Indian low-grade iron ore fines (Fe 57/58) export price has increased marginally this week to around USD 58-59/MT, CFR China witnessing a weekly hike of USD 1- 2/MT.
News ID: 8033 Publish Date : 2019/12/14
UK-based global miner Rio Tinto has approved a $1.5bn investment that will extend its US copper operations to 2032.
News ID: 7755 Publish Date : 2019/12/03
World's second largest iron ore miner - Rio Tinto's Pilbara iron ore production witnessed at 87.3 MnT for Q3 CY19, up 10% as against 79.7 MnT in Q2 CY19. On yearly premises miner depicted 6% increase in production when compared to Q3 CY18 output at 82.5 MnT.
News ID: 6990 Publish Date : 2019/10/16
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 miner s. 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
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
Diversified miner Freeport-McMoRan is expected to complete mining in the Grasberg open pit by the end of the year, while also ramping up production at its Deep Mine Level Zone (DMLZ) underground mine and Grasberg Block Cave (GBC) mine in Indonesia.
News ID: 6884 Publish Date : 2019/10/23
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
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