Mining News Pro - Welcome to the world of China’s lithium auctions, where vast numbers of bids are placed, firms end up spending over a thousand times the opening price, and buyers promising hundreds of millions of dollars have walked without paying.

Thursday, September 14, 2023 - 15:58:55

Visit: 188

Mining News Pro - China released another 150 000 t of state metal inventories to the market on Wednesday, its reserves administration said, completing a third round of auctions so far this year as it aims to ease the pressure of high commodity prices on businesses.

Wednesday, September 1, 2021 - 19:50:32

Visit: 379

Mining News Pro - China has released details of its first round of auctions of non-ferrous metals from its state reserves, and the market reaction was underwhelming at best.

Thursday, June 24, 2021 - 21:09:31

Visit: 570

Mining News Pro - Gemfields generated $31.4-million in revenue from a series of five sequential mini auctions from April 15 to 17.

Monday, April 19, 2021 - 16:06:54

Visit: 564

Mining News Pro - London-listed Gemfields has advised in a market update that its 75%-owned Montepuez ruby mine, in Mozambique, produced 1.2-million carats in 2020, while its 75%-owned Kagem emerald mine, in Zambia, produced 9.3-million carats.

Tuesday, February 2, 2021 - 1:47:10 PM

Visit: 724

Mining News Pro - Gemstone miner Gemfields has progressed with the planning of a series of five small and sequential emerald auctions in November and December to address market demand for specific grades, and to supplement its long-standing direct sales programme for the lowest qualities produced by its Kagem mine in Zambia.

Wednesday, November 11, 2020 - 12:59:00 PM

Visit: 730

Mining News Pro - The Odisha government has started afresh the process of mineral block auctions 2020. The deadline for bid submission was on 03 Jan’2020. Out of 20 iron ore and manganese ore mines put up for auction, 18 mines were containing iron ore deposits.

Wednesday, January 8, 2020 - 12:09:01 AM

Visit: 998

Mining News Pro - In 2018, ALROSA, the largest diamond mining company in the world, held 32 international auctions receiving a total revenue of $463 million for the year, for its special size (over 10.8 carats) rough diamonds.

Friday, January 18, 2019 - 11:59:51 AM

Visit: 870

Mining News Pro - Rashtriya Ispat Nigam Limited - public sector enterprise has resumed iron ore purchases from Karnataka e-auctions after a gap of 1 month.

Friday, September 28, 2018 - 8:29:44 AM

Visit: 1167

Mining News Pro - In order to ensure raw material security, the company plans to participate in iron ore block auctions to secure captive mines. Currently it is primarily sourcing ore from Tata Steel.

Wednesday, September 12, 2018 - 12:48:12 PM

Visit: 999