Mining industry news reports.

As Indian steel production takes off, its metallurgical coal ...
Tue, 03 Oct 2023 00:00:00 GMT
A new report by IEEFA India and JMK Research and Analytics demonstrates why Australian metallurgical coal miners shouldnt get overexcited by the outlook for exports to the subcontinent. India is seen by coal miners as the key future export destination, with steel demand set for significan't growth as Chinese demand enters permanent decline. Much of Indias planned increase in steel making capacity is based on coal-consuming blast furnaces. But Indias energy security concerns will steer it


Uzbekistan: $2.55-billion financing approved for AGMK
Tue, 03 Oct 2023 00:00:00 GMT
During the official visit of the Uzbekistan president to Germany, an agreement with KfW-IPEX Bank was signed to construct a new copper-smelting complex worth $2.55 billion. The construction is being carried out under an investment project Developing the Yoshlik I deposit according to the decree of the president On additional measures to expand the manufacture


NTPC logs 83% growth in coal output in first half of this fiscal
Tue, 03 Oct 2023 00:00:00 GMT
State-run power company NTPC has reported an 83% increase in coal production in the April-September period of this financial year compared to the same period last year. The company achieved a coal production of 16.05 million metric tonnes during this period, compared to 8.76 million metric tonnes in the previous year.


NMDC's iron ore production rises 10 pc in September
Tue, 03 Oct 2023 00:00:00 GMT
State-owned miner NMDC Ltd reported a 9.8% increase in iron ore production to 3 million tonnes in September, compared to 2.73 million tonnes in the same period last year. Sales also increased to 3.11 million tonnes from 2.91 million tonnes. NMDC's iron ore production for the April-September period rose to 19.56 million tonnes, up from 16.18 million tonnes in the corresponding period of the previous fiscal year.


Ukraine: PGOK board chairman arrested
Fri, 29 Sep 2023 09:24:00 GMT
Pecherskiy Court of Kyiv has arrested Victor Lotous, Poltava Mining and Processing Works board chairman, with an alternative of a bail of UAH 999.991 million. PGOK belongs to Konstantin Zhevago. A claim has also been sent to extract Zhevago from France. According to investigation, the enterprise was selling crushed stone made of ferruginous quartzites


Coking coal rates pushing up steel prices in India: JSP MD Bimlendra ...
Fri, 29 Sep 2023 00:00:00 GMT
Steel prices in India are registering an upward trend due to rapidly increasing rates of key input material coking coal, industry executive Bimlendra Jha said. Coking coal and iron ore are the two main raw materials used to manufacture steel. While iron ore is available in substantial quantity in India, steel players are bound to meet 90 per cent of their coking coal requirement through imports from countries like Australia and South Africa. Coking coal prices have increased rapidly


Mining News - Trilogy finds zinc-rich zone at Helpmejack
Thu, 28 Sep 2023 14:45:00 GMT
Trilogy Metals Inc. Sept. 27 reported that stream sediment and rock sampling has identified two zinc-enriched volcanogenic massive sulfide targets on the Helpmejack project toward the eastern end of the Ambler schist belt in Alaska. Lying about 110 miles southeast of the world-class Arctic VMS deposit being advanced by Ambler Metals LLC, a joint venture owned equally by Trilogy and South32 Ltd.,...


Uzbekistan: Almalyk launches unique ferromolybdenum manufacture
Thu, 28 Sep 2023 00:00:00 GMT
Almalyk Mining and Processing Works has implemented a new technique to produce ferromolybdenum. Ferromolybdenum powder is made on the basis of processing molybdenum-containing wastes originating when producing molybdenum. Ferromolybdenum is an alloy containing 50-70% of molybdenum. The company has launched the manufacture of 2 thousand kg of ferromolybdenum per month. So far, 5500 kg has


In 2023, the Demand for Aluminium Sandwich Panels is Expected ...
Thu, 28 Sep 2023 00:00:00 GMT
The Aluminium Association Predicts a 300% Increase in Consumption of Aluminium Clad Sandwich Panels in 2023, Reaching 200,000 m2 and Accounting for 4% of the Corrosion Resistant Sandwich Panel Market. Using Aluminium in Sandwich Panels Doubles the Lifespan of Enclosing Structures and Provides Protection Against Through Corrosion Compared to Galvanised Solutions. Demand for Such an Innovative Product is Set to Grow. The Reason is Simple - Resource Economy. Using Aluminium Reduces Ownership


Mining News - Drill cuts 0.5m of 50% copper at Thunder
Tue, 26 Sep 2023 14:52:00 GMT
American West Metals Ltd. Sept. 26 reported that assays from three deep holes drilled at Storm confirm a new zone of near-surface, high-grade copper at the Thunder discovery, along with a large zone of deeper sediment-hosted copper mineralization associated with large gravity anomalies on this northern Nunavut project. The company's 2023 program involves reverse circulation drilling focused...


Kyrgyzstan: Cabinet ready to cooperate with business in solving ...
Fri, 22 Sep 2023 00:00:00 GMT
Chairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov and experts of the International Business Council (IBC) discussed problematic issues of the mining industry. Representatives of the IBC voiced at the meeting with the head of the Cabinet such problematic issues of the industry as a ban on the export of gold-containing ores and


Ukraine: first batch of uranium shipped to Canada
Fri, 15 Sep 2023 09:37:42 GMT
Ukraine has shipped its first batch of uranium to Canada under an agreement signed between Energoatom and Cameco. The agreement presupposes the supply of all uranium extracted by Vostochniy Mining and Processing Works to Canada and its further conversion into natural uranium hexafluoride (UF6). Such a process is necessary to prepare uranium for its



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