Brazil’s Batista brothers to invest $1 billion to boost iron ore mines
Mining News Pro - The billionaire Batista brothers behind Brazilian beef giant JBS SA are preparing to invest more than $1 billion to expand production at mines they acquired last year from Vale SA.
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Visit: 153
Baffinland to terminate 1,100 workers at Mary River iron ore mine
Mining News Pro - Baffinland Iron Mines has sent termination notices to over 1,100 workers at Mary River iron ore mine, in Canada’s Nunavut territory, as the company’s request to increase production to 6 million tonnes through to the end of the year and an expansion application have yet to be answered.
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Visit: 647
Guinea gives Simandou iron ore mine developers 14-day deadline
Mining News Pro - Partners in Guinea’s Simandou iron ore mine have 14 days to finalise a joint venture, interim president Mamady Doumbouya said at a meeting with the miners, Rio Tinto and Chinese-backed Winning Consortium Simandou (WCS) on Friday.
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Visit: 570
Sinosteel signs $690 million deal for Cameroon iron ore mine
Mining News Pro - China’s Sinosteel Corp. has signed a $690 million contract to exploit an iron ore mine in southern Cameroon amid a push to cut Chinese reliance on Australian and Brazilian ore.
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Visit: 425
Sinosteel signs $690 million deal for Cameroon iron ore mine
Mining News Pro - China’s Sinosteel Corp. has signed a $690 million contract to exploit an iron ore mine in southern Cameroon amid a push to cut Chinese reliance on Australian and Brazilian ore.
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Visit: 488
Sweden gives go-ahead for northern Kallak iron ore mine
Mining News Pro - Sweden’s government gave a qualified green light on Tuesday to Britain’s Beowulf Mining to proceed with plans for an iron ore mine in the far north that has been opposed by indigenous people over its environmental impact.
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Visit: 411
Brazilian deluge halts giant iron ore mines
Mining News Pro - Heavy rainfall is disrupting southeastern Brazil’s giant iron ore industry, with the world’s No. 2 producer Vale SA among companies to halt operations and regulators dispatched to monitor any impact on tailings dams.
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Visit: 418
The world wants more lithium but doesn’t want more mines
Mining News Pro - Prices for lithium, the building block of electric-vehicle batteries, shot to a record this year, amplifying concerns there won’t be enough of the metal to fuel the switch away from combustion engines. In that climate, now should be a prime time to build a mine.
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Visit: 615
Peruvian community blocks key highway in protest against Glencore mine
Mining News Pro - An indigenous community in Peru’s Espinar province has blocked a key mining road, a local leader told Reuters on Wednesday, in protest against the government and Glencore’s Antapaccay copper mine.
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Visit: 523
Emesent’s Hovermap valuable tool after earthquake at Swedish iron ore mine
Mining News Pro - On the morning of May 18, 2020, an earthquake measuring 4.1 on the Richter scale rocked northern Sweden, inflicting serious damage to the century old LKAB iron mine in the town Kiruna, forcing the company to suspend operations. Five days later, production had resumed, albeit at 30% capacity.
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Visit: 380
Giant new iron ore mine may aid China’s push to cool prices
Mining News Pro - BHP Group’s start-up of production at its $3.6 billion South Flank project in Australia — combined with existing operations at the site — will create the world’s biggest iron ore hub. It may also help temporarily cool a hot market.
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Visit: 627
Fortescue power iron ore mines with Pacific Energy
Mining News Pro - Fortescue Metals Group has contracted Pacific Energy to build Western Australia’s largest network integrated battery energy storage system (BESS).
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Visit: 458
Zimbabwe says China`s Tsingshan to build iron ore mine
Mining News Pro - China`s Tsingshan Holding Group is set to start developing an iron ore mine and a carbon steel plant in Zimbabwe from May, the African country`s information minister said late on Tuesday, three years after the firm first announced the investment deal.
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Visit: 776
China to build overseas iron ore mines to ensure supply
Mining News Pro - China aims to build one or two globally significant overseas iron ore mines by 2025 to boost the supply of the steelmaking ingredient and strengthen its pricing power, the industry ministry said on Thursday.
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Visit: 704
ICRA Rolleston offloads interest in Glencore mine
Mining News Pro - Rolleston Coal Holdings has appointed McGrathNicol Restructuring to acquire ICRA Rolleston’s 12.5 percent minority interest in the Rolleston joint venture (JV) in Queensland.
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Visit: 908
GWR detonates C4 iron ore mine
Mining News Pro - GWR Group performed its first production blast at the C4 iron ore mine in Western Australia last week.
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Visit: 597
Fenix commences development of iron ore mine
Mining News Pro - Fenix Resources has started the first works including clearing, grubbing and topsoil stripping activities at the Iron Ridge direct shipping ore (DSO) project near Cue, Western Australia.
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Visit: 660
HBIS lines up investment in Peru iron ore mine
Mining News Pro - HBIS Resources Co Ltd, a unit of China’s second-biggest steelmaker HBIS Group, said on Monday it had signed an initial deal to develop the Pampa de Pongo iron ore mine in Peru alongside current licence-holder Zhongrong Xinda.
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Visit: 760
China steelmaker HBIS lines up investment in Peru iron-ore mine
Mining News Pro - HBIS Resources Co, a unit of China`s second-biggest steelmaker HBIS Group, said on Monday it had signed an initial deal to develop the Pampa de Pongo iron-ore mine in Peru alongside current licence-holder Zhongrong Xinda.
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Visit: 956
India’s NMDC halts key iron ore mine
Mining News Pro - India’s NMDC Ltd said on Friday it had temporarily suspended operations at a key iron ore mine in the eastern state of Chhattisgarh after the state government ordered it to do so.
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Visit: 711
Nathan River iron ore mine to create 250 jobs in NT
Mining News Pro - Nathan River Resources has received further approval to move the Nathan River iron ore project in the Roper Gulf region of the Northern Territory into the next stage of development.
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Visit: 865
86 Companies in Race for Odisha Iron Ore Mine Auctions
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.
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Visit: 1003
Top US iron-ore miner’s shares plunge after $1.1bn deal
Mining News Pro - Cleveland-Cliffs shares headed for their steepest decline in three months after agreeing to buy AK Steel Holding for $1.1-billion in the biggest takeover of a US steelmaker since Trump tariffs were imposed.
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Visit: 743
Rio Tinto invests $749 million in Pilbara iron ore mine
Mining News Pro - Rio Tinto Ltd said on Wednesday it had approved a $749 million investment in its Greater Tom Price operations to help sustain production capacity in its iron ore business in the Pilbara region of Western Australia.
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Visit: 711
Riley iron ore mine nears production
Mining News Pro - Venture Minerals is closing in on a start to production at the Riley iron ore mine in Tasmania.
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Visit: 854