Mining News Agency | Other https://www.miningnews.ir Chinese miners eye overseas deals after battery metals slump https://www.miningnews.ir/En/News/628172/Chinese-miners-eye-overseas-deals-after-battery-metals-slump Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them lower. Now, with many Western rivals cutting output or shutting down entirely, they want to get even bigger. fa-IR 2024/03/26 22:08:59 Northvolt starts battery plant work in win for Europe’s industry https://www.miningnews.ir/En/News/628170/Northvolt-starts-battery-plant-work-in-win-for-Europe’s-industry Northvolt AB is starting construction of a €5 billion ($5.4 billion) battery plant in northern Germany to supply electric cars, capping an intense lobbying effort under newly relaxed European Union state aid rules. fa-IR 2024/03/26 22:04:16 Cocoa is more expensive than copper as it tops $9,000 https://www.miningnews.ir/En/News/628168/Cocoa-is-more-expensive-than-copper-as-it-tops-9000 Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9,000 for the first time ever — as a supply crunch grips the market and chocolate makers grapple for beans. fa-IR 2024/03/25 21:59:50 Iron ore price edges higher on hopes of China’s demand recovery https://www.miningnews.ir/En/News/628166/Iron-ore-price-edges-higher-on-hopes-of-China’s-demand-recovery Iron ore futures edged higher on Monday, supported by hopes of further recovery in demand in top consumer China and Beijing’s pledge to support its struggling property market. fa-IR 2024/03/25 21:56:17 Iron ore hit by fresh selling as traders fret over China demand https://www.miningnews.ir/En/News/628162/Iron-ore-hit-by-fresh-selling-as-traders-fret-over-China-demand Iron ore futures tumbled in Singapore, extending a stretch of volatile trading amid deepening anxiety over Chinese demand. Base metals also fell. fa-IR 2024/03/25 21:47:28 Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2 https://www.miningnews.ir/En/News/628156/Africa-to-play-‘huge-role’-in-US-critical-mineral-strategy-says-Treasury’s-No-2 The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia’s influence over the market for other minerals, US Deputy Treasury Secretary Wally Adeyemo said on Thursday. fa-IR 2024/03/14 22:44:33 A golden reopening for Bellevue https://www.miningnews.ir/En/News/628141/A-golden-reopening-for-Bellevue Western Australian Mines and Petroleum Minister David Michael attended the formal opening of Bellevue Gold’s namesake mine yesterday. fa-IR 2024/03/12 21:24:06 Gold output falls in Burkina Faso as terrorist attacks increase https://www.miningnews.ir/En/News/628138/Gold-output-falls-in-Burkina-Faso-as-terrorist-attacks-increase Gold production in Burkina Faso declined last year as deteriorating security conditions in the West African nation forced some mines to shut. fa-IR 2024/03/12 21:19:51 Fleet Space, Stanford University’s Mineral-X team up to advance space-enabled climate innovation https://www.miningnews.ir/En/News/628089/Fleet-Space-Stanford-University’s-Mineral-X-team-up-to-advance-space-enabled-climate-innovation Australia-based Fleet Space Technologies, developer and operator of microsatellites, announced Monday that it has been named an industrial affiliate of Stanford University’s Mineral-X program — a research organization combining expertise in geoscience, resource optimization and artificial intelligence (AI) to enable a decarbonized mineral supply chain. fa-IR 2024/03/04 00:18:51 Northam CEO says South African platinum miners facing worst crisis in decades https://www.miningnews.ir/En/News/628083/Northam-CEO-says-South-African-platinum-miners-facing-worst-crisis-in-decades Northam Platinum’s CEO said on Friday that platinum mining companies in South Africa, the world’s top supplier of the metal, are facing “severe” market conditions and are caught up in the worst crisis in three decades as prices plummet. fa-IR 2024/03/01 22:44:15 Anglo spinoff breeds fish to restock rivers after massive toxic spill https://www.miningnews.ir/En/News/628057/Anglo-spinoff-breeds-fish-to-restock-rivers-after-massive-toxic-spill In a South African first, a project funded by one of the country’s biggest coal mining companies has begun repopulating a river system with fish after a catastrophic spill from a disused coal mine. fa-IR 2024/02/27 19:36:17 Oil and gas upstream M&A deal value hits highest Q1 levels since 2017 https://www.miningnews.ir/En/News/628058/Oil-and-gas-upstream-MA-deal-value-hits-highest-Q1-levels-since-2017 An ongoing consolidation in the US shale industry has driven up global M&A deal value in the oil and gas exploration sector to its highest first-quarter level in seven years, industry experts said. fa-IR 2024/02/26 19:37:40 Nippon Steel’s China assets raise concerns over US deal https://www.miningnews.ir/En/News/628043/Nippon-Steel’s-China-assets-raise-concerns-over-US-deal President Joe Biden’s administration is examining Nippon Steel Corp.’s connections to China, people familiar with the matter say, a potential stumbling block for the Japanese giant’s politically contentious deal to acquire American rival United States Steel Corp. fa-IR 2024/02/22 22:36:44 Osino-Dundee deal falls through after third-party superior bid https://www.miningnews.ir/En/News/628032/Osino-Dundee-deal-falls-through-after-third-party-superior-bid Canada’s Dundee Precious Metals is walking away from its proposed takeover of Osino Resources after the target company said on Monday it had received a superior offer from a foreign-based mining company. fa-IR 2024/02/20 19:41:10 Polymetal to drop out of top 10 gold miners on Russia sale https://www.miningnews.ir/En/News/628021/Polymetal-to-drop-out-of-top-10-gold-miners-on-Russia-sale Polymetal International Plc will no longer rank among the world’s top 10 gold miners by output after the sale of its Russian business, which was sanctioned by the US last year due to the invasion of Ukraine. fa-IR 2024/02/19 19:19:11 Guinea talks carbon tax on mines as it seeks $4.3 billion loans https://www.miningnews.ir/En/News/628011/Guinea-talks-carbon-tax-on-mines-as-it-seeks-43-billion-loans Guinea is planning to introduce a carbon tax on mining companies as it started talks with United Arab Emirates investors to raise $4.3 billion to fund development projects. fa-IR 2024/02/16 21:23:28 Palladium price heads for biggest one-day gain in two months on short covering https://www.miningnews.ir/En/News/628003/Palladium-price-heads-for-biggest-one-day-gain-in-two-months-on-short-covering Palladium rose by 8% on Wednesday, regaining a premium against its sister metal platinum, as some investors covered their short positions after the volatile metal held above the $900 level. fa-IR 2024/02/15 17:14:08 Canada to accelerate critical mineral mining https://www.miningnews.ir/En/News/628000/Canada-to-accelerate-critical-mineral-mining Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, energy minister Jonathan Wilkinson told Reuters on Tuesday. fa-IR 2024/02/14 16:36:10 BHP supports women and children in need https://www.miningnews.ir/En/News/627992/BHP-supports-women-and-children-in-need BHP has shown up to support vulnerable women and children with a $CAD500,000 ($571,050) donation to the YWCA Saskatoon Hope Lives Here campaign. fa-IR 2024/02/14 16:19:10 Uranium developers say supply jolt is boosting new projects https://www.miningnews.ir/En/News/627987/Uranium-developers-say-supply-jolt-is-boosting-new-projects Uranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts. fa-IR 2024/02/13 16:12:15 Rare earths prices seen rebounding in second half of 2024 https://www.miningnews.ir/En/News/627957/Rare-earths-prices-seen-rebounding-in-second-half-of-2024 Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind powerand as dominant producer China is expected to pull back on expanding output quotas, analysts said. fa-IR 2024/02/05 14:20:33 Vietnam rare earths output drops as China’s grows, US says https://www.miningnews.ir/En/News/627953/Vietnam-rare-earths-output-drops-as-China’s-grows-US-says The US geological agency has sharply revised down estimates on Vietnam’s rare earths output and expects a further drop despite its rich resource base, according to an annual report, which showed a rise in dominant producer China’s output. fa-IR 2024/02/01 23:11:56 Metals sanctions are dividing the biggest traders and banks https://www.miningnews.ir/En/News/627951/Metals-sanctions-are-dividing-the-biggest-traders-and-banks The latest UK sanctions on Russia are creating new faultlines across the global metals world, in the latest example of how the fallout from the war in Ukraine continues to ripple through commodity markets while creating opportunities for those willing to navigate the restrictions. fa-IR 2024/02/01 23:08:57 Uranium stocks extend surge after Kazakh miner cuts output https://www.miningnews.ir/En/News/627945/Uranium-stocks-extend-surge-after-Kazakh-miner-cuts-output Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target. fa-IR 2024/01/31 22:58:35 Australia’s resources minister seeks investment from Korea, Japan https://www.miningnews.ir/En/News/627940/Australia’s-resources-minister-seeks-investment-from-Korea-Japan Australia’s resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a “prospectus” of 52 investment ready critical minerals projects. fa-IR 2024/01/29 21:48:53 Copper market a ‘powder keg’ ready to explode, says Friedland https://www.miningnews.ir/En/News/627918/Copper-market-a-‘powder-keg’-ready-to-explode-says-Friedland The physical market for copper is “very, very tight and now in deficit”, and with the Federal Reserve rate cut on the horizon, the metal is set to explode this year, said Robert Friedland in an interview with Bloomberg this week. fa-IR 2024/01/26 22:34:00 Bolivia launches new international tender for lithium extraction https://www.miningnews.ir/En/News/627913/Bolivia-launches-new-international-tender-for-lithium-extraction Bolivia’s government has launched a new international tender for companies to extract lithium from the country’s salt flats, the energy minister said on Friday. fa-IR 2024/01/26 22:27:24 Plane carrying Rio Tinto workers crashes in Canada’s Northwest, six dead https://www.miningnews.ir/En/News/627903/Plane-carrying-Rio-Tinto-workers-crashes-in-Canada’s-Northwest-six-dead A small plane carrying Rio Tinto (ASX, LON: RIO) workers crashed near Fort Smith in Canada’s remote Northwest Territories on Tuesday during a flight to its Diavik diamond mine, killing six people on board. fa-IR 2024/01/24 23:33:24 Bluestone stock soars on open-pit OK for Guatemalan gold https://www.miningnews.ir/En/News/627880/Bluestone-stock-soars-on-open-pit-OK-for-Guatemalan-gold Shares in Bluestone Resources (TSXV: BSR) doubled after Guatemala approved a plan to change the contentious Cerro Blanco gold project to an open-pit operation from underground as the company considers selling it. fa-IR 2024/01/19 19:10:23 Canada gives mineral-rich Arctic region of Nunavut control over its resources https://www.miningnews.ir/En/News/627876/Canada-gives-mineral-rich-Arctic-region-of-Nunavut-control-over-its-resources Canada on Thursday formally gave the giant Arctic territory of Nunavut control over its reserves of gold, diamonds, iron, cobalt and rare earth metals, a move that could boost exploration and development. fa-IR 2024/01/19 19:04:39 China’s 2023 iron ore imports hit a record high on rising demand https://www.miningnews.ir/En/News/627858/China’s-2023-iron-ore-imports-hit-a-record-high-on-rising-demand China’s iron ore imports in 2023 hit a record high, up 6.6% from a year before, customs data showed on Friday, thanks to stronger demand amid a lack of government-mandated steel output caps and higher-than-expected steel exports. fa-IR 2024/01/12 22:08:53 Billionaire Forrest vows to speed Australia clean power push https://www.miningnews.ir/En/News/627853/Billionaire-Forrest-vows-to-speed-Australia-clean-power-push Billionaire Andrew Forrest pledged to develop 14 gigawatts of new clean power projects in Australia by 2030, offering a boost to the nation’s efforts to accelerate investments in renewable energy. fa-IR 2024/01/12 22:00:26 China copper smelter margins squeezed by tight supply of raw material https://www.miningnews.ir/En/News/627851/China-copper-smelter-margins-squeezed-by-tight-supply-of-raw-material Competition for mined copper supplies is expected to intensify, further eroding margins for Chinese firms that produce half the world’s refined copper, but significant output cuts that tighten the metal market are unlikely. fa-IR 2024/01/12 21:57:57 Zimbabwe rescues all 15 trapped miners alive https://www.miningnews.ir/En/News/627831/Zimbabwe-rescues-all-15-trapped-miners-alive Rescuers on Sunday pulled out all 15 subsistence mine workers who were trapped in an underground shaft at Redwing mine in Zimbabwe after it collapsed on Thursday, a government spokesman said. fa-IR 2024/01/08 21:44:26 Biden extends EU steel, aluminum tariff exemption for 2 years https://www.miningnews.ir/En/News/627813/Biden-extends-EU-steel-aluminum-tariff-exemption-for-2-years Mining News Pro - US President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminum for two years to continue negotiations on measures to address overcapacity and low-carbon production. fa-IR 2023/12/31 22:17:22 Iron ore rises on upbeat Chinese industrial data https://www.miningnews.ir/En/News/627793/Iron-ore-rises-on-upbeat-Chinese-industrial-data Mining News Pro - Dalian iron ore futures rose for the second consecutive session on Wednesday, as market participants reacted to robust industrial data amid expectations of economic stimulus and robust Chinese demand. fa-IR 2023/12/27 20:50:18 US claims huge chunk of seabed amid strategic push for resources https://www.miningnews.ir/En/News/627791/US-claims-huge-chunk-of-seabed-amid-strategic-push-for-resources Mining News Pro - The US extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to safeguard supplies of minerals key to future technologies. fa-IR 2023/12/24 22:11:46 Russia says it will have no trouble skirting latest EU sanctions https://www.miningnews.ir/En/News/627778/Russia-says-it-will-have-no-trouble-skirting-latest-EU-sanctions Mining News Pro - Russia said on Tuesday it would have no difficulty skirting the latest package of EU economic sanctions, which notably target its diamond exports. fa-IR 2023/12/19 22:38:23 India in talks with Argentina, Bolivia to acquire lithium assets https://www.miningnews.ir/En/News/627777/India-in-talks-with-Argentina-Bolivia-to-acquire-lithium-assets Mining News Pro - India is at an advanced stage of discussions with Argentina to acquire lithium blocks, the country’s top bureaucrat in the mining ministry said on Tuesday. fa-IR 2023/12/19 22:37:19 US miners miss out on tax credit granted to processors https://www.miningnews.ir/En/News/627765/US-miners-miss-out-on-tax-credit-granted-to-processors Mining News Pro - The US has spelled out new rules for tax credits manufacturers can receive for domestically producing parts necessary for the energy transition — and there’s a clear divide for miners and processors. fa-IR 2023/12/15 23:37:32 US sanctions Russian metals magnate Sviblov and gold, zinc firms https://www.miningnews.ir/En/News/627756/US-sanctions-Russian-metals-magnate-Sviblov-and-gold-zinc-firms Mining News Pro - The US imposed sanctions on Russian mining magnate Vladislav Sviblov and several mining companies connected to him, including one that’s developing one of the world’s largest zinc mines. fa-IR 2023/12/13 01:19:38 Gold mine collapse in Venezuela kills a dozen people https://www.miningnews.ir/En/News/627746/Gold-mine-collapse-in-Venezuela-kills-a-dozen-people Mining News Pro - The collapse of an artisanal gold mine in southeastern Venezuela near an Indigenous community killed at least 12 people, the government announced on Sunday. fa-IR 2023/12/11 22:12:55 The eighteenth visit to Midhco's projects was held this year https://www.miningnews.ir/En/News/627738/The-eighteenth-visit-to-Midhcos-projects-was-held-this-year Mining News Pro - The 18th visit to Midco's projects was held this year with the presence of Ali Asghar Pourmand, CEO of this holding. fa-IR 2023/12/08 16:02:02 NICICO participated in the 2nd Eurasia Expo 2023 https://www.miningnews.ir/En/News/627734/NICICO-participated-in-the-2nd-Eurasia-Expo-2023 Mining News Pro - The second exclusive Eurasia Expo will be held at the permanent location of the Tehran International Exhibition with the presence of the National Copper Industries Company of Iran. fa-IR 2023/12/08 15:37:18 Copper miners, Chinese smelters agree first drop in fees in 3 yrs https://www.miningnews.ir/En/News/627717/Copper-miners-Chinese-smelters-agree-first-drop-in-fees-in-3-yrs Mining News Pro - Global miners on Friday reached agreements with Chinese smelters for a lower copper concentrate treatment and refining charges (TC/RCs) for 2024, the first drop in three years, sources familiar with the matter said. fa-IR 2023/12/01 20:45:32 Australian company revives its push for a controversial coal mine in Alberta https://www.miningnews.ir/En/News/627694/Australian-company-revives-its-push-for-a-controversial-coal-mine-in-Alberta Mining News Pro - A company whose application for a coal mine in Alberta was rejected two years ago is back – with a new name, and an updated request to explore its lease in the eastern foothills of the Rocky Mountains. fa-IR 2023/11/24 21:59:18 EU and US delay key trade meeting amid deadlock in negotiations https://www.miningnews.ir/En/News/627690/EU-and-US-delay-key-trade-meeting-amid-deadlock-in-negotiations Mining News Pro - A trade meeting between the US and European Union due to take place next month is expected to slip to early next year as the two allies remain deadlocked in talks about steel and critical minerals. fa-IR 2023/11/23 22:39:26 China allows a trickle of critical minerals exports ahead of graphite curbs https://www.miningnews.ir/En/News/627686/China-allows-a-trickle-of-critical-minerals-exports-ahead-of-graphite-curbs Mining News Pro - China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a resumption in sales after a two-month hiatus caused by Beijing’s restrictions. fa-IR 2023/11/23 22:31:56 Investors with $11 trillion back plan to reform mining industry https://www.miningnews.ir/En/News/627678/Investors-with-11-trillion-back-plan-to-reform-mining-industry Mining News Pro - Some of the world’s biggest investors are throwing their weight behind a plan to reform the mining industry so it can safely meet the growing demand for minerals and metals needed for the green transition. fa-IR 2023/11/22 23:19:13 Hormozgan Steel won the customer satisfaction award https://www.miningnews.ir/En/News/627726/Hormozgan-Steel-won-the-customer-satisfaction-award Mining News Pro - In the 10th National Customer Satisfaction Summit, a certificate of appreciation was awarded to the CEO of Hormozgan Steel Company. fa-IR 2023/11/17 16:02:35