Glencore said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS business it co-owns in New Caledonia, as a sharp drop in the metal’s prices continues to hit the industry.

Monday, February 12, 2024 - 23:07:33

Visit: 103

Mining News Pro - Russia said on Tuesday it would have no difficulty skirting the latest package of EU economic sanctions, which notably target its diamond exports.

Tuesday, December 19, 2023 - 22:38:23

Visit: 133

Mining News Pro - Storm clouds are forming in the North American aluminum market as makers of everything from automobiles to beverage cans to kitchen appliances are holding off booking next year’s raw material orders.

Saturday, October 1, 2022 - 14:23:22

Visit: 544

Mining News Pro - Chinese miner MMG said on Thursday it still has no time frame for when it will be able to build a second open pit to ramp up production at its Las Bambas mine in Peru.

Friday, August 19, 2022 - 19:26:50

Visit: 421

Mining News Pro - Workers at Chilean state-owned miner Codelco, the world’s largest copper producer, said on Saturday they will start preparations for a national strike after the firm announced the closure of the troubled Ventanas smelter.

Monday, June 20, 2022 - 12:52:27

Visit: 689

Mining News Pro - Suncor Energy Inc. tapped LNG Canada Chief Executive Officer Peter Zebedee to head its mining and upgrading operations as the oil sands producer grapples with a series of fatal accidents.

Wednesday, March 23, 2022 - 13:35:32

Visit: 651

Mining News Pro - Canada’s Premium Nickel Resources (PNR) will buy Botswana’s defunct, state-owned BCL copper mine with a view to restarting operations within three years, Minister of Minerals, Green Technology and Energy Resources Lefoko Moagi said late on Tuesday.

Thursday, September 30, 2021 - 14:04:19

Visit: 355

Mining News Pro - Canada's Premium Nickel Resources (PNR) will buy Botswana's defunct, State-owned BCL copper mine with a view to restarting operations within three years, Minister of Minerals, Green Technology and Energy Resources Lefoko Moagi said late on Tuesday.

Wednesday, September 29, 2021 - 13:25:05

Visit: 389

Mining News Pro - Gold Road Resources has reported lower gold production for the June quarter following processing plant issues at the Gruyere joint venture (JV) operation in Western Australia last month.

Wednesday, July 28, 2021 - 13:26:48

Visit: 400

Mining News Pro - Macmahon Holdings has signed three previously announced contracts, one new contract and largely avoided labour shortages which have plagued Australia’s mining industry.

Tuesday, July 20, 2021 - 13:07:41

Visit: 331

Mining News Pro - OceanaGold is on track to deliver production at the Martha underground mine in New Zealand late this quarter after entering production this year.

Friday, April 30, 2021 - 13:34:13

Visit: 465

Mining News Pro - London investment firm Odey Asset Management has accused Turquoise Hill of destroying value through lack of action over problems at Oyu Tolgoi.

Thursday, November 26, 2020 - 12:09:38 PM

Visit: 639

Mining News Pro - The clock is ticking for Tianqi Lithium Corp. to haul itself out from under a massive debt burden that sees it needing to come up with $1.88 billion by the end of this month.

Tuesday, November 17, 2020 - 1:09:35 PM

Visit: 543

Mining News Pro - Canada’s Lundin Mining saw profit increase in the third quarter and declared a dividend, but labour and technical disruptions forced the company to lower its guidance for three of its four operating mines.

Friday, October 30, 2020 - 4:20:26 PM

Visit: 635

Mining News Pro - Altura Mining has folded under the pressure of the struggling lithium market, with the company set to start a sale process as its Pilgangoora operation in Western Australia is placed on care and maintenance.

Tuesday, October 27, 2020 - 11:51:27 AM

Visit: 609

Mining News Pro - Disruptions caused by the coronavirus crisis have pushed up prices for sulphur by about 10% this year in the Democratic Republic of Congo, driving up costs of a vital ingredient for mining cobalt and copper in the African nation.

Thursday, May 21, 2020 - 4:29:55 PM

Visit: 639

Mining News Pro - Greece plans to liquidate Larco, one of Europe`s biggest nickel producers which is struggling under heavy debt, and then look for an investor for some of the company`s assets, its energy minister said on Friday.

Saturday, January 25, 2020 - 10:41:15 AM

Visit: 1127

Mining News Pro - Analysts at CPM have studied the precious metals and commodities markets — including investment trends in mining equities — since the 1970s. This long and intimate involvement gives us insight into the transformations that clearly now are wracking the buy side, the sell side and the mining industry.

Monday, December 9, 2019 - 12:50:16 PM

Visit: 866

Mining News Pro - The shift from coal to cheaper and cleaner fuel sources like natural gas and renewables claimed another victim in the US last week.

Friday, November 1, 2019 - 12:04:01 PM

Visit: 643

Mining News Pro - Turquoise Hill’s (NSYE: TRQ) stock tanked over 42% on Tuesday, after releasing its Q2 2019 report, revealing costs for the expansion of its Oyu Tolgoi mine could increase by up to $1.9 billion.

Wednesday, July 17, 2019 - 10:20:39 AM

Visit: 1213

Mining News Pro - The world’s biggest copper maker is pushing to modernise one of its oldest mines. With the plans spurring a quickening series of worker protests and disruptions, it’s becoming clear that technical challenges won’t be the only hurdle.

Saturday, December 22, 2018 - 12:31:12 PM

Visit: 788

Mining News Pro - The Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago.

Friday, November 16, 2018 - 8:55:43 AM

Visit: 1133

Mining News Agency - This week we have watched the metals continue to churn in a range and mentioned that they may have found a higher low with a new support level. On Thursday, gold sold off hard, trading below the $1,330 support but closing right near support.

Sunday, April 8, 2018 - 7:02:15 PM

Visit: 1739