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Philippines’ top high-grade nickel ore miner set to shut down — govt official

18 August 2019 - 07:02
The Philippines’ top exporter of high-grade nickel ore is expected to shut its mining operations soon as ore deposits at a project in the nation’s southernmost province of Tawi-Tawi are nearly depleted, a ministry official told Reuters.

China’s Huayou pulls out of Congo cobalt mine investment after price slump

18 August 2019 - 06:59
China’s biggest cobalt refiner Zhejiang Huayou Cobalt said on Thursday its overseas unit is pulling out a deal to invest $66.3 million in a cobalt mine in the Democratic Republic of Congo (DRC) after prices of the metal slid.

Avesoro regains control of Burkina Faso gold mine after security breach

18 August 2019 - 06:55
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) has regained control of its Youga gold mine in Burkina Faso after being forced to halt operations last week.

Vale carries out construction work on emergency-level dams in Minas Gerais

18 August 2019 - 06:52
Vale announced this week it is carrying out three impoundment projects in Minas Gerais, Brazil, in areas downstream of the Sul Superior in Barão de Cocais, B3/B4 at Macacos in Nova Lima, and Grupo dams near the community of São Gonçalo do Bação, in Itabirito.

Acacia Mining resumes gold exports from North Mara; processing remains halted

18 August 2019 - 06:47
Embattled Acacia Mining (LON:ACA), Tanzania’s top bullion producer, has resumed exports from its largest mine in the country, but noted that ore processing is now officially halted, as a ban issued by the government last month has come into effect.

Ivanhoe, CITIC complete second major financing for Congo mines

18 August 2019 - 06:43
Canada’s Ivanhoe Mines (TSX:IVN) has received a second major strategic investment of C$612 million (about $490m) from its largest shareholder, China’s state-owned CITIC Metal, that will be used towards speeding up construction of a giant copper mine in the Democratic Republic of Congo.

Cryptocurrency campaign seeks to help Iran flood victims

17 August 2019 - 23:43
An independent campaign has been launched in Iran in order to attract international aid in cryptocurrency for flood victims in the face of US sanctions which have choked off foreign funds.

Tokyo Steel Chooses Q-ASC for Scrap Selection

17 August 2019 - 23:39
Tokyo Steel, the largest steel scrap consumer in Japan, purchases various types of scrap to feed its electric-arc furnace melting process.

Official: Value of Sistan-Baluchestan's four-month exports up 76%

17 August 2019 - 23:35
The southeastern Iranian province of Sistan-Baluchestan exported products worth more than $337 million during March 21-July 22, 2019, indicating a 76-percent growth year-on-year.

NIOC: Iran to present oil at stock exchange for sixth time

17 August 2019 - 23:33
The National Iranian Oil Company (NIOC) announced on Saturday that the sixth round of introducing Iran’s crude oil at the stock exchange will start as of August 21st.
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