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Australian TIG approved coal mining at the Chukchi Zvonkoye field

The company expects to bring the new open pit to its design capacity in 2023, which will significantly increase the volume of coal production. In...

Miners at the world's largest copper company go on indefinite strike

Employees of the Chilean Codelco, the largest copper mining company in the world, went on an indefinite strike. They are protesting against the...

Ukraine and Poland deepen strategic partnership in the field of geology and mineral resources

On June 23, 2022, a Memorandum of Cooperation between Ukraine and Poland was signed, which provides for work and research on the geological study of...

Ferrexpo limits iron ore production in Ukraine due to logistics problems

The company said it is adjusting its upstream capacity in line with sales to European and offshore markets that are viable under the circumstances....

ALROSA refuses dividends due to economic sanctions

Alrosa is the world's largest diamond mining company...

Rusal filed a claim for a 20% refund in the Queensland Alumina alumina refinery of the Rio Tinto concern

Rusal's lawyers believe that the Australian mining concern violated its obligations, and the personal sanctions imposed against the founder of the...

Ex-Billionaire Executives Sued in Glencore Bribery Case

U.S. Attorney General Merrick Garland Announces Pleading Guilty to Glencore of Bribery and Market Manipulation Schemes...

Glencore accused of bribery in London pleads guilty in the US

Glencore mining company settles bribery and market manipulation cases in UK and US...

Lithium mining in Chile's Atacama sparks controversy over flamingo habitat

Flamingo numbers are declining, and a new study links this to water being extracted by mining companies for lithium-infused brine...

Iron ore price rises due to supply issues

China's iron ore stocks remain at their lowest level since October...

The price of iron ore is at the level of almost 4-month low

China's central bank said Monday it will step up support for a slowing economy...

Russia doubled coal supplies to China

Chinese traders, having settled financing and lending issues in their banks, aggressively increased purchases of Russian coal against the background...

Anglo American Unveils Largest Hydrogen-Powered Mining Truck

nuGen TM Zero Emission Haulage Solution is a premium hydrogen powered mining truck. This is an ambitious project, in which for the first time a truck...

Exports of thermal coal from the United States reached an annual maximum in March

U.S. coal prices averaged $508.91/tonne in March, up 40% from the previous month and up 246.5% from last year....

YuGOK reduced the output of iron ore concentrate by 24%

According to the company's official information, YuGOK produced 316.9 thousand tons of iron ore concentrate in April, and 411 thousand tons in March....

A new mine in the UK will not be able to replace coal imports from Russia - expert's opinion

The UK has only two potential buyers of this coal: Tata Steel and British Steel. British Steel said it could not use coal from the mine due to its...

Indian Tata Steel has found an alternative to Russian coal

While demand for Russian coal is likely to increase, analysts say potential payment problems associated with international sanctions and the high...

China to introduce temporary zero rate of import customs duties on coal

From May 1, 2022 to March 31, 2023, a temporary zero rate of import customs duties will be in effect for coking coal for the metallurgical industry....

Coal production in China rose by 14.8% in March

In March, China imported 16.42 million tons of coal, which is 39.9% less than in the same period last year....

Confrontation with Russia forced the UK to unfreeze the largest coal project

In the UK, they plan to open the first coal mine in 30 years against the backdrop of a reduction in energy supplies from Russia. A mine project in...

Ferrexpo increased its net profit by 37.1% in 2021

Ferrexpo has prepared stress tests with major adverse changes such as 3, 6 and 18 month production stoppages. Under these stress testing scenarios,...

World alumina production reaches a record 138 million tons

IndexBox has published a new report: "The World - Alumina - Market Analysis, Forecast, Size, Trends and Conclusions". Here is a summary of...

Russia has not yet found alternative buyers of coal - its exports fell by 9%

In early April, the EU imposed a ban on the import of coal from Russia as part of another package of sanctions. The Russian authorities talked about...

Metinvest's YuGOK continues stable operation by supplying iron ore concentrate to Europe

The produced iron ore concentrate is shipped by Yuzhny GOK by rail to Europe. Meanwhile, the shipment of marketable products to Asia and North Africa...

Zaporizhstal and mining and processing plants of Metinvest operate as usual

Netherlands mining and metallurgical holding of businessmen Rinat Akhmetov and Vadim Novinsky reported on the current situation at enterprises in...

Ferrexpo continues to ship iron ore from Ukraine to the EU by rail

On Friday last week, a mining company declared force majeure on marine deliveries of pellets through the port of Yuzhny on the Black Sea....

Biden: US will support new mines

Biden: "We can't build an American-made future if we ourselves depend on China..."...

Copper supply under threat due to lack of development of new copper mines

Bank of America: copper market will return to deficit...

At least 60 people die in an explosion at a gold mine in Burkina Faso

Burkina Faso is home to several large gold mines of international companies...

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