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.

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.

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.

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.

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.

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.

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.

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.

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).

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Copper snaps 5-day losing streak as dollar steadies

Mining News Pro - trade tensions escalate as deadline looms

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.

Esfahan Mobarakeh Steel co.
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chadormalu Co.
ghadir neiriz co
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sangan steel
ahan o fulad golgohar