The state-controlled Indian iron ore mining company KIOCL has signed initial agreements with international trading companies Glencore and Steel Mont...
Mining industry
China steelmakers set up task force to investigate commodity prices
Prices for iron ore in China are at their highest ever recorded. Some believe that this is a consequence of speculation on the stock exchange and...
Brazil demands to ban the operation of tailings and to increase levies from mines
The Association of Brazilian Mining Companies disagrees with the proposals of the Senate Commission to investigate the disaster associated with the...
Glencore and Anglo American blamed for water pollution in South Africa
New research reveals "massive violations" by the South African Department of Water Supply and Sanitation and ineffective regulation of...
The price bubble in the ore market will soon deflate quickly
The latest data on sea shipments of iron ore to China suggests that Brazilian iron ore exports have almost recovered to early-year levels when the...
Congo Glencore mine disaster kills at least 39 people
At least 39 artisanal miners were killed Thursday in the collapse of part of a copper and cobalt mine in southeastern Congo, owned by Glencore, the...
New IMO rules could increase the cost of transporting iron ore to $ 5 per ton
The new IMO standards, known as IMO 2020, aimed at stabilizing the freight transport industry, which is a significant source of greenhouse gas (GHG)...
Indian state bans iron ore mining over sacred hill
The project was approved during the term of the previous state government, but the election brought a party to power that listened to the complaints...
Finnish regulator positively evaluates uranium mining company Terrafame
Terrafame plans to mine uranium produced as a by-product of other metals and turn it into yellowcake....
Sandvik showcased new equipment at Coal of Russia and Mining 2019
Sandvik Mining and Rock Technology took part in the international specialized exhibition "Coal of Russia and Mining 2019", which took...
Indian iron ore sales to China plummet
Mining operations in Goa have been suspended since March 2018, and work is not expected to resume anytime soon due to delays in court decisions...
Namibia agrees to sell uranium stake in Rio to China
Namibia has no objection to Rio Tinto selling its stake in the uranium mine to China, subject to the country's laws....
Rio Tinto Capitalization Reaches Record Level Amid Rising Ore Prices
Iron ore prices have strengthened steadily in 2019 as concerns over the supply of raw steel proved to be stronger than the persistent trade tensions...
Vedanta CEO is open to dialogue with Zambia
The statement says Zambia is abusing corporate law by calling for the liquidation of the KSM on the basis of some equity rather than insolvency....
Brazilian Vale and China CCCC jointly invest in steel plant
State-owned China Communications Construction Co (CCCC) and miner Vale SA have agreed to set up a $ 450 million steel mill in Brazil's northern...
Zimbabwe and Russia agree to launch a platinum deposit
Zimbabwe and Russia have agreed to launch platinum group metals mining at a new deposit. The signing of the relevant agreement took place the day...
Sandvik localizes underground loader bucket production
Sandvik Mining and Rock Technology has localized bucket production for its underground loaders. The quality of the products meets the highest...
Iron ore prices may rise to $ 100 per ton
The cost of the rock has once again increased on the back of statements by BHP and Rio Tinto to cut production....
Norsk Hydro suffered colossal losses in recent cyber attacks
AIG, a global insurer, spoke about this at a press conference. Also, the American manufacturers of resins, silicones and other materials Hexion and...
Glencore suspends work at Australian zinc mine
Rio Tinto, BHP and Fortescue have removed their ships from Australian ports ahead of the expected departure of Cyclone Veronica....
Rio Tinto says Amrun bauxite mine is fully operational
Weipa has been mining bauxite for over 50 years, and the new mine will extend operations for another 50 years...
Rio Tinto was looking for copper, but found gold
An Australian-British concern accidentally discovered a new gold deposit in the west of the country....
Technology Metals Raises Over $ 4.5 Million for Gabanintha Vanadium Project Shares
Technology Metals Australia Ltd has raised over $ 4.5 million, excluding the placement costs of 17,510,833 shares at 26 cents per share....
Former owner of Xstrata will soon start developing the Zogata iron ore deposit in Guinea
Israeli tycoon Beni Steinmetz has signed an agreement with the government of Guinea to refuse to develop one of the world's largest unused iron...
Mackenzie: iron ore supply could be significantly reduced
Wood Mackenzie reports that the supply of 2 million tons of iron ore from Brazil is in jeopardy....
Sibanye Raises Its Loss Estimate By $ 100 Million
South Africa's Sibanye-Stillwater expects its full-year loss to be more than $ 100 million higher than forecast in its trade report last week,...
Dry cargo market prospects deteriorate after Brazil dam disaster
The outlook for bulk carriers transporting iron ore from mines to smelters has been weakened by the accident at the Vale Brumadinho dam in Brazil,...
Ore and pellets will rise in price
The consequences of the man-made disaster in Brazil cannot yet be estimated by analysts, but the first conclusions have already been made....
NMDC reaches agreement to revise wages
India's largest state-owned iron ore producer negotiates a trade union deal...
Video of the dam break in Brazil posted on YouTube
Dramatic footage captured by Brazilian television station Bandeirantes shows neighboring buildings, farmland and parts of the city of Brumadinho...