Copper price plummets despite union threat of 1-month Escondida strike

Having trouble viewing this email?  View online Mining News Digest Thursday 2 August 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Copper price plummets despite union threat of 1-month Escondida strike Workers at world's only 1 million tonne per year copper mine plan to exploit a provision in new Chilean labour laws. read » Half of the Asanko gold mine in Ghana now belongs to Gold Fields The mine is one of Ghana's newest gold operations and it is located in the country's Ashanti Region. read » Prof gets 3/4 million dollars to find new ways to process uranium A researcher at the University of Kansas wants to study the fundamental factors that limit how atoms make bonds to uranium. read » Killed Russian journalists said to have been working on story involving mining in CAR They were said to be investigating a private Russian security company operating in CAR as well as Russia's interests in the local diamond, gold and uranium sectors. read » Rio Tinto down despite $7.2bn cash return to investors Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts. read » Falling Chinese electric car production wrenches lithium price The world's automakers "don't worry about lithium supply anymore" – Simon Moores. read » Tahoe Resources posts quarterly loss on Guatemala mine dispute The Nevada-based company posted a second-quarter loss of $15.6 million, or 5 cents per share, compared to a profit of $33.5 million, or 11 cents per share, in the year-ago period. read » Canada's Kinross Gold puts Mauritania mine expansion on hold Kinross Gold Corp said on Wednesday it was "pausing" expansion work at its Tasiast gold mine in Mauritania after a government request for talks to improve the country's economic benefits from the miner's activities. read » Barrick Gold makes China investor push as markets slump Barrick Gold Corp will make a bigger push to attract institutional investors in China under a new deeper-ties pact with Shandong Gold, aimed at bolstering its shareholder base, executives told Reuters. read » Congo leader mulls possible successors in private meetings Democratic Republic of Congo President Joseph Kabila is meeting members of his ruling coalition to discuss who will be its candidate in presidential elections this year. read » Replenishing economic diamond resources, a daunting task for miners Given that most of the high-economic diamond deposits in the world have already been put into production, diluted via expansion, or depleted, going forward the economics of diamond mines will inevitably gravitate towards higher-cost, lower-value operations. read » Imperial testing driverless oilsands haulers at Kearl Imperial Oil says it has commenced and is ready to expand field testing of driverless oilsands heavy haulers. read » Randgold Resources' Mali mine granted four-year, 50% tax concession Mali's government has granted Randgold Resources a 50% corporate tax reduction for the next 4 years at its Gounkoto mine. read » EU regulators say Aurubis, Wieland copper deal may curb competition EU antitrust regulators on Wednesday voiced concerns about German Wieland's bid for copper smelter Aurubis' flat-rolled products business, saying the deal may hurt competition. read » LME to trial electronic closing prices for nickel next year The London Metal Exchange (LME) launched on Wednesday a consultation to trial in the first quarter of next year the use of its electronic system to determine closing prices of the three-month nickel contract instead of open outcry. read » Rare blue diamonds may be Earth's deepest secret The Hope Diamond, a rare blue diamond that is one of the world's most famous jewels, has had a complicated history, passing through the hands of monarchs and bankers and heiresses and thieves. The geological history of blue diamonds is even more complex. read » Canadian craft brewers scramble for aluminum cans Canadian microbreweries are facing a shortage of cans and higher costs, forcing some to cut beer production after the country imposed retaliatory import duties on U.S. aluminum imports in the busy summer season. 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. 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