Mining Industry

Mining News Pro - Labor unions at Chile’s Chuquicamata copper mine voted on Saturday to reject the latest contract offer of government-controlled mining company Codelco, and to continue the week-long strike at the sprawling production site.

Mining News Pro - Ispat and Godawari Company recently inked a contract for exporting pellet to China.

Mining News Pro - SL Mining, a wholly owned subsidiary of Gerald Group, has announced the first shipment of iron ore concentrate, branded ‘Marampa Blue’, set sail on MV Cooper from Freetown Port (Queen Elizabeth II) in Sierra Leone on June 16.

Mining News Pro - Vancouver-based Northern Dynasty Minerals, sole owner of the Pebble project 300 km from Anchorage, has arranged a US$5 million bought deal financing that will allow it to continue the 2019 field program and complete the environmental impact statement for the world’s largest undeveloped copper-gold deposit.

Mining News Pro - Jervois Mining today completed its previously announced merger with M2 Cobalt Corp. of Vancouver following receipt of approvals from both M2 Cobalt shareholders and the B.C. Supreme Court.

Mining News Pro - Toronto-based Seabridge Gold is sending exploration crews back to the KSM site 65 km northwest of Stewart. They will be testing three different areas.

Mining News Pro - Cobalt 27 Capital Corp. has reached an agreement with Swiss-based Pala Investments whereby Pala will acquire 100% of Cobalt 27’s common shares. Cobalt 27 shareholders will receive $5.75 per share – $3.57 in cash and $2.28 in shares of a new company to be called Nickel 28 Capital Corp.

Mining News Pro - Hindustan Copper is focusing on re-opening its closed mines and expand existing ones in its quest to increase ore production five times from the current level of 4.1 Mt/y to 20 Mt/y by 2025.

Mining News Pro - Pilbara Minerals has achieved record production at its Pilgangoora lithium-tantalum project in Western Australia during May with its stage one plant capacity reaching 85 per cent.

Mining News Pro - Fortescue Metals Group has enlarged its foothold in South Australia by embarking on two joint venture (JV) agreements in copper and gold through its subsidiary FMG Resources.

Mining News Pro - AVZ Minerals has struck a strategic partnership with the world’s largest manufacturers of cobalt chemicals to advance its Manono lithium and tin project in the Democratic Republic of Congo.

Mining News Pro - The UK government will fund a study to assess the feasibility of developing a British lithium supply. A consortium comprising the Natural History Museum, explorer Cornish Lithium and mining consultancy firm Wardell Armstrong.

Mining News Pro - Copper prices touched their highest in two weeks on Tuesday, lifted by hopes that top consumer China will pump money into building metals-intensive infrastructure.

Mining News Pro - Hormozgan Steel Company is the second largest steel making company with 95 hectares that is located in the west of Bandar Abbas.

Mining News Pro - Zenith Minerals has sold its Mt Alexander magnetite iron project in Western Australia to Mount Alexander Iron Ore (MAIO) for $2.75 million.

Mining News Pro - Rio Tinto has released details of encouraging intercepts at the Winu copper-gold discovery in the Paterson province, Western Australia.

Mining News Pro - Solutions will be implemented to solve long-standing environmental issues associated with waste dumps left behind at the Anaconda copper mine site after the company of the same name shut down operations in 1978 and following Arimetco’s takeover and abandonment of the site in 1999.

Mining News Pro - Capstone Mining Corp. (TSX: CS) announced Tuesday it has entered into an agreement to sell its 100% interest in the Minto copper mine to Pembridge Resources PLC (LON:PERE). Capstone has reportedly been working on a sale as early as February 2018.

Mining News Pro - Esfahan Steel’s Deputy of Operation said: “In the first two months, export rate was exactly what we expected and it is expected that the production of cast iron and the exports of the company will continue growing until the end of the year.”

Mining News Pro - Canadian-based E3 Metals has confirmed the successful production of lithium hydroxide from brine originating from its Alberta lithium project .