MINING.COM

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

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.

Caterpillar | April 2, 2019 | 9:05 am

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.

MINING.COM Staff Writer | April 2, 2019 | 7:02 am

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.

Cecilia Jamasmie | April 2, 2019 | 7:02 am

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.

MINING.COM Staff Writer | April 2, 2019 | 7:00 am

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.

Cecilia Jamasmie | April 2, 2019 | 5:14 am

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