Mill Linings and Mill Liners to Rod Mill machineRead Article
Gold had a blockbuster summer.Read Article
A new report from Roskill suggests the rally in copperRead Article
Brazil’s Vale has begun producing high-grade iron ore fines for pelletizing at its new three-million-tonnes-a-year grinding hub at China’s Shulanghu Ore Transfer Terminal.Read Article
Freeport-McMoRan’s Cerro Verde, pictured here, is Peru’s top copper producer with 1 billion pounds of copper produced in 2019.Read Article
Russian potash producer Uralkali said on Tuesday that its former distributor, the Belarusian Potash Company (BPC), is selling the fertilizer at such a low price that it may make it impossible for the company to conclude contracts.Read Article
Rio Tinto’s (ASX, LON, NYSE: RIO) top investors are set to face off at the company’s upcoming annual meeting, with only some of them in favour of pushing the miner to extend the range of its targets to reduce greenhouse gas emissions.Read Article
Gold miner Newmont Corp’s adjusted profit nearly doubled on Tuesday boosted by higher production and a surge in the prices of the precious metal, as investors rushed to the safe-haven asset amid market turmoil caused by the covid-19 outbreak.Read Article
After years of buying at the peak of the economic cycle and selling in the trough, could the world’s big diggers do the reverse? Compared to peers in oil and gas, Rio Tinto Group and the largest diversified miners are riding out the coronavirus storm in sheltered positions: They have low operating costs, little debt and more than $60 billion in liquidity.Read Article
Glencore told the Zambian government this week that it wants to keep operating its Zambian copper mining subsidiary Mopani Copper Mines (MCM), not shutter the operations, mines ministry permanent secretary Barnaby Mulenga said on Sunday.Read Article
Rio Tinto (ASX, LON, NYSE: RIO) signalled on Friday a recovery in China’s economy as it reported improved shipments of iron ore to the country, but cut its forecast for annual copper output citing coronavirus-related disruptions.Read Article
The mining industry is fraught with capital cost overruns. A quick internet search will turn up many examples. The results quickly high-light that as many as two-thirds of mining projects see cost overruns. Moreover, the researcher can see that it is a decades-long problem. That is, the industry doesn’t seem to be getting better at their cost estimating. We aren’t learning from our mistakes.Read Article
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