China's $108 iron ore, Davis amasses $5bn, Conga on backburner, Gold at 5-week high

Having trouble viewing this email?  View online Mining News Digest Thursday 16 October 2014 Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium China's inland mills could be in market for 300mt seaborne iron ore New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives. read » MAYA-6060– Real Time Laser Analyzer Sponsor Digest Post It is now possible to know the chemical composition of a mineral raw material moving on a conveyor belt, in a falling stream, slurry pipeline, and open-pit mine right at the time material is running! A real opportunity to perform batch sorting of ore in beneficiation or provide a corrective addition of a chemical before it is too late for a process. MAYA analyzer involves no sampling, runs 24x7x365 under heavy industrial conditions without any environmental hazard. Applicability tested for coal, cement, copper, nickel, aluminum, rare earth, potassium, and other industrial material applications. Customers say they save over $1M a year by using MAYA. Industry-specific application details and more at www.laser-distance-spectrometry.com 100-YEAR CHART: Gold price vs Dow Jones shows metal still cheap Gold price hits 5-week high Wednesday as stocks drop but gold's gains could've been greater if not for strong dollar. read » H.C. Wainwright analyst Jeff Wright names three companies that could turn the gold trend upside down Fans of gold have been following Federal Reserve Board announcements for any sign of relief, but H.C. Wainwright & Co. Analyst Jeff Wright says change may be a long time coming. read » Batteries leave lithium hydroxide facing tight supply 2015 could see a battery surge as lithium hydroxide faces a shortage on strong global demand, says Benchmark read » Newmont's Conga mine could remain halted until 2018 The future of the proposed $5 billion Conga copper and gold project in Peru remains in limbo as its main opponent was recently re-elected governor of the region where the project is situated. read » BlackRock blames Ebola for London Mining mess And the rapid fall in the iron ore price, the Sierra Leone miner's dispute with Glencore and the slow rampup. But especially Ebola. read » Hytera gives mining industry complete, reliable communication, safe & efficient Sponsor Digest Post Safe and efficient mine operation requires precise coordination between miners and machines. A wireless mining communication network which transports data, voice and videos is very essential. Hytera offers a completely cost effective wireless communication solution combining both technologies for data and voice communications to tackle challenges of communications on the going. Click here to view more detail Prestigious book prize saves author from mining Australian winner of Booker Prize said the $80,000 award means he doesn't have to become a mine worker anymore. read » Switzerland's central bank calls to thwart gold vote The initiative seeks to force the SNB to keep at least 20% of its assets in the metal and repatriate gold reserves held abroad. read » Mick Davis has now almost $5 billion to build new mining empire The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector." read » INFOGRAPHIC: 10 ways the rich avoid the taxman Nobody likes taxes. However, when the super rich are stuck in forfeiting millions of dollars to taxes each year, they probably despise them even more than the average person. read » INFOGRAPHIC: The value of diamonds in real world vs in Minecraft The value of diamonds seems to have transcended our physical world and taken a privileged place in the universe of Minecraft, an increasingly popular Lego style adventure game. read » No time to attend courses in person? Live Webcasts are your convenient alternative! Sponsor Digest Post Maintain your Continuing Professional Development (CPD) hours, learn something new or catch up on the latest developments – simply attend from wherever you are: at the mine site, your home / office or anywhere with an Internet connection. Check out these upcoming topics: Fundamentals of Mine Water Management Geosynthetics in Mining - Practice and Developments Heap Leach Facility Design, Construction, Operation, and Closure Mining 101.                                                                   For more topics click here. Is this the discount sale investors have been waiting for? October has provided the usual bouts of anxiety that have characterized the month in past years. I warned that we could see volatility and so far, this has been the case. read » Featured Mining Investment Opportunity view more » Read more news on MINING.com » Home     Gold     Coal     Copper     Iron Ore     Oil Sands     Rare Earth     Silver     Uranium 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 | cem@infomine.com. Please visit cem.infomine.com for more information. 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