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
The world’s top diamond producer by output, Alrosa (MCX:ALRS), and the Zimbabwe Consolidated Diamond Company have signed a joint venture agreement to develop diamond deposits in Zimbabwe.
News ID: 5433 Publish Date : 2019/07/23
Looking for a long-term bullish signal for copper? Then look no further than Rio Tinto’s struggles with the Oyu Tolgoi mine and expansion project in Mongolia.
News ID: 5432 Publish Date : 2019/07/23
Nicaragua-focused Condor Gold (LON:CNR) has obtained an extension to meet conditions associated with the environmental permit to build and operate its flagship La India open pit gold mine, in the western side of the country.
News ID: 5429 Publish Date : 2019/07/23
Brazil-focused Serabi Gold (LON,TSX: SBI) said Monday it remained on track to produce between 40,000 and 44,000 ounces of the precious metal this year from its Palito and Sao Chico mines in the country’s north, almost 19% more than the 37,108 ounces it churned out last year.
News ID: 5411 Publish Date : 2019/07/22
Director General of Mineral Industries Office of the Ministry of Industry, Mining and Trade Seifollah Amiri said over 6500 stone processing units are currently active across the country, 500 of which are exporting to global markets.
News ID: 5391 Publish Date : 2019/07/22
Vancouver-based Aftermath Silver’s (TSX: AAG.H) stock was up over 20% Friday, after it announced it is increasing its non-brokered private placement from 18.7 million units to up to 25 million units at a price of C$0.08 cents per share.
News ID: 5378 Publish Date : 2019/07/22
Geoscience BC has set up to start a project aimed at analyzing the possibility of extracting rare earth elements from British Columbia’s coal deposits and coal tailings facilities.
News ID: 5373 Publish Date : 2019/07/22
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) has bowed to pressure from Acacia Mining’s (LON:ACA) minority shareholders, offering on Friday a sweetened deal for the African miner that would give Barrick full control.
News ID: 5342 Publish Date : 2019/07/20
Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) plans to put projects worth nearly $3.5 billion into operation by the end of the current Iranian calendar year (ends on March 20, 2020), IRNA reported on Friday, quoting a senior official with the organization.
News ID: 5326 Publish Date : 2019/07/20
Global miner Anglo American (LON:AAL) posted Thursday a 2% increase in overall production during the three months leading to June 30, helped mainly by its giant Minas-Rio iron ore mine in Brazil, but cut diamond guidance for the year as sales remain weak.
News ID: 5311 Publish Date : 2019/07/19
Indonesia is reportedly planning to spend billions of dollars in building aluminium and nickel smelters and reshaping its mining industry, in a bid to cut decades-long dependence on costly imports to meet domestic demand. Report says the Southeast Asian country is seeking to make building smelters mandatory for the miners.
News ID: 5304 Publish Date : 2019/07/19
India's state-controlled NMDC has secured a favourable court order to restart operations at its 6mn t/yr Donimalai iron ore mine in the southern state of Karnataka, which has been shut down because of a royalty dispute with the state government.
News ID: 5294 Publish Date : 2019/07/18
A group of investors in Brazil’s Vale (NYSE:VALE), the world’s top iron ore producer, is seeking compensation for loses linked to the deadly dam burst in Brumadinho in January this year, which killed more than 300 people and caused extensive property and environmental damage in the region.
News ID: 5291 Publish Date : 2019/07/18
Shares in Fresnillo (LON:FRS), the world’s largest silver miner, dropped by almost 5% to the bottom of the FTSE 100 after it cut its annual production targets, citing lower-than-expected ore grades and construction delays at its gold mines in Mexico.
News ID: 5289 Publish Date : 2019/07/18
Embattled Acacia Mining (LON:ACA) is facing fresh hurdles in Tanzania as the government has ordered it to stop using a waste storage facility at North Mara, its largest gold mine and the only one of the three the company owns that remains fully operational.
News ID: 5288 Publish Date : 2019/07/18
Major Iranian lead and zinc producers extracted 207,788 tons of ores during the first three Iranian months (March 21-June 21), which indicates a 46% fall in production compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report shows.
News ID: 5270 Publish Date : 2019/07/17
BHP Group, the world’s biggest miner, on Wednesday flagged $1 billion in productivity losses for fiscal 2019 as unplanned outages and bad weather hurt its iron ore production.
News ID: 5265 Publish Date : 2019/07/17
