Eight months and millions later, Anglo American restarts Minas Rio mine

Having trouble viewing this email?  View online Mining News Digest Saturday 22 December 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Eight months and millions later, Anglo American restarts Minas Rio mine The massive iron ore mine was expected to produce 16 million tonnes this year, but that will now generate just 3 million tonnes of the steelmaking material. read » Barrick Gold cuts jobs, director Munk to step down – Globe and Mail The laying off of nearly 95 employees comes as the Toronto-based company expects to complete its purchase of Randgold Resources on Jan. 1. read » Lucapa Diamond locks in Mothae mine funding The Australian diamond miner has secured 100 million rand (about $7m) in development funding for the Lesotho mine from South Africa's Industrial Development Corporation (IDC). read » ePower Metals buys Magenta cobalt project in Mexico Magenta hosts numerous high-grade cobalt/gold/silver/nickel vein and skarn style deposits. read » First Quantum Minerals to let 2,500 workers in Zambia go over tax hikes The Canadian miner miner said the job cuts will be implemented in phases during the first quarter of 2019, adding they'll be equally split between its Kansanshi and Sentinel mines. read » Indian billionaire's Australian mine plans face further delay Adani can start work on building the rail line to connect Carmichael to Queensland's freight network, but cannot start building the mine just yet. read » BMO Digs deeper in mining during a 'transition' year for bank "Our lending commitments to the metals and mining sector at BMO have doubled over the last five years, and a lot of that has really been in the last couple years." read » AMCU strike at Sibanye-Stillwater legal – South African court AMCU's strike is a protected strike and the AMCU members' constitutional right to strike remains protected. read » Indian court orders Vedanta to not reopen copper smelter for a month – petitioner The case was filed in the Madras high court by anti-Vedanta campaigner Fatima Babu, challenging a decision by the national green tribunal. read » Asia Gold – Higher prices and holiday season keep buyers at bay For the next few weeks demand will remain subdued. Overseas suppliers and even some jewellers will take a break for year-end celebrations. read » South Africa's Transnet hopes to re-open one closed coal export line on Saturday South Africa's Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tonnes of coal in 2017, and aims to export 77 million tonnes this year. read » Freeport Indonesia has new mining permit valid to 2031 The permit given to PT Freeport Indonesia is valid up to 2031, and could be extended another ten years. read » China aluminium firms to cut 800,000t of capacity in coming months – official Operating pressure on smelters is "reaching the extreme limit" even worse than in the fourth quarter of 2015. read » Tasman Mining to bring historic New Zealand mine back into production The Blackwater mine was once the most prolific mine in the Reefton Goldfield, producing 700,000 ounces of gold between 1908 and 1951. read » Worst Czech coal mine blast in decades kills 12 Poles, one Czech The accident is the worst mining disaster in the Czech Republic since 1990, when 30 miners died in a fire at a mine near Karvina in the same region. read » Supreme Metals pinpoints large near-surface magnetic anomaly in Labrador The company will continue to explore the anomaly as well as look for gabborites containing cobalt. 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.