Fortescue Metals Group - world's 4th largest iron ore producer, depicted fall in shipments in Q3 CY19 to 42.2 MnT. The shipments recorded a drop of 9% Q-o-Q as against 46.6 MnT in previous quarter. On yearly basis, shipment was marginally up compared to 40.2 MnT in same time frame last year.
News ID: 7090 Publish Date : 2019/10/24
The Iranian Persian Gulf Island of Kish will play host to the 6th edition of International Exhibition on Exchange, Banking, Insurance and Privatization and the 11th International Exhibition for Presenting Iran’s Investment Opportunities later this month.
News ID: 7083 Publish Date : 2019/11/02
A Russian aluminium plant, owned by Russian aluminium major Rusal, which was shut down as a result of U.S. sanctions would be converted into a bitcoin mining hub. The Nadvoitsy Aluminum Plant in Russia’s northern Karelia region closed its operations last summer after it lost access to American customers after the imposition of U.S. sanctions on Rusal and En+ Group in April 2018.
News ID: 7073 Publish Date : 2019/11/01
Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled its iron ore fines e-auction yesterday (21st Oct’19). Total quantity put under the auction was 276,000 MT iron ore fines. Entire offered quantity was booked registering sharp increase over set base price.
News ID: 7051 Publish Date : 2019/10/22
China is increasing thermal power output in its inland northwestern region while cutting back in some coastal provinces, in a trend that could raise domestic coal consumption relative to imports in the future.
News ID: 6958 Publish Date : 2019/10/24
Canadian mining firm Teck Resources produced 6.5mn t of coking coal in the third quarter, up by 2pc on the year, despite logistical constraints and material handling issues.
News ID: 6943 Publish Date : 2019/10/25
Major Iranian lead and zinc producers extracted 508,719 tons of ores during the first six months of the current Iranian year (March 21-Sept. 22), the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.
News ID: 6903 Publish Date : 2019/10/23
Diversified miner Freeport-McMoRan is expected to complete mining in the Grasberg open pit by the end of the year, while also ramping up production at its Deep Mine Level Zone (DMLZ) underground mine and Grasberg Block Cave (GBC) mine in Indonesia.
News ID: 6884 Publish Date : 2019/10/23
Atotal of 117,933 public complaints were filed against goods and service providers with the industries, mining and trade organizations of Iranian provinces during the first half of the current Iranian year (March 21-Sept. 22), 85% of which pertained to products and the rest to services.
News ID: 6841 Publish Date : 2019/10/21
UK-South African mining firm Anglo American increased its metallurgical coal production by 22pc on the year in the third quarter on higher wash plant throughput.
News ID: 6829 Publish Date : 2019/10/22
The National Iranian Copper Industries Company and its subsidiaries, including Sungun Complex, Miduk Complex and Sarcheshmeh Copper Complex, produced an aggregate of 589,669 tons of copper concentrate during the first six months of the current Iranian year (March 21-Sept. 22) to register a decline of 1% compared with last year’s similar period.
News ID: 6810 Publish Date : 2019/10/20
Ghana government is soon constructing two weigh bridges in the Bibiani-Anhwiaso-Bekwai Municipality and Ahanta West District respectively in order to accurately measure the quantity of bauxite and manganese being carried to the Takoradi Port for export. Ghana’s Minister of Lands and Natural Resources Mr Kwaku Asomah-Cheremeh recently inspected the construction work of both the weigh bridges.
News ID: 6743 Publish Date : 2019/10/18
Odisha govt. has today invited bids for grant of ten iron ore and manganese ore mining leases. In exercise of the powers conferred by Section 10 (B) of the Mines and Minerals (Development and Regulation) Act, 1957 and in accordance with the Mineral (Auction) Rules, 2015 as amended from time to time notified thereunder, the Government of Odisha has identified 10 mineral blocks (7 blocks of iron ore and 3 blocks of iron ore and manganese) for electronic auction.
News ID: 6702 Publish Date : 2019/10/04
Iran's industrial and mining sector experienced 18% growth in the first six months of the current Iranian year (started March 21) compared with the preceding year's corresponding period, says Industries, Mining and Trade Minister Reza Rahmani.
News ID: 6636 Publish Date : 2019/10/12
Australian privately owned coal mining firm QCoal has won control of the finances and future offtake arrangements for Australian coking coal firm Bounty Mining from US coal producer XCoal and its affiliate Amaroo.
News ID: 6585 Publish Date : 2019/10/09
India's eastern state of Odisha has put one of the country's largest iron ore blocks up for auction, as the state begins the process of finding new owners for several mining leases that will expire on 31 March next year.
News ID: 6584 Publish Date : 2019/10/09
The 8th edition of the International Exhibition of Investment Opportunities in Iran’s Mines and Mining Industries, known as Minex 2019, is underway in Tehran where investors from around the world can learn more about prospective benefits in a country which holds 7% of the world’s mineral reserves.
News ID: 6577 Publish Date : 2019/10/08
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.
News ID: 6337 Publish Date : 2019/09/05
Canadian bullion producer Eldorado Gold (TSX:ELD)(NYSE:EGO) said on Thursday that exploration carried out at its Quebec’s Lamaque mine so far this year revealed high grade mineralization beyond the 2018 resource model in the lower portion of the deposit, as well as more ore clusters.
News ID: 6336 Publish Date : 2019/09/05
Several BHP Group shareholders, including the Church of England pension fund, are recommending the company suspend its membership in industry groups that advocate for policies inconsistent with the Paris climate change agreement.
News ID: 6298 Publish Date : 2019/09/04
