miércoles, 3 de octubre de 2018

South Africa’s mining industry growth hindered by precious metals performance — PwC

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Mining News Digest
Wednesday 3 October 2018
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Yet, capital expenditure for the sector recovered from the lowest levels in ten years to reflect a 19% increase.

The mine was the third largest zinc mine in the world prior to its closure in 2016.

Mine personnel are securing the area and working with state and federal authorities to investigate the situation.

White Gold's partners are Agnico Eagle Mines Limited (NYSE:AEM) and Kinross Gold Corp (NYSE:KGC).

The newly-elected coalition government is said to be ready to launch a three-month evaluation of Lynas' rare earths processing plant, which may end with authorities denying the company's operating license renewal in Sep. 2019.

Changes to an existing provincial law propose a new Special Mining Rate.

Rio Tinto and JV partner Dominion Diamond Mines have revealed three of the finest large rough diamonds from their Canadian diamond mine.

The crude oil and natural gas industries believe they have got their mojo back, with the overwhelming impression gained at two recent conferences that the future is indeed bullish.

Mexico's top steel industry association on Tuesday urged the country's government to resolve an ongoing tariff dispute with the Trump administration before a new trilateral trade deal is signed.

New world record introduced for the sale of electric cars.

Across the main auto markets, growth in electric vehicles is booming.

London Metal Exchange (LME) on-warrant aluminium stocks, metal not earmarked for delivery, are at their lowest since January 2006.

South Africa's National Union of Mineworkers (NUM) signs three-year wage deal with platinum producer Northam Platinum that secures wage hikes of more than double the inflation rate for its members.

Randgold becomes second major miner to announce departure from London.

The East African nation seeks to reassure potential investors that it isn't involved in "conflict minerals."

New Mining Charter seeks to reduce uncertainty and boost investment in the sector.

Gold and silver are finally getting the haven-demand boost that trade wars and Brexit couldn't provide.

Efforts to broaden the scope of the Kimberley Process, set to prevent the sale of so-called "blood diamonds", have been stymied for a decade by member states including China, Russia and a number of African nations.

Peru has the potential to overtake Chile to become the world's biggest copper producer, but it's being held back by a lack of infrastructure and a ten-fold increase in permitting in the last seven years

This is the story of thorium, the wünder-fuel that wasn't, but could be.

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