Economic & Industrial

Mining News Pro - The mining sector is seeing some renewed excitement as gold prices post their third week of gains, but one mining executive said that the sector still needs more to attract fresh investment capital.

Mining News Pro - Angola’s head of presidential security, Minister Pedro Sebastiao. Photo by Agencia Angola Press.

Mining News Pro - BCI Minerals has secured the first sale of its Pilbara iron ore divestment process by agreeing to offload the Kumina project to Mineral Resources (MinRes) for up to $35 million.

Mining News Pro - A CG mockup of Fungoni. Image: Strandline/GRES

Mining News Pro - The Australasian Institute of Mining and Metallurgy (AusIMM) has entered into a memorandum of understanding (MoU) with the Global Mining Association of China (GMAC) to boost excellence in the resources industry.

Mining News Pro - US coal major Coronado Global Resources is expected to start trading on the ASX at the start of business on Tuesday, after completing a A$774-million initial public offering (IPO).

Mining News Pro - Strandline Resources has appointed GR Engineering Services Ltd (GRES) as EPC contractor for the processing plant and facilities at the Fungoni mineral sands project in Tanzania.

Mining News Pro - The massive production of ingots required by the UIC60 rails until the end of November

Mining News Pro - The IMIDRO Director of Exploration announced that since 2014, 66,000 square kilometers of exploration space has been allocated to the private sector.

Mining News Pro - BHP Billiton - the third largest iron ore producer has recently announced results for quarter ending Sept’18.

Mining News Pro - According to the latest reports, global body World Steel Association (WSA) today has elected JSW Steel CMD Sajjan Jindal as its treasurer whereas Tata Stee MD T V Narendran is appointed one of its members. Indian-origin L N Mittal, Chief of Arcelor Mittal will also be joining WSA as its member.

Mining News Pro - ASEAN Countries

Mining News Pro - The privatization organization has a public offering of shares of the Rolling and Bourse Ahwaz Tube Company and Khuzestan Steel Oxin Company.

Mining News Pro - Industrial operations looking to embrace the digital transformation, boost productivity and optimise their mobile assets are set to benefit as Rajant Corporation, the exclusive provider of Kinetic Mesh wireless networks, has entered into a partnership with OSIsoft.

Mining News Pro - According to sources, at least seven workers have been reported injured when a fire broke out inside a non-operational oil tanker at Gadani shipbreaking yard on this Sunday, the 14th of October.

Mining News Pro - Creditors of BPSL (Bhushan Power & Steel Ltd) have chosen JSW Steel Ltd. as the preferred bidder to buy BPSL by giving 66.6% vote in its favour.

Mining News Pro - World`s second largest iron ore miner- Rio Tinto recorded decline in Q3 CY`18 shipments. Rio Tinto`s Pilbara iron ore shipments witnessed at 81.9 MnT, down 7% on quarterly basis as against Q2 CY`18 at 88.5 MnT. It has witnessed 5% drop in shipments as against Q3 CY`17 at 85.8 MnT.

Mining News Pro - BHP chief executive Andrew Mackenzie has claimed that businesses are navigating “global volatility” in a thinly veiled reference to escalating trade tensions between the United States and China.

Mining News Pro - Even though the U.S. midterm elections are difficult to predict, TD Securities said the most likely scenario is a divided Congress. But what does that mean for financial and precious metals markets?

Mining News Pro - Ontario explorer Central Timmins Exploration has listed on the TSX-V this week, after closing its initial public offering (IPO), which raised C$1.5-million.

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