BlackRock cools on iron ore outlook
The world's biggest mining investor has given a clear signal on where it believes the iron ore price is headed.
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China and India demand not enough to save gold: Clyde Russell
It should be abundantly clear to the gold bulls by now that the three main factors that drove the metal to its all time high were an unusual combination
Japan iron ore imports up 7% in Jan-Feb
Japan's iron ore imports totaled 10.6 million tonnes in February this year.
Brazil’s March iron ore exports down by 18%
Iron ore export volume amounted to 22.6 million tonnes in March this year.
Golden Deeps finds near surface copper mineralization at Namibia project
Golden Deeps has successfully demonstrated that copper mineralization at its Deblin Copper Project in Namibia exists nearer to surface than previously identified.
Odisha iron ore miners eying pelletization biz as exports drop
Business Standard reported that faced with stiff margins pressure in iron ore fines exports due to poor demand and higher transportation cost […]
BCL Mine diversifies to iron ore
The BCL Mine is looking at diversifying into iron ore and manganese mining as part of efforts to sustain the company beyond […]
Indian iron ore mining mess – Belekeri illegal export much higher
Bangalore Mirror reported that the details in the Central Empowered Committee’s report on illegal mining could well be just a little ripple […]
Mitsubishi could help defuse Anglo and Codelco row
Reuters ported that Japanese trading house Mitsubishi Corporation could cede part of its stake in disputed Chilean copper properties to solve a bitter row between Anglo American Plc and Codelco assets as the mining titans sought more time for the high...
Peru says deal reached on Anglo American mine
Reuters reported that Peru has brokered a deal between the regional government of Moquegua and Anglo American to allow the global firm to build its USD 3 billion Quellaveco copper mine.
Sberbank Capital acquires 49pct of gold ore project in Armenia
Interfax reported that LLC Sberbank Capital a subsidiary of Sberbank of Russia has acquired 49% of shares in Armenia CJSC Paramount Gold Mining which owns the license to develop the Lusadzhur gold ore deposit in Armenia Kotayk Province.
World Bank withdraws $30 million pledge for Thar coal project
Dawn reported that the World Bank has withdrawn its commitment of providing an IDA Credit of $30 million for the Thar Coal and Power Project because of their policy of focusing on low carbon technologies.
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