Mining industry news reports.

SMB-Winning aims to bring Guineas Simandou iron ore to market ...
Mon, 19 Oct 2020 00:00:00 GMT
China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guineas massive Simandou iron ore deposit into production by 2025, Socit Minire de Bok Chairman Fadi Wazni said, a tight timetable for a huge mine and infrastructure project. The consortium which includes Singapores Winning Shipping, Guinean mining logistics firm United Mining Supply (UMS), Chinese aluminium producer Shandong Weiqiao, and Guineas government won a $14 billion government tender in November 2019 to


Mining News - Silver Hill offers new Premier prospects
Fri, 16 Oct 2020 04:16:00 GMT
Ascot Resources Ltd. Oct. 8 reported that drilling has tapped high-grade silver mineralization at the aptly named Silver Hill, an exploration target about 2,000 meters northeast of the planned underground development at Big Missouri on the company's Premier gold-silver mine project in Northwest British Columbia. Big Missouri is one of four mine areas slated to deliver ore to the existing...


Mining News - More gold, larger drill program at Estelle
Thu, 15 Oct 2020 18:03:00 GMT
Nova Minerals Ltd. Oct. 5 reported a 3.3-million-ounce gold resource for the Korbel deposit on the companys Estelle gold project in Alaska. According to this updated calculation, Block B at Korbel hosts 291 million metric tons of inferred resource averaging 0.4 grams per metric ton gold. This is roughly a 32% increase over the maiden resource calculated for Korbel in 2019 and Nova expects to...


Five things everyone was talking about at Diggers and Dealers ...
Wed, 14 Oct 2020 18:30:00 GMT
In a year marred by droughts, bushfires, a global pandemic and the resulting economic downturn, Australia hasnt had a lot to be optimistic about in 2020. De Grey Mining managing director Gle


Five things everyone was talking about at Diggers and Dealers ...
Wed, 14 Oct 2020 17:30:00 GMT
De Grey Mining managing director Glenn Jardine has weighed in on the hottest topics in Australian mining at the Diggers and Dealers mining forum in Kalgoorlie, including the Western Australian borde


Coal the latest commodity to suffer from ongoing spat between ...
Tue, 13 Oct 2020 23:28:00 GMT
Chinese ports are remaining tight lipped about multiple reports suggesting Australian coal imports have been banned. A host of media titles including Bloomberg, Platts and Argus have said Beijing has


BREAKING: China's steel mills asked to stop importing Australian ...
Tue, 13 Oct 2020 05:37:00 GMT
Chinese power plants and steel mills have been asked by the authorities to stop importing thermal and coking coal from Australia, sources told Fastmarkets on Monday October 12. Utilities companies and


China's iron ore imports boosted by Brazil, Australia supplies
Tue, 13 Oct 2020 05:23:00 GMT
China's iron ore imports in September rose thanks to a combination of a supply lift from major miners and easing port congestion, with the coming months pointing to further solid supplies from key


Brazil mining giant Vale agrees deal with China port to expand ...
Tue, 13 Oct 2020 00:24:00 GMT
Brazilian iron ore mining giant Vale has struck a deal with Chinese state-owned port operator Ningbo Zhoushan Port to create additional capacity to handle iron ore shipments at Shulanghu Port as it


Vedanta says committed to investing in India after failed delisting
Tue, 13 Oct 2020 00:00:00 GMT
Launching the delisting bid to garner approx 134 crore shares was indeed a mammoth task. We saw enthusiastic participation by our shareholders that took us within striking distance of our goal, short by only 7 per cent, Vedanta Resources, the parent firm of Vedanta Ltd, said in a statement.



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