martes, 16 de octubre de 2018

Vanadium price leaps to near-record high

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Mining News Digest
Tuesday 16 October 2018
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New rebar standards in China and spiking demand from green energy storage sector pushes vanadium up 550% in two years.

BHP has agreed to pay 45 pence per SolGold share.

The goal is to reduce reliance on batteries from Asia, particularly China and South Korea.

Overall project engineering at the 270,000 ounce-a-year Guyere gold project, which is already more than A$100 million over its original budget of A$507 million, is now 96 percent complete

The company also said it would reconfigure the mining methods used at Hail Creek, a process that will be phased in over the next 18 months.

Iron shipments fell about 5 percent, hurt by planned maintenance and safety pauses across all operations following a fatality.

Azerbaijan's leading gold mining firm said it produced 21,318 ounces of the metal in the last quarter, against 14,468 ounces in the same period of last year.

In gold we trust.

For a measure of how much last week's surge in gold prices may have caught the market by surprise, consider that hedge funds had just made their biggest-ever bearish wager on the metal days before.

Nebraska's biggest power source is routinely pushed aside to make room for more wind and solar energy.

Sanjiv Manchanda replaces Cliff Lawrenson as named CEO in overhaul.

Iron ore production at the S11D and Carajás projects grew nearly 20 percent to record 53.9 million tonnes, accounting for most of the increase.

No one will be taking alumina for granted any more.

 Kazatomprom to sell up to 25 pct stake on LSE, AIX whilst the sovereign wealth fund remains 75% owner.

Ask four Australians why the Great Barrier Reef is bleaching, and you'll hear four different answers.

Australia's chronic shortage of Greenfields mineral discoveries can only be overcome by changing the sector's exploration, financing and training models, according to a keynote speaker at a major international geoscience forum.

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