China’s top copper smelters agree on rare joint production cuts

Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to sources with knowledge of the plans.

Jervois Global blames Chinese overproduction for job cuts

Australian miner Jervois Global Ltd. is cutting costs and jobs in response to a plunge in cobalt prices that it’s blaming on Chinese oversupply.

China’s copper smelters to discuss production cut as fees slump

China’s biggest copper smelters are set to meet in Beijing next week to discuss measures to counter a plunge in ore processing fees to the lowest level in years, including potential production cuts.

Graphjet Technology advances production timeline at Malaysia manufacturing plant

Graphjet, a developer of patented technologies to produce graphite and graphene directly from agricultural waste, announced Monday it has accelerated the timeline for its planned manufacturing plant in Malaysia.

China’s top coal producing region tells miners to curb overproduction

China’s top coal-producing region of Shanxi has ordered miners to curb overproduction, according to a notice this week from authorities in the northern province, sparking a rally in coking coal futures on Wednesday.

Codelco logs December production setback

Chile’s top copper miners closed out 2023 unevenly, with state-run copper miner Codelco logging a setback in December, according to figures released on Monday by the Chilean Copper Commission (Cochilco).

NextSource to reach full production at Molo graphite mine by July

NextSource Materials said on Monday it planned to achieve nameplate capacity of 17,000 tonnes of concentrate per annum at its Molo graphite mine in Madagascar by July.

Vedanta beats Q3 profit view on production

Indian metal-to-oil conglomerate Vedanta reported a smaller-than-expected drop in third-quarter profit on Thursday, as an uptick in production and sales outweighed lower metal prices.

McClean Lake uranium mine in Canada to resume production

Denison Mines and joint venture partner Orano Canada said on Wednesday they will restart the McClean Lake mine, located in the uranium-rich Athabasca Basin in northern Saskatchewan, amid improving project and commodity economics.

Peru copper production in November up 10.9% from year ago

Copper production in Peru rose 10.9% in November from the year-ago month to 253,582 metric tons, the Andean nation’s mining ministry said on Friday.

Hecla’s Lucky Friday silver mine resumes production

Hecla Mining (NYSE: HL) has begun to resume activities at its Lucky Friday silver mine in Idaho, US, after being halted in September last year to complete repair work on areas damaged by wildfires in August.

India’s plans to double coal production ignore climate threat

As climate diplomats at COP28 in Dubai debated an agreement to transition away from fossil fuels last December, India was facing another energy conundrum: It needed to build more power capacity, fast.

US seeks to jumpstart production of higher-energy uranium now made in Russia

Mining News Pro - The US is seeking bids from contractors to help establish a domestic supply of a uranium fuel enriched to higher levels for use in a next generation of reactors, a fuel currently only available in commercial levels from Russia, the Department of Energy said on Tuesday.

Thungela says “not yet” cutting jobs despite production curbs

Mining News Pro - Thungela Resources does not plan broad job cuts at its South African coal mines despite ongoing output curbs, as it plans to re-deploy staff to new projects that will start producing next year, CFO Deon Smith said on Wednesday.

Obtaining safe and reliable iron ore reserves for the continuation of MSC production

Mining News Pro - In an interview with Foolad Radio, the director of mineral processing of Mobarakeh Steel Company stated: “Access to reliable iron ore reserves is for the continuation of the production of Mobarakeh Foulad Group.”

Chadormalu has a new record in steel ingot production

Mining News Pro - With the intelligent management of Chadormalu Mining and Industrial Company, the daily production of steel ingots with export quality exceeded 5555 tons.

Vale expands production capacity at Salobo copper mine

Mining News Pro - Brazil’s mining giant Vale (NYSE: VALE) has announced that its Salobo mine has reached a capacity of 32 million tonnes per annum, following the successful completion of the throughput test for the first phase of the Salobo III expansion project.

Esfahan Steel Company guarantees the future of Iran’s coal production

Mining News Pro - Chief executive of ESCO says that this company guarantees the future of Iran’s coal production.

Three initiatives lead the way in decarbonizing steel production

Mining News Pro - Electrical equipment multinational ABB released a report spotlighting three initiatives that are using carbon capture technology, hydrogen and electrochemistry as routes to decarbonizing primary steel production.

De Beers keeps production target despite supply glut

Mining News Pro - De Beers is sticking to its 2023 production target because it is confident of the long-term outlook, its chief executive said on Monday, despite a glut in diamond supply amid weakening demand.

Exxon to start lithium production for EVs in the US by 2027

Mining News Pro - Exxon Mobil said on Monday it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries and advanced electronics.

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.

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.

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.

Burkina Faso targets bigger royalties as gold production drops

Mining News Pro - Burkina Faso has revised its mining code to enable it to take more in royalties in boom times after gold production fell.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar