Unloved gold sector regains shine with mergers, price spike

Having trouble viewing this email?  View online Mining News Digest Friday 12 October 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Unloved gold sector regains shine with mergers, price spike Darren Blasutti, President and CEO of Americas Silver says interest in the sector is picking up and that his company's recently announced acquisition of Pershing Gold is a good example of that. read » A big graphene industry breakthrough out of Arizona Arizona based Urbix Resources has produced the first economically viable graphene-enhanced lightweight concrete. read » Canadian space mining developer inks deal with US-based Moon Express The companies will focus on mining exploration on the lunar surface and expect to pre-test later stage activities, such as excavation and infrastructure buildup. read » Leagold closing Brazil mine for two months due to drought The company's recently-acquired Riacho dos Machados (RDM) mine will be closed for about two months. read » Court says Colombia votes cannot block mining, oil projects A wave of environmentally focused anti-mining referendums over the past 18 months have worried investors. read » Chilean court suspends sale to Tianqi of stake in lithium miner SQM The Constitutional Court said it would hear arguments in the case on Oct. 22. read » Canada pessimistic about quick end to US metals tariffs The US imposed the tariffs on Canada and Mexico in June. Although Canada and Mexico agreed a renewed continental trade deal last week, the measures remain. read » Trafigura-backed copper miner Atalaya Mining seeks buyer Atalaya Mining produced 166,000 tonnes of copper concentrate in 2017 and has a market capitalization of 327 million pounds ($433 million). read » Lithium producer Livent falls 3.6 pct in market debut The company's IPO of 20 million shares was priced at $17 per share on Wednesday, below its target range of $18 to $20 per share. The IPO raised $340 million. read » Gold gets ignored as global equity rout fails to fire up havens Trump says the Federal Reserve's gone 'loco' and the trade war's heating up, yet traditional havens in times of trouble like gold are not getting any love. read » Australia's Fortescue announces $353m share buyback program The program will begin after the iron ore miner releases its quarterly report on Oct. 25 and will remain in place for a period of up to 12 months. read » Australian tungsten producer Wolf Minerals says its British unit has stopped trading Wolf Minerals said on Thursday that it could not meet its short-term working capital needs after failing to reach a deal with its financial backers. read » Evicted Kenyans demand compensation after mining firm exits The East African nation's deposits are often in remote regions where the country's poorest live, but experts say few have reaped the rewards from mining. read » Barrick maintains forecasts ahead of Randgold vote Shareholders of Barrick and Randgold will vote on Nov. 5 on an all-stock transaction that will create a company with operations in Africa, Australia, North and South America, Saudi Arabia and Papua New Guinea. read » Mining in the Mekong: Myanmar to outperform, Thailand to underperform – report Myanmar is expected to lead in the Mekong region for mining industry growth, driven by the high production growth of tin, lead and coal. read » SQM controlling shareholder moves to block stake sale to China's Tianqi The controlling shareholder in Chilean lithium producer SQM on Wednesday filed suit with Chile's Constitutional Court. read » SGX to launch new high-grade iron ore derivative SGX today announced plans to meet the needs of the industry as the physical market evolves along different grade specifications. read » Canadian Mining Hall of Fame to induct five mining greats in 2019 On January 10, 2019, the Canadian Mining Hall of Fame (CMHF) will welcome five individuals who have made lasting contributions to Canada's mining industry. 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. 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