Economic & Industrial

Mining News Pro - Mining services company Ausdrill is dropping a previously announced refinancing plan due to ongoing heated trade debates between the United States and China.

Mining News Pro - British Columbia’s top mining companies have been on a roller-coaster ride over the past five years, according to data compiled for Business in Vancouver’s Biggest Mining Companies in B.C. list.

Mining News Pro - In a National Resources Statement published in February 2019, the Australian government set out its policy and long-term reform agenda for the country’s resources sector.

Mining News Pro - SIMPEC has been awarded a $10 million contract to build an 800-room camp at Fortescue Metals Group’s Eliwana iron ore project in the Pilbara, Western Australia.

Mining News Pro - Glencore has delivered strong March quarter results despite weather and safety issues affecting production at its Australian mines.

Mining News Pro - First Quantum Minerals of Vancouver has offered an update on progress at the Cobre Panama copper mine as it made 25 tonnes of copper during the first quarter of this year. The project is on track to deliver between 140,000 and 175,000 tonnes in 2019. About 80% of total output will occur in the second half of the year as the mill ramps up to its annual capacity of 72 million tonnes by the end of this year.

Mining News Pro - The Argentinian Chamber of Mining Entrepreneurs issued a report this week stating that it expects mining industry investments to reach $29 billion and employ about 80,000 people in 2019.

Mining News Pro - Copper and most other industrial metals inched higher on Friday, boosted by a retreat in the dollar and hopes that a meeting between the United States and China could help ease damaging trade tensions.

Mining News Pro - ZEN Graphene Solutions (TSXV: ZEN) reported this week that it is collaborating with Constance Lake First Nation to incorporate traditional knowledge into the environmental baseline studies for its Albany graphite project near Thunder Bay, Ontario.

Mining News Pro - Northern Minerals is raising $15 million in funding to develop its Browns Range heavy rare earth pilot plant in Western Australia and to repay research and development costs.

Mining News Pro - CEO Brian Menell offering his predictions for the future production of tech commodities.

Mining News Pro - Job seekers in Queensland can be confident as vacancies are at their highest since January 2014, with a 5.3 per cent rise in March 2019.

Mining News Pro - Shares in Coeur Mining (NYSE: CDE), the second largest primary silver producer in the US, took a 3.9% hit Thursday, after reporting that first quarter 2019 gold and silver production had decreased at three of its five mines. Friday’s gold and silver spot prices were steady at $1,290.33 and $14.98 per ounce.

Mining News Pro - A new report by FocusEconomics on the prospects of commodities this year and next paints a mixed picture.

Mining News Pro - Growing demand for smart thermostats, wind turbines and other high-tech devices is expected to keep copper the dominant material used in electrical components, industry players said, offsetting rising use of aluminum, a cheaper alternative to conduct electricity.

Mining News Pro - Rio Tinto has secured a spot on the annual list of the 50 most innovative companies in the world for its use of artificial intelligence (AI) and platforms, according to Boston Consulting Group (BCG).

Mining News Pro - Diversified major BHP CEO Andrew Mackenzie says that the success of China’s Belt and Road initiative will hinge on cooperation within the international community.

Mining News Pro - Brazilian mining giant Vale announced this weekend that the Sul Superior Dam at the Gongo Soco mine is in a critical condition when it comes to stability. This, following the work of an independent auditor, hired to evaluate the state of the structure.

Mining News Pro - Verisk Maplecroft`s latest Resource Nationalism Index (RNI) report, a total of 30 countries have registered a significant increase in resource nationalism risk metrics over the past year, 21 of which are considered major producers of oil, gas and minerals.

Mining News Pro - Brazilian miner Vale SA said on Tuesday that a local court had cleared the way for it to resume operations at its Brucutu mine, its largest iron ore complex in the state of Minas Gerais, the country`s longtime mining heartland.

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