domingo, 7 de octubre de 2018

Canadian miner and First Nation work together on “new wonder material” project

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Mining News Digest
Monday 8 October 2018
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Zenyatta and the Constance Lake First Nations join forces.

The proposed a 147.2-hectare underground gold and silver mine is expected to produce 1,000 tonnes of ore per day.

The centuries-old diamond industry is getting shaken up by small producers and industry giants alike.

The decision to restart output at the mine comes despite plans by the government to hike mining taxes to bring down mounting public debt.

Albemarle requested an increase of 258,446 metric tons of Metallic Lithium Equivalent but the government says the information provided was not sufficient to justify the increase.

Africa's second-largest copper producer said late last month that it would introduce new mining duties and increase royalties to help bring down mounting debt.

Technical analyst Clive Maund looks at the factors that he sees are behind a massive credit crunch and discusses how the markets could react.

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