Cobalt 27 goes after lithium with royalty acquisition in Australia

Having trouble viewing this email?  View online Australia News Digest Friday 18 January 2019 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Cobalt 27 goes after lithium with royalty acquisition in Australia Cobalt 27 will put in about $9 million into a share of production at Mineral Resources and Jiangxi Ganfeng Lithium's Mount Marion lithium project in Western Australia. read » China's slowdown is miners single biggest fear this year — report Based on answers from 51 senior executives, lawyers White & Case say that trade tensions are the second largest challenge for the mining industry in 2019 and reveal what the underlying full-picture looks like. read » Newmont grabs Goldcorp in $10B deal that creates world's top gold miner Massive deal creates company that challenges rival Barrick as the world's largest gold producer. read » Gold miners to remain cautious in 2019: report The largest firms in the world are likely to remain committed to spending cuts. read » Ranger uranium mine closure to cost over $200m more than expected The clean-up is now predicted to cost A$808 million — A$296 million (about $213m) more than ERA's initial A$512-million estimate. read » Fire batters Rio Tinto's Cape Lambert iron ore export terminal The port is one of two terminals Rio Tinto uses to ship iron ore from Australia's Pilbara mining region. read » Kirkland Lake gold production hits record high The Canadian gold miner announced record gold for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations. read » Top 3 reasons to avoid running project cost estimates in-house There are real costs associated with conducting project cost estimates in-house. read » Blackwater founder launches fund to invest in electric car battery metals The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper. read » MINING.com top 10 most read in 2018 The attention of the mining industry has shifted. read » How to profit from low-grade gold mines Mining costs rose steadily through the 2000s which should have hurt a lot of gold miners. But it didn't. 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 » New software uses machine learning to refine loading and haulage processes The program was initially designed by a master's student at the University of Western Australia. read » Singapore's Alliance Minerals reframes lithium supply deal, seeks new customers Several new Australian lithium mines started production in the past year, with global demand expected to surge on take-up of electric vehicles. read » Lion One buys drill assets in Fiji The purchase would allow the North Vancouver miner to prepare for drilling at its 100%-owned Tuvatu gold project. read » Rio Tinto calls force majeure on some iron ore shipments after fire in Australia Rio Tinto is assessing the full impact of the damage and will do all it can to try and minimize disruption to our customers. read » Anglo American betting on South America to grow base metal assets Anglo American has obtained hundreds of permits to explore in the Brazilian states of Mato Grosso and Para. read » Tropical cyclone hits far North Australia near Rio Tinto mine Tropical Cyclone Penny slammed into the far north coast near Rio Tinto Group's Weipa bauxite mine, triggering warnings of flash flooding and damaging winds. read » Cobalt 27 to acquire ASX-listed Highlands Pacific The acquisition, valued at $96 million, will increase Cobalt 27's exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea. read » Rio Tinto says no job cuts in 2019 due to driverless train project The $940 million rail project, AutoHaul, is focused on driverless train movement to transport ore and has been in development since 2012. 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 » Australia's South32 Q2 metallurgical coal production nearly doubles Production of coking or metallurgical coal rose to about 1.6 million tonnes in the December quarter. read » Robots go to the "bottom": development forecasts for automated mining systems in 2019 It has always been difficult to bring miners to experiment in the production, which has been developing for centuries. read » Read more Australia news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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