Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled an auction for sub-grade iron ore fines today (i.e. on 05th Aug'19). Total quantity put under the auction was 525,000 MT fines (Fe 58%) . Traders were restricted to take part in this auction.
News ID: 5825 Publish Date : 2019/08/07
Guinea Alumina Corporation (GAC) announced on August 4 that its first ship loaded with metallurgical-grade bauxite sailed from transhipment location near the company’s port in Kamsar to world markets. This marks the first bauxite ore exports from GAC and the beginning of commercial production for one of Guinea’s most important mining projects.
News ID: 5788 Publish Date : 2019/08/06
The Iranian government ratified a new set of regulations to allow cryptocurrency miners continue their business in Iran within a legalized framework which prevents unfair consumption of subsidized electricity and avoids offering state guarantees for the activity.
News ID: 5785 Publish Date : 2019/08/06
Atotal of 233,300 tons of paper were produced in Iran during the first quarter of the current year (March 21-June 21), registering a 1.8% decline compared with the same period of last year.
News ID: 5780 Publish Date : 2019/08/06
Iran is keen on providing special support to foreign investors willing to participate in the implementation of domestic mining and industrial sectors’ projects.
News ID: 5756 Publish Date : 2019/08/05
Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) said the country’s private sector has invested 11.3 trillion rials (about $269.04 million) in the mining sector since the last December, Mehr news agency reported on Monday.
News ID: 5752 Publish Date : 2019/08/05
In a bid to boost revenue from the country’s mining industry, President Ali Bongo has launched a new code that seeks to attract investors, Mining Minister Tony Ondo Mba told economic operators in the capital Libreville.
News ID: 5746 Publish Date : 2019/08/05
Barrick Gold (TSE: ABX) said on Friday the National Court of Papua New Guinea had ruled that the miner could continue to operate the Porgera gold mine, while the country’s government considers an application to extend the lease for the mine.
News ID: 5709 Publish Date : 2019/08/04
Industry, Mining and Trade Minister Reza Rahmani said that for allocation of facilities his ministry attaches priority to the projects that have high physical progress, IRNA reported.
News ID: 5680 Publish Date : 2019/08/02
Anglo American Plc said on Wednesday it would use only renewable sources to power its mine operations in Chile beginning in 2021, thanks to a deal the global miner signed with the Chilean subsidiary of Italian energy giant Enel.
News ID: 5672 Publish Date : 2019/08/02
Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than $2 billion in fresh writedowns related to two deadly dam bursts suffered by the company over a period of less than four years.
News ID: 5640 Publish Date : 2019/08/01
The Environmental Protection Agency is scrapping proposed restrictions on mining operations in Alaska’s Bristol Bay, dealing a victory to Northern Dynasty Minerals Ltd., which is hoping to tap a $100 billion copper-gold deposit in the region.
News ID: 5636 Publish Date : 2019/07/31
The gold price has now been camped out above $1,400 an ounce for a month, and silver has finally come alive above $16 per ounce, but legendary mining financier Eric Sprott had already kicked off a major junior investment spree when the metals were significantly cheaper than they are today.
News ID: 5634 Publish Date : 2019/07/31
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
Banks and credit institutions provided the industrial and mining sector with 300 trillion rials (about $7.14 billion) worth of loans in the first two months of the current Iranian year (March 21-May 21), registering a 41.5 percent rise year-on-year.
News ID: 5584 Publish Date : 2019/07/29
President of the Democratic Republic of the Congo, popularly known as DR Congo, Mr. Felix Tshisekedi has reportedly invited Engineers and Planners to start commercial bauxite mining in the area.
News ID: 5562 Publish Date : 2019/07/29
UK-South African mining firm Anglo American has approved the $266mn Aquila project that will extend the life of its Grasstree underground coking coal mine in Queensland, Australia by six years to 2028.
News ID: 5492 Publish Date : 2019/07/25
Vale- world's largest iron ore producer witnessed drop in iron ore and pellet production for second quarter CY19 as a consequence of dam failure in Jan'19 resulting in subsequent halt at numerous mines and tailing dams.
News ID: 5482 Publish Date : 2019/07/25
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) will put projects worth $4.5 billion into operation by the end of current Iranian calendar year (March 19, 2020), IRIB reported quoting the head of organization as announcing on Monday.
News ID: 5459 Publish Date : 2019/07/25
Chilean copper miner Antofagasta Plc (LON:ANTO) reported an almost 22% increase in copper output in the three months to June 30, thanks mostly to an expansion at its flagship Los Pelambres mine and better ore grades at Centinela, both in Chile.
News ID: 5453 Publish Date : 2019/07/24
