 or deemed to be "strategic."

he $4.9 billion-investment is part of Codelco's 10-year, $39 billion overhaul of its core mines.

On a year-over-year basis, natural resources employment is little changed.

Miner is based in Perth.

Fitch Solutions Macro Research states that bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India's production ramps up, and existing projects in Guinea drive growth.

Miners are acquiring different projects in the Moosehead Gold District.

Four of the five labor unions representing workers at the El Teniente copper mine in Chile have accepted the latest contract offer from state mining company Codelco.

Peruvian President Martin Vizcarra says his government will likely pass laws within six months needed to tap a new lithium and uranium deposit, removing a major hurdle for Canadian miner Plateau Energy Metals' proposed $800 million mine.

Trump's move sendsReut Turkey's lira currency deeper into tailspin

A Canadian mining company can seize the shares of the owner of Citgo Petroleum Corp. to satisfy a $1.2 billion arbitration award over a Venezuelan gold mine.

The company is up 18.5% today to $12.04 a share.

SAO PAULO, Aug 10 (Reuters) – An explosion tore through Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA's largest plant on Friday, injuring 30 people and shaking the nearby town of Ipatinga, according to the […]

Russian President Vladimir Putin agrees that a proposal to prop up the budget by raising more revenue from metals and mining companies should be discussed, but has not made any decision.

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