Chinese investors snap up copper, gold stocks to drive 10% gains
Chinese investors are snapping up stocks tied to high-flying metals from copper to gold, aiding an onshore market facing an uphill battle to cement a nascent rebound.
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Visit: 86
Criminals’ attempt to kidnap Peruvian miners quashed
The Pataz Unified Command, whose members hail from the National Armed Forces and the National Police, detained three men in their mid-to-late twenties, who attempted to kidnap a group of miners in the La Libertad region, northwestern Peru.
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Visit: 81
UK grid asks coal reserve to prepare as cold snap looms
Mining News Pro - The UK’s grid operator asked one coal-fired power unit to be ready to generate power as it seeks to boost electricity supplies during a cold snap.
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Visit: 252
De Beers Canada receives fine for 2017 Snap Lake diesel spill
Mining News Pro - De Beers Canada has been fined C$350,000 by Canada’s Environment and Climate Change ministry for a diesel spill at the Snap Lake diamond mine in Northwest Territories.
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Visit: 682
Europe snaps up coal from abroad to fill gap left by Russia
Mining News Pro - A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted stockpiles.
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Visit: 637
Looks like there’s a whale snapping up gold bullion below $1,800
Mining News Pro - Spot gold is again bobbing along near $1,800 an ounce, as it has been since mid-2020. The stickiness of that level, particularly as fundamentals turned more bearish, suggests there’s a big buyer somewhere in these waters.
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Visit: 815
Image snaps up mineral sands mining lease
Mining News Pro - Image Resources has snagged a mining lease for its Atlas mineral sands project in Western Australia as the life of its Boonanarring project edges closer to ending.
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Visit: 605
Agnico snaps up Nunavut miner TMAC in $226m deal
Mining News Pro - Only two weeks after the federal government blocked a takeover of struggling Nunavut gold miner TMAC Resources by China’s Shandong Gold Mining, TMAC has found itself in the arms of a Canadian white knight – Agnico Eagle Mines.
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Visit: 747
Sandvik to snap up DSI Underground
Mining News Pro - Sandvik is set to acquire global mining solutions provider DSI Underground for €943 million ($1.5 billion).
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Visit: 640
Macmahon snaps up Pantoro, Foxleigh contracts
Mining News Pro - Macmahon subsidiary GBF has secured a $20 million contract extension with Pantoro for the Wagtail and Nicolsons underground gold operations in Western Australia.
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Visit: 578
Aurelia snaps up $200m Dargues gold mine
Mining News Pro - Aurelia Metals is set to acquire the recently commissioned Dargues underground gold mine in New South Wales from Diversified Minerals for up to $205 million.
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Visit: 576
Copper price snaps back as China imports soar 81%
Mining News Pro - Copper futures prices rebounded sharply on Monday on the back of a surge in Chinese imports of the metal widely used in industry and construction.
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Visit: 552
China snaps up steel as pandemic creates two-speed global market
Mining News Pro - China’s steel buyers have pounced on cheap offers from around the world to feed buoyant demand at home, with flows to the biggest market reaching levels unseen since the global financial crisis.
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Visit: 1026
Indian Steel Market Snapshot
Mining News Pro - Indian secondary steel prices remained on downtrend during the week-10 due to limited inquiries and improved supply. Also, the lifting of finished products remained slow.
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Visit: 921
Implats restarts drilling at Sunday Lake following NAP deal
Mining News Pro - Impala Platinum (Implats) has resumed drilling at the Sunday Lake platinum-palladium (PGM) property in Ontario following the completion of its acquisition of North American Palladium (NAP) last month.
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Visit: 759
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian steel prices drop further during the week-46 (9-16th Nov`19) on account of poor lifting and lessened inquiries. As per mid sized mills, this week demand was not upto the mark, hence the prices drop slightly.
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Visit: 906
Base metals snapshot: Eight companies advancing projects around the globe
Mining News Pro - As the global demand for base metals grows, the mining industry is on the hunt for new deposits that can be developed into operating mines. Here are eight companies with significant projects in the space.
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Visit: 994
Global Exploration Snapshot: The Americas, West Africa and Australasia remain popular
Mining News Pro - While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. A look at eight majors and juniors exploring for gold worldwide.
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Visit: 929
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian domestic steel prices declined during the week - 43 (22-27 Oct) of 2018. The prices fall in line with poor domestic & export demand.
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Visit: 1264
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian Iron & Steel prices remain on down trend during the week-41 (8th-13th Oct`18) on slack demand. As per participants, the buyers have lower their purchases due to constant fall in prices amid festive mood.
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Visit: 1223
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian Steel prices were down trend during the Week -40 (1st-6th Oct`18) over limited spot trades amid robust supply. However by the end of week, the prices have started to gain momentum with better demand from the domestic mills.
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Visit: 1359
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian Iron & Steel market remained on down trend during the Week-38 (17-22 Sep’18) owing to lack of domestic demand & Improved supply of Semis products.
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Visit: 1105
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian steel prices rally during the Week 36 (1-8 Sept’18) on improve domestic demand & rising raw material prices. The producers claimed that, the consistent increase in raw materials has pushed up the input cost, also as the demand has improved, the steel prices soared.
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Visit: 1115
Copper snaps 5-day losing streak as dollar steadies
Mining News Pro - trade tensions escalate as deadline looms
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Visit: 746
Indian Steel Market Weekly Snapshot
Mining News Pro - Indian steel prices increased sharply during the Week 34 (20-25 Aug) on improved domestic demand and supply concern of raw materials.
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Visit: 1145