Teck says met coal will stay ‘tight’
Teck Resources, the second-biggest producer of seaborne hard-coking coal, expects markets for the steelmaking ingredient will remain tight this year, CEO Don Lindsay […]
Latest Stories
Coveted Chiria deposit will be mined by Steel Authority
Steel Authority of India Ltd. announced on Thursday that it had received government approval to mine Chiria deposits located in Jharkhand, India. […]
De Beers could spend US$1.4 billion to go underground at Venetia
Diamond mining giant De Beers may spend up to US$1.4 billion to extend the life of South Africa’s biggest diamond mine, Bloomberg […]
Report says U.S. coal mine wages outstrip U.S. metal mine wages
Hourly wages at U.S. coal mines continue to increase ahead of those at U.S. metal mines, according to the results of two surveys conducted by CostMine. When […]
Rio Tinto to spend US$1.2 billion in Canada, Australia
Australia Business Reviews reports: Rio Tinto’s quest for world domination in the mining industry continues with its latest US$1.2 billion investments in […]
Magma Metals releases PEA for Thunder Bay North
Australia-based Magma Metals has released a preliminary economic assessment (PEA) of its Thunder Bay North platinum-palladium-copper-nickel project in Ontario, Canada. The PEA […]
Japan to invest billions in Africa to compete with China
Japan is keen to invest “billions of dollars” in minerals and infrastructure in Africa, trying to catch up to regional rival China […]
IOC to expand iron ore production
Rio Tinto has green-lighted an expansion of the Iron Ore Company of Canada (IOC) facility in Labrador City, Canada. The second of […]
Goldcorp sells Osisko stake for $530 million
Goldcorp announced on Tuesday that it sold its 10.1% equity interest in Osisko Mining Corporation. Expected cash proceeds from the sale will […]
