Mining News Pro - The two main spot prices for iron ore diverged last week, with Singapore-traded contracts gaining but China’s domestic futures posting a decline.
Monday, December 4, 2023 - 22:27:45
Mining News Pro - Lundin Mining announced that former president Jack Lundin has officially assumed the role of chief executive officer and will join the board of the Canadian miner on January 1.
Monday, December 4, 2023 - 22:21:13
Mining News Pro - Australian Pacific Coal Ltd. and its joint venture partner have agreed terms for $60 million funding from Vitol Asia Pte Ltd., allowing them to restart a coal mine in New South Wales that’s been shut for more than 16 years.
Friday, December 1, 2023 - 20:47:15
Mining News Pro - enCore Energy has officially become a uranium producer, with the restart of the South Texas Rosita in-situ uranium central processing plant.
Friday, December 1, 2023 - 20:39:58
Mining News Pro - A new monthly record was set in the continuous steelmaking and casting unit of Mobarakeh steel in the seven months ending October 1402.
Friday, December 1, 2023 - 16:10:35
Mining News Pro - Canada’s First Quantum Minerals has inked a deal with Zambia’s Mimosa Resources to fast-track their joint development of the Fishtie copper project in the African country’s Central Province, near the border with the Democratic Republic of Congo.
Monday, December 4, 2023 - 22:19:11
Mining News Pro - In the DRI unit, HOSCO was able to set a new record in DRI production in November.
Sunday, December 3, 2023 - 19:28:59
Mining News Pro - Zimbabwe has given lithium miners up to March 2024 to submit plans for the local production of battery-grade lithium in a bid to benefit from growing demand for the clean energy mineral, Finance Minister Mthuli Ncube said on Thursday.
Friday, December 1, 2023 - 20:48:26
Mining News Pro - Congo’s State mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals.
Friday, December 1, 2023 - 20:43:35
Mining News Pro - US Treasury Secretary Janet Yellen traveled to North Carolina on Thursday to tout hundreds of billions of dollars in clean energy investments enabled by federal tax incentives as President Joe Biden struggles to win credit among voters for his economic record.
Friday, December 1, 2023 - 20:41:41
Mining News Pro - Gold prices retreated from a record high on Monday amid signs that the market’s aggressive pricing of US Federal Reserve rate cuts may have gone too far, which analysts believe was unsustainable.
Monday, December 4, 2023 - 22:24:08
Mining News Pro - Canada’s Silvercorp Metals (TSX, NYSE: SVM) surprised the market on Thursday by increasing its cash offer for African gold developer OreCorp (ASX: ORR) by A$20 million ($13m).
Thursday, November 23, 2023 - 22:27:19
Mining News Pro - Fourteen informal gold miners were killed in a tunnel collapse in Suriname on Monday afternoon on a concession belonging to a subsidiary of Chinese state miner Zijin Mining, a Surinamese official said.
Wednesday, November 22, 2023 - 23:23:48
Mining News Pro - The global copper market will face a glut next year, according to one of China’s biggest traders of the metal, which will likely lead to further declines in the commodity that’s vital to the energy transition.
Thursday, November 16, 2023 - 18:21:41
Mining News Pro - Sigma Lithium reported on Wednesday a revenue of $97 million for the third quarter of 2023, marking the company’s first revenue-generating quarter.
Wednesday, November 15, 2023 - 18:09:31
Mining News Pro - Global miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges (TC/RCs) for 2024, the first drop in three years, sources familiar with the matter said.
Friday, December 1, 2023 - 20:45:32
Mining News Pro - The head of Imidro's executive board emphasized on the increase of exploration activities in Chadormalu company and said: the development path of this complex goes through exploration.
Thursday, November 30, 2023 - 12:32:26
Mining News Pro - A company whose application for a coal mine in Alberta was rejected two years ago is back – with a new name, and an updated request to explore its lease in the eastern foothills of the Rocky Mountains.
Friday, November 24, 2023 - 21:59:18
Mining News Pro - A trade meeting between the US and European Union due to take place next month is expected to slip to early next year as the two allies remain deadlocked in talks about steel and critical minerals.
Thursday, November 23, 2023 - 22:39:26
Mining News Pro - China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a resumption in sales after a two-month hiatus caused by Beijing’s restrictions.
Thursday, November 23, 2023 - 22:31:56
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