India launches second part of critical minerals auction worth $362 billion
India launched the second part of its critical minerals auction worth an estimated 30 trillion rupees (about $362 billion), the country’s mines minister, Pralhad Joshi, said on Thursday.
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Rare earths prices seen rebounding in second half of 2024
Rare earth prices have likely bottomed out and are poised to rise later this year on demand from electric vehicles (EVs) and wind powerand as dominant producer China is expected to pull back on expanding output quotas, analysts said.
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Fortescue posts drop in second-quarter iron ore shipments
Australia’s Fortescue on Thursday posted a 1.4% fall in second quarter iron ore shipments, due to ongoing maintenance activities at some of its key projects in Western Australia.
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Endeavour Mining’s second-biggest gold mine hit by strike
Workers at Endeavour Mining’s Hondué mine in Burkina Faso, the company second-biggest gold operation, have walked off the job on Tuesday, blocking the access road to the site.
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Circular economy can greatly increase secondary supply of REE in next three decades
Mining News Pro - An international team of researchers has presented a novel integrated model that quantifies how circular economy strategies can reshape global supply chains of critical rare earth elements, such as neodymium, dysprosium and terbium.
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Recording the second monthly production record in the continuous steel casting unit of Mobarakeh Steel
Mining News Pro - A new monthly record was set in the continuous steelmaking and casting unit of Mobarakeh steel in the seven months ending October 1402.
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Iron ore price logs second weekly gain on China stimulus, sound fundamentals
Mining News Pro - Iron ore rose for a second consecutive week, underpinned by stimulus-related optimism and supportive fundamentals in top consumer China, although gains narrowed on Friday on fear of possible government supervision.
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Stornoway Diamond files for bankruptcy for second time, stops operations at Quebec site
Mining News Pro - Stornoway Diamond Inc. is filing for bankruptcy protection for the second time in four years as the miner struggles to deal with volatile pricing on global markets.
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CleanTech Lithium to kick off production at second Chile mine in 2027
Mining News Pro - Chile-focused CleanTech Lithium said on Tuesday that results of a recently completed scoping study of its Francisco Basin project confirmed the asset’s forecast potential and estimated production start in 2027.
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Newcrest drops after potential buyer Newmont’s weak second quarter
Mining News Pro - Shares of Australia’s top gold miner Newcrest Mining Ltd fell as much as 5.4% on Friday, marking its worst intraday fall in nearly 10 months after its potential buyer Newmont Corp overnight reported weaker-than-expected second quarter profit.
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Barrick reports higher gold, copper output for second quarter
Mining News Pro - Canadian miner Barrick Gold said on Thursday its gold and copper production rose sequentially for the second quarter and that it remains on track to achieve full-year target.
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Finniss lithium farewells second spodumene shipment
Mining News Pro - Core Lithium has delivered its second shipment of spodumene concentrate to Darwin Port, ready for shipment to Zhangjiagang in China.
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Buying Teck’s coal unit as a standalone is a ‘distant second’ for Glencore
Mining News Pro - Buying Teck Resources’ coal business as a standalone unit is a “distant second” for Glencore and Teck should not leave out the Swiss miner if it keeps pursuing its separation plan, boss Gary Nagle told the Bank of America conference in Barcelona on Tuesday.
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Lundin Gold stock rises as it beats production guidance for second straight year
Mining News Pro - Lundin Gold, which owns and operates one of the world’s highest grade gold mines in southeast Ecuador, has exceeded its production guidance for the second year in the row.
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World’s second-largest steel producer India to also become its most responsible through green steel adoption, says Jyotiraditya Scindia
Mining News Pro - The steel minister indicated the country may be looking at making it compulsory for steelmakers to dedicate a certain percentage of their capacity to green steel as well as encouraging its usage in government projects.
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Setting the second record of Hormozgan steel in December
Mining News Pro -Hormozgan Steel Company, continuing its brilliant trend in April, September, October and November, which was accompanied by breaking records in monthly production, recorded its second daily record in December.
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Construction sector adds value to economy in second quarter
Mining News Pro - JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat reports that, compared with the first quarter of this year, the construction sector managed to increase the value added to the economy by 4.1% in real terms in the second quarter.
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Chile rejects second Anglo American project in two months
Mining News Pro - Anglo American (LON: AAL) has suffered a new setback in Chile after the environmental commission of Valparaiso, Coeva, rejected the company’s $40 million operational continuity project for its El Soldado copper mine, 125km north of the capital Santiago.
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Codelco halts mining projects after reporting second worker death
Mining News Pro - Chile’s state-owned Codelco, the world’s top copper producer, said on Wednesday it was temporarily halting construction of all mining projects after reporting the death of two workers in less than a month.
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Midhco’s chief executive visited the ongoing projects for the second time
Mining News Pro - Ali Asghar Pourmand, CEO of Midhco, visited the ongoing projects for the second time this year.
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Peru police carry out second day of evictions at halted Las Bambas mine
Mining News Pro - Peruvian police on Thursday are carrying out a second day of evictions at MMG’s Las Bambas copper mine, seeking to remove a remaining indigenous community that had camped inside company property in a protest, a community adviser told Reuters.
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Ten missing as second JSW-run coal mine in Poland hit by tremor
Mining News Pro - Ten people are missing after an underground tremor and methane gas leak at the Borynia-Zofiowka mine operated by JSW SA, Europe’s biggest coking coal producer.
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South32 second-quarter metallurgical coal output falls 15%
Mining News Pro - Australian diversified miner South32 Ltd on Monday posted a near 15% drop in its second-quarter metallurgical coal output, hurt by an extension of a longwall form of mining at its flagship Illawarra project in New South Wales.
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BHP posts 5% jump in second-quarter iron ore output
Mining News Pro - BHP Group on Wednesday reported a 5% rise in iron ore production for the second quarter, driven by strong performance at its Jimblebar mine and ramped up production at South Flank in Western Australia.
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GoldStone completes second gold pour at Ghana project
Mining News Pro - GoldStone Resources has completed its second gold pour at the Homase mine, in the Ashanti Gold Belt, in Ghana.
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Visit: 376