Iron ore price set for weekly gain on prospects of improving China demand

Iron ore futures were mixed on Friday, but set for a weekly gain on mounting anticipation of a pick up in demand in top consumer China amid signs of improving steel consumption.

US-China tensions boost prospects for Mexico copper smelter plan

Mining News Pro - US-China tensions are boosting the prospects of a Mexican copper smelter project proposed by Southern Copper Corp.

Canada’s budget measures brighten funding prospects for critical miners

Mining News Pro - Canada’s move to expand the investment tax credit for mining companies to align it with policies in the United States is accelerating funding talks for critical miners, company executives told Reuters.

Iron ore price falls as traders weigh demand prospects in China

Mining News Pro - The iron ore price fell on Friday as traders weighed demand prospects in China.

Gold price set for third straight weekly drop on Fed rate hike prospects

Mining News Pro - Gold edged up on a weaker dollar on Friday, but is still on course for a third consecutive weekly decline, with the metal facing pressure from prospects of aggressive rate hikes from the US Federal Reserve.

Orocobre excited about prospects

Mining News Pro - Orocobre is expecting strong results for the quarter ended June, on the back of increased production.

Rio forms JV to explore untapped copper-gold prospects

Mining News Pro - Rio Tinto has signed a joint venture agreement with Tali Resources over the exploration of five prospective copper-gold tenements in Western Australia.

NT explores seabed mining prospects

Mining News Pro - Northern Territory has reviewed the possibility of conducting seabed mining in the state’s coastal waters and is seeking public comment on the controversial practice.

Altus progresses sale of Côte d`Ivoire gold prospects

Mining News Pro - Altus Strategies has signed a nonbinding term sheet with TSX-V-listed Stellar Africa Gold for the sale of its Prikro and Zenoula gold project, in Côte d`Ivoire.

COVID-19 pandemic dents prospects of cement sector

Mining News Pro - The coronavirus pandemic has dented the prospects of the Indian cement sector. Besides materially dragging the sector’s improving utilisation curve, the virus outbreak has also pushed ahead the emerging pricing power of companies in north and central India by at least two years.

SteelMint Events;

Webinar: Prospects of long products against covid-19 onslaught

Mining News Pro - SteelMint Events is holding a webinar related to steel long products with a guest speaker from Vedanta’s Electrosteel Steels Limited.

Gem upbeat on future prospects for Letšeng and the company

Mining News Pro - Diamond miners Gem Diamonds delivered solid operational results for the year ended December 31, which, together with the targeted gains of a business transformation programme and continued emphasis on cost controls, affirmed it as one of the lowest-cost producers in the industry, CEO Clifford Elphick said on Wednesday.

Prospects brighten for Northern Dynasty Pebble mine on leaked draft study

Mining News Pro - A leaked draft of an environmental impact statement (EIS) on Northern Dynasty’s proposed copper-gold mine in Alaska has brightened up its prospects, suggesting nearby terrestrial freshwater resources and downstream fisheries could co-exist with the project.

Auroch ‘bullish’ on Minotaur’s Western Australian nickel prospects

Mining News Pro - Auroch Minerals is bolstering its presence in Western Australia through a proposed acquisition of Minotaur Exploration’s Saints and Leinster nickel projects near Kalgoorlie.

Bristow excited about prospects of ‘new Barrick’

Mining News Pro - The joint venture (JV) that Barrick is creating with Newmont in Nevada is a catalyst for further shareholder value, CEO Mark Bristow said on Thursday, highlighting to investors on a roadshow that the Nevada complex would be in a “league of its own”.

Northern Minerals discovers two new rare earth prospects in WA

Mining News Pro -Northern Minerals has announced two new high-grade heavy rare earth (HRE) discoveries, Dazzler and Iceman, less than 15 kilometres from its Browns Range processing plant in northern Western Australia.

M&R upbeat on prospects for mining unit amid commodity cycle ‘upturn’

Mining News Pro - Engineering and construction group Murray & Roberts (M&R) is upbeat about prospects for its strong-performing underground mining unit

IRALCO Prospects Brighten After US Sanctions on Russian Producer Rusal

Mining News Agency- In market disruptions, one’s loss is usually another’s gain. This was particularly true for the aluminum market in April.

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