Economic & Industrial

Mining News Pro - Annual summit of Khouzestan Steel Company has been held with the presence of members of the board, representatives of Iranian Privatization Organization and Tehran Stock Exchange.

Mining News Pro - Rolls-Royce Power Systems and XCMG, the multinational heavy machinery manufacturing company based in Jiangsu, China, have formed a strategic cooperation alliance to further develop the Chinese domestic and export mining equipment markets, providing optimised solutions to customers worldwide.

Mining News Pro - Rio Tinto and its lead technology partner on the AutoHaul™ project, Hitachi Rail STS, joined together today to celebrate the successful deployment of the world’s first automated heavy-haul long distance rail network.

Mining News Pro - Saracen Minerals has made an off-market offer to acquire Western Australia-based gold miner Bligh Resources.

Mining News Pro - Great Bear Resources of Vancouver is raising $5.5 million to extend its current drill program at the Dixie property to 90,000 metres. That is a 50% increase over the originally planned 60,000 metres.

Mining News Pro - Rio Tinto has supported the Graham (Polly) Farmer Foundation (GPFF) and Western Australia’s minister for education and training in opening the Karratha science, technology, engineering and maths (STEM) centre for Indigenous students in the Pilbara.

Mining News Pro - Outotec has signed a contract with Baikal Mining Co for the design and delivery of a greenfield copper concentrator and hydrometallurgical plant for the Udokan project.

Mining News Pro - The price of copper was hammered on Wednesday amid mounting worries about the impact of a trade war between the world’s two largest economies and a global slowdown in manufacturing.

Mining News Pro - Royal Road Minerals’ (TSX-V: RYR) shares jumped over 8% by mid-day Friday, following the announcement of a C$5million ($3.7m) private placement from Agnico Eagle Mines.

Mining News Pro - Iran Minerals Production and Supply Company intends to hold an auction for the mining exploration in Kahdelan, East Azerbaijan Province, Iran.

Mining News Pro - The Labor Party’s unexpected loss in the federal election over the weekend could owe to its anti-mining policies, evident in regional Australians’ eroding support for the party.

Mining News Pro - Canada’s federal government has invested US$242,000 (C$325,000) in a Mining Association of Canada-led project to better provide industry with the tools and knowledge required to plan for LOM climate-related decisions.

Mining News Pro - Lynas Corporation has signed a memorandum of understanding (MOU) with Blue Line Corporation to develop rare earths separation capacity in the United States.

Mining News Pro - Mining services company Ausdrill is dropping a previously announced refinancing plan due to ongoing heated trade debates between the United States and China.

Mining News Pro - British Columbia’s top mining companies have been on a roller-coaster ride over the past five years, according to data compiled for Business in Vancouver’s Biggest Mining Companies in B.C. list.

Mining News Pro - In a National Resources Statement published in February 2019, the Australian government set out its policy and long-term reform agenda for the country’s resources sector.

Mining News Pro - SIMPEC has been awarded a $10 million contract to build an 800-room camp at Fortescue Metals Group’s Eliwana iron ore project in the Pilbara, Western Australia.

Mining News Pro - Glencore has delivered strong March quarter results despite weather and safety issues affecting production at its Australian mines.

Mining News Pro - First Quantum Minerals of Vancouver has offered an update on progress at the Cobre Panama copper mine as it made 25 tonnes of copper during the first quarter of this year. The project is on track to deliver between 140,000 and 175,000 tonnes in 2019. About 80% of total output will occur in the second half of the year as the mill ramps up to its annual capacity of 72 million tonnes by the end of this year.

Mining News Pro - The Argentinian Chamber of Mining Entrepreneurs issued a report this week stating that it expects mining industry investments to reach $29 billion and employ about 80,000 people in 2019.

In Picture