mining

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India's domestic iron ore prices have increased sharply in January, as steel mills and pellet producers step up purchases amid expectations of supply disruptions from April. An increase in steel prices has also prompted mining companies to raise offer prices.
News ID: 8270    Publish Date : 2020/01/09

India has amended the federal mining law to allow for the seamless transfer of regulatory approvals to new owners of operational iron ore mines, as leases of 36 such mines are set to expire on 31 March and be auctioned off.
News ID: 8264    Publish Date : 2020/01/09

India's coal ministry has identified as many as 40 coal blocks with an estimated production capacity of 150mn t/yr for its maiden commercial coal mining auction to be held before the financial year ends in March.
News ID: 8258    Publish Date : 2020/01/09

In a recent interview with Orissa POST, Chhavi Nath Singh, CEO of Vedanta Limited, Jharsugda, called attention to Odisha’s mining potentials while speaking about the company’s role and vision for the state in 2020.
News ID: 8223    Publish Date : 2020/01/06

Tehran Province exported 546,000 tons of goods worth $587 million during the first half of the current Iranian year (March 21-Sept. 22, 2019), the deputy head of Tehran Industries, Mining and Trade Organization for commercial affairs and trade promotion said.
News ID: 8206    Publish Date : 2020/01/04

Semnan’s mines extract 10 million tons of gypsum every year, says the head of Industries, Mining and Trade Organization of the province.
News ID: 8169    Publish Date : 2019/12/30

Chinese producer Shanxi Coking Coal has maintained long-term contract prices for low-sulphur coking coal in 2020 after a spate of mine accidents resulted in production cuts that tightened supplies.
News ID: 8152    Publish Date : 2019/12/30

OMC Chrome Ore prices have been very volatile in H2 CY19. The scenario of Ferro Chrome in the global market mostly drives the Chrome Ore prices. However, the prices of Chrome ore have been taking an interesting turn after mid-August, when the supply disruptions in Odisha created havoc among the producers of Ferro Chrome as many went out of stock. Therefore, in September the prices rose by 25% M-o-M in line with a supply shortage of the Chrome Ore in the market.
News ID: 8143    Publish Date : 2019/12/26

The Indian state-owned aluminium giant Nalco is planning to re-evaluate its expansions plans, as per the words of Chairman and MD Sridhar Patra which came on 27th December’19. He upfront refused to provide details as the planning has to be placed before the board for further approval.
News ID: 8125    Publish Date : 2019/12/28

President Donald Trump's administration is setting course to rapidly implement changes to energy sector regulations and open new areas to drilling ahead of next year's presidential election.
News ID: 8102    Publish Date : 2019/12/26

Rocktree Consulting, a leading provider of marine dry-bulk cargo handling and delivery solutions, has reportedly finished the front-end engineering and design (FEED) of a new floating transhipment terminal for bauxite export from Australia’s Bauxite Hills Mine to China. The terminal is expected to boost Metro Mining’s bauxite export further to 6 million tonnes by 2021.
News ID: 8077    Publish Date : 2019/12/24

Major Iranian lead and zinc producers extracted a total of 664,176 tons of ores during the first eight months of the current Iranian year (March 21-Nov. 21) to register a decline of 18.52% compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.
News ID: 8055    Publish Date : 2019/12/21

The Indian Bureau of Mines (IBM), Ministry of Mines, Government of India approved the Mining Plan of NMDC to enhance the production of iron ore from Kumaraswamy Iron Ore Mines from present level of 7 million tonnes per annum to 10 million tonnes per annum for the years 2020-21 and 2021-22. The said notification was issued by the Regional Control of Mines, Indian Bureau of Mines, Bangalore.
News ID: 8017    Publish Date : 2019/12/18

Australia's Bounty Mining has halted production at its 1mn t/yr capacity Cook Colliery coking coal mine after struggling to increase output following a roof collapse at the mine in October.
News ID: 8006    Publish Date : 2019/12/18

According to Indian media report, the district administration of Koraput in Odisha, India would conduct an important public hearing on the proposed bauxite mining by Nalco in Pottangi block today.
News ID: 7988    Publish Date : 2019/12/17

India's plans to auction coal blocks for commercial mining are facing delays, mainly because of efforts to tighten the proposed pricing mechanism to lure international investors.
News ID: 7979    Publish Date : 2019/12/16

According to a recent report, Australian Bauxite Limited (ABx) announced today, on December 16, that it would lodge a mining lease application early next year and if approved, it would ship unrefined bauxite produced at Binjour bauxite project from the port of Bundaberg in bulk tonnages.
News ID: 7975    Publish Date : 2019/12/16

The Ghana Integrated Aluminium Development Corporation has assured that bauxite reserves in the Atewa Forest will not destruct the water bodies that source from the reserve. The three rivers, Birim, Densu and Ayensu provide drinking water to more than five million Ghanaians.
News ID: 7793    Publish Date : 2019/12/06

Iranian Minister of Industry, Mining and Trade Reza Rahmani announced that Tehran and Bishkek have decided to increase the value of their trade exchanges up to $500mln.
News ID: 7768    Publish Date : 2019/12/05

Odisha govt. had invited bids for grant of iron ore and manganese ore mining leases. The last date for submission of the bid for 1st phase was today in which 10 mines were put under hammer.
News ID: 7653    Publish Date : 2019/11/18

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