PPC Lime’s new owners to focus on developing markets, community wellbeing
Mining News Pro - The new owner of PPC Lime, Kgatelopele Lime, will focus on developing new markets for its product and expanding its customer base.
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Visit: 167
Investors are stewarding gradual move to decarbonisation in emerging markets
Mining News Pro - Investment manager Old Mutual Investment Group responsible investment head Jon Duncan tells Mining Weekly that, while the mining industry cannot ignore the global climate change context, which in part is driving international divestment from the likes of coal miners Exxaro and Anglo American, the reality is that, locally, the decarbonisation debate is more nuanced and needs to consider the social challenges that threaten South Africa as a whole.
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Visit: 390
Hammer taps capital markets
Junior Hammer Metals will raise A$5-million in a share placement to existing, as well as sophisticated and institutional investors.
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Visit: 231
Tungsten producers may have to look at new markets
Mining News Pro - A new report by Roskill states that the possible uptake of electric vehicles over internal combustion engines may mean tungsten prices and consumption in the automotive sector never recover to 2017 levels.
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Visit: 237
Australia urged to expand mining export markets
Mining News Pro - Australia’s mining industry is being encouraged to diversify its export markets beyond key commodities such as iron ore and gold.
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Visit: 277
Exxaro output, sales for the year on par with last year despite dampened markets
Mining News Pro - In a pre-close update provided on December 3, JSE-listed diversified miner Exxaro Resources said the easing of Covid-19 lockdowns around the world in the latter part of the year had helped to increase coal offtake volumes in both the domestic and international markets.
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Visit: 210
BlackRock’s Fink ‘bearish’ on emerging markets
Mining News Pro - BlackRock CEO Larry Fink said that he believes emerging markets are on a downward slide as he sees strong macro trends weighing on the asset class.
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Visit: 248
Metal markets caught out by strength of Chinese stimulus
Mining News Pro - London copper hit a two-year high of $6,707 per tonne on Wednesday, extending its super-charged rally from the March lows of $4,371.
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Visit: 378
Chaos in gold markets ripples to other precious metals
Mining News Pro - The chaos that engulfed the gold market in March as the global pandemic choked off physical trading routes is rippling through other precious metals, resulting in price dislocations and a surge in exchange inventories for silver and platinum.
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Visit: 386
Coal’s US downfall is a lesson for power markets
Mining News Pro - Imagine that you’re a power engineer in 1975, designing and building the U.S. electrical grid. Coal is undoubtedly king, generating nearly three times as much as gas, oil, or hydropower.
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Visit: 246
New Century optimistic about zinc in spite of soft markets
Mining News Pro - New Century Resources has maintained its June quarter guidance at the Century mine in Queensland despite a four-year low in zinc prices.
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Visit: 462
Trillions flooding financial markets send gold price to 7-year high
Mining News Pro - Gold has tallied its 4th straight session gain, continuing its rally last week, which saw the price of the precious metal reach its highest in more than seven years.
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Visit: 431
Australian Vanadium scales back business due to ‘turbulent markets’
Mining News Pro - Australian Vanadium has introduced a business strategy to safeguard its financial health and preserve its Western Australian vanadium project during the coronavirus pandemic.
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Visit: 295
Emerging markets trust China’s virus steps to keep rally going
Mining News Pro - Emerging markets may take their cue this week from a recovery in commodities and signs China’s efforts to stem the spread of the coronavirus are working.
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Visit: 469
Changes in financial markets trouble mining industry
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.
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Visit: 452
Fake-branded bars slip dirty gold into world markets
Mining News Pro - A forgery crisis is quietly roiling the world’s gold industry.
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Visit: 91
Copper sends a message to markets that growth is already wrecked
Mining News Pro - For the past year, copper traded like a seesaw on the on-again, off-again hopes of a U.S. and China trade deal. Now it’s more like a rollercoaster ride down.
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Visit: 468
Las Bambas’ copper out to the markets after 68-day blockade
Mining News Pro - Following a blockade that lasted for over two months, Peru’s national highway CU-135, known as Corredor Minero del Sur, was reopened this weekend and trucks carrying copper concentrate from Las Bambas mine started running through it again.
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Visit: 353
The coal miner who bet everything on U.S. power markets and lost
Mining News Pro - Eleven years ago, Cloud Peak Energy Inc. made an all-or-nothing bet its rivals were unwilling to match: that coal would remain indispensable to the U.S. power sector.
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Visit: 492
Equity markets sour on junior mining sector
Mining News Pro - Financing for global mining and exploration lost momentum in 2018 with equity markets in particular shunning the metals and minerals sector according to a report released on the eve of mining`s biggest annual gathering in Toronto, Canada.
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Visit: 560
The increase in nickel prices in the global markets / nickel sulfide fell on the London Metal Exchange
Mining News Pro - Nickel rose on the London Metal Exchange with a quarter-on-quarter rise to $ 1130 and $ 930 a barrel at $ 145 a barrel, with an immediate increase of $ 11,860 and $ 50.
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Visit: 952
South East Asia Imported Scrap Markets Observe Thin Trades
Mining News Pro - SteelMint learned from industry participants that imported scrap markets in major South East Asian countries like Vietnam, Indonesia and Thailand have witnessed slowdown in activities pulling scrap prices marginally down as compared to last week.
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Visit: 669
CEO of Mobarakeh Steel emphasized:
Mobarakeh Steel Dynamics Continues to Further Study of Internal Markets and Global Development and Product Diversification
Mining News Pro -Managing director of Mobarakeh Steel Company at the meeting of the company`s management committee, after hearing the report of the managers of the areas and various parts of the company, stated: "Visiting production lines and meeting with colleagues in the regions, the commitment of the organization to each one was well known. That the company`s employees are interested in their work and solving the issues of the company are highly valued
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Visit: 901
What Will A Divided Congress Mean For Gold, Financial Markets?
Mining News Pro - Even though the U.S. midterm elections are difficult to predict, TD Securities said the most likely scenario is a divided Congress. But what does that mean for financial and precious metals markets?
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Visit: 631
Imported Scrap Markets in SE Asia Observe Limited Deals on Slow Demand
Mining News Pro - Imported scrap offers to Vietnam inch down - SteelMint learned from market participants that imported scrap offers to Vietnam have come down slightly by USD 3-5/MT W-o-W on limited demand.
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Visit: 594