The Ministry of Industries, Mining and Trade's review of 12 minerals during the first five months of the current Iranian year (March 21-Aug. 22) shows eight witnessed year-on-year growth while the other 4 saw declines.
News ID: 6603 Publish Date : 2019/10/09
Australian privately owned coal mining firm QCoal has won control of the finances and future offtake arrangements for Australian coking coal firm Bounty Mining from US coal producer XCoal and its affiliate Amaroo.
News ID: 6585 Publish Date : 2019/10/09
India's eastern state of Odisha has put one of the country's largest iron ore blocks up for auction, as the state begins the process of finding new owners for several mining leases that will expire on 31 March next year.
News ID: 6584 Publish Date : 2019/10/09
The Chief Minister of Andhra Pradesh, India, YS Jagan Mohan Reddy, sanctioned an order to cancel bauxite mining in Visakhapatnam District. The order cancelled bauxite mining lease in 3,030 acres of land, in the forest areas of Visakhapatnam, awarded to Andhra Pradesh Mineral Development Corporation (APMDC) by the previous State Government.
News ID: 6529 Publish Date : 2019/09/23
Guinea has been facing a number of socio-political issues related to bauxite mining as the bauxite industry gets embroiled between the contradictory needs of economic development and environmental and land related concerns of the communities affected by bauxite mining.
News ID: 6527 Publish Date : 2019/10/04
Iran’s industrial and mineral exports have been $33.757 billion in last Iranian fiscal year (started March 21, 2018), growing by more than 19% compared to five years before, according to Planning and Budget Organization statistics.
News ID: 6522 Publish Date : 2019/10/05
Stricter environmental regulations and changing climate patterns resulting in the worst droughts in more than half a century have multiplied the mining industry’s challenges to secure water supplies, Moody’s Investors Service says in a new report.
News ID: 6497 Publish Date : 2019/10/05
Brazilian miner Vale SA on Wednesday said it expects to finish paying for most of the expenses related to the disaster at one of its facilities that killed at least 250 people by 2021.
News ID: 6493 Publish Date : 2019/10/05
Putting to rest all speculation on the future of auctions of iron ore and associated minerals in Odisha, the Central mines ministry has upped the maximum area limits on such resources to 58 square km.
News ID: 6470 Publish Date : 2019/09/20
Vale- World largest iron ore mine in a press release informs that it suspended works in one mining front of Brucutu mine, of São Gonçalo, State of Minas Gerais. Action taken against the company will not impact Brucutu mine's production.
News ID: 6464 Publish Date : 2019/09/13
Head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA)'s Mining Committee said Syria welcomes Iranian private sector’s investment and contribution to the country’s mining projects.
News ID: 6396 Publish Date : 2019/09/30
NMDC- India's largest iron ore producer registered 28% decline in production for the month of Aug'19 at 1.41 MnT as against 1.95 MnT a month ago. On yearly basis too, production fell by 4% as compared to 1.46 MnT in Aug’18. The production has witnessed a fall amid heavy rains & monsoons and prolonged closure at Donimalai mines. Out of the total production of 1.41 MnT in Aug, 0.79 MnT were from Chhattisgarh mines (down 32% M-o-M), while remaining 0.62 MnT (down 22%) stood from Karnataka mines.
News ID: 6386 Publish Date : 2019/09/05
Following decline in global iron ore fines price, Indian low grade iron ore fines export prices have also witnessed downturn. Odisha based manufacturer is heard to have concluded low grade iron ore (Fe 57%) fines deal for 50,000 MT. The material booked is for Sep loading and the deal is concluded at around USD 55/MT, CFR China. The freight charges from east coast to China is around USD 13-15/MT. However few indications for low grade fines export price were also heard at below USD 55/MT, CFR China.
News ID: 6376 Publish Date : 2019/08/31
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 30.11 MnT in Aug'19, down 12% as compared to July'19 exports at 34.27 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 15% as against 35.62 MnT in Aug'18. The data compiled is for 22 days.
News ID: 6360 Publish Date : 2019/09/03
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
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.
News ID: 6337 Publish Date : 2019/09/05
Canadian bullion producer Eldorado Gold (TSX:ELD)(NYSE:EGO) said on Thursday that exploration carried out at its Quebec’s Lamaque mine so far this year revealed high grade mineralization beyond the 2018 resource model in the lower portion of the deposit, as well as more ore clusters.
News ID: 6336 Publish Date : 2019/09/05
Mine water management is currently a hot topic. Demands are changing and dewatering processes and efficiencies must be improved.
News ID: 6307 Publish Date : 2019/09/05
As improvements to low-temperature alumina production continue by refiners in the People’s Republic of China, the country’s thirst for overseas bauxite increases. Such was the story told by Customs data released on Sunday that showed a 24.9 percent jump on the year in imported bauxite in the year’s first seven months.
News ID: 6306 Publish Date : 2019/09/05
Canada’s Teranga Gold has kicked off production at its Wahgnion gold mine, in Burkina Faso, ahead of schedule, TSX-listed Teranga Gold announced on Wednesday.
News ID: 6295 Publish Date : 2019/09/04
