India's iron ore exports in 2018 fell by 37pc from a year earlier as mining was suspended in the country's largest iron ore producing state of Goa.
News ID: 3795 Publish Date : 2019/03/01
Canada's mining sector is going through dramatic change, but the industry remains bullish on growth, KPMG International's latest Global Mining Risk Report finds.
News ID: 3789 Publish Date : 2019/03/01
European scientists have announced plans to start mining the moon as early as 2025, though what they’ll be extracting is neither gold nor diamonds, but waste-free nuclear energy thought to be worth trillions of dollars.
News ID: 3787 Publish Date : 2019/03/01
On the one year anniversary of the signing of the Peru-Australia Free Trade Agreement or PAFTA, the Minerals Council of Australia issued a statement saying that the ratification of the deal is expected to deliver major investment and job opportunities for Australia’s mining industry.
News ID: 3784 Publish Date : 2019/02/28
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that are merger of the companies is the best, or the worst, option for them.
News ID: 3781 Publish Date : 2019/02/28
Mining giant Vale (NYSE: VALE) took a hit on Wednesday when Moody's Investor Service downgraded its debt to junk.
News ID: 3779 Publish Date : 2019/02/28
De Beers Group has decided to merge its mining assets in Canada and South Africa under the name De Beers Group Managed Operations. The change is expected to create a more sustainable business and to streamline operations in both countries.
News ID: 3754 Publish Date : 2019/02/26
Iran exported some $7.48 billion of mining products in the first ten-month of the current local calendar year (started on March 21, 2018), said Customs Administration of the country (CAI), adding that the revenues of the sector make up 21% of the national exports.
News ID: 3721 Publish Date : 2019/02/24
Brazil's mining agency (ANM) has ordered Vale (NYSE:VALE) to suspend operations at its Fabrica and Vargem Grande complexes, as part of an ongoing crack down following last month's deadly dam break at the iron producer’s Corrego do Feijão mine.
News ID: 3692 Publish Date : 2019/02/21
The new President and CEO of Barrick Gold (NYSE:GOLD)(TSX:ABX), Mark Bristow, said the company wants to strengthen its partnership with the government and local communities of Papua New Guinea where the Porgera gold deposit is located.
News ID: 3678 Publish Date : 2019/02/20
About 700 people were evacuated on Friday from two different towns in the Brazilian state of Minas Gerais where a dam collapse last month killed at least 157 people, with nearly 200 still missing and feared dead.
News ID: 3595 Publish Date : 2019/02/08
2019 could go down in history as the year mining companies stopped anchoring their strategic planning around producing the highest volumes of ore at the lowest possible cost, and understood that focusing on the composition of their portfolios to offer a unique investment opportunity was the key to success, a study published Tuesday shows.
News ID: 3468 Publish Date : 2019/01/29
Private capital tracker Preqin says in an update that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.
News ID: 3323 Publish Date : 2019/01/19
Cost estimating is a niche practice in any industry; however the mining business brings unique challenges. Cost estimating must be considered at nearly every stage of a project’s development to inform investors and to de-risk decisions.
News ID: 3163 Publish Date : 2019/01/05
Globally, there were 1,349 announced mining deals valued at $86.3 billion through December 18 this year, up 60% from the 2017 total, according to data compiled by Bloomberg.
News ID: 3072 Publish Date : 2018/12/25
Seequent, a developer of visual data science software and IMDEX, specializing in subsurface intelligence solutions, today announced an partnership to deliver a real-time 3D visualisation solution for the mining and exploration industry, aimed to improve the speed and accuracy of decision-making for drilling projects.
News ID: 2518 Publish Date : 2018/11/07
The Ministry of Industries, Mining and Trade issued 937 permits for mineral exploration during the 10 months to Jan. 20, registering a 53% rise compared with last year’s corresponding period. Iran is home to around 10,000 mines, only 6,000 of which are operational.
News ID: 2019 Publish Date : 2018/03/20
At the behest of private producers and downstream users, the Ministry of Industries, Mining and Trade has banned price increases for all steel products at Iran Mercantile Exchange up until June 21.
News ID: 2009 Publish Date : 2018/03/14
The new directive, which bans the use of the US dollar in import order registrations by Iranian traders, serves the double purpose of sidelining the US dollar and curbing the volatility that gripped the foreign exchange market in recent weeks.
News ID: 1969 Publish Date : 2018/03/03
A total of 533 permits were issued for mineral exploitation during the nine months to Dec. 21, 2017, creating 4,302 jobs, 76.6% more compared with last year’s corresponding period, the Ministry of Industries, Mining and Trade announced.
News ID: 1964 Publish Date : 2018/02/24