viernes, 19 de octubre de 2018

Freeport eyes majority stake in Solaris early stage Chile project

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Mining News Digest
Friday 19 October 2018
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The US miner has agreed to a deal that would give it up to 80% in Solaris' Ricardo property.

Mountain Province Diamonds is a 49% participant with De Beers in the Gahcho Kué diamond mine.

Criminal groups fight to gain control of gold mines.

Scotgold Resources has submitted the last application to secure planning permits for its Cononish project, near Tyndrum.

A bacterium is capable of producing solar fuels when fed with gold.

Waterton Global Resource Management has expressed its concerns to Hudbay Chairman Alan Hibben, telling him that it would reserve the right to do anything it deemed necessary to improve the company's performance, said sources.

A rebound in mining mergers and acquisitions is set to continue into 2019, as a dearth of exploration spending leaves the industry in need of fresh investment.

In the near term, coal remains to be the hot topic in India.

Anglo American unit De Beers is going after lucrative as it aims to expand its lab-grown diamond business beyond drilling and cutting.

Several major Russian companies are exploring ways to do deals abroad without using dollars.

China's switch from industrial-led to consumption-led growth seems to be showing up everywhere except the production numbers of iron-ore miners.

The company's gold output will be flat or a little lower than last year, Zijin Chairman Chen Jinghe told Reuters on the sidelines of a conference in Tianjin.

Total volume reached 252 million yuan ($36.3 million).

Canada's move to drop a 10 percent duty on U.S.-made aluminum cans is good news for Canadian beer makers battling a shortage of tall cans.

The activists expressed their complaints at the European Parliament.

Norway, the European Union and several other countries asked the World Trade Organization to set up a dispute resolution panel to address US tariffs.

Nucor posted a quarterly profit short of analysts' forecasts on Thursday and investor concerns that the U.S. steel market may be grappling with oversupply.

Employees can now access up to 10 days of paid extra leave, flexible work hours, financial aid and emergency
accommodation.

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