jueves, 20 de septiembre de 2018

Metminco jumps into the battery metals wagon with nickel project buy

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Mining News Digest
Thursday 20 September 2018
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Until now, the Australian miner had been advancing exploration projects in Latin America focused mainly on gold, but with significant exposure to copper, molybdenum and zinc.

The asset, discovered in 2006, is expected to produce to 4.6 million ounces of gold over a 15 year mine life. That's 73,000 ounces more than what was indicated in the previous estimate.

The move also expands Kirkland's ownership of interest in the Urban Barry area of northwestern Quebec, which the company believes to be "highly prospective mining camp" in Canada.

Australian mineral sands developer Sheffield Resources said on Wednesday it will receive a $69 million loan from Australia's northern infrastructure fund to help develop its Thunderbird project.

VSMPO-Avisma, the world's largest titanium producer, and US planemaker Boeing have launched a new manufacturing unit in Russia.

Integrated mining development company rolls investment dice on its first major B.C. project.

Coal exports from Indonesia will be restrained this year, which could frustrate a plan by the government to ease a burgeoning trade deficit.

Subway expansion plans require 80 million tonnes of steel, a need which arises as Beijing looks to boost economy amid trade war with U.S.

Base metals under pressure from trade tensions.

For the first time in 17 years commercial participants in gold futures flipped their COMEX positioning to net long.

Gold stocks failed to breakout in the spring and then broke down to multi-year lows by September.

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