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Mining deal value down over $18bn due to pandemic
Mining deal value down over $18bn due to pandemic Global mining deal value, suffering from an unanticipated shock from the covid-19 pandemic, fell by over $18 billion when compared to the first half of 2019 to $46.6 billion in the first half of 2020, GlobalData reports. The global ec...Read more -
Petra Diamonds accused of human rights abuses in Tanzania
Petra Diamonds accused of human rights abuses in Tanzania Struggling Petra Diamonds (LON:PDL), which put itself up for sale in June, is facing allegations of human rights abuses at its Williamson mine in Tanzania resulting from the actions of its security guards. The South African co...Read more -
OceanaGold extends mine life, boosts reserves at Macraes
OceanaGold extends mine life, boosts reserves at Macraes OceanaGold (TSX, ASX: OGC) is extending the mine life at its Macraes operation on the South Island of New Zealand by at least seven years, the miner announced Thursday. The Macraes operation — comprising a series of open-pit mi...Read more -
BHP to mine Australian coal using greener energy
BHP to mine Australian coal using greener energy BHP (ASX, LON, NYSE: BHP) said on Tuesday it had inked a deal to support the development of new solar and wind farms in Australia’s Queensland state as part of a company-wide effort to use more renewable energy. The miner, which runs n...Read more -
BHP falls short of expected profit, warns of slowing growth outside China
BHP falls short of expected profit, warns of slowing growth outside China BHP Group on Tuesday said it expects most major world economies except China to bear the brunt of a coronavirus-led downturn this year, reporting a 4% drop in annual profit that missed analysts’ estimates. Whil...Read more -
Barrick fighting PNG move to grant Porgera lease to state-backed miner
Barrick fighting PNG move to grant Porgera lease to state-backed miner Canada’s Barrick Gold (TSX: ABX) (NYSE: GOLD) said it would challenge the Papua New Guinea (PNG) government’s reported move to grant a 20-year lease for the Porgera gold mine to a state-backed firm. The world’s se...Read more -
Barrick takes dispute over Porgera mining rights to PNG Supreme Court
Barrick takes dispute over Porgera mining rights to PNG Supreme Court Canada’s Barrick Gold (TSX: ABX) (NYSE: GOLD) will take a dispute over mining rights to the Porgera gold mine in Papua New Guinea to the country’s Supreme Court after a lower court dismissed the company’s attempt t...Read more -
Ivanhoe expects first copper at Kakula in less than a year
Ivanhoe expects first copper at Kakula in less than a year Canada’s Ivanhoe Mines (TSX:IVN) expects to begin producing copper at its Kakula project in the Democratic Republic of Congo in less than a year, as total underground development to date has surpassed the 20 km mark – about 6 km ahead of...Read more -
Prosecutors ask court to remove Vale managers
Prosecutors ask court to remove Vale managers Federal prosecutors in Brazil’s Minas Gerais state are seeking a court order for miner Vale SA to replace executives they accuse of disregarding safety methods in the aftermath of two deadly mining disasters. They have asked a court in Mi...Read more -
H&G is producing high chrome grinding balls for cement plants in South Korea
H&G is producing high chrome grinding balls for cement plants in South Korea H&G is producing high chrome grinding balls for Cement Plants in South Korea. As in general grinding media grinding ball manufactured from steel and cast iron. It has various applications in that grinding purpo...Read more -
H&G finish the production of SAG Mill Liner for gold mining clients in Russia
H&G finish the production of SAG Mill Liner for gold mining clients in Russia H&G just finished the production of high manganese steel mill liners for one NHI MZS5518 SAG mill for one gold mining clients in Russia, these mill liners will be sent by Train to Taksimo on Sep. 06th. H&G...Read more -
Fortescue rethinking expansion that endangers Australian sacred site
Fortescue rethinking expansion that endangers Australian sacred site Australian iron ore major Fortescue Metals Group (ASX: FMG) said on Friday it would re-evaluate an expansion plan at one of its iron ore mines in the Pilbara region, after an Indigenous group said the project threatened...Read more