NMDC (Chhattisgarh) supplied total of 169 rakes (0.65 MnT) of iron ore in the month of Aug’19, down 24% against 222 rakes (0.85 MnT) a month before in Jul’19, according to railway movement data maintained with SteelMint. Amid heavy rains, miner 's iron ore production and dispatches were learned to have remained adversely impacted.
News ID: 6353 Publish Date : 2019/09/02
Billionaire Robert Friedland-backed High Power Exploration (HPX) has secured rights to develop a massive iron ore deposit in Guinea left undeveloped for years by its previous owners.
News ID: 6348 Publish Date : 2019/09/06
India's largest iron ore miner - National Mineral Development Corporation (NMDC) is going to conduct an e-auction of 8,000 MT lump ore, 8,000 MT ROM, 8,000 MT DRCLO and 16,000 MT iron ore fines.
News ID: 6195 Publish Date : 2019/08/27
Fortescue Metals Group - world's 4th largest iron ore producer has increased the sub-grade iron ore discount for SSF (super special fines) for Sep’19. SteelMint has learned from the market participants that FMG increased its discount for SSF low-grade fines for the month of Sep’19 to 11% from 6% in Aug’19.
News ID: 6158 Publish Date : 2019/08/25
The owner of the only US rare earths mine is going on a hiring spree as it looks to significantly boost production, part of a strategy to build out American refining capability after China raised tariffs on the miner als amid an escalating trade war.
News ID: 6141 Publish Date : 2019/08/24
Stornoway Diamond Corporation (TSX-SWY) has officially been put on notice this week, facing a delisting review from the Toronto Stock Exchange.
News ID: 6138 Publish Date : 2019/08/24
The Northern Miner is proud to offer its first academic scholarship as part of the Young Mining Professionals Toronto branch (YMP) scholarship program.
News ID: 6125 Publish Date : 2019/08/22
Chilean miner Antofagasta Plc. (LON: ANTO) said Thursday it was striving to offset the impact of lower copper prices, which have fallen 4% this year due to uncertainties brought by the US-China trade war.
News ID: 6121 Publish Date : 2019/08/22
The Philippines’ top exporter of high-grade nickel ore is expected to shut its mining operations soon as ore deposits at a project in the nation’s southernmost province of Tawi-Tawi are nearly depleted, a ministry official told Reuters.
News ID: 6027 Publish Date : 2019/08/18
Locked in a prolonged face-off with the central mines ministry over the relaxation of mining lease area limits, the Odisha government may still pursue on auctions of 21 iron ore blocks presently under the leasehold of merchant miner s.
News ID: 5964 Publish Date : 2019/08/16
Government geologist Gino Casassa steps down from the helicopter and looks around in dismay.
News ID: 5937 Publish Date : 2019/08/15
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