Steel companies and mining companies in India have heaved a sigh of relief after the federal government amended the prevailing mining law to permit the “seamless transfer” of regulatory approvals to new owners of operational iron ore mines, the Economic Times reported. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire […]
Tag: mining
Amid widespread environmental fallout, where does China’s metal mining sector go from here?
Environmental damage caused by mining and refining processes like smelting are not uncommon. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! In the last two years alone, one site lists 10 major tailings dam failures alone; environmental damage from tailing ponds is only the thin end […]
Freeport-McMorRan Uses AI to Optimize Production at Arizona Copper Mine
Mining companies are not renowned for their cutting-edge use of the latest technologies; I’m not trying to be derogatory, but mining is not the first industry you think of when talking about the digital age. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]
Vale Ramps Up Iron Ore Production, Sales in 3Q 2019
Brazilian miner Vale recently unveiled its third-quarter production and sales figures, showing a strong quarter for the company’s iron ore operations. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. Vale’s iron ore fines production totaled 86.7 million tons in the third quarter, up 35.4% from […]
India’s Hindustan Copper Aims to Expand Ore Production
One of India’s largest miners, Hindustan Copper Ltd., is looking to grow in ore production by 25% to 5.15 million tons in fiscal year 2019-2020. The company has set a revenue from operations target of approximately U.S. $286 million, with a capital expenditures of about U.S. $86 million, mostly for mine expansions. Need buying strategies […]
India’s FICCI Expresses Concern Over Drop in Mining Concessions
One of India’s premier industrial representative bodies, the nonprofit Federation of Indian Chambers of Commerce & Industry (FICCI) has expressed concern over the drop in mining concessions being awarded every year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook In a presentation to Niti Aayog, a policy think tank of […]
Glencore Q1 Copper Production Falls 7%, Cobalt Rises 56%
Miner Glencore reported its Q1 2019 production figures this week, showing own-sourced copper production dipped 7% year over year, while cobalt production surged 56% year over year. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Glencore’s copper production totaled 320.7 kt in Q1 2019, while cobalt production reached 10.9 kt. According […]
Dam Breach Kills Dozens at Vale’s Córrego do Feijão Mine
Tragedy struck Friday at miner Vale S.A.’s Córrego do Feijão mine in Brumadinho (in the southeastern Brazilian state of Minas Gerais). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook According to Reuters, a dam breach at the mine led to the deaths of at least 60 people, with rescue missions in […]
Demands Coming From All Quarters to Restart Mining of Iron Ore in Goa
The Indian province of Goa, known world over for tourism, was once also a well-known destination on India’s mining map. But legal, environmental and political issues ensured the stoppage of mining operations there in 2012. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook Though operations did resume to a degree […]
Rio Tinto, Minmetals Ink JV Deal for Mineral Exploration in China
Last week Rio Tinto announced a new 50-50 joint venture with Beijing-based Minmetals, a partnership that will seek to explore “world-class mineral deposits” in China. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook According to a Rio Tinto release, the registered capital of the joint venture amounts to $31.3 million, plus initial contributions […]
