Australia

Tags - Australia
Fortescue Metals Group - world's 4th largest iron ore producer has reduced the sub-grade iron ore discount for SSF (super special fines) for Jul’19. SteelMint has learned from the market participants that FMG lowered its discount stable for SSF low-grade fines for the month of Jul’19 to 7% from 11% in Jun’19.
News ID: 4956    Publish Date : 2019/07/01

Australia ’s OceanaGold (ASX, TSX: OGC) said Friday that rumours about a halt of operations at its copper-gold mine in the Philippines were just speculation.
News ID: 4928    Publish Date : 2019/06/29

World’s largest miner BHP (ASX:BHP) has settled a A$250 million ($175m) dispute over allegedly underpaid royalties on iron ore shipments sold through its Singapore marketing hub with the state of Western Australia .
News ID: 4923    Publish Date : 2019/06/28

Australia ’s Lynas Corp (ASX: LYC) has signed a 10-year loan extension on easier terms with its powerful Japanese backers, which means the Asian nation now has a larger and lengthier hold on the company’s rare earths output amid China’s threats to use its market supply dominance as a weapon in the trade war with the United States.
News ID: 4916    Publish Date : 2019/06/27

The gold rally gained momentum on Monday as retail and institutional investors pile into the precious metal market.
News ID: 4911    Publish Date : 2019/06/25

Adani Group has kicked off construction at its controversial Carmichael coal and rail project in Australia ’s Galilee Basin after receiving last week approval from the Queensland government to break ground.
News ID: 4879    Publish Date : 2019/06/23

JSW Steel - India's largest steel maker recorded total iron ore sourcing at 1.73 MnT in May'19. The sourcing witnessed 36% drop M-o-M as against 2.71 MnT in Apr'19. On yearly basis, sourcing fell 42% in May'19 as against 2.98 MnT in May'18.
News ID: 4873    Publish Date : 2019/06/23

Australia - world's largest iron ore exporter has recorded rise in iron ore shipment for May'19, according to the vessel line up data maintained with SteelMint. Australia 's iron ore export shipments recorded at 76.97 MnT in May'19, up 11% as compared to 69.22 MnT in Apr'19. On yearly basis, Australia iron ore exports dropped slightly as against 78.20 MnT in May'18.
News ID: 4854    Publish Date : 2019/06/20

A type of fungi that looks like a thread could offer clues for finding new gold deposits.
News ID: 4736    Publish Date : 2019/06/03

Shares in Ecuador-focused SolGold (LON, TSX:SOLG) took a hit on Thursday, following media reports of a potential referendum on mining in Imbabura, the province in which its flagship Cascabel copper-gold project is located.
News ID: 4689    Publish Date : 2019/05/31

Australia ’s Danakali’s (ASX, LON:DNK) said Monday it was about to close debt financing agreements worth $200 million with two African financial institutions, which will allow it fund construction and growth of its flagship Colluli potash project in Eritrea.
News ID: 4649    Publish Date : 2019/05/27

Following the development of a process to generate lithium phosphate from waste materials, Lithium Australia (ASX: LIT) announced this week that its experts have now developed a technique for removing impurities from the lithium phosphate resulting in an exceptionally high-purity refined product.
News ID: 4607    Publish Date : 2019/05/21

Rare earths miner Lynas Corp (ASX: LYC) said Tuesday it intended to relocate its contentious processing plant from Malaysia to one of two preferred sites in Western Australia , where its Mt Weld mine is located.
News ID: 4604    Publish Date : 2019/05/21

Canada is giving the country’s mining association more than C$325,000 ($242K) to develop a program that would give miners the tools and knowledge needed to better plan for climate change in decision-making at all stages of an operation’s life.
News ID: 4581    Publish Date : 2019/05/19

Vietnam, one of the leading ferrous scrap importers in East Asia has witnessed record high imports in Apr'19 on sharp growth in imports recorded from US & Australia .
News ID: 4555    Publish Date : 2019/05/17

Fortescue Metals Group - world's 4th largest iron ore producer, depicted fall in quarterly shipments in Q1 CY19 at 38.3 MnT, down 10% as against last quarter at 42.5 MnT.
News ID: 4395    Publish Date : 2019/05/02

Australia 's Federal Minister for Industry, Science and Technology, Karen Andrews, announced the approval of a Future Battery Industries Cooperative Research Centre (CRC) at Curtin University in Perth. Andrews also said her office will commit A$25 million in funding.
News ID: 4341    Publish Date : 2019/04/12

Asia's mining sector continues to hold the greatest rewards globally, with positive business environments, rich mineral deposits, supportive infrastructure and political stability in countries holding the top positions in Fitch Solutions' Asia Mining Risk/Reward Index.
News ID: 4333    Publish Date : 2019/04/12

As per SteelMint analysis, amidst the disruption and additions by global iron ore producers and exporters, the iron ore market for the year is expected to witness a shift against market demand and supply in CY18.
News ID: 4308    Publish Date : 2019/04/11

Australia n rare earths miner Lynas Corp (ASX: LYC) is considering initial ore processing in the home country, where its Mount Weld mine is located, as Malaysia has stepped up pressure on the company to fulfill new, tougher requirements to have its processing licence renewed.
News ID: 4257    Publish Date : 2019/04/08

Most Like