MINING.COM

Turkey tariffs hike on US goods threatens country’s coal imports — WoodMac

Wood Mackenzie predicts that, in the short term, demand for coal will fall due to its higher prices. In the longer term, the new tariffs will slow Turkish economic growth and with that, further weaken the demand for coal.

Cecilia Jamasmie | August 17, 2018 | 7:17 am

China’s CATL to start producing next-gen low-cobalt batteries in 2019 — source

China's largest lithium battery maker will produce nickel-rich batteries, which are cheaper to make and have longer life-spans than cobalt-based ones.

Reuters | August 17, 2018 | 4:38 am

JX Nippon Mining, Mitsui dodge strike at Chile’s Caserones mine

Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.

Cecilia Jamasmie | August 17, 2018 | 3:52 am

Copper producer KGHM’s profit halves in second quarter

KGHM said that second quarter net profit fell to 171 million zlotys ($45 million) and missed analysts forecasts of 361 million zlotys.

Reuters | August 16, 2018 | 3:01 pm

Mexican-focused junior pops on PEA results

Minera Alamos files PEA for its La Fortuna gold project with after-tax IRR of 93%.

Michael McCrae | August 16, 2018 | 11:35 am

Dorado: Australia’s biggest oil discovery this century

The Dorado-1 well was expected to find 545 bcf of gas but resulted in something much more valuable, a large commercial oil find.

Wood Mackenzie | August 16, 2018 | 11:21 am

Abuse of power: Debunking the Trump administration’s national security argument for coal

Recently, administration officials have selectively targeted natural gas and renewable energy generation resources, falsely claiming they pose greater risks.

Center for American Progress | August 16, 2018 | 11:11 am

Gold Fields boss says not resigning after S.Africa minister’s rebuke

Gold Fields said this week it planned to cut 1,100 permanent jobs at the company's last South African asset, South Deep, sending its shares plummeting.

Reuters | August 16, 2018 | 10:50 am