India’s JSW Steel sees exports at more than 10% of 2022/23 sales
Mining News Pro - India’s JSW Steel expects its exports to pick up in the current quarter through March, boosted by the withdrawal of an export tax and robust demand from the Middle East and Asia, a senior company executive said on Saturday.
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Visit: 91
Condor Gold puts La India project in Nicaragua up for sale
Mining News Pro - The La India project covers a 588 square kilometre land package, that holds 12 contiguous and adjacent concessions.
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Visit: 134
Russia’s Rusal: 2023 sales pick up after LME decision
Mining News Pro - Rusal’s sales had already exceeded 76% of its primary aluminum and value-added production for 2023, the company said, confirming an earlier source-based report by Reuters.
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Visit: 206
China's Fosun to raise $561 million from mining sale stake
Mining News Pro - The transaction announced on Monday is the second time Fosun has sold Zhaojin stock and has raised $663.73 million from both deals.
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Visit: 160
EV battery hopeful Britishvolt holds talks on UK site sale as outlook dims
Mining News Pro - The UK’s push to develop a homegrown electric-vehicle battery giant is under threat as three-year-old Britishvolt Ltd. discusses a sale of its main factory site, according to people familiar with the matter.
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Visit: 293
NorZinc agrees on sale to shareholder RCF
Mining News Pro - In a move to ensure the long-term viability of its Prairie Creek project located in the Northwest Territories, NorZinc (TSX: NZC) has agreed to a sale to RCF VI CAD LLC following a unanimous decision by the board of directors, which has been working to address the company’s financial challenges, namely limited cash and negative working capital, to fund the project’s development.
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Visit: 340
Lundin weighs sale of $1 billion copper-zinc mine in Portugal
Mining News Pro - Lundin Mining Corp. is weighing the sale of a copper and zinc mine in Portugal that could be valued at about 1 billion euros ($1 billion), people familiar with the matter said.
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Visit: 447
Albemarle’s lithium sales surge after supply contracts renegotiated
Mining News Pro - Albemarle Corp, the world’s largest producer of lithium for electric vehicle batteries, raised its annual forecast on Wednesday and reported a better-than-expected quarterly profit after it renegotiated supply contracts for the metal at higher prices.
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Visit: 360
Russia eyes new rules on state’s gold, gem sales amid war
Mining News Pro - Russia’s government and parliament are seeking to change rules on the sales and management of the state’s precious metal and gem stockpiles amid the war with Ukraine.
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Visit: 711
China electric car sales rose in May as lockdowns start to ebb
Mining News Pro - China’s legion of electric carmakers appears to be shaking off the worst of the nation’s lockdown-induced supply chain snarls and parts shortages, with at least four selling over 10,000 vehicles last month.
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Visit: 539
Kinross reports ‘messy’ Q1 results as sale of Russian assets awaits approval
Mining News Pro - Kinross Gold has said that the company was in “uncharted territory” regarding the closure of the sale of its Russian assets.
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Visit: 313
Nutrien boosts outlook for potash sales as fertilizer surges
Mining News Pro - Nutrien Ltd., the world’s largest fertilizer company, boosted its outlook for profit growth and cash flow, saying it plans to sell more potash as crop-nutrient prices soar.
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Visit: 494
GNRI considers sale of $1.5 billion Botswana copper mine
Mining News Pro - Private equity firm GNRI is considering options for its Khoemacau copper mine in Botswana including a possible sale, people familiar with the matter said.
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Visit: 346
Polymetal shuns local sales in favor of exports
Mining News Pro - Polymetal International Plc, a London-listed gold miner operating mainly in Russia, said it’s avoiding selling to the country’s banks as they will only buy at a discount.
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Visit: 412
Alphamin kicks off potential sale as tin prices surge
Mining News Pro - Alphamin Resources Corp., one of the world’s largest tin miners, has kicked off a potential sale of the company as prices of the metal surge, people with knowledge of the matter said.
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Visit: 313
Petropavlovsk weighs sale of business after Russia sanctions
Mining News Pro -London-listed Russian gold producer Petropavlovsk is considering putting itself up for sale, it said on Thursday, following sanctions on Russia and the risk of countermeasures.
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Visit: 473
23.4 million tons of production and 75% surge in sales for GolGohar
Mining News Pro - GolGohar Mining produced 1,020,248 tons of pellets and 1,215,676 tons of iron ore concentrate.
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Visit: 407
De Beers latest sale shows diamond demand remains strong
Mining News Pro - De Beers, the world’s top diamond producer by value, saw sales jump by 18% in the second cycle of 2022 compared to the same period last year, attesting to the industry’s consolidated recovery from the first pandemic-induced shutdowns.
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Visit: 703
Sabanour’s sales increased by 86%
Mining News Pro - Sababours’s sales increased by 86% during 10 months of this (Persian calendar) year compared to the same period last year.
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Visit: 1206
Teck seeks sale of stake in $8 billion coal business
Mining News Pro - Teck Resources Ltd. is exploring the sale of a minority stake in its metallurgical coal business as it seeks to take advantage of surging prices for the commodity, people familiar with the matter said.
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Visit: 481
Perth Mint’s November gold sales nearly double
Mining News Pro - The Perth Mint’s sales of gold products in November jumped about 94% from the previous month to an eight-month peak, the refiner said on Monday.
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Visit: 314
Gol Gohar big step in the production and sales
Mining News Pro - In November, GolGohar produced more than 1 million tons of pellet and concentrate.
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Visit: 657
Botswana’s Debswana diamond sales jump 73% in first nine months of 2021
Mining News Pro - Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of U.S. and China’s consumer markets.
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Visit: 842
Lundin Energy exploring sale of $10 billion Nordic oil producer
Mining News Pro - Nordic oil producer Lundin Energy AB is exploring a potential sale that could rank as one of the largest European oil and gas deals in years, people with knowledge of the matter said.
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Visit: 456
Alaska’s largest-ever gold nugget up for sale
Mining News Pro - A rare and massive gold nugget, weighing around 20lbs (9kg), has been put up for sale 23 years after it was discovered and it’s expected to reach at least $1 million at an auction that takes place on Dec. 8.
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Visit: 293