Ganfeng indefinitely postpones Mexican lithium target date amid gov’t spat
Mining News Pro - A recent government push to cancel Ganfeng Lithium’s concessions has forced the Chinese company to indefinitely postpone its target to start mining the battery metal in Mexico, a company executive told Reuters.
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Visit: 144
China’s Ganfeng indefinitely postpones Mexican lithium target date amid gov’t spat
Mining News Pro - A recent government push to cancel Ganfeng Lithium’s concessions has forced the Chinese company to indefinitely postpone its target to start mining the battery metal in Mexico, a company executive told Reuters.
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Visit: 119
Zambia ends legal spat with Vedanta over seized copper mines
Mining News Pro - Zambia has agreed to end legal action against billionaire Anil Agarwal’s Vedanta Resources Ltd. as President Hakainde Hichilema seeks to revive mining output in the southern African country.
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Visit: 732
China doubles down on slower coal exit after COP26 spat
Mining News Pro - China extended its defense of coal’s future after diluting demands for action at the COP26 climate summit, insisting a transition away from the dirtiest fossil fuel must be gradual.
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Visit: 787
Stranded coal ships in crosshairs of China-Australia spat
Mining News Pro - At least 20 giant bulk carriers are anchored off the Chinese port of Jingtang and unable to offload millions of tons of Australian coal, the latest casualty of the growing diplomatic row between Canberra and Beijing.
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Visit: 572
Chile vows to take Albemarle to arbitration over royalty spat
Mining News Pro - Chilean regulators have accused Albemarle, the world’s largest lithium producer, of underpaying royalties by $11 million and vowed to take the US-based miner to international arbitration over what they called a breach of its contract with the government.
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Visit: 722
Zambia royalty spat halts $2 billion of copper mine projects
Mining News Pro - Copper miners in Zambia have halted $2 billion of planned investments because a royalty tax introduced last year makes the projects unviable, according to an industry lobby group.
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Visit: 689
Zambian royalty spat halts $2bn of copper mine investment
Mining News Pro - Copper miners in Zambia have halted $2-billion of planned investments because a royalty tax introduced last year makes the projects unviable, according to an industry lobby group.
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Visit: 834
DMRE launches procurement process for 2 000 MW of ‘dispatchable’ power
Mining News Pro - The Department of Mineral Resources and Energy (DMRE) has formally initiated the much-anticipated procurement process for 2 000 MW of emergency power under its so-called Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP).
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Visit: 717
Gemfields beefs up security at Moz operation after spate of attacks
Mining News Pro - Gemstone miner Gemfields has suspended all but critical operations at its Montepuez ruby mine (MRM), in Mozambique, as of April 22, with only security, maintenance and other essential services being rendered to ensure the mine can resume normal operations as soon as it is safe and practicable to do so.
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Visit: 730
Pakistan dispatches 6.5% more cement in six months to December 2019
Mining News Pro - Producers increased second-half cement volumes in 2019 by 6.5% year-on-year to 24.8Mt from 23.2Mt between 1 July and 31 December 2018.
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Visit: 943
Recommissioned Aussie mine dispatches first nickel concentrate shipment to China
Mining News Pro - This week, Panoramic Resources sent out the first shipment of bulk nickel/copper/cobalt concentrate from its Savannah mine in Western Australia to Lianyungang, China.
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Visit: 833
Gold eases on firm dollar, investors await clarity on trade spat
Mining News Pro - Gold likely to hold $1,310-$1,320 range this week-analyst.
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Visit: 701
India: Monnet Ispat to Add 100,000 MT Pellets and 50,000 DRI in Merchant Market - Sources
Mining News Pro - Monnet Ispat ramps up production post acquisition by JSW steel. Company plans to sell 100,000 MT Pellets and 40,000-50,000 MT DRI per month in merchant market from November onwards.
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Visit: 1124
India: Godawari Power & Ispat Concludes Pellet Export Deal to China
Mining News Pro - According to market sources report to SteelMint, Central India based pellet maker - Godawari Power & Ispat Ltd. has recently concluded an export deal of 50,000 MT pellet to China. The deal has been concluded at around USD 152/MT, CFR China for November shipment. Godawari Power and Ispat produced 0.45 MnT pellets in Q1 FY19, lesser by 9% Q-o-Q and 2% Y-o-Y. The company has observed 1.84 MnT pellet production, an increase of 23% Y-o-Y in FY`18 against 1.5 MnT in FY`17.
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Visit: 1804
US-China trade spat wipes $57B from top mining stocks in fortnight
Mining News - Mining and metals stocks came in for more punishment on Tuesday as the trade spat between the US and China escalated amid a war of words between Washington and Beijing.
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Visit: 791