viernes, 25 de enero de 2019

Hundreds still missing following Vale's dam break in Brazil

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Mining News Digest
Saturday 26 January 2019
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Seven bodies had been recovered by Friday afternoon.

In Q2 2019, analysts expect investment levels across the European mining sector will be sluggish.

The Canadian miner won't be buying the Hautalampi cobalt, nickel, copper project in eastern Finland at this time due to financing issues.

German carmaker will invest 870 million euros ($985 million) by 2020 to develop e-vehicle components, including batteries and charging stations.

Only eight out of 115 workers voted in favor of a strike, much less than the overall worker majority required for a legal strike.

The company tested targets near the Meteor zone, where 2011 drilling cut 17.5 metres grading 88.35 grams silver, 1.11% lead and 3.39% zinc.

The miner said that significant amounts of saprolite-hosted gold mineralization was discovered.

The Vancouver-based miner is consolidating the Sascha – Marcelina project to make it 30,600 hectares big.

If Cold War Presidents from Harry Truman to Ronald Reagan knew that the nation's national defense rested on technologies coming from its former and current adversaries, they would surely be turning in their graves.

Chinese producers such as Ganfeng and General Lithium have new plants that have been commissioning since Q3'18 and are starting to hit their stride.

January is a typically strong month as demand tends to gather pace going into the Lunar New Year.

Analysts say they expect India to be a key market for global miners in 2019 as China's "war on pollution" will lead to lower demand from that country.

The contract will generate at least $586 million in royalties, income and social project investment during its lifetime.

"We don't believe that threatening one's partner is a constructive way to go about solving problems."

As early as next week, iron ore prices may start to reflect the impacts of Vale's dam bursting at Corrego de Feijao in Brumadinho.

Chinese e-commerce giant Alibaba Group Holding Ltd will continue to invest aggressively despite an uncertain business environment.

Students upload their videos to the MANS website and a panel of judges will pick the winners for the Best Junior High School Video, Best High School Video, Best Comedy, and Best 30-Second Commercial.

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