Anglo American’s De Beers, the world’s No.1 diamond miner by value, will once again let buyers reject some of the precious stones at the company’s upcoming sale amid weak prices and miner s facing challenging times, especially those producing cheaper and smaller stones where there is too much supply.
News ID: 5936 Publish Date : 2019/08/15
Machines are taking over a giant Chilean copper mine, replacing about a third of the workforce as owner Codelco struggles to keep its title as the world’s largest producer of the metal.
News ID: 5934 Publish Date : 2019/08/15
Despite higher production, Lucara Diamond (TSE: LUC) saw lower revenue in its second quarter than the same period a year earlier, highlighting a difficult environment for diamond miner s.
News ID: 5869 Publish Date : 2019/08/12
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) hit a three-year low on Tuesday after it reported half-year results that fell short of market expectations.
News ID: 5632 Publish Date : 2019/07/31
The world’s biggest miner , BHP Group , on Wednesday said it planned to produce less thermal coal in the coming financial year and that it would wash it instead as part of a drive to raise the quality of the commodity.
News ID: 5290 Publish Date : 2019/07/18
BHP Group, the world’s biggest miner , on Wednesday flagged $1 billion in productivity losses for fiscal 2019 as unplanned outages and bad weather hurt its iron ore production.
News ID: 5265 Publish Date : 2019/07/17
World's second largest iron ore miner - Rio Tinto's Pilbara depicted fall of 3% in iron ore shipment to 85.4 MnT in Q2 CY19 as against 88.5 MnT in Q2 CY18. The drop is attributed to fall in Apr’19 shipment due to recovery works following tropical cyclone Veronica in Mar’19. However, the shipment recorded significant rise of 24% as compared Q1 CY19 shipment at 69.1 MnT.
News ID: 5252 Publish Date : 2019/07/17
Rio Tinto Group’s much-followed copper discovery in remote Western Australia could leapfrog a key U.S. project to be fast-tracked into production by the world’s No. 2 miner , according to a senior executive.
News ID: 5192 Publish Date : 2019/07/15
Global mined zinc production will continue to ramp up as strong zinc prices prompt miner s to bring idled capacity back online and invest in new projects, according to a new Fitch Solutions report.
News ID: 4999 Publish Date : 2019/07/02
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
Dispatches of Chrome Ore by Odisha miner s have increased by almost 8% in May’19 against Apr’19. TATA Steel remained the largest miner to dispatch 142,407MT of Chrome Ore in May’19 which is 37% high as compared to the previous month.
News ID: 4776 Publish Date : 2019/06/09
Rare earths miner Lynas Corp will be allowed to keep operating a processing plant in Malaysia, Prime Minister Mahathir Mohamad said on Thursday, ending months of uncertainty over the future of the Australian-based company's $800 million plant.
News ID: 4693 Publish Date : 2019/05/31
Desert Gold Ventures (TSXV: DAU) announced this week that the Malian government approved the renewal of its permit to operate the Djimbala project, located in southern Mali.
News ID: 4691 Publish Date : 2019/05/31
Canadian bullion producer IAMGOLD Corp. (TSX IMG), (NYSE: IAG) said it wasn’t aware of any material change that would account for a sharp price rise in its stock on Thursday and into early trading on Friday, following reports that the miner was exploring a possible sale of all or parts of its business.
News ID: 4583 Publish Date : 2019/05/19
Rungta Mines - India's largest private merchant miner has increased iron ore fines prices by INR 200/MT with effect from 20th April 2019.
News ID: 4409 Publish Date : 2019/05/04
Auditors to Australian rare earths miner Lynas Corp (ASX: LYC) warned of a material risk to its business, after the company revealed it would not be unable to comply with tough conditions imposed by the Malaysian government on its licence to operate in the country last year.
News ID: 3780 Publish Date : 2019/02/28
Shares in Canada’s Eldorado Gold (TSX:ELD)(NYSE:EGO) climbed on Friday after the miner said it is ready to grow its yearly output to more than 500,000 ounces next year, supported by the restart of its Kışladağ gold mine in Turkey, and the soon-to-be coming online Lamaque project in Canada.
News ID: 3731 Publish Date : 2019/02/24
In October, the U.S. Securities and Exchange Commission (SEC) adopted a final rule that overhauls its existing disclosure requirements for mining company issuers.
News ID: 3131 Publish Date : 2019/01/01