mining

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Kuzbass-based coal mining firm Meltek targets an increase in output to 4.8mn t this year, up by 500,000t compared with 2019, on stronger output of high-margin coal grades, the company says. Most of the firm's production this year — 94pc, or 4.3mn t — is expected to be sent overseas, with the remainder sold domestically.
News ID: 8536    Publish Date : 2020/03/02

Coal production by India's state-controlled mining firm Coal India (CIL) is facing a first year-on-year decline in its fiscal year output in around two decades, despite the firm posting a steep recovery in production since December 2019.
News ID: 8532    Publish Date : 2020/03/02

UK-Australian mining firm Rio Tinto expects a challenging next six months as it battles supply chain disruptions from the coronavirus outbreak that could delay major projects, an inflationary cost environment and the aftermath of Cyclone Damien that hit Western Australia earlier this month.
News ID: 8503    Publish Date : 2020/02/26

India's coal ministry will seek approval soon from the country's federal cabinet to launch the first auction of coal blocks for commercial mining , with the aim of issuing tender documents in the 2019-2020 fiscal year ending on 31 March.
News ID: 8499    Publish Date : 2020/02/26

Iran has exported 8,500,000 tons of mineral products worth more than $1.4 billion to Iraq, Turkey and Afghanistan in an 8-month period.
News ID: 8489    Publish Date : 2020/02/26

Glasgow-based start-up Hypervine announced Monday the start of a project co-funded by the European Space Agency (ESA) to develop services using space-based data to improve efficiencies for extractive industries.
News ID: 8459    Publish Date : 2020/02/18

CIMIC Group subsidiary UGL has reportedly bagged contracts worth A$180 million to provide services for maintenance, shutdowns, and sustaining capital projects to its mining clients in Western Australia.
News ID: 8335    Publish Date : 2020/01/24

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

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