The credit ratings and research division of the Fitch Group says producers should take advantage of the current environment of lower supply, healthy demand and higher prices.
The post Iron ore miners should take advantage of high prices and improve their credit scores: Fitch appeared first on MINING.com.
The results of the election will be released May 23.
The post India’s 2019 elections bode well for mining sector — report appeared first on MINING.com.
India’s 2019 elections bode well for mining sector — report Read More »
Transnet is installing a new iron-ore tippler at the country’s main iron-ore export line in order to sustain its current output of 60-million tonnes a year, officials said on Friday at its Saldanha port terminal. The R3-billion project, which includes …
Transnet installing new tippler to sustain iron-ore exports Read More »
Ferrexpo said on Friday Deloitte had resigned as its auditor with immediate effect, days after the iron-ore miner said some funds of a charity it donates to in the Ukraine could have been "misappropriated". Blooming Land, the charity which coor…
Ferrexpo auditor Deloitte quits as queries remain around charity funds Read More »
Production dropped 6% in the quarter.
The post Coal hurts Anglo American’s Q1 production, 2019 guidance unchanged appeared first on MINING.com.
Coal hurts Anglo American’s Q1 production, 2019 guidance unchanged Read More »
With the release of its “Production and Sales Report” for the first quarter of this year (Q1 2019), Kumba Iron Ore Limited, part of the Anglo American plc group, has reaffirmed its guidance for total 2019 production and sales, issued in February (when …
Kumba reports fall in production during first quarter but remains upbeat for year Read More »
Document divides operations into six levels, from zero (entirely manual ) to five (fully autonomous), and assists in the preparation of a business case for autonomous mining, depending on level and needs.
The post Top miners back autonomous systems guidelines appeared first on MINING.com.
Top miners back autonomous systems guidelines Read More »
Brazilian miner Vale said on Wednesday it has filed a lawsuit in the United States to force BSG Resources (BSGR) to pay it about $1.25-billion, as mandated by an arbitrator in a dispute over a joint venture in Guinea, plus interest and expenses. Earlie…
Brazilian miner Vale files $2bn lawsuit over Guinea project Read More »
Indian iron-ore miner NMDC Limited will ramp up its production capacity to 63-million tonnes a year by 2021/22, from 32-million tonnes achieved in 2018/19. The company is also planning to reduce logistics and transportation costs by 55% by constructing…
India’s NMDC targets 63Mt by 2021/22 Read More »
Junior Mount Gibson Iron has restarted high-grade iron-ore sales from its Koolan Island operation, in Western Australia.
The ASX-listed miner on Wednesday said that some 72 000 t of high-grade hematite iron-ore, averaging 65% iron, is currently being…
Mt Gibson gets ready to ship Koolan Island ore Read More »
