martes, 8 de enero de 2019

New mineral found inside gemstones in Israel

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Mining News Digest
Tuesday 8 January 2019
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Mineral found in one of junior Shefa Yamim's gemstones has been recognized and approved as a new mineral by the International Mineralogical Association.

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.

The country's largest oil and gas producer by market cap also said it will specify the exact impact of Alberta's mandatory output caps when it issues its 2019 capital and production guidance on Feb. 5.

The company began an 800,000-metre drill program in 2015, and is currently focused on infill drilling at the main Windfall and Lynx deposits.

The share buyback program was announced last month at the same time Osisko said it had received proceeds of $159.4 million from Pretium Resources

Millennial expects to submit its environmental impact assessment to the Argentinian government during 2019's first quarter.

The 18-month remediation plan includes a new online system to monitor SQM's extraction rates of both brine and fresh water from beneath the salt flat.

 Even if a trade agreement is reached soon, analysts say it would be no panacea for China's economy, which is expected to continue decelerating in coming months.

"Sibanye can't absorb losses from its gold business for a protracted period"

"It's a bullish sign for gold"

Societe Miniere de Bisunzu (SMB), has given 30 days notice to end its contract with ITSCI, a responsible supply chain initiative, citing the scheme's rising costs.

Global demand for lithium is expected to quadruple by 2025.

According to the company, the copper-gold skarn mineralization at its Sombrero project has geological similarities to Glencore's Tintaya mine and MMG's Las Bambas mine.

Pancon revealed that its objective for the initial phase of Montcalm's program is to drill at least 4,500 metres to test a series of new conductor targets identified in 2018.

Nucor is benefiting from higher steel prices for domestic producers due to tariffs imposed on imports by the Trump administration last year.

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