Supply of 8.7 million tons of Mobarakeh steel products to the market
Mining News Pro - The CEO of Mobarakeh Steel announced that all the organization's goals were achieved in 1402 despite all the restrictions in the fields of electricity, gas and raw materials and said: If we consider the amount of product delivery to the domestic and export markets as the final performance of the company's ambitious employees, we must announce Since the beginning of 1402, 8.7 million tons of products have been transported to the target markets in the total domestic and export market, while fulfilling the planned goals, which has grown by 6% compared to last year.
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Pilbara Minerals signs offtake agreement with China’s Sichuan Yahua
Pilbara Minerals said on Tuesday it has signed an agreement with Sichuan Yahua Industrial Group for the supply of spodumene concentrate from the lithium miner’s Pilgangoora operation in Western Australia.
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Mobarakeh Steel Company faces many obstacles to enter mineral exploration
Mining News Pro - The CEO of Foulad Mobarakeh stated: Foolad Mobarakeh has the possibility of exploring mines and investing in the field of machinery in this area, but legal obstacles do not allow this company to enter the field of mineral exploration.
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US to rescind Venezuela gold license after opposition candidate barred
The US will rescind a license awarded to Venezuela’s state gold producer after Nicolás Maduro’s government banned the opposition’s leading candidate from participating in elections this year.
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Visit: 96
Barrick Gold reports lower preliminary gold output for 2023
Canadian miner Barrick Gold Corp said on Tuesday its full-year preliminary production of gold fell from a year earlier, even as output rose sequentially in the fourth quarter.
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Visit: 91
Barrick says outside actors to blame in new abuse allegations at North Mara in Tanzania
Mining News Pro - Barrick Gold says a human rights group making allegations of forced expulsions to expand the North Mara mine in Tanzania is incorrect.
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Barrick gets go ahead for Goldrush mine ramp-up
Mining News Pro - Canada’s Barrick Gold (TSX: ABX) (NYSE: GOLD) said on Monday that the US Bureau of Land Management has approved the company’s plan of operations for its Goldrush underground mine at the Cortez Complex near Beowawe, Nevada.
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60 percent jump in ESCO’s rebar export
Mining News Pro - From the beginning of the year, the export of ESCO’s rebar has grown by 60% compared to the same period in the previous year.
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Visit: 161
Union withdraws industrial action at BHP’s Pilbara iron ore operations
Mining News Pro - A union representing train drivers at BHP’s Pilbara iron ore operations in Western Australia has withdrawn industrial action ahead of an updated employment offer from the mining giant, a union representative told Reuters on Friday.
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Recording the second monthly production record in the continuous steel casting unit of Mobarakeh Steel
Mining News Pro - A new monthly record was set in the continuous steelmaking and casting unit of Mobarakeh steel in the seven months ending October 1402.
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Barrick beats Q3 profit estimates on higher production, lower costs
Mining News Pro - Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from increased production and higher bullion prices.
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Visit: 135
Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Visit: 148
Barrick CEO says focused on organic growth
Mining News Pro - Barrick Gold’s CEO on Thursday expressed a desire to grow the company’s copper business organically when asked about interest in buying fellow Canadian miner First Quantum Minerals after its shares lost nearly half their value earlier this week.
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Visit: 155
Barrick CEO says growing copper biz “ourselves” when asked about First Quantum interest
Mining News Pro - The chief executive of Barrick Gold Corp on Thursday expressed desire to grow the company’s copper business organically when asked about interest in buying First Quantum Minerals after the recent share price plunge.
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Visit: 208
Barrick beats Q3 profit estimates on higher production, lower costs
Mining News Pro - Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from increased production and higher bullion prices.
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Visit: 179
Saudis in talks with Pakistan on Reko Diq, Barrick CEO says
Mining News Pro - Saudi Arabia is in ongoing talks with Pakistan to buy part of the government’s stake in a $7 billion copper project jointly owned with Barrick Gold Corp., according to the head of the mining company.
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Visit: 180
Egyptian tycoon eyes stake in Barrick’s Reko Diq project
Mining News Pro - Egyptian billionaire Naguib Sawiris, the northern African country’s second-wealthiest person, is said to be seeking a stake in the $7 billion Reko Dick copper-gold project, jointly owned by Barrick Gold and Pakistan.
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Visit: 155
Barrick’s third-quarter gold, copper output rise
Mining News Pro - Canadian miner Barrick Gold said on Thursday its gold production rose nearly 3% sequentially for the third quarter, helped by higher production at its Cortez mines in Nevada.
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Visit: 128
Barrick says big miners show interest in Pakistan copper project
Mining News Pro - Barrick Gold Corp.’s top executive says it’s not just Saudi Arabia interested in his company’s massive copper project in Pakistan — some major mining companies are, too.
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Visit: 130
Mobarakeh Steel Company accounted for the largest share in foreign exchange savings
Mining News Pro - Last year, Mobarakeh Steel Company accounted for the largest share in foreign exchange savings with 170.1 million dollars.
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Barrick CEO sees few good deals despite mining’s M&A revival
Mining News Pro - Barrick Gold Corp. won’t be pressured into making any major acquisitions even as its rivals pursue a flurry of dealmaking in the mining industry, chief executive officer Mark Bristow said.
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Visit: 195
Barrick beats quarterly profit estimates on higher gold prices
Mining News Pro - Barrick Gold Corp beat analysts’ expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal.
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Visit: 173
Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project
Mining News Pro - Barrick Gold Corp is open to bringing in Saudi Arabia’s wealth fund as one of its partners in Pakistan’s Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday.
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Visit: 195
The 33.2% share of Mobarakeh Steel Group in the 8.8% growth of Iran's steel production
Mining News Pro - The vice president of operation of Mobarakeh Steel said: The report of the World Steel Association in May 2023 indicates that despite the 5.1% decrease in global steel production, the steel production of Iran has experienced an 8.8% growth, and Mobarakeh Steel Group has increased by 33% during this period. It has produced 2% of the country's total steel.
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Visit: 239
Ecuadorean votes could bar oil output in Amazon reserve, mining near Quito
Mining News Pro - Ecuadoreans will decide in two August referendums whether oil and mining projects in key regions of the country can continue, weighing Indigenous and environmental concerns against billions in potential lost income.
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Visit: 190