MINING.COM

Hitachi’s new EX-7 mining excavators provide next-level fuel efficiency

Within the EX2600-7 and EX5600-7, Hitachi’s Fuel Consumption Optimization (FCO) technologies can reduce fuel consumption up to 8-10% versus the previous models.

Hitachi | April 2, 2019 | 11:56 am

Diamond trading on the open exchange moves closer

The U.K.’s financial regulator has authorized U2 Diamond Prices Ltd. as a benchmark administrator, joining firms such as FTSE International Ltd. and ICE Benchmark Administration Ltd.

Bloomberg News | April 2, 2019 | 11:12 am

Uganda seeks again to redevelop defunct Kilembe copper mine

The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore.

Reuters | April 2, 2019 | 10:55 am

Wildcatters of the prairies get big boost from Alberta oil cuts

One group of Canadian oil producers is gaining from the output cuts imposed by Alberta: the small explorers.

Bloomberg News | April 2, 2019 | 10:12 am

Plan to mine the moon gives Australia opening in new space era

Australia is joining the growing number of nations looking to compete in space. Its advantage? Half the country already looks like Mars.

Bloomberg News | April 2, 2019 | 10:01 am

Glencore, Tohoku Electric set coal contract price at $94.75/T

The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14% lower than a price agreed for the year through September this year.

Reuters | April 2, 2019 | 9:43 am

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.

Cecilia Jamasmie | April 2, 2019 | 9:39 am

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.

Reuters | April 2, 2019 | 9:35 am

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.

Reuters | April 2, 2019 | 9:12 am

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