Economic & Industrial

Mining News Pro - The tin market is under greater pressure from an economic slowdown and falling demand than supply issues, where lower production from countries such as Myanmar is likely to be offset by a new project in central Africa.

Mining News Pro - Encounter Resources has welcomed Silver Lake Resources as a shareholder as part of plans to raise funds for its Paterson province project in Western Australia.

Mining News Pro - Chile’s economic activity rose 2.3% in May from the same month a year ago, the central bank said on Friday, as the top copper producer´s crucial mining sector continued to lag.

Mining News Pro - Kalium Lakes has received another credit approval from German KfW IPEX-Bank for $102 million of funding for the Beyondie sulphate of potash project (BSOPP) in Western Australia.

Mining News Pro - Moody’s forecast for the global base metals industry is stable, while it predicts performance to weaken over the next year and a half, Mining Weekly reported Monday.

Mining News Pro - The Queensland Resources Council (QRC) and the Greater Whitsunday Council of Mayors will work together to further boost resources jobs in the region

Mining News Pro - China’s Ansteel has informed Gindalbie Metals that its $25 million purchase of the company is final, allowing the iron ore company to demerge from subsidiary Coda Minerals.

Mining News Pro - National Iranian Copper Industry Company will invest in new fields of Kerman for production boom.

Mining News Pro - German utility RWE AG is reviewing damage done by environmental campaigners who accessed the company’s Garzweiler open-pit mine in Germany’s Rhineland on Saturday.

Mining News Pro - OZ Minerals is embarking on an energy-focused project with six other notable industry organisations called the Energy and Mining Collaboration (EMC).

Mining News Pro - Annual summit of Khouzestan Steel Company has been held with the presence of members of the board, representatives of Iranian Privatization Organization and Tehran Stock Exchange.

Mining News Pro - Rolls-Royce Power Systems and XCMG, the multinational heavy machinery manufacturing company based in Jiangsu, China, have formed a strategic cooperation alliance to further develop the Chinese domestic and export mining equipment markets, providing optimised solutions to customers worldwide.

Mining News Pro - Rio Tinto and its lead technology partner on the AutoHaul™ project, Hitachi Rail STS, joined together today to celebrate the successful deployment of the world’s first automated heavy-haul long distance rail network.

Mining News Pro - Saracen Minerals has made an off-market offer to acquire Western Australia-based gold miner Bligh Resources.

Mining News Pro - Great Bear Resources of Vancouver is raising $5.5 million to extend its current drill program at the Dixie property to 90,000 metres. That is a 50% increase over the originally planned 60,000 metres.

Mining News Pro - Rio Tinto has supported the Graham (Polly) Farmer Foundation (GPFF) and Western Australia’s minister for education and training in opening the Karratha science, technology, engineering and maths (STEM) centre for Indigenous students in the Pilbara.

Mining News Pro - Outotec has signed a contract with Baikal Mining Co for the design and delivery of a greenfield copper concentrator and hydrometallurgical plant for the Udokan project.

Mining News Pro - The price of copper was hammered on Wednesday amid mounting worries about the impact of a trade war between the world’s two largest economies and a global slowdown in manufacturing.

Mining News Pro - Royal Road Minerals’ (TSX-V: RYR) shares jumped over 8% by mid-day Friday, following the announcement of a C$5million ($3.7m) private placement from Agnico Eagle Mines.

Mining News Pro - Iran Minerals Production and Supply Company intends to hold an auction for the mining exploration in Kahdelan, East Azerbaijan Province, Iran.

In Picture