The closure of 88 iron-ore mines in western Indian coastal province of Goa since March 2018 has resulted in loss in revenue of $832-million a year, according to a study of Federation of Indian Mineral Industries (FIMI).
According to FIMI, the closure…
Revenue losses mount from Goa iron-ore mine closures – FIMI Read More »
India’s Mines Ministry is likely to ease norms for granting mandatory environmental and forest clearances to prevent disruptions in mining following fresh auctions of numerous iron-ore mining leases expiring on March 31, 2020. The objective is to ensur…
India to ease norms for granting iron-ore environmental approvals Read More »
A mere substitution of a word in the Mines and Minerals (Regulation and Development) Act (MMRDA) 2015, effected by India’s federal government, has opened up a window for State-run miner NMDC to resume operations of the shuttered Donimalai mines in the …
Legislative word change could see NMDC resume Donimalai operations Read More »
The Indian government will permit domestic steel producers to divert iron-ore production from captive mines to any other production facilities and/or joint ventures. The relaxation of captive mining rules follows similar liberalisation for State-run St…
India to allow steel firms to divert iron-ore from captive mines Read More »
ale’s CEO said on Friday that a resumption in paying dividends or share buybacks would depend on progress in repairing the damage from its Brumadinho tailings dam collapse, which killed more than 250 people.
Eduardo Bartolomeo told investors on a conf…
Vale CEO says not yet time to resume dividends Read More »
The share price of Aim-listed Beowulf slumped 15% on Thursday, after the company announced a £500 000 capital raising at a discounted 5.5p a share.
The mineral exploration and development company’s stock fell to 5.8p each, despite a separate announcem…
Beowulf shares slump on discounted capital raising Read More »
Iron-ore miner Fortescue Metals has reported a 4% increase in production during the three months to September, compared with the June quarter, shipping 42.2-million tonnes of ore.
C1 cash costs for the first quarter of 2020 was up by 1% on the fourth …
Fortescue production rises Read More »
Iron-ore miner Fortescue Metals has reported a 4% increase in production during the three months to September, compared with the June quarter, shipping 42.2-million tonnes of ore.
C1 cash costs for the first quarter of 2020 was up by 1% on the fourth …
Fortescue productions rise Read More »
Brazilian iron-ore miner Vale said on Monday it has temporarily shut down its Itabiruçu tailings dam and lowered its full-year iron-ore and pellet sales guidance as a result.
Vale said it had shut down the dam so it could assess the structure’s "g…
Vale nudges sales guidance lower after new dam halt Read More »
Mitsubishi Corp has handed over the full ownership of an iron ore expansion and rail and port infrastructure project in Western Australia to China’s state-owned Sinosteel that has been slated to cost A$10-billion ($6.86-billion) to develop, the Japanes…
Mitsubishi sells Australian iron-ore, rail project to Sinosteel Read More »
