Home / News / Mining industry

Vale: weak demand for steel will hit the price of ore

the Largest mining company in the world said to stop about 30 million tons of steelmaking capacity in Europe, USA and Asia....

Eastern GOK reduced production of uranium concentrate by 30%

For two months 2020 SE "Eastern mining and processing plant" reduced the uranium concentrate production by 30% to 115.5 tonnes....

In connection with a systemic crisis in the energy sector of Ukraine, DTEK mine stops

In connection with the impossibility of further shipments of coal to power stations, from 1 April 2020 about 6 500 employees DTEK Dobropolyeugol, the...

In Kyrgyzstan because of the coronavirus stopped three mining companies

most of the mining enterprises of the Republic in the current situation, continues its production activity....

Eastern mining and processing plant continues the recruitment of staff in an emergency situation

On SE "VostGOK" issued a number of administrative documents, developed and implemented a series of quarantine measures to prevent the introduction...

Citi: the price of iron ore falls below $ 70 per ton in the near future

the Projected early in the year surge of demand for iron ore in China will be replaced by fall, which will cause the collapse of world prices....

Coronavirus is making adjustments to the work of the largest mining companies in the world - WSJ

4 large mining Corporation announced the suspension of production or the slowing of project implementation....

Peru stops mining because of the pandemic

In Peru discovered and explored field over 40 types of minerals, the most important of these — oil, gas, coal, iron ore, copper, lead and zinc,...

Ferrexpo expects volatility in the iron ore market and postpones the payment of dividends

Board of Directors Ferrexpo has postponed its decision on the final ordinary and special dividend to the time when the situation on the market and...

Shares of Ferrexpo fell by 13-19%

Since the beginning of the year stock price of the company of Konstantin Zhevago fell by one-third....

In Iran discovered 760 promising deposits of metals

the Total area of prospective areas where metals in Iran is 650 thousand square kilometers....

Rinat Akhmetov's DTEK has launched the underground Wi-Fi connection at a depth of 500 meters

to Establish a modern communication system in underground mines is not a trivial task due to the presence of many obstacles to the radio signal. In...

The Greek authorities decided to 2023 to completely abandon coal

In Western Macedonia the decision to abandon the use of coal will lead to massive layoffs and billions in losses....

Orzel considers the use of gas at the current price for it is more profitable than coal mining

As earlier reported, President of Ukraine Volodymyr Zelensky called for a guaranteed market for Ukrainian coal, and the creation of the State...

Coal mining is unprofitable: the government plans to find the miners new jobs

coal Mining in new conditions is not profitable, said the Minister of energy of Ariel....

KZhRK in January decreased production of commodity iron ore underground mining 13.3%

In December 2019 Krivoy Rog iron ore plant produced 370 thousand tons of ore....

Miners Ugledar will block the road near the demarcation line with IDLO

According to Union leaders, the energy crisis, the crisis of the coal industry in Ukraine are created artificially....

Metinvest: the Enterprise became a victim of circumstances, but it remains a good taxpayer

Appears after the fact media coverage Metinvest considers manipulative and false: they are distributed without adherence to basic journalistic...

Chinese steelmakers remained without Mongolian coke due to coronavirus

Mongolia until March 3, stopped all exports of coal to China due to the spread of the coronavirus. It can take place in the Russian Federation....

Zaporizhia iron ore combine got a new "Boomer" for the drifters

Boomer S1 is the tunneling rig with a single arrow for underground mines and tunnels with cross-sections up to 33 m2....

Iron ore and coal can significantly increase in price from-for quarantine in Australia

In the largest port terminals Australia started congestion after the announcement of quarantine measures in relation to crews arriving from China....

In the investment market is the outflow of money from miners to manufacturers of soft drugs

Investors abandon investment in the mining sector because of pressure from environmental activists, by transferring money to producers of cannabis...

The court blocked operations Ferrexpo Poltava Mining

the Swiss subsidiary of Ferrexpo AG Switzerland filed an appeal against the decision of the court...

"Mechel" refused to share in the Elga coal Deposit

Mechel has not used the term in an offer to purchase from Gazprombank 34% of the project development of the Elga Deposit....

At the Ural mine found a unique emerald weighing a pound

According to experts, found the emerald is the rarest. In color it is in the first category, the grade – to the second. Emerald got working stope at...

The leaders of the Amazon formed an Alliance against the President of Brazil

Indigenous peoples of Brazil declared war on the plans of the President of Bolsonaro for the development of the mining industry in the Amazon....

The Verkhovna Rada of Ukraine has increased the rental fee for mining companies

January 16, the Verkhovna Rada deputies adopted the law with amendments to the Tax code that include provisions of transfer pricing, the introduction...

Dividends to shareholders of Rio Tinto may exceed $ 4 billion

the Anglo-Australian mining company, along with rivals BHP and Brazil's Vale, generates a lot of money because of skyrocketing prices for iron ore....

The closure of the coal mines of Germany allocated EUR 40 billion

Federal government of Germany reached an agreement with the regions most affected by the plan to phase out use of brown coal or lignite for its power...

Sign in with:
Войти с ВК Войти с ФБ Войти с Яндекс