Industry sources say automaker interest bodes well for the contracts, but new contracts usually take years to gain traction and a lack of interest from steelmakers could slow the process.
Europe Mining News
The link’s capacity increased to 1 million barrels a day from 900,000.
While MMK said it sees stable demand for steel products in its markets, it warns that global steel prices could put pressure on results.
The Zaldívar copper mine in Chile, a joint venture between Antofagasta and Barrick, will be able to replace greenhouse gas emissions equivalent to 350,000 tonnes per year, or about 87,000 vehicles annually.
Arcelor reported a 42 percent year-on-year increase in third-quarter core profit (EBITDA) to $2.73 billion, roughly in-line with analyst expectations.
After 14 public hearings, the Montagne d'Or project is taking some steps forward.
The government is keen to develop the mine which holds an estimated 7.4 billion tonnes in reserves.
Nornickels consolidated copper output has risen by 20% to 290,878 tonnes in the first nine months of 2018.
Outotec now expects its adjusted 2018 EBIT margin to be in the range of 5-6% against the previous target of 5-7%.
So far in 2018, Gem has found thirteen diamonds over 100 carats, two of which were found in the third quarter.
President Vladimir Putin, who attended the opening ceremony, said the new operation reinforced the state-controlled firm's position as a diamond world leader.
Following two innovation summits between ICMM members and suppliers, a governance model for collaboration has been designed.
Nyrstar's CFO Michel Abaza said that no decision had yet been taken on how to tackle the company's debt levels but that the board would come back with a decision in the coming months.
The plunge is a result of lower zinc treatment charges, rising energy prices and higher operating charges.
The gold miner has given up on Kumtor and decided to focus its efforts on completing a deal for Armenia-based Kapan Mining instead
Alrosa has joined rival De Beers' Tracr industry blockchain traceability platform, aimed at clearing the supply chain of imposters and conflict diamonds.
Government and unions reached a deal that will see €250 million invested in mining regions over the next ten years,
"Our goal is to complete the plant by the end of 2020, with commercial production commencing at the start of 2021," Joni Lukkaroinen, CEO of Terrafame
Malfunctioning furnaces tank Outotec's shares.
Glencore's copper production rose to 1,063,100 tonnes from the start of this year and cobalt output jumped 8,700 tonnes to 28,500 tonnes.
The project would make Kışladağ a nine-year, 270,000-ounce-per-annum gold mine.
"Screamingly bullish" is how analysts at Citi described the Shanghai Zinc market earlier this month.
Company now expects to produce between 705,000-725,000 tonnes this year, down from the earlier 705-740,000 tonnes target.
The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, revised silver output guidance down to between 62 million ounces and 64.5 million ounces from a range of 64.5 million to 67.5 million earlier.
Tribunal orders the companies to pay costs of around $3.5 million to the government.