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.
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Visit: 8
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.
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Visit: 52
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.
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Visit: 69
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.
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Visit: 39
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.
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Visit: 84
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.
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Visit: 51
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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Visit: 58
Maduro exhorts Venezuelan army to combat environmental destruction caused by illegal gold mining
Mining News Pro - Venezuela’s head of state Nicolás Maduro publicly asked the Operational Strategic Commander of the Bolivarian National Armed Forces (Fanb) to ramp up efforts against illegal gold mining in the southeastern Amazonas and Bolívar states.
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Visit: 60
Iron ore price rises as more policy support looms in China
Mining News Pro - Iron ore price rose on Monday underpinned by looming additional policy support to shore up the Chinese economy amid its battle to contain covid outbreaks.
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Visit: 89
Iron Ore Arrivals at Chinese Ports Increased Slightly
Mining News Pro - SMM data showed that a total of 76 ships arrived at major ports in China from May 2 to May 8, carrying 11.81 million mt of iron ore, up 580,000 mt on a weekly basis and 60,000 mt from a year ago.
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Visit: 123
Say hello to $150 iron ore
China’s reopening could propel iron ore to $US150
Mining News Pro -The gradual reopening of China’s economy through looser COVID-19 restrictions could propel iron ore prices as high as $US150 a tonne by June next year, predicts broker Citi.
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Visit: 108
Steel industry facts
Material and energy flows of the iron and steel industry
Mining News Pro - Integrated analysis and optimization of material and energy flows in the iron and steel industry have drawn considerable interest from steelmakers, energy engineers, policymakers, financial firms, and academic researchers.
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Visit: 209
China may extend state iron ore buying strategy to lithium
Mining News Pro - BMO Capital Markets picked state control of China’s raw material purchases as one of its key themes of 2023.
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Visit: 89
Construction of a measuring device for the amount of total and metallic iron in sponge iron in Khuzestan steel
Mining News Pro - With the presence of the CEO of Khuzestan Steel Company, a device for measuring the amount of total and metallic iron in sponge iron was unveiled. This device was built for the first time in the world with the efforts of engineers of Khuzestan Steel Company and the cooperation of a knowledge-based company.
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Visit: 46
Foulad Mobarakeh is fully responsible in the field of environment
Mining News Pro - Hamadreza Lahijanzadeh, director general of Isfahan Environment Department, while visiting the production lines of Mobarakeh Steel, said: "For many years, we have been monitoring the investments and environmental activities of Mobarakeh Steel, and we have observed that this company is fully responsible in this field."
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Visit: 44
Antofagasta faces charges, fines for environmental breaches in Chile
Mining News Pro - The agency said on Wednesday that audits carried out at the mine site between June 2019 and January 2020 confirmed a community complain. This claimed the operation’s use of water was a threat to the Loa frog.
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Visit: 230
Iron ore price jumps on easing restrictions in China
Mining News Pro - Some communities in Chinese cities where covid-19 is still spreading are easing off on testing requirements and quarantine rules ahead of an expected shift in virus policies nationwide after widespread social unrest.
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Visit: 161
Environmental and human rights assessment of Rio Tinto’s former Panguna copper mine begins
Mining News Pro -The Panguna mine was operated by BCL, majority-owned by Rio Tinto, for 17 years from 1972 until 1989, when operations were suspended due to an uprising against the mine and subsequent civil war. A peace agreement was signed in 2001.
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Visit: 176
Iron ore price rises on China property support
Mining News Pro - According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $101.60 a tonne Tuesday morning, up 2.8%.
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Visit: 146
Iron ore price extends rally on China demand hopes
Mining News Pro - The most-traded January iron ore on China’s Dalian Commodity Exchange ended daytime trade 3.3% higher at 753.50 yuan ($105.76) a tonne. Earlier in the session, it hit the highest level since Aug. 1 at 757.50 yuan.
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Visit: 165
Minister denies Baffinland Iron Mines expansion in Nunavut
Mining News Pro - After four years of consultations and deliberations, the Nunavut Impact Review Board (NIRB) rejected the miner’s request to more than double output to 12 million tonnes a year, to eventually reach 30 million tonnes annually.
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Visit: 188
Iron ore price soars as China covid curbs eased despite surge in cases
Mining News Pro - Price benchmarks for steel products and other steelmaking inputs in China, the world’s top steel producer, also stretched gains after authorities announced the measures.
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Visit: 175
Iron ore’s slump likely to deepen until China’s economy revives
Mining News Pro - Iron ore is one the poorest performing commodities this year, and the rout in prices is only likely to deepen until China’s economy stages a revival.
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Visit: 250
Iron ore price outlook clouded by global demand woes, supply risks
Mining News Pro - Iron ore prices are on track to end 2022 at their lowest in the last three or four years and will probably languish next year as well, with China and Europe cutting steel output, while pressure mounts from additional supply.
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Visit: 305
Iron ore price outlook clouded by global demand woes, supply risks
Mining News Pro - Iron ore prices are on track to end 2022 at their lowest in the last three or four years and will probably languish next year as well, with China and Europe cutting steel output, while pressure mounts from additional supply.
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Visit: 256