Iron ore prices are flying

Having trouble viewing this email?  View online Mining News Digest Thursday 31 January 2019 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver Iron ore prices are flying Vale production cuts could have "outsized" impact in shorter term with spot prices predicted to return to $100-plus per tonne in summer. read » Goldman says gold price will hit 6-year high in 2019 "Central bank buying alone gets it to $1,425" – Goldman Sachs head of commodity research Jeff Currie. read » US govt study sees electric car sales stuck in slow lane And that's all the way to 2050. read » UN calls for probe into Vale's tailings as waste heads to Brazilian river system Brazilian authorities and companies involved with river water management are trying to stop the torrent of mining waste from reaching the Sao Francisco river, a source of drinking water for communities in five of the country's 26 states. read » Near-record high vanadium prices boosts Bushveld Minerals 2018 results Repair work in the fourth quarter slightly impacted production, but that was more than offset by surging vanadium prices as demand for the metal grows. read » Danakali's potash project could be a game changer for Eritrea — UN UNDP says the Colluli potash project has the potential to significantly boost Eritrea's economy and advance the country's sustainable development agenda. read » Fortune Minerals commits to hire locally at Canada's first primary cobalt mine Company has signed a socio-economic agreement with the government of the Northwest Territories. read » Initial drilling at Gran Bestia boosts Lumina Gold's Cangrejos project Five holes previously drilled by Newmont Mining confirm the existence of a satellite deposit not included in the current NI 43-101. read » Vale postpones release of earnings report due to dam disaster Vale said it plans to release its fourth quarter earnings report on March 27 rather than Feb. 13 as originally planned. read » Anglo American lays off 180 workers at Chile copper mine The layoffs were necessary to combat rising costs at the mine, Anglo American said in a statement. read » Ivanhoe drills Kamoa-Kakula's best intersection to date The company is currently drilling close-spaced holes at the new discovery to better understand its controls and orientation. read » Oil town fights man camps in effort to boost local population We want more people living in this region and calling this home. read » Copper producer Aurubis names Roland Harings as new CEO Harings takes over at Aurubis on July 1, replacing current CEO Juergen Schachler. read » South African miners want restructuring of power firm Eskom "We need Eskom to be made into a much more efficient, cost-effective organisation" read » Last missing miner rescued from Polish mine after tremor Miner missing in Rudna mine is alive! read » ArcelorMittal's bid to buy stake in Bosnian iron ore mine rejected ArcelorMittal owns a steel plant in the central Bosnian town of Zenica where it processes iron ore from its mines in Prijedor in the north of the country. read » SNC's mystery problem has analysts pointing to Chile after rout SNC-Lavalin Group Inc. won't reveal the location of a "serious problem" in its mining business that fueled an epic share rout on Monday. read » Lithium and cobalt – what to look for in 2019 While lithium spot prices moved only one way in 2018, cobalt experienced more of a rollercoaster ride. read » In Maduro's Venezuela, even counting gold bars is a challenge The country's once vibrant exploration activity plummeted after Chavez came to power in 1999 and nationalized foreign companies' mining licenses and assets. read » Climbing nickel output to cast shadow on prices "Current price moves are a knee jerk reaction to the Vale news," said BMO Capital Markets analyst Kash Kamal. read » Cordoba Minerals dealing with fraudulent transactions at Colombian subsidiary The miner alleges breach of fiduciary obligations, abuse of trust, theft, and fraud. read » Canadian miner wants its uranium project in Niger solar-powered GoviEx Uranium is studying the possibility of powering its flagship Madaouela project in Niger using a renewable hybrid solar power solution. read » First Cobalt tests feedstock for refinery The company says the refinery successfully leached 98% of the metal from the cobalt hydroxide with head grades in excess of 20% cobalt. read » Australia's Fortescue's Q2 iron-ore shipments rise 5 pct New mid-grade products helped lift output amid worries of slowing Chinese growth. read » Fission Uranium advances PLS toward feasibility 28 geotechnical holes are to be drilled as part of the resource development phase of work. read » Osisko Metals releases more high-grade drill results from Pine Point Jeff Hussey, describes Pine Point as "unique among its peer group," because of the rarity of open-pit zinc assets. 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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