Mining Industry

Mining News Pro - Canada Cobalt Works says it has intersected multiple high grade cobalt and silver intercepts during phase one drilling on the first level of the Castle mine. The mine is located near Gowganda, 75 km south of Kirkland Lake, Ontario.

Mining News Pro - On Wednesday, hopes that an escalation of the trade war between the US and China can been avoided (or at least postponed) sparked a massive rally in mining stocks – already buoyed by climbing metals prices.

Mining News Pro - Engineering services company Civmec has been chosen by Albemarle to construct a lithium hydroxide plant in Western Australia.

Mining News Pro - Lepidico has switched its attention from producing lithium carbonate to high purity lithium hydroxide due to customer preferences for the battery compound.

Mining News Pro - This week, Panoramic Resources sent out the first shipment of bulk nickel/copper/cobalt concentrate from its Savannah mine in Western Australia to Lianyungang, China.

Mining News Pro - HOSCO broke the record of DRI production this year.

Mining News Pro - Lithium Australia has identified a metallurgical process route which may provide security for the European renewable energy industry.

Mining News Pro - The price of copper declined for a fifth day in a row on Thursday despite trade data showing Chinese imports of the orange metal growing at a record-setting pace.

Mining News Pro - Dundee Precious Metals offered a look at the fourth quarter and positive full year financials for 2018. The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million. The all-in sustaining cost per ounce of gold produced was $659.

Mining News Pro - Teck Resources, Canada’s largest diversified miner, posted Wednesday quarterly profits below estimates, due mainly to weak prices for heavy crude and base metals.

Mining News Pro - First Cobalt has extended copper-cobalt mineralization along strike at both its Waite zone and No Name zone, part of its Iron Creek cobalt project in Idaho.

Mining News Pro - Nemaska Lithium`s stock plummeted Wednesday after disclosing it has been forced to revise the budget for the Whabouchi lithium mine and Shawinigan electrochemical plant upward by C$375 million

Mining News Pro - The Copper Mountain mine, located in Princeton, British Colombia, and owned/operated by Copper Mountain Mining Corporation, has been producing copper since 2011.

Mining News Pro - Chairman of Ministry of Mine, Industry, and Trade of Tabas: Ferrosilicon-Aluminum plant will be inaugurated by foreign investment.

Mining News Pro - Cobalt`s near year-long price slide is finally coming to an end, but high inventories of the battery metal will stop prices quickly re-claiming 2018`s 10-year highs.

Mining News Pro - The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its Mining Act, which were said to be aimed at letting a new company extract the island’s riches.

Mining News Pro - Southern Copper Corp said on Monday that a key plant it uses to produce copper in Peru would not fully restart for another three to five days while work is done on its tailings and railway infrastructure following heavy rains.

Mining News Pro - The first commercial gas-based DRI plant commissioned by HYLSAMEX Mexican Company, called HYL Technology, in 1957.

Mining News Pro - CEO of Mobarakeh Steel Co. said: “In the first 9 months of this year, this company has exported about 700 thousand tons of steel products.”

Mining News Pro - The global aluminium market will see a number of deficits over the next few years as solid demand growth, driven by the construction and autos sectors, outpaces production growth, a new aluminium supply and demand outlook by Fitch Solutions reports.

In Picture