China’s state iron ore buyer gets down to business, yet to flex pricing power

Mining News Pro - China’s new state iron ore buyer is asserting itself in negotiating deals for the world’s biggest steel industry but has yet to help manufacturers struggling with weak demand to get lower prices, mills and miners said.

BHP to grow iron ore and potash stock

Mining News Pro - BHP is looking into initiatives to grow its iron ore production to 300 million tonnes per annum.

Iron Mine Contracting secure major mining deal

Mining News Pro - Iron Mine Contracting will continue its partnership with Liontown after it was awarded a multi-million-dollar open pit mining services contract in Kathleen Valley.

Brazilian iron ore state wants to lure lithium investors

Mining News Pro - The Brazilian state with some of the world’s biggest iron ore mines wants to attract investors to its lithium deposits in a bid to feed growing demand for the key material in electric-vehicle batteries.

Brazilian iron ore state wants to lure lithium investors

Mining News Pro - The Brazilian state with some of the world’s biggest iron ore mines wants to attract investors to its lithium deposits in a bid to feed growing demand for the key material in electric-vehicle batteries.

Iron ore price set for worst month since October on demand concerns

Mining News Pro - Iron ore futures in Singapore were on track for the largest monthly decline since October as demand uncertainties flare, while a top global steelmaker warned conditions will remain tough for the rest of the year.

China’s property pain deflates ‘overhyped’ iron ore market

Mining News Pro - After a bullish start to 2023, iron ore is struggling with the reality that China’s property sector — the steelmaking material’s largest demand driver for two decades — is still far from a robust recovery.

Iron ore price mixed as steel group urges producers to cut output

Mining News Pro - Iron ore prices were mixed on Wednesday while a China steel industry group urged producers to curb output to stay afloat.

Iron ore price extends decline as China demand slumps

Mining News Pro - The iron ore price was the lowest since November on Monday as weak steel demand in China prompted a production slowdown.

China to speed up iron ore projects to secure domestic supply

Mining News Pro - China’s state planner on Wednesday said it will accelerate the construction of iron ore exploration projects and improve its capability to ensure iron ore supplies.

Iron ore price lowest in 3 months on China’s rumored plan to cap steel output

Mining News Pro - Pessimism about steel demand in China weighed on iron ore prices on Thursday, even as traders watched a powerful cyclone that could disrupt shipments from top supplier Australia.

Cyclone Ilsa hits Australia’s northwest, spares iron ore export hub

Mining News Pro - A tropical cyclone smashed Australia’s northwest coast as a category 5 storm, setting new wind speed records, but has largely spared populated regions including the world’s largest iron ore export hub, authorities said on Friday.

Codelco loses environmental licence for Ecuador copper project

Mining News Pro - A provincial appeals court in Ecuador has stripped Codelco and local joint venture partner Enami of its environmental license for the Llurimagua copper project, according to a ruling published Wednesday.

Iron ore price falls on China warning, production controls in Tangshan

Mining News Pro - Iron ore price fell on Monday after China’s state planner issued another warning against speculation in the market and fresh production curbs were imposed in major Chinese steel cities.

Iron ore slides after China seeks advice on rising prices

Mining News Pro - Dalian and Singapore iron ore futures weakened on Monday after China’s state planner said last week it had sought expert advice on policy measures to deal with the recent rapid rise in prices of the raw material.

Iron ore price jumps on China data, bullish steel demand outlook

Mining News Pro - Iron ore futures jumped on Wednesday, as better-than-expected China manufacturing activity data raised hopes for a demand rebound in the world’s top steel producer.

BHP trials renewable fuel at Yandi iron ore operations in Western Australia

Mining News Pro - The world’s biggest miner, BHP said Thursday it is trialling the use of Hydrotreated Vegetable Oil (HVO) to help power mining equipment at its Yandi iron ore operations in Western Australia.

Simandou iron ore project to restart in March

Mining News Pro - Work on Guinea’s massive Simandou iron ore mine and infrastructure project is set to restart in March, Guinea’s military junta said in a Jan. 30 statement seen by Reuters on Wednesday.

Remarkable environmental activities of Iran Alumina Company in Taash Mine

Mining News Pro - CEO of Iran Alumina Company said: Iran Alumina's environmental measures in Tash Mine have been unprecedented.

Fortescue’s Iron Bridge to begin production this quarter

Mining News Pro - Australia’s Fortescue Metals Group on Friday confirmed its Iron Bridge project was on track to begin production at the end of the March quarter, realizing a key strategy to secure better prices for its ore.

Iron ore price rises while China warns against speculation

Mining News Pro - The iron ore price rose on Wednesday as investors bet on surging demand for the steel ingredient as China’s economy reopens.

Chile rejects Andes Iron’s $2.5bn Dominga mining project

Mining News Pro - Chile’s committee of ministers denied permits for Andes Iron’s $2.5 billion Dominga copper and iron mining project, Environment Minister Maisa Rojas announced on Wednesday.

Iron ore’s sharp gains catch Beijing’s eye as traders summoned

Mining News Pro - China’s top economic planning body has summoned a group of iron ore traders and asked them to provide details of recent business, a sign that authorities want to head off fresh commodity inflation as the economy rebounds.

Fortuna Silver stock tanks as Mexico challenges environmental approvals for San Jose mine

Mining News Pro - Fortuna Silver Mine stock fell 11% on Thursday after a decision to re-asses the extension of the San Jose mine Environmental Impact Authorization.

Ximen receives draft environment permit for Kenville gold mine in BC

Mining News Pro - In a further update to the underground development of its Kenville gold mine, Ximen Mining (TSXV: XIM) has now obtained the first draft of the two permits expected. Last Friday, the BC-focused precious metals miner received the draft environment permit for review, and had an initial look at the terms and conditions.

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