World’s two top diamond miners join forces to test blockchain pilot

Having trouble viewing this email?  View online Mining News Digest Tuesday 30 October 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver World's two top diamond miners join forces to test blockchain pilot Alrosa has joined rival De Beers' Tracr industry blockchain traceability platform, aimed at clearing the supply chain of imposters and conflict diamonds. read » Osisko drills multiple high grade zones at Key Anacon The Key Anacon project includes two known Bathurst type volcanogenic massive sulphide deposits – Main and Titan. They occur in the same stratigraphic horizon that hosted both the Brunswick No.12 and No.6 zinc-lead deposits. read » Cantex drills spectacular base metal grades at North Rackla Say "North Rackla" and think of very good base metal grades. read » Canada injects C$5m into Goldcorp's Borden mine as prize for innovation Grant supports innovation to cut greenhouse emissions, which the gold miner will do by opening the first underground mine in Canada to replace all diesel mobile equipment with battery electric vehicles. read » Firestone hails strong start of second quarter despite slight recoveries fall The Africa-focused miner sold a 68-carats white diamond for just under $1 million, which became its third most valuable stone to date. read » Lynas jumps after winning temporary extension for Malaysia rare earth plant The Australian rare earths miner has been granted an extension to a temporary permit to store residue at its Malaysian site. read » China mulls stimulus as car sales drop in world's top market To counteract the slowdown, China's top economic planning body is proposing to halve the tax on car purchases to 5% read » Horizonte Minerals shares tank on lower nickel project profitability Horizonte plans to raise $443 million to begin construction on the mine in the middle of 2019, production slated for late 2021. read » China's Jiangxi Copper posts best quarterly profit in four years The Nanchang-based company earned net income of 767.3 million yuan ($110.31 million) in the three months to Sept. read » Zimbabwe lithium miner sees first production in Q2 next year The southern African nation is pushing the metal as a major draw for investors as it looks to attract capital to its mining sector following the ousting last year of former president Robert Mugabe after almost four decades in power. read » Lead, the bull market no-one wants to buy into Lead has all the hallmarks of a classic bull commodity story. read » Rio Tinto sees new-style partnerships as the future If a community or government wants a bigger share of the pie, they may need to be willing to take on more of the risk. read » Rio says Chinalco pact for $1B Simandou stake has lapsed Rio and Chinalco have decided to explore other options to realize value from the project. read » Zimbabwe gold producers warn currency shortage threatens output Zimbabwe's mining industry is facing "severe viability challenges" because of the shortage of hard currency read » India court asks regulator to decide on Tata, Adani power relief The plants haven't been running at full capacity after the court ruled last year that a change in regulations overseas couldn't be a ground for increasing power prices. read » Rockcliff Metals drills historic gold mine in Manitoba Rockcliff is testing the gold potential of the Laguna property in partnership with Kinross Gold. read » Enforcer Gold to buy Red Lake Property in Ontario The property that the Toronto-based miner wants to buy is called the McKenzie Gold property and it is located just northwest of Red Lake. read » Spend don't splurge, investors tell miners as M&A, capex surges Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013. read » Rare earths in the cross-hairs of new high-tech arms race As a general rule, the most successful man in life is the man who has the best information. 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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