MINING.COM

Meet SNC, the firm that Trudeau’s risking his career to save

Why is Justin Trudeau risking his political career to rescue the construction firm? It comes down to three things: jobs, SNC’s political clout and the special status that many Quebec companies hold.

Bloomberg News | March 11, 2019 | 10:59 am

Homecoming costs tycoon $7B in year of legal drama

ArcelorMittal is finally nearing the end of a yearlong battle to break into India with the $5.9 billion acquisition of Essar Steel India Ltd.

Bloomberg News | March 11, 2019 | 10:42 am

‘Zombie’ enterprises hampering China’s economic transformation – Chinalco

For years, such enterprises have survived on bank loans and local government backing, robbing more deserving companies of financial resources that could have otherwise contributed to local growth.

Reuters | March 11, 2019 | 10:22 am

Cat 797F meets tier 4 final configuration

Caterpillar’s Cat 797F mining truck is now available in a fuel efficient configuration that meets U.S. EPA Tier 4 Final emissions standards.

Canadian Mining Journal Staff | March 11, 2019 | 10:17 am

LME launches seven new contracts to try to boost volumes, profit

The steel and alumina contracts have the best chance of succeeding, according to analysts, traders and other industry sources.

Reuters | March 11, 2019 | 10:10 am

Indonesia’s Antam 2018 profit surges on robust nickel sales

Indonesian state miner PT Aneka Tambang (Antam) targets to start operation of its ferronickel smelter in East Halmahera in the second half of this year.

Reuters | March 11, 2019 | 9:58 am

South Africa’s alluvial diamond miners hampered by lack of government support, funding and inappropriate regulations

The alluvial diamond mining industry has attempted to highlight the diversity of the junior mining sector and the challenges of the ‘one size fits’ all approach to minerals policy by regulators.

South African Diamond Producers Organization | March 11, 2019 | 9:53 am

Russia’s Polymetal says its ore, gold reserves rose in 2018

Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent.

Reuters | March 11, 2019 | 9:41 am

China iron ore futures hit lowest in March so far on steel curbs

The drop in futures mirrored weakness that has prevailed in the physical market since last week, as steel mills reduced output to comply with anti-smog measures.

Reuters | March 11, 2019 | 9:31 am

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