MINING.COM

Increased production at Chinese domestic coal mines lead to decline in thermal coal prices

Since a price ceiling was imposed at China’s main coal import harbour Qinhuangdao in mid-February, seaborne prices for coal have started to decline.

Frik Els | April 24, 2018 | 3:12 pm

Namibia may scrap black ownership requirements for mining companies – minister

Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.

Reuters | April 24, 2018 | 11:44 am

After weeks of chaos, US throws aluminum industry lifeline

“The US government is not targeting the hardworking people who depend on Rusal and its subsidiaries,” Treasury Secretary Steven Mnuchin said.

Bloomberg News | April 24, 2018 | 11:30 am

Canada’s Teck Resources profit rises on higher sales volumes

Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million.

Reuters | April 24, 2018 | 11:16 am

Chile’s Copec to buy stake in copper project in Peru

Mina Justa, which is expected to require investment of around $1.6 billion, is due to begin construction in the second half of 2018.

Reuters | April 24, 2018 | 11:06 am

Philippines’ top nickel miner keeps sales guidance despite govt curbs

The Philippines' top nickel ore producer, Nickel Asia Corp, said its export plans in 2018 remain unchanged despite government plans to limit mining areas.

Reuters | April 24, 2018 | 10:38 am