Iron ore price marks quarterly losses on China covid

Mining News Pro - Dalian and Singapore iron ore marked their second quarterly losses, despite some gains on Friday, as worries over a stringent zero-covid policy and property sector jitters in top steel producer China continued to dominate markets.

Top miners team up in bid to wean themselves off dirty trucks

Mining News Pro - Members of the International Council on Mining and Metals are planning a joint effort to test hydrogen and other zero-emission technologies in a bid to shift away from diesel-fueled vehicles.

Anglo coal spinoff looks cheap against peers after 1,300% surge

Mining News Pro - Thungela Resources Ltd. has soared more than 1,300% since the South African coal miner was carved out of Anglo American Plc last year. But despite this scorching rally, investors value the stock at a discount to worldwide peers, whose reserves of the fuel may last longer.

Arizona Sonoran delivers initial resource for Parks/Salyer deposit

Mining News Pro - Arizona Sonoran Copper Company has delivered an initial mineral resource estimate for the Parks/Salyer (P/S) porphyry copper deposit in Arizona, located immediately southwest to the company’s Cactus project on contiguous private land.

Alrosa discovers 22 new diamond deposits in Zimbabwe

Mining News Pro - Russian miner Alrosa PSJC has discovered 22 new diamond deposits in Zimbabwe, according to the southern African nation’s president, Emmerson Mnangagwa.

Copper Mountain nearly doubles BC mine resource to 1.1 billion tonnes

Mining News Pro - Copper Mountain Mining has announced updated mineral resource and reserve estimates for its 75% owned copper mine located in southern British Columbia. Based on the new reserves, the company has also provided a revised life of mine plan that supports a mill expansion scenario to 65,000 t/d from 45,000 tonnes per day.

How sustainable is the mining industry?

Mining News Pro - There are efforts by top companies towards their ESG agenda, but more on pollution ad deforestation should be done to advance their plans.

Canada, South Korea seek deeper cooperation on critical minerals

Mining News Pro - Canada has many of the critical minerals – like lithium, cobalt and nickel – that are now used to make batteries for EVs, and the government is in the process of seeking to help producers and processors scale up production.

Baffinland gets nod from Nunavut board to extend Mary River operation until year-end

Mining News Pro - Baffinland Iron Mines has received a positive recommendation from the Nunavut Impact Review Board (NIRB) to temporarily increase production at its Mary River iron ore mine in Canada’s Nunavut territory to 6 million tonnes through to the end of the year.

inside Zijin’s hyperconnected 5G mine

Mining News Pro - The Chinese mining colossus, Zijin, has joined forces with global technology giant and corporate compatriot, Huawei, and Africa’s premium telecoms network provider, MTN.

could Russian mining mergers counter Western sanctions?

Mining News Pro - In response to Western sanctions, Russian miners have looked towards merging to create companies strong enough to resist economic penalties. Nnamdi Anyadike investigates.

Mining Tourism, an Opportunity for the old and new mines

Mining News Pro - In 2020, Iran started to promote mining tourism by launching the first project in the Anguran lead and zinc mine, located 130 kilometers west of the northwestern city of Zanjan.

The exploration of new mining areas begins in Sangan, Khaaf

Mining News Pro - Manager of Sangan Khaaf iron ore complex said that in order to effectively exploit the rich reserves of these mines, the complex has defined several exploration programs, among which it is possible to mention the acquisition of exploration permits for 10 new areas in the Sangan area.

Tertiary Minerals, FQM team up to boost copper exploration in Zambia

Mining News Pro - Shares in Tertiary Minerals jumped on Thursday after the junior said it had inked a technical cooperation agreement with First Quantum Minerals, which would “turbo-charge” its copper exploration projects in Zambia.

China rust belt province plans $87 billion clean energy overhaul

Mining News Pro - A northeastern province that was once one of China’s major coal and industrial hubs has launched a 600 billion yuan ($87 billion) plan to expand clean energy production.

Petra Diamonds to pay dividends after three-year turnaround

Mining News Pro - Petra Diamonds said on Tuesday it would resume paying a dividend and launch a $150 million debt-cutting plan after stronger prices fuelled by sanctions on Russia’s Alrosa, the world’s top diamond miner by output, boosted its full-year profit.

Rio Tinto, China Baowu to develop Australian iron ore project for $2bn

Mining News Pro - Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.

Global iron ore output to fall by 2% in 2022

Mining News Pro - Overall, the global iron ore production is expected to grow at a forecast period (2023-2026) CAGR of 2.6% to reach 2,716.9Mt in 2026. Overall, this growth will be primarily driven by Australia and Brazil.

PureGold reaffirms Q3 guidance

Mining News Pro - Pure Gold Mining has reaffirmed its third-quarter guidance, having achieved record August production at its namesake mine, in Ontario, driven by record ore throughput and improved grades.

Diamond-formation process inside earth’s core unveiled

Mining News Pro - Researchers at Arizona State University conducted a series of experiments where they compressed an iron-carbon alloy and water together to the pressure and temperature expected at the earth’s core-mantle boundary, melting the iron-carbon alloy.

South Africa mine dam wall collapses, killing one and injuring 40

Mining News Pro - Flooding caused by the collapse of a mine dam wall in South Africa’s Free State province swept away houses and cars on Sunday, the provincial government said, killing one person and injuring another 40.

China is thinking about mining the MOON !

Mining News Pro - China plans to launch three unmanned missions to the moon over the next 10 years, as it seeks to rival the US in the new era of space exploration.

Top 10 digital use cases in mining

Mining News Pro - ABB highlights the digital applications with the best value and user acceptance for the mining industry.

China’s iron ore imports

Mining News Pro - China’s imports of iron ore in August rose 5.5% from the prior month, customs data showed on Wednesday, even as operating rates at blast furnaces only slightly improved.

Iron ore price back above $100 a tonne as Chinese city vows to rescue stalled home projects

Mining News Pro - The iron ore price rose on Thursday after the Chinese city of Zhengzhou said it would start building stalled housing projects.

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