Fortescue OKs $2.6B expansion of Iron Bridge magnetite project
The announcement follows the company's commitment to build the $1.3 billion Eliwana iron ore mine last year.
Latest Stories
Iron ore prices shift structurally higher on Vale woes
Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.
Major players Korea Zinc, Teck agree 67% jump in processing charge
The deal was largely in line with current spot treatment charges in China, which have soared to $240 a tonne from a low of $12.50 at the start of 2018.
Wet disk snubber upgrade cuts maintenance on Cat rope shovels
Caterpillar recently introduced a new wet disk snubber upgrade for dipper doors on its 7495 Series electric rope shovels.
IBM and Sandvik launch solution that tracks mining equipment performance
The companies say that their OptiMine Analytics technology is particularly useful when it comes to dealing with failing equipment and regular maintenance.
Frontier Lithium to build demonstration plant for battery metals products
The plant is expected to produce up to 15,000 tonnes of lithium concentrate (spodumene) per year from samples taken at the PAK deposit, located in Canada's northwestern Ontario.
Royal Canadian Mint releases three new bullion coins
The pieces include double-incuse Gold and Silver Maple Leaf bullion coins and its newest "Call of the Wild" bullion coin, which features a moose.
First Quantum plans $327m expansion of giant copper mine in Panama
The Canadian miner plans to expand Cobre Panama, located about 120 km west of Panama City, and 20 km from the Atlantic coast, from 85 million tonnes per year to 100Mtpy beginning in 2023.
Cannabis mania mows down Canada’s junior mining sector
There is enough evidence to conclude that risk capital has found a new home, a BDO report shows. The question now is, how and where will junior miners find the capital needed to sustain their businesses?