Exports from world's second-largest copper mine to drop 85%

Having trouble viewing this email?  View online Asia News Digest Friday 11 January 2019 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Exports from world's second-largest copper mine to drop 85% Concentrate shipments from Indonesia's Grasberg mine, will drop because of a lag in output while operations shift from open pit to underground mining. read » New mineral found inside gemstones in Israel Mineral found in one of junior Shefa Yamim's gemstones has been recognized and approved as a new mineral by the International Mineralogical Association. 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 » New Year's resolutions for miners: SEC updates disclosure requirements Companies should start preparing for when the rules come into effect. read » MINING.com top 10 most read in 2018 The attention of the mining industry has shifted. read » Rio Tinto, Mongolia sign power deal for Oyu Tolgoi copper mine The Oyu Tolgoi project is central to Rio Tinto's push to diversify its portfolio away from iron ore. read » Jewellery giant Chow Tai Fook joins De Beers diamond blockchain program The Hong Kong-based company's involvement will further extend the platform's reach into the Asian diamond sector. read » Coal demand seen steady through 2023 thanks to India and China — IEA Coal consumption is on the rise and will remain roughly stable over the next five years, the International Energy Agency forecasts. read » Mitsubishi kisses thermal coal goodbye, sells Aussie mines Japan's biggest trading house is selling its 31.4% stake in Clermont coal mine to a 50-50 joint venture between Glencore and Sumitomo Corp, and its 10% stake in Ulan coal mine to Glencore. read » Palladium smashes another record with premium over platinum Shortages of the metal used in autocatalysts for gasoline-fueled vehicles sent its price to yet another all-time high. read » Gold-backed ETFs gained globally in 2018, even with North America outflows In December alone, gold-backed ETFs globally rose 3 percent, adding 76 tonnes worth $3.1 billion. read » At least 30 gold miners killed in tunnel collapse in northern Afghanistan Officials said the victims were villagers who were mining for gold illegally, rather than in a government project. read » Indian rescuers struggle to pump out water from flooded mine The mine became flooded after at least 15 miners went down the narrow pit on Dec. 13. read » S.Koreans seek Nippon Steel asset seizure in 'forced labour' case The application for the asset seizure, if approved by the court, could further strain South Korea's already frosty bilateral relations with Japan. read » Gold opens 2019 with fanfare as warning signs flash on growth Gold bullion advancing for a fifth straight day as equities posted fresh losses after the worst year since the financial crisis. read » Asia Gold-Safe haven lure fails to lift demand; Indian jewellers stock up Physical gold demand lacked vigour in most Asian hubs this week as limited safe haven interest failed to lift activity into the year end. 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 » Dalian coke futures end at 3-week low on demand concerns Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up. 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 » Read more Asia 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. 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 Asia News Digest". 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