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OZ casts eye over Kalkaroo
Wed, 18 May 2022 00:00:00 GMT
OZ Minerals has signed a conditional binding terms sheet with Havilah Resources, setting out the basis of a new strategic relationship in the prospective Curnamona Province in South Australia.

Key electoral seats could be decided by mining support
Wed, 18 May 2022 00:00:00 GMT
New analysis by the NSW Minerals Council has found that its mining member companies directly injected more than $122 billion into the NSW economy over the past decade, creating tens of thousands of jobs and supporting thousands of local businesses across the State.

Steel prices ease over 10%, coal crisis playing havoc on secondary ...
Tue, 17 May 2022 00:00:00 GMT
Steel sector players are facing some heat owing to high input commodity prices as finished steel products have begun to decline since April after the Russia-Ukraine war broke out. Prices in the long products segment have declined on an average of 10-15 percent to Rs 57,000 per tonne in the Kolkata market from a high of Rs 65,000 a tonne. Coal which is a key raw material for the secondary steel producers has turned out to be the major pain point, officials said. Steel prices from leading

Dalian iron ore rebounds on supply woes, easing of China COVID ...
Tue, 17 May 2022 00:00:00 GMT
Chinese iron ore futures rose on Monday, supported by supply concerns and shrinking portside inventories of the steelmaking ingredient, while the easing of some COVID-19 curbs in the worlds top steel producer also lifted trader sentiment. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange DCIOcv1ended daytime trade 3.9% higher at 834.50 yuan ($122.80) a tonne, after posting its biggest weekly loss in nearly three months on Friday. On the Singapore Exchange, the

Country has constraints in availability of domestic coal: Govt
Sun, 15 May 2022 00:00:00 GMT
The additional coal secretary stated that there are constraints in domestic coal availability and the domestic coal production is roughly about 800 MT. Therefore, the rest of the coal demand of the country has to be met through imports from other countries, according to the minutes of the meeting on fuel linkages.

Amur Minerals CEO Explains the Kun-Manie Sale Deal
Fri, 13 May 2022 00:00:00 GMT
Robin Young from Amur Minerals talks through the deal for the sale of its Kun-Manie in Far East Russia asset for US$105mln. The price is within a range set by a consultant ahead of Russias invasion of Ukraine, he says and is reasonable given the current political situation. Six levels of sanctions have eliminated any

Mining News - Ucore launches program to advance Bokan
Thu, 12 May 2022 15:13:00 GMT
With its Alaska Strategic Metals Complex on pace for completion in 2024, Ucore Rare Metals Inc. has launched a trenching and bulk sampling program at Bokan Mountain that will provide the information needed for a prefeasibility study that details the plan for a mine at the rare earths project in Southeast Alaska. Located on Prince of Wales Island, the Dotson Ridge deposit at Ucore's Bokan...

Mining News - Regulatory approval is a go at Herbert Gold
Thu, 12 May 2022 15:01:00 GMT
Grande Portage Resources Ltd. May 3 announced that it has received regulatory approval for the 2022 drill program at its Herbert Gold project located within the Juneau Gold Belt in Southeast Alaska and drilling is expected to begin in June. 'We are pleased to have received approvals from the regulatory agencies in Alaska,' said Grande Portage President and CEO Ian Klassen. 'Our...

Metinvest to conduct scheduled maintenance of Italian re-rolling ...
Wed, 11 May 2022 18:22:55 GMT
Metinvest, an international vertically integrated group of steel and mining companies (jointly referred to as Metinvest or the Group) decided to move the scheduled maintenance of the Italian re-rolling plants of the Group Metinvest Trametal (S. Giorgio di Nogaro, UD) and Ferriera Valsider (Vallese di Oppeano, VR) from August 2022 to May

Ukraine: AMKR to focus on concentrate sales
Tue, 10 May 2022 09:56:35 GMT
Before the war, ArcelorMittal Kriviy Rih produced raw materials mostly for its own use. The company exported only 20% of iron ore concentrate. Now AMKR exports 80%. In May, the company intends to export 450 thousand tons of concentrate, with 100 thousand tons via a new loading unit. Investments in the new unit exceeded

How much laser cutting power does a metal fabricator need
Tue, 10 May 2022 07:00:00 GMT
Determining what laser cutting power best suits a metal fabrication shop's needs hinges on four areas of a manufacturing business: its customers, resources, capabilities, and operating

IMIDRO defines 30 investment packages for reviving idle mines ...
Mon, 09 May 2022 13:04:02 GMT
TEHRAN - Head of Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Vajihollah Jafari said his organization, which is in charge of a program for reviving idle small mines across the country, has defined 30 investment packages for continuing the implementation of the program in the current Iranian calendar year (started on March

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