Glencore boss Ivan Glasenberg to retire in 3-5 years

Having trouble viewing this email?  View online Mining News Digest Wednesday 24 October 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Nutrien says SQM top shareholder seeking to block Tianqi deal for 'personal benefit' Nutrien's executive vice-president Michael Webb, described Julio Ponce, the Chilean miner's top shareholder and former chairman, as a "hypocrite" and urged him to "look beyond himself." read » CITIC goes after Palmer's Mineralogy over iron ore project claims Aussie mining tycoon Clive Palmer is being sued by China's largest conglomerate, CITIC, over his alleged "refusal" to co-operate in making more land available on a major iron ore project in Western Australia. read » Caterpillar plummets after flagging tariffs-triggered high material costs The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts' estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. read » De Beers diamond production falls 5 percent in third quarter The world's top diamond producer by value attributed the decline to planned volume reductions in Botswana and South Africa. read » Petra Diamonds revenue up as production, sales jump Revenue rose 22 percent in the quarter to $80.2 million from $65.8 million a year prior, despite diamond prices being 5 percent lower when compared to the same period of 2017. read » US Shale has a glaring problem To outward appearances, the U.S. oil and gas industry is in the midst of a decade-long boom, however, "America's fracking boom has been a world-class bust."  read » Barrick favors taking back control of Acacia Mining No final decision has been made, and it's also not clear whether all three of Acacia's Tanzanian gold mines will be brought back into Barrick. read » Dyson picks Singapore to build electric cars rivaling Tesla From vacuum cleaners to electric vehicles. read » Anglo will dig more platinum and diamonds than expected While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade. read » POSCO posts highest quarterly profit since 2011 on strong steel prices POSCO's revenue in Q3 rose 9.1% from a year earlier to 16.4 trillion won, beating the analysts' estimate of 16 trillion won. read » China's alumina exports in September surged to their highest level this year Figure is fivefold increase from August, up 3,400% y/y read » Sandvik Q3 profit narrowly beats forecast Order intake improved significantly across all business areas – Sandvik read » Iamgold to apply for mining concession at 'promising' project in Senegal Company said feasibility study for its Boto gold asset outlines an economically robust, low cost production project which will produce 140,000 ounces of gold annually on average over a 13-year lifespan. read » Greatland finds copper, silver and gold at Australia project's Scallywag target Precious metal minersaid the target represents "a high priority" for further exploration given its large size. read » Ford sees higher metal costs, hopes China and US can settle trade issues U.S. steel costs are higher than anywhere else in the world, they're certainly up year over year and they're up versus what we were expecting – Joe Hinrichs, Ford VP read » Congo sets deadline for plan on 11,000-megawatt hydro plant 'There have been tenders, lots of meetings, lots of promotional activities, but it's only today that we have for the first time a legal 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.