Economic & Industrial

Mining News Pro - AngloGold Ashanti continues to deliver on its strategy, with interim CEO Christine Ramon saying the company expects to achieve continued progress guided by a “rigorous capital allocation framework and buoyed by strong momentum from ore reserve conversion”.

Mining News Pro - The Barrick Alliance approved a $4-million budget, solely funded by Barrick Gold, to complete the 2021 exploration programs planned for 29 projects in Japan.

Mining News Pro - Canada has sizeable potential to be one of the upstream leaders of the lithium-ion battery ecosystem that the world is building, says Benchmark MD Simon Moores, who will be appearing in front of the House of Commons on Monday.

Mining News Pro - Deputy purchase of Esfahan Steel Company believes that sine diagram of raw material supply will make many problems for this company.

Mining News Pro - Currently, Mobarakeh Steel has a 20% share of the flat steel sheet market in the region.

Mining News Pro - Diversified miner Anglo American, financial services provider Absa and automotive manufacturer Ford have contributed a collective R70-million to support government`s fight against gender-based violence and femicide.

Mining News Pro - Australian Parliament has passed the Native Title Legislation Amendment Act 2020, which allows a native title to impose conditions for land use agreements.

Mining News Pro - Despite the negative impacts that Covid-19 has brought to the world, it has also had positive impacts, such as the acceleration of Fourth Industrial Revolution- (4IR-) type technology adoption, particularly in the mining industry.

Mining News Pro - Almost half of the mining industry’s workforce is considering a move to renewables, according to a recruitment report.

Mining News Pro - A brewing war to set a mining base in space is likely to see China and Russia joining forces to keep the US increasing attempts to dominate extra-terrestrial commerce at bay, experts warn.

Mining News Pro - South Africa`s mining industry estimates it will cost around R300-million to help the government roll out Covid-19 vaccines to mineworkers and community members as the country battles a surge in infections, the industry body told Reuters on Thursday.

Mining News Pro - Australia’s mining workforce has continued a steady climb in numbers, with national coal mining employment reaching a record high, according to data from the Australian Bureau of Statistics (ABS).

Mining News Pro - BHP and Rio Tinto have managed the impact of the COVID-19 pandemic to remain two of Australia’s most valuable brands in Brand Finance’s Australia’s 100 report.

Mining News Pro - The mines ministry plans to do the same through amendment of the mining rules and has sought comments and suggestions from stakeholders on the same.

Mining News Pro - Turkey aims to increase its domestic gold production to 100 t/y or more in the next five years, Energy Minister Fatih Donmez said on Monday.

Mining News Pro - The evaluation of the 28 bids received under South Africa’s Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) is anticipated to be concluded by February 2021, the IPP Office has confirmed with Engineering News.

Mining News Pro - The Argentine Chamber of Mining Entrepreneurs (CAEM in Spanish) reported that the country’s mining output fell by 70% y-o-yin 2020 due to the effects of the covid-19 pandemic.

Mining News Pro - Anew multi-partner initiative has been launched with the aim of defining the role that finance can and should play in supporting both South Africa and India’s aspirations to implement “just transitions” to more climate-resilient economies.

Mining News Pro - Minister of mine, industry and trade said that currently we are in an economic war and the investors must try their best for economy boom and employment.

Mining News Pro - China is considering accepting some stranded Australian coal cargoes, an effort that would help ease a logjam of vessels that have stacked up off its coast for months.

In Picture