Great Mining – Page 5 – It's all about Mining Techniques, Equipments, Products and Companies

Sources indicate that Glencore and Trafigura are aiming for spot prices in their negotiations for the sale of mined copper.

admin1 year ago05 mins

Glencore and Trafigura are urging Asian smelters to agree to lower spot prices for the conversion of mined copper into metal this year, challenging the traditional industry benchmarks that are considerably higher, according to three sources familiar with the situation. Traditionally, the industry has relied on annual benchmarks, known as treatment charges (TCs), for contracts…

The Metals Company reigniting race to mine the ocean floor :

admin2 years ago05 mins

The race to mine the ocean floor is being reignited as the Metals Company, a Canadian resource exploration and development company, has announced plans to explore for and develop seafloor massive sulfide (SMS) deposits. SMS deposits are formed on the seafloor when hydrothermal fluids, or hot water, rich in metals and minerals, are expelled from…

Zambia’s Ambitious Plan to Boost Copper Production

admin11 months ago02 mins

Zambia, the second-largest copper producer in Africa, has set an ambitious goal to increase its annual copper production to one million tons by 2027. This target represents a substantial 40% increase from current levels. The drive to expand production is fueled by significant new investments in the mining sector and the development of existing mines….

New South Wales greenlights Maxwell coal mine :

admin2 years ago1 year ago06 mins

The approval of the Maxwell coal mine in New South Wales, Australia, has sparked debates about the delicate balance between energy needs, economic development, and environmental conservation. The decision highlights the ongoing global challenge of reconciling the demand for fossil fuels with the imperative to address climate change and transition to renewable energy sources. The…

World’s top diamond miner Alrosa hit by US sanctions :

admin2 years ago1 year ago05 mins

Alrosa, the world’s top diamond miner, has been hit by US sanctions, leading to a drop in its share price and a warning from the company that it could be forced to delay some of its projects. The US Treasury Department announced on April 15th that it had sanctioned Alrosa and its subsidiaries for their…

Gold stock sentiment neutral :

admin2 years ago2 years ago05 mins

The stock market is a complex and ever-changing environment, with sentiment often playing a major role in determining the success or failure of an investment. When it comes to investing in gold, sentiment can be an important factor, as investors often look to the precious metal as a safe haven in times of economic uncertainty….

Getting a heartbeat on British Columbia miners :

admin2 years ago06 mins

The mining industry in British Columbia has a long and storied history, one which has been intertwined with the development of the province itself. From the discovery of gold in the Cariboo region in the late 19th century, to the emergence of copper and coal mining in the 20th century, mining has been an integral…

Uranium mining stocks gain as US weighs sanctions on top Russian supplier :

admin2 years ago05 mins

Uranium mining stocks rose on Thursday after the United States government announced it was considering imposing sanctions on Russia’s state-controlled nuclear energy company, Rosatom, in response to the country’s alleged interference in the 2020 presidential election. The news sent uranium mining stocks higher as investors bet that the potential sanctions would limit Russia’s ability to…

Iron ore price hits six-month high as China plans more stimulus :

admin2 years ago1 year ago05 mins

Iron ore prices have surged to their highest level in six months, as China plans to introduce more stimulus measures to boost economic growth. The price of iron ore, the key ingredient in steel production, rose to $90.70 a tonne on Monday, the highest level since early October 2019. The surge was driven by reports…

Codelco finalizes an agreement with the supervisors union at the Chuquicamata copper mine.

admin1 year ago01 mins

On Friday, Chile’s state-owned Codelco, the largest global copper producer, announced the successful negotiation of a new contract with the union representing supervisors in its Chuquicamata division. The agreement, impacting 658 individuals, incorporates incentives tied to goal achievement and enhanced productivity, according to the company’s statement. While the financial details remain undisclosed, the contract spans…

China lithium miners restart after government investigation :

Gold investment surging :

The global copper market is entering an age of extremely large deficits :

Civmec gets over $228m contract for Rio’s Western Range project :

Golden Minerals tables initial resource for Yoquivo silver-gold project in Mexico :

Codelco finalizes an agreement with the supervisors union at the Chuquicamata copper mine.

Sources indicate that Glencore and Trafigura are aiming for spot prices in their negotiations for the sale of mined copper.

The Metals Company reigniting race to mine the ocean floor :

Zambia’s Ambitious Plan to Boost Copper Production

New South Wales greenlights Maxwell coal mine :

World’s top diamond miner Alrosa hit by US sanctions :

Gold stock sentiment neutral :

Getting a heartbeat on British Columbia miners :

Uranium mining stocks gain as US weighs sanctions on top Russian supplier :

Iron ore price hits six-month high as China plans more stimulus :

Codelco finalizes an agreement with the supervisors union at the Chuquicamata copper mine.