Iron ore price consolidates as traders ponder demand outlook
Iron ore futures were in a tight range on Monday, with the Dalian benchmark ticking up and Singapore prices receding, as investors pondered the demand outlook in the absence of an expected monetary easing in top consumer China.
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SPC Nickel enters agreement with Vale to consolidate deposits in Sudbury camp
Mining News Pro - SPC Nickel has entered into a cooperation agreement with Vale Canada that would see the company consolidate the West Graham and Crean Hill 3 nickel-copper deposits located in the Sudbury mining camp into a single project.
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Consolidation in gold mining sector to continue
Mining News Pro - While organic growth in the mining industry has stagnated over the years, consolidation in the gold sector is still expected to continue as management teams look to grow their production profiles and replenish their project pipelines via the merger and acquisition (M&A) arena versus the riskier route of developing their own greenfield projects, says CreditSights in its latest gold mining sector outlook report.
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China's steel industry consolidation speeds up
Mining News Pro - China's largest steelmaker Baowu Group is taking majority control of a steel company in the Jiangxi province, fast-tracking the company's consolidation plan and boosting production capacity at time of heightened emphasis on decarbonization.
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Weir Minerals and Andritz consolidate tailings ties
Mining News Pro - Weir Minerals and Andritz have signed an agreement which will see the two companies continue to provide equipment and solutions for tailings management in the mining industry.
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Consol restarts West Virginia metallurgical coal project
Mining News Pro - US coal miner Consol on Tuesday announced that it would recommence work on the Itmann metallurgical coal project, in West Virginia, committing to move forward with the construction of a coal preparation facility that would start up in 2022.
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Horizon consolidates landholding near Boorara
Mining News Pro - Gold miner Horizon Minerals has inked a A$5-million agreement to acquire three gold projects near its Boorara project, in Western Australia.
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Southern Silver consolidates Cerro Las Minitas holding
Mining News Pro - Southern Silver Exploration has executed an agreement to buy Electrum Global Holdings’ 60% indirect interest in the Cerro Las Minitas (CLM) project, in Durango, Mexico, for $15-million.
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Ontario consolidation creates district-scale project
Mining News Pro - Toronto-listed companies First Mining and Treasury Metals on Wednesday unveiled a deal to combine their Ontario projects, creating a district-scale, multi-million ounce gold opportunity.
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AuStar in talks with Centennial to consolidate Victorian gold assets
Mining News Pro - AuStar Gold has entered into discussions with the administrators of Centennial Mining to assess proposing a deed of company arrangement with its creditors.
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CONSOL reports record coal production at the Pennsylvania Mining Complex
Mining News Pro - In its full year 2018 results, CONSOL Energy reports that on the operations front, its Pennsylvania Mining Complex (PAMC) achieved record production of 27.6 million (short) tons in 2018, eclipsing the previous record of 26.1 million tons set in 2017 and marking the third consecutive year of production growth.
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TomaGold consolidates Monster Lake, acquires Irene Lake property
Mining News Pro - TomaGold announced on Friday an agreement with Quinto Resources to acquire Quinto`s 5% interest in the Monster Lake property for a cash payment of $500,000.
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Safety in mining consolidation as Total Safety acquires Canada’s Pivotal
Mining News Pro - Total Safety, a leading provider of integrated safety services and solutions in mining and other industries based in Houston, Texas, has announced that it has acquired Pivotal Safety, a full-service safety company serving Western Canada and based in Bonnyville, Alberta.
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Consolidated Zinc starts mining in Mexico
Mining News Pro - ASX-listed Consolidated Zinc will immediately start mining at its Plomosas zinc/lead/silver project, in Mexico, after inking a processing and offtake agreement with Grupo Mexico.
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