Iron ore price tops $100 a tonne for the first time in 5 years
Increasing supply worries after Vale warns of another dam burst.
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US agrees to lift steel, aluminum tariffs for Canada, Mexico
The reports come after U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau discussed the tariffs earlier on Friday.
Zambian president threatens Glencore, Vedanta with ‘divorce’
The threat marks an escalation in tensions between the mining industry in Africa’s second-biggest copper producer and the state, after an increase in royalties and plans to introduce new taxes.
British Columbia copper miners feeling pinch from carbon tax, power costs
BC Energy, Mines and Petroleum Resources Minister Michelle Mungall marked Mining Month last week by acknowledging that the industry provides 30,000 direct […]
StanChart is said to hire JPMorgan’s top mining banker in Asia
Michael Willoughby has been named co-head of metals and mining for the region at Standard Chartered and will be based in Singapore, sources said.
South African court clears way for Sibanye’s acquisition of Lonmin
The transaction would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.
Northern Superior discovers gold-bearing structures at massive TPK project in Ontario
The miner said the discoveries represent an important advance in defining bedrock-hosted high-grade gold mineralization, necessary to yield the unique world-class gold grain-in-till dispersal apron that the property hosts.
Diamond Fields and Denham Mining join forces at Beravina zircon project in Madagascar
Beravina is a hard rock zircon deposit with a NI 43-101 Inferred Mineral Resource estimate of 1.5 million tons at 22.7% zircon (ZrSiO4) equivalent to 15.3% ZrO2.
Billionaire Friedland close to deal with BHP on Guinea iron ore
If successful, talks will see him move to develop the Nimba deposit on Guinea’s border with Liberia, which has sat undeveloped for years.
