SolGold wants to tighten grip on Ecuador project, buy out minority shareholder

Having trouble viewing this email?  View online Mining News Digest Friday 1 February 2019 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver SolGold wants to tighten grip on Ecuador project, buy out minority shareholder Miner has unveiled plans to make an all-share offer for Cornerstone Capital Resources, a Canadian firm that has a 15% interest in SolGold's coveted Cascabel copper-gold project. read » Central bank gold buying surges to 50-year high Russia, Turkey and Kazakhstan remained key buyers throughout the year. read » Brazilian prosecutors freeze over $219m of Vale's assets Funds expected to be used as compensation for the victims of last week's tailing burst, which killed at least 99 people. read » First Vanadium grows Nevada project with land buy The move gives the company mineral rights to an additional 200-metre strike length at Carlin, considered the largest vanadium deposit in North America. read » Eldorado Gold scraps mill at Turkish mine, resumes mining and heap leaching Eldorado's shares jumped 12% in pre-market trading in New York on Thursday on the news. read » Moody's weighs in on Vale dam disaster The financial penalties related to the dam collapse may prove even larger than those for Samarco. read » EY appoints new global mining and metals leader Paul D. Mitchell has been named the new EY global sector leader for mining and metals. read » All the macro factors in place for a big gold run Bad economic times ahead means good news for gold and gold stocks. read » Dam collapse – chronicle of disaster foretold: Balance of power Vale dam collapse highlights a mix of failed government oversight and laws that favor mining interests over public safety. read » Miners BHP, Rio urge permanent voice for First Nations in Australia's parliament "A First Nations' voice to parliament is a meaningful step towards reconciliation," BHP Chief Executive Officer Andrew Mackenzie said. read » Fortescue says Vale impact uncertain, sees demand for mid-grade iron ore The loss of about 40 million tonnes of annual supply is expected to boost demand for Australian ore. read » Botswana's first private coal mine to produce saleable coal in March Our target market is the southern African region at 1.2 million tons per annum, using a combination of road and rail transport. read » Glencore nears $500m deal to buy iron ore from Brazil's CSN – sources CSN is aiming to reduce debts that piled up after an iron ore and steel price rout in 2015-2016 and a severe recession in Brazil, prompting investors to demand asset sales. read » Candente recovers gold from tailings in Mexico while helping promote tourism In the El Oro District of central Mexico, a tailings agreement is linked to a tourism agreement. read » Business Barometer: Natural resource confidence in Canada falls at start of 2019 "We're seeing an uptick in confidence levels, but they are still well below what you would expect to see in a healthy, growing economy"-Ted Mallett, Canadian Federation of Independent Business VP read » China's Chalco shuts Shandong aluminium plant amid rising power costs Chalco is discussing "transformation, upgrading and development," with other shareholders of Shandong Huayu. read » Japan steel federation chief sees higher domestic output in 2019 The nation's crude steel output slipped 0.3 percent to a nine-year low in 2018, as a string of natural disasters and glitches at steel plants led to slower production. read » Japan's Idemitsu, Kyushu Elec, Tokyo Gas scrap coal-fired power plant plan Kyushu Electric and Tokyo Gas said instead they will consider building a gas-fired power plant, using liquefied natural gas (LNG), at the same site owned by Idemitsu. 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. 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 Mining News Digest". You mayunsubscribe at any time. The information contained in “Mining News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Mining News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.