Taconite-pellet plants and ore-concentrating firms produced 29 million tonnes last year, down from 33 million tonnes in 2015.
Japan Mining News
After three days of carefully navigating through a shattered reactor building, the Manbo finally reached the heavily damaged Unit 3 reactor.
But low prices for the radioactive commodity remain a challenge, the latest report by the US Geological Survey (USGS) shows.
Company will suspend operations at the McArthur River and Key Lake at the end of January for at least 10 months.
Cameco said its most immediate goal was to remain competitive and in a position to be among the first to respond when the market calls for more uranium.
"The Kobe Steel crisis is definitely helping other steel producers," Wunderlich Securities chief market strategist Art Hogan said.
Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.
The agreement brings Yancoal’s stake in the Warkworth project to about 85 percent.
Komatsu America Corp., a leading global heavy equipment manufacturer, introduced the D375A-8 crawler dozer today
Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.
On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Alberta
The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.
Former rival bidder Glencore will subscribe to $300 million worth of the rights offer.
After strong start to 2017, US steel output growth for the first six months slows to just 1.3%.
The approval ends a three-week bidding war between Yancoal and Glencore over Rio's thermal coal assets in Australia.
The company has chosen to sell its Hunter Valley coal mines to China-backed Yancoal, but shareholders will decide.
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Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer.
The acquisition would make of Yancoal Australia’s largest pure-play coal producer.
With the completion of the Japanese firm acquisition of 30% of Côté Gold Project, IAMGOLD's liquidity now exceeds $1 billion.
Chinese-owned Yancoal has signalled it may raise its bid for Rio Tinto's Hunter Valley coal assets, after striking the agreement with Mitsubishi to buy its stakes in the same mines.
The deal comes as Sumitomo, Japan’s top gold miner, looks to boost its output through acquisitions and exploration.
Metallurgical coal miners could be exposed to more pricing volatility if a move afoot to do away with quarterly pricing comes to anything.
Company wants to become Australia’s largest independent coal producer.
During the mining trial done at a depth of 4,153 feet, engineers extracted each day around 16,000 cubic metres of gas, with methane content of up to 99.5%.