Management shake-up at Glencore costs copper chief Mistakidis his job

Having trouble viewing this email?  View online Mining News Digest Tuesday 4 December 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Management shake-up at Glencore costs copper chief Mistakidis his job Company veteran and coal chief Peter Freyberg, has been appointed as the head of industrial mining assets, a newly created role. read » Trade truce lights fire under mining stocks Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday. read » Nautilus setting JV to secure support vessels for Solwara 1 project The support ship will be used at the company's Solwara 1 gold, copper and silver project, off the coast of Papua Guinea, set to be the world's first commercial deep-sea mine. read » Suncor Energy weighing impact of Alberta's mandatory oil production cuts for next year Canada's largest oil and gas producer by market capitalization said the exact impact will be unveiled when it issues its 2019 capital and production guidance. read » Update on Greyhound exploration in Nunavut The project is located 40 km north of Baker Lake, and 32 km south of Agnico's Meadowbank gold mine. read » Semafo reports third security incident in Burkina Faso Jihadist militants ramp up attacks against security forces. read » Drill success continues in Newfoundland for Marathon This year the company has added 844,000 ounces of gold in the measured and indicated category and 519,000 ounces of gold in the inferred to its total overall resource for Valentine Lake. read » Glasenberg says he'll stay for 3 to 5 years: Glencore Update "When I go I hope it'll be a 45-year-old who'll take over," Glasenberg said read » China copper premiums slump to 18-month low as demand wanes The premiums, paid on top of benchmark three-month London Metal Exchange (LME) prices, fell 10.7% from Friday's levels to $62.50 a tonne, the lowest since June 2017. read » ISS backs Detour Gold board proposals in Paulson proxy fight Detour is under pressure from two other investors, investment company Coast Capital Management L.P.and hedge fund Livermore Partners, to overhaul its board and consider a sale. read » Congo triples levy on cobalt with strategic-minerals decree Congo is Africa's top copper producer and mines more than 60 percent of the world's cobalt read » Trade war relief for metals, but bull-bear battle rages on: Andy Home The macro picture may have brightened just a little after the weekend meeting of the U.S. and Chinese presidents, but signs the global economy is losing momentum, do not bode well for metals demand. read » Congo state miner in production-sharing deal with Chinese firm Production sharing agreements align the interests of the two partners because the risk now weighs more on the investor than on Gecamines. read » Big lithium riches lure first-time miner to Bolivia's salt flat ACI Systems Alemania employs just 20 people and was created solely to focus on building a lithium mine in Bolivia. read » Fiore Gold reports additions to resource estimate of Pan mine The Toronto-based miner reported that the updated resource estimate has resulted in the addition of approximately 38,000 gold ounces in the Inferred category. read » Boreal completes drill campaign at Norway copper-gold project The campaign was carried out at the Burfjord project, located near Kåfjord, in northeastern Norway. read » MGX Minerals reports high grade gold discovery at Fran Gold Project, British Columbia MGX Minerals is a diversified Canadian resource and technology company with interests in global advanced material, energy and water assets. read » Monarques tables feasibility study for Wasamac The study concludes that the underground mine will produce an annual average of 142,000 oz. of gold over a life of 11 years. read » Sudan allows local private sector firms to export gold The measure is part of efforts to stem smuggling of gold, one of the country's main sources of foreign currency. 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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