lunes, 10 de septiembre de 2018

Mining exploration spending in Australia jumps to 5-year high

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Mining News Digest
Tuesday 11 September 2018
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Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.

MINING.com interviewed the Minerals Council of Australia CEO.

The project was operated by Canada's Infinito Gold up to 2013.

Around 1,500 staff at three alumina refineries and two bauxite mines walked out on Aug. 8 over a new workplace agreement they say does not offer sufficient job security.

"Drones offer a cheaper and more effective way of monitoring infrastructure than traditional methods of sending workers to dangerous, remote terrain."

The country's crude exports reached a record of 3.59 million barrels a day.

Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.

Foreign purchases fell just 1.1 percent in August to the equivalent of 925,161 metric tons a day, compared with 935,806 the previous month.

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