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Brumadinho dam disaster keeps hurting Vale: iron ore output falls 34%

22 July 2019 Time: 22:53
Brazil’s Vale (NYSE:VALE), the world’s No.1 iron ore miner, saw output of the steelmaking commodity collapse by almost 34% in the second quarter of the year, compared to the same period in 2018.

Europe’s largest lithium project could be up and running mid-2022 -EMH

22 July 2019 Time: 22:49
European Metals Holdings could begin operations at its Cinovec lithium project in the Czech Republic by mid-2022, and is holding preliminary discussions with potential customers, it said on Monday.

Serabi Gold moving forward with permitting third Brazilian mine, keeps guidance

22 July 2019 Time: 22:42
Brazil-focused Serabi Gold (LON,TSX: SBI) said Monday it remained on track to produce between 40,000 and 44,000 ounces of the precious metal this year from its Palito and Sao Chico mines in the country’s north, almost 19% more than the 37,108 ounces it churned out last year.

Guinea seeks developers for Simandou iron ore deposit

22 July 2019 Time: 22:37
Guinea has launched an international tender for blocks 1 and 2 of Simandou, giving companies until Aug. 2 to outline their bids, as the country seeks to revive interest in the world’s largest undeveloped iron ore deposit.

Weak demand takes shine off Petra Diamonds revenue

22 July 2019 Time: 22:33
South Africa’s Petra Diamonds (LON:PDL) on Monday became the latest victim of weak demand for precious stones that is crippling the industry after reporting full-year revenue below analysts’ estimates.

Tehran Chamber of Commerce proposes govt. budget reforms

22 July 2019 Time: 21:48
Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has put forward three specific proposals for the government to carry out a structural overhaul of its budget.

JCPOA Joint Commission meeting scheduled for July 28: Iran Foreign Ministry

22 July 2019 Time: 21:45
Iran's Foreign Ministry spokesman says an urgent meeting of the Joint Commission on the implementation of the Iran nuclear deal will be held at the level of political deputies and directors in the Austrian capital city of Vienna in late July.

Stock market value reaches $285.7b

22 July 2019 Time: 21:39
The value of stock market in Iran reached 12.282 quadrillion rials (about $285.714 billion) at the end of the third Iranian calendar month of Khordad (June 21), Securities and Exchange Organization (SEO) published on its website SENA on Sunday.

800km of gas pipelines to be added to national network by Mar. 2020

22 July 2019 Time: 21:37
Head of Iranian Gas Engineering and Development Company (IGEDC) said the company plans to build 800 kilometers of pipelines for gas transmission by the end of the current Iranian calendar year (March 20, 2020).

Govt. economic committee approves mechanism for mining cryptocurrencies

22 July 2019 Time: 21:34
Iranian government’s economic committee on Sunday approved a mechanism for mining cryptocurrencies as Iran rushes to bring its growing mining farms in line with national laws, Mehr news agency reported.
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