Vale Q2 profit down on weak prices from iron glut
Write-downs also hurt bottom line, yet production robust.
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Eldorado Gold reports in-line quarterly earnings
Gold revenue grows while gross profit shrinks.
Glencore, ArcelorMittal seeking stake in Simandou: report
They would be going for the northern portion of the massive iron ore deposit, seized from Israeli billionaire Beny Steinmetz and mining giant Vale in April.
IMAGE GALLERY: Throwing the switch on KGHM’s Sierra Gorda mine in the Atacama Desert
The143-kilometre seawater pipeline is operational
Ruukki Metals opts in favour of Loesche mills for more efficient steel production
The Finnish steel producer Ruukki Metals is converting its blast furnaces at the Raahe site in Finland from oil injectors to more cost-efficient Pulverized Coal Injection (PCI). The new injection system is supplied by Claudius Peters Projects GmbH and two LOESCHE mills LM 23.2 D will be installed to handle the coal grinding.
MICROMINE to introduce Geobank Mobile 2 at Diggers and Dealers
Leading provider of intuitive software solutions and services to the international mining sector, MICROMINE, is exhibiting at this year’s Diggers and Dealers Forum, 4 - 6 August, Kalgoorlie, Western Australia.
New gold fix to debut by year-end
The plan is to announce a third-party administrator by the end of September.
Mali revokes 130 mining licences
Decision comes on the heels of a finished inventory of permits, which aimed to clean up the sector.
Australia’s Queensland resumes uranium mining
Nuclear energy production and waste disposal remain under a ban.
