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JSPL expects Australian mining unit to turn the corner from June
Sat, 04 Feb 2023 00:00:00 GMT
The company will be investing in enhancing the production capacity as well as in coal beneficiation to counter the situation. The operations should come in the positive territory by June or July, Jha told ET. The investments required are not significant, he added.

Kyrgyzstan: miners and metallurgists ask to increase their wages
Fri, 03 Feb 2023 10:17:47 GMT
The trade union receives numerous appeals from workers of the industry enterprises on the issue of wage increase, the Chairman of the Central Committee of the Mining and Metallurgical Trade Union of Kyrgyzstan Eldar Tadzhibaev has said. The miners and metallurgists are demanding better wage conditions, namely, a two-fold increase in pay rates and

Iron ore hits 2-week low as China rally fizzles out
Fri, 03 Feb 2023 00:00:00 GMT
Iron ore futures fell to a two-week low on Thursday as traders reassessed demand prospects in key consumer China, despite expectations for more policy stimulus to support the countrys economic rebound. Iron ore and steel prices in China hit multi-month highs in January as markets rallied from early November on the back of Beijings stepped-up policy support for its ailing property sector and dismantling of strict COVID-19 curbs. The steelmaking ingredient has risen more than 9% this year o

Push for net-zero a once-in-a-generation opportunity: MCA
Fri, 03 Feb 2023 00:00:00 GMT
Australias world-class mining industry has the tools to become a leader in the global effort to achieve net-zero emissions by 2050, but the move will require government action, according to the Minerals Council of Australia (MCA).

On the top tier
Fri, 03 Feb 2023 00:00:00 GMT
The cleanest high horsepower diesel engines operating in mining in Australia today are Cummins QSK50 and QSK60 tier 4 final units powering haul trucks and excavators in the NSW Hunter Valley.

Coal India arm MCL introduces drone technology in coal mines
Fri, 03 Feb 2023 00:00:00 GMT
The portal allows an authorised person to access real time drone video from the mine through a dedicated 40 Mbps internet lease line near the mines, the coal ministry said in a statement.

Ukraine: PGOK chief accountant suspected of tax evasion
Thu, 02 Feb 2023 09:55:45 GMT
The chief accountant of Poltava Mining and Processing Works is suspected of the company not paying taxes for 2 billion UAH. According to the State Security Service, in 2018-2021 the suspect entered false data into official documents of the company, in particular on the payment for the use of the iron ore deposit. During

Mining News - Year looks bright for ATAC YT-BC projects
Thu, 26 Jan 2023 18:58:00 GMT
ATAC Resources Ltd. Jan. 23 announced the results from its second phase of exploration at the company's Catch copper-gold property in central Yukon, which identified a high-grade copper and gold mineralized zone across a 500-meter extent. Located in an underexplored part of southcentral Yukon, about 56 kilometers (35 miles) southeast of Carmacks, this 15.7-square-kilometer (3,880 acres)...

Mining News - Raven shares shiny wealth with Victoria
Thu, 26 Jan 2023 13:14:00 GMT
Victoria Gold Corp. Jan. 24 announced the next batch of assays from the 2022 Raven exploration program at the company's Dublin Gulch property in Yukon, Canada, showcasing the incredible potential of this high-grade gold deposit. Just a week since its last announcement regarding Raven, results are coming in hot from the program that saw more holes drilled into this emerging gold deposit than...

Ukraine: Pokrovskoye MG to launch new long face in March 2023
Wed, 25 Jan 2023 11:49:11 GMT
The Pokrovskoye Mine Group is preparing to launch for long faces. They will be gradually commissioned this year. The first long face to be launched will be the 9th northern face of the block No. 10. Its reserves exceed 1 million tons of coal. The first coal will be produced in March. (Ukrainia

Ukraine: Demurinsky GOK not confiscated
Tue, 24 Jan 2023 10:21:10 GMT
The Supreme Anticorruption Court has not satisfied the claim of the Ministry of Justice on the confiscation of Demurinskiy Mining and Processing Works and other companies controlled by the Russian billionaire Mikhail Shelkov. The court did not find the proofs of Shelkov having control over DemGOK strong enough. DemGOK via its Cyprus owner has

Molybdenum Mark Update
Mon, 23 Jan 2023 00:00:00 GMT
IMOA is delighted to report that the following molybdenum by-product sites have received the Molybdenum Mark extension: Kennecott Bingham Canyon MineSociedad Minera Cerro Verde S.A.A.Freeport-McMoRan Morenci Inc.BHP's Minera Spence

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