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China traders cut back Iran iron ore purchases ahead of tariff hike

21 September 2019 Time: 23:32
China has taken fewer shipments of iron ore from Iran over August and September, according to Refinitiv Eikon data, as additional export tariffs due to be imposed by Tehran have dampened risk appetites in the world’s biggest steelmaker.

Argentina’s mining sector holds off investments as presidential election looms

6 September 2019 Time: 19:52
Argentina’s mining industry is following closely what opposition candidate Alberto Fernández, the front-runner for October’s presidential election, has to say when it comes to resources exploitation and foreign investment, as worries about the potential Peronist government turning to protectionist measures and populist policies.

Billionaire Friedland-backed miner picks up iron ore deposit in Guinea

6 September 2019 Time: 19:48
Billionaire Robert Friedland-backed High Power Exploration (HPX) has secured rights to develop a massive iron ore deposit in Guinea left undeveloped for years by its previous owners.

CHART: Gold price suffers biggest fall in six years

6 September 2019 Time: 19:44
The gold price plunged in early morning trade on Thursday, in one of the worst trading sessions in dollar terms in gold market history.

IRGC wing to construct artificial island

5 September 2019 Time: 22:54
The Khatam al-Anbiya Construction Base, a business conglomerate and the construction wing of the Islamic Revolution Guards Corps (IRGC), plans to build an artificial island in the Persian Gulf, near Kish Island, a free zone.

Indonesian nickel ore export ban – implications for nickel supply

5 September 2019 Time: 20:33
In theory, Indonesia only allowed exports of ore grading below 1.7% Ni. Current developments in Indonesia, by the likes of QMB and Huayou, to construct leaching plants to process limonite ore grading below this level mean that the “low grade” ores can now be processed domestically.

Demand for battery metals, renewables fuelling human rights abuse — report

5 September 2019 Time: 20:17
Most of the world’s top companies mining for lithium, cobalt and other minerals used in the making of electric vehicles’ (EVs) batteries, solar panels and other green technologies have been linked to alleged human rights abuses since 2010, a new report claims.

Chilean miner Mantos Copper secures $250m to finance concentrator expansion

5 September 2019 Time: 20:15
Private Chilean copper producer Mantos Copper has secured $250 million to fund the expansion of the sulphides concentrator at its Mantos Blancos operation, which will extend the life of the open-pit mine until 2035 and reduce costs.

Eldorado finds first Canadian mine may be richer than thought

5 September 2019 Time: 20:12
Canadian bullion producer Eldorado Gold (TSX:ELD)(NYSE:EGO) said on Thursday that exploration carried out at its Quebec’s Lamaque mine so far this year revealed high grade mineralization beyond the 2018 resource model in the lower portion of the deposit, as well as more ore clusters.

Primetals Technologies receives FAC for automation upgrades at Gerdau Ouro Branco and conducts Industry 4.0 study

5 September 2019 Time: 16:13
In late March, Primetals Technologies received the Final Acceptance Certificates (FACs) for automation upgrades conducted on a third-party 6-strand billet caster and two blast furnaces of Gerdau Ouro Branco in Minas Gerais, Brazil.
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