Mining industry news reports.

Iron ore rises as Chinese steel mills resume ramping up output
Wed, 28 Sep 2022 00:00:00 GMT
Iron ore futures rose on Tuesday, with Singapore prices rebounding after two straight sessions of losses, as top steel producer China resumed ramping up output to cash in on increased construction activity during the September-October peak season. Benchmark October iron ore on the Singapore Exchange climbed 1.5% to a session high of $97.05 a tonne, while the September contract rose 0.2% to $98.60. On Chinas Dalian Commodity Exchange, the most-active January iron ore contract DCIOcv1 ended


What does the West Musgrave green light mean for OZ and BHP
Tue, 27 Sep 2022 00:00:00 GMT
OZ Minerals last week received board approval to develop its $1.7 billion West Musgrave copper-nickel project in Western Australia, which is set to generate almost $10 billion over its 24-year operating life.


Weir and STM Minerals to accelerate sustainable mining
Tue, 27 Sep 2022 00:00:00 GMT
The Weir Group PLC (Weir), a global mining technology leader, announces a new alliance with Swiss Tower Mills Minerals AG (STM) in which Weir will market STMs innovative vertical stirred grinding mills for coarse grinding applications world-wide.


Ukraine: Smart Holding buys copper-extracting company
Tue, 27 Sep 2022 00:00:00 GMT
Smart Holding N.V. (the Netherlands) has gained direct control over a minority share in Inter Activ LLC, which in May purchased a special permit to develop the Zalesy-Shmenki copper ore deposit in Volyn region. On September 22, the company bought 24.99% in the LLC. Inter Activ has made an additional issue to increase its statutory


Mining News - Third critical metal zone at Nikolai
Mon, 26 Sep 2022 14:20:00 GMT
Historical core sampling shows third zone of nickel-cobalt-PGM mineralization at Alaska project. Millrock Resources Inc. Sept. 26 reported that resampling of historical core has identified a third zone of nickel, copper, cobalt, and platinum group metals in the Eureka Zone on the company's Nikolai project about 80 miles (130 kilometers) south of Delta Junction, Alaska. Discovered by INCO in...


CIL to ink pacts with BHEL, IOCL and GAIL to set up four coal ...
Fri, 23 Sep 2022 00:00:00 GMT
Through gasification process, coal is converted into syngas -- a fuel gas -- which can be used in downstream production of value added chemicals. The government aims to achieve 100 million tonnes of coal gasification in the next eight years in order to reduce the import of crude oil which is otherwise used to produce syngas.


Mining News - Canada to feed a minerals hungry world
Thu, 22 Sep 2022 15:12:00 GMT
Develops strategy to be the world's critical minerals supplier of choice Understanding that the renewable energy and electric vehicle revolution offers a 'generational opportunity for Canada and its world-class mining sector,' Ottawa is leveraging the nation's wealth of critical minerals to become a powerhouse that feeds raw materials into resource-hungry clean energy and...


Ukraine: Avdiivka Coke preparing for winter under fire
Wed, 21 Sep 2022 09:15:45 GMT
Avdiivka Coke and Chemical Works, the machinery of which is being mothballed, under constant shelling is making ready for winter. Coal has been delivered to the company bomb shelters. Supply of new heating boilers is expected. Thus, during shelling the company employees will remain in shelters with some comfort. Coke shops will be cold-mothballed.


Kazakhstan: ban on export of coal by road imposed
Tue, 20 Sep 2022 09:36:46 GMT
A temporary ban has been imposed on the export of coal from Kazakhstan by road. The Ministry of Industry and Infrastructure Development of the republic adopted the corresponding order. The decision was made in connection with the discovery of facts of export of solid fuel intended for the population, communal and social facilities from


Vallourec forecasts continued growth this year
Tue, 20 Sep 2022 00:00:00 GMT
French pipemaker Vallourec continues to foresee positive market dynamics thanks to higher drilling and OCTG prices, driven by global demand recovery and the inflationary environment, the company says in an investors presentation obtained by Kallanish. Thanks to continued improvement in its tube division, particularly in North America, which is forecast to offset lower performance


Ukraine: only own coal to be counted on within 2 years
Fri, 16 Sep 2022 09:41:41 GMT
In the next two years Ukraine will have to count on its own coal manufacture only, despite the fact that following the Russian invasion a quarter of state mines has been occupied. The Minister of Energy German Galuschenko has noted the heroism of employees who despite constant enemy shelling continue working in mines and


ResponsibleSteel releases new, tougher accreditation standards
Wed, 14 Sep 2022 00:00:00 GMT
The ResponsibleSteel accreditation coalition has released a new set of environmental, social, and governance standards to help the industry meet its long-term sustainability goals, Kallanish learns from an organisation release. The revised and more stringent standards will provide leaders in the steel industry with an immediate opportunity to showcase how they are driving dow



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