Lithium price plunge claims first victim

Having trouble viewing this email?  View online Mining News Digest Wednesday 5 September 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Lithium price plunge claims first victim Namibia's Desert Lion Energy ceases all operations as Chinese lithium prices plummet to three-year lows – down by half since the start of 2018. read » Copper price takes another beating Chinese manufacturing gauge drops to 14-month low. read » De Beers is selling diamonds for less and the industry isn't happy World's No.1 diamond miner will let buyers refuse some lower-quality stones, just as it gets ready to begin selling synthetic stones. read » Chaarat Gold ups Kyrgyz Republic project resource by 46 pct The Central Asia-focused explorer and developer said Tulkubash's measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold. read » Tahoe's Escobal mine licence to remain suspended — Guatemalan court Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people. read » Tesla's cobalt-light batteries seen providing cost advantage Batteries made by the U.S. manufacturer and its Japanese partner, Panasonic Corp., require less cobalt, the metal whose price has shot up. read » Alcoa braces for alumina strike vote in Western Australia A vote by striking workers at Alcoa's (AA.N) giant west Australian operations will close on Thursday, with the union anticipating a strong "no" vote. read » Neo Lithium lining up partner for $490m Argentine venture The project, which straddles salt flats and lakes across 135 square miles near the Chilean border, is billed as having high concentrations of lithium. read » Construction starts at biggest undeveloped copper deposit in Russia With total reserves of around 26.7 million tonnes of copper, Udokan is the largest undeveloped copper deposit in Russia and one of the biggest in the world. read » Some warehouse firms want LME to change delivery rules, lengthen queues Now, some warehouse firms are pushing the idea of replacing all rules with one that obliges warehouses to load out 1.5 percent of total stocks per day. read » South Africa's Sibanye launches $400 mln bond buyback Sibanye said in a statement that it would fund the tender offer from existing cash resources. read » China's aluminium capital Binzhou plans new 'high-end' projects The city of Binzhou is planning five new projects to support development of a high-end aluminium industry, according to a local government document. 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.