Technology company ABB announced the deployment of six ABB Gearless Mill Drives in Panama, resulting in the country’s first copper ore extraction. The process is taking place later this month at First Quantum Minerals’ (TSX:FM) Mina de Cobre.
News ID: 6979 Publish Date : 2019/10/26
Barrick Gold Corp. believes its Zambian copper mine is worth more than the $735 million carrying value listed in its latest annual report.
News ID: 6978 Publish Date : 2019/10/26
Newmont Goldcorp (NYSE: NEM, TSX: NGT) announced today that its board of directors unanimously approved advancing the Tanami expansion 2 project in northern Australia into the execution phase.
News ID: 6976 Publish Date : 2019/10/26
The world’s top diamond producer by output, Alrosa (MCX:ALRS), has unearthed a unique rough diamond weighing over 232 carats, the largest gem-quality specimen found in more than three years.
News ID: 6975 Publish Date : 2019/10/26
China is increasing thermal power output in its inland northwestern region while cutting back in some coastal provinces, in a trend that could raise domestic coal consumption relative to imports in the future.
News ID: 6958 Publish Date : 2019/10/24
Canadian mining firm Teck Resources produced 6.5mn t of coking coal in the third quarter, up by 2pc on the year, despite logistical constraints and material handling issues.
News ID: 6943 Publish Date : 2019/10/25
According to General Administration of Customs, China - the world's largest iron ore consumer and importer, recorded 19% increase in imports to 285.23 MnT in Q3 CY19 as against 239.7 MnT in Q2 CY19. The imports for the quarter picked up amid easing supplies from largest iron ore miners. Vale- announced resumption at its Brucutu mines and also resumed partial operation at its Vargem Grande Complex in Q3 CY19.
News ID: 6940 Publish Date : 2019/10/14
Odisha govt. has today (i.e 14th Oct 2019) invited bids for grant of ten more iron and manganese ore mining leases via Phase II. In this phase few key iron ore mining leases that are being auctioned include - Rungta's Jajang mine, Serajuddin Balda block, GS Mishra & Sons & BICO.
News ID: 6936 Publish Date : 2019/10/14
JSW Steel- India's second largest private steel maker total iron ore sourcing recorded at 1.33 MnT in Sep'19. The sourcing witnessed 21% drop M-o-M as against 1.69 MnT in Aug'19. On yearly basis, sourcing fell 42% in Sep'19 as against 2.29 MnT in Sep'18.
News ID: 6935 Publish Date : 2019/10/14
Private capital tracker Preqin in a third quarter update outlines “escalated investors’ concerns” for natural resource investment with “geopolitical pressure dictating much of the momentum” in the industry.
News ID: 6929 Publish Date : 2019/10/23
Polish Economic Attaché in Iran Thomas Purdue voiced his country’s preparedness to expand cooperation with Iran in trade fields.
News ID: 6844 Publish Date : 2019/10/22
UK-South African mining firm Anglo American increased its metallurgical coal production by 22pc on the year in the third quarter on higher wash plant throughput.
News ID: 6829 Publish Date : 2019/10/22
Vancouver-based Go Metals has identified several untested iron oxide-copper-gold targets at its 100% owned Monster property in the Dawson mining district.
News ID: 6768 Publish Date : 2019/10/09
A Canadian court has given the go-ahead for a pension fund’s proposed $3 billion securities class action against Barrick Gold (TSX:ABX) (NYSE:GOLD), the world’s second largest bullion miner, for alleged misrepresentations in its environmental disclosures about the stalled Pascua Lama gold-copper mine straddling the Chile-Argentina border.
News ID: 6763 Publish Date : 2019/10/11
China Minmetals Corp., Jiangxi Copper Co. and Zijin Mining Group Co. are among companies considering bids for Barrick Gold Corp.’s Zambian copper mine that could fetch about $1 billion, people with knowledge of the matter said.
News ID: 6762 Publish Date : 2019/10/11
Ivanhoe Mines’ (TSX: IVN) co-chairmen Robert Friedland and Yufeng “Miles” Sun issued a communiqué this week stating that recent increases in the price of palladium, nickel, rhodium and gold have resulted in the weighted price of the ‘basket’ of metals contained in the ore at the company’s Platreef project to rise to a new, multi-year high.
News ID: 6755 Publish Date : 2019/10/20
Ebola is infecting and killing people in a gold mining area of eastern Democratic Republic of Congo, and the “complex and dangerous” outbreak still constitutes an international emergency, the World Health Organization (WHO) said on Friday.
News ID: 6754 Publish Date : 2019/10/20
Ghana government is soon constructing two weigh bridges in the Bibiani-Anhwiaso-Bekwai Municipality and Ahanta West District respectively in order to accurately measure the quantity of bauxite and manganese being carried to the Takoradi Port for export. Ghana’s Minister of Lands and Natural Resources Mr Kwaku Asomah-Cheremeh recently inspected the construction work of both the weigh bridges.
News ID: 6743 Publish Date : 2019/10/18
African Finance Corp. will invest in countries disregarded by other companies as part of a plan to double its exposure to the mining industry, the firm’s head of investments said.
News ID: 6705 Publish Date : 2019/10/20
Odisha govt. has today invited bids for grant of ten iron ore and manganese ore mining leases. In exercise of the powers conferred by Section 10 (B) of the Mines and Minerals (Development and Regulation) Act, 1957 and in accordance with the Mineral (Auction) Rules, 2015 as amended from time to time notified thereunder, the Government of Odisha has identified 10 mineral blocks (7 blocks of iron ore and 3 blocks of iron ore and manganese) for electronic auction.
News ID: 6702 Publish Date : 2019/10/04
