Surging US steel helps iron ore price to 9-month high

Having trouble viewing this email?  View online Mining News Digest Friday 26 October 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Surging US steel helps iron ore price to 9-month high Global steel production stays strong in September with Chinese furnaces blasting at near record pace and US output surging 9%. read » This Australia- based lithium-boron developer could become major US producer A PFS supports the development of a new Australian-backed US$599 million lithium and boron mining and processing operation in Nevada. read » Barrick could trade copper mines for gold ones to expand Tier 1 assets The combined miner plans to focus on Tier 1 assets, those producing at least 500,000 ounces of gold annually, with a mine life of more than 10 years and low costs. read » Lucapa secures $7m loan to boost Lesotho mine development First commercial diamonds from the company's 70%-owned Mothae mine expected in early November. read » Newmont profit falls, promotes COO to President Falling gold and copper prices hurt the miner's results for the three months to Sep. 30. read » B2Gold updates Fekola resource in Mali Less than a year after B2Gold declared commercial production at its 80%-owned Fekola mine, the gold producer has updated the mine's resource estimate. read » Vale expects jump in base metal performance in 2020 Brazil's Vale, the world's largest iron ore producer, is seeking out small high-return acquisitions that are related to the miner's current assets. read » Eurasian Resources Group forecasts a strong metals price recovery Following LME Week, Mr Benedikt Sobotka, CEO of Eurasian Resources Group (ERG), predicts a strong metals recovery ahead. read » Teck Resources adjusted earnings fall on low commodity prices Diversified Canadian miner Teck Resources Ltd reported a near 23 percent drop in third-quarter adjusted earnings on Thursday. read » Bolsonaro's anti-China rants have Beijing nervous about Brazil Bolsonaro has portrayed China, its largest trading partner, as a predator looking to dominate key sectors of its economy. read » Chalco Q3 profit rises 6.8 pct on lower operating costs The listed arm of Chinalco, China's biggest state-run aluminium producer, posted net income of 640.9 million yuan ($92.31 million) for July-September. read » Goldcorp 'miserable quarter' sends shares to 16-year low Operating results were hurt by lower output of all metals from the company's Peñasquito mine, while costs climbed. read » Western Uranium & Vanadium to re-open the Sunday Mine Complex The complex extends for 3,748 hectares and consists of five individual mines currently in Temporary Cessation. read » First Cobalt promotes its American 'blue gold' The Canadian miner released a video aimed at selling high the product of its flagship asset. read » ABB chief promises brighter future as share price slumps But many shareholders remain unconvinced, with its shares losing a quarter of their value so far this year. 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.