lunes, 3 de diciembre de 2018

The lithium price bulls were right

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Mining News Digest
Monday 3 December 2018
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OK; half right.

Initially, workers linked to the Los Mineros Union planned to launch a protest action on December 1st, López Obrador's inauguration day.

On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year.

Australian scientists say that although the supernova explosion was violent it wasn't as turbulent and quick as previously thought.

Based on the improved outlook for Fosterville, the Toronto-based miner now anticipates that its full-year 2018 consolidated production will exceed the current target range of 655,000 – 670,000 ounces.

Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations.

It'll be an important week for iron ore, which has been badly beaten up in November.

The strike was the second in the past month to hit Sierra Rutile, one of Sierra Leone's largest companies, following a week-long stoppage in October that led Iluka to cut its output forecast.

The 36-month contract was approved by 53% of the union.

A new rule taking effect in 2020 aimed at reducing pollution by cutting the sulfur content of maritime fuel will make sulfur-heavy oil sands crude less desirable.

Excelsior will start construction activities at the Arizona Gunnison copper project before the end of the year.

Up to 900 jobs will be eliminated.

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