Rio Tinto’s Silvergrass iron ore mine to begin production by year-end
The $338 million-project will take annual mine capacity from 5 to 10 million tonnes.
Latest Stories
De Beers to host first auction for third-party exceptional polished diamonds
Sellers and buyers of responsibly sourced, exceptional polished diamonds will be able to transact anonymously via the De Beers Auction Sales platform for the first time this month, when the exceptional polished stones auction is held on 29 June.
Trump has been good news for miners — Callinex CEO
Trump’s measures to revitalize the mining industry are steps on the right direction, and they will benefit not just the US, but also Canada, said Max Porterfield.
Yancoal grabs Mitsubishi stakes in Rio Tinto’s coal mines in $940m deal
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.
Weir Group expands into Asia with Singapore firm acquisition
Move seeks strengthening the firm’s position as energy markets recover.
Coking coal price slides to 8-month low
Cyclone Debbie forcing Asian steelmakers to diversify supply – Mozambique could be big beneficiary.
Copper demand from electric vehicles to be nine times higher by 2027 — study
The growing market for electric vehicles will significantly impact demand for copper over the next decade, according to new research commissioned by the International Copper Association.
Tanzania accuses Acacia of illegal mining in fresh blow to Barrick’s subsidiary
Government accused the gold miner of operating illegally in the country and said it has been evading taxes.
K+S Bethune mine in Canada churns out first tonnes of potash
The mine, which began operations last month, is expected to produce 600,000 to 700,000 tonnes of potash this year and 2 million tonnes per year once at full capacity.
