Popular News

Minerals Council creates voice for small surface miners

January 28, 2020 / www.miningweekly.com

The Minerals Council South Africa has established the Associations Leadership Forum to serve the needs of the council’s association members.These members include the Aggregate and Sand Producers Association of Southern Africa, the Clay Brick Association and the South African Diamonds Producers Organisation (Sadpo), which all represent a number of small miners.AdvertisementThe forum is expect...Read More

Christie's Valentine's Sale to Get Hearts Racing

January 28, 2020 / www.idexonline.com

Christie's is holding an online sale featuring a selection of love-inspired jewelry. The sale, which runs from February 5-13, has over $300 lots. Among the lots are Graff diamond heart earrings ($10,000-15,000); Cartier, diamond "Love" bangle bracelet ($15,000-20,000); JAR aluminum rose petal earrings ($1,500-2,000) and a Verdura "Lace" gold necklace ($5,000-7,000), among other festive h...Read More

Petra expects higher diamond prices, production in six months to June 30

January 27, 2020 / www.miningweekly.com

London-listed Petra Diamonds expects to report production of 2.07-million carats of diamonds for the six months ended December 31.In a trading update published on Monday, ahead of the release of its interim results on February 17, the miner noted that production for the six months had been about 3% higher than the 2.01-million carats produced in the six months ended December 31, 2018.Advertisement...Read More

Karelian Exploration Permit Gets Okay

January 28, 2020 / www.idexonline.com

(IDEX Online) - Karelian Diamond Resources plc, a mining company operating in Finland, has been granted permission to carry out exploration in Lahtojoki South. The area is close to the Lahtojoki Diamond Deposit where kimberlite boulders - believed to derive from an undiscovered kimberlite - have been discovered. The exploration permit includes the area in which kimberlite boulders were discov...Read More

DAILY SCRAP REPORT: Mills may cut production unless deep-sea bookings restart

January 29, 2020 / www.metalbulletin.com

The Turkish deep-sea scrap import markets have remained quiet since yesterday, with both sellers and buyers holding back from the markets, sources said on Tuesday January 28.The mills in Turkey have booked only two deep-sea cargoes in the past two weeks because of the sluggish rebar and billet markets in the country.Late on January 22, a steel mill in the Iskenderun region booked a UK cargo compri...Read More

American Pacific to take Broadway's Madison stake

January 27, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaThe companies intend now to flesh out definitive details of a transaction.Madison is currently under an ‘earn-in with option to joint v...Read More

Quebradona environmental permitting process begins

January 27, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesANLA issued an administrative document indicating AngloGold Ashanti had complied with all the established requirement and provided the environmental authority with all the information and documentsRead More

IRON ORE DAILY: Viral outbreak clouds outlook for market

January 29, 2020 / www.metalbulletin.com

Trading activity in the seaborne iron ore market was muted on Tuesday January 28 with markets in China closed for a week-long public holiday for the Chinese New Year, which has been extended until Sunday in light of the coronavirus outbreak in the country. Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.71 per tonne, unchanged 62% Fe Pilbara Blend fines, cfr Qingdao: $92.75 per tonne, u...Read More

COKING COAL DAILY: Prices flat amid absence of market drivers

January 29, 2020 / www.metalbulletin.com

Trading activity in the seaborne coking coal market was muted on Tuesday January 28 due to the absence of Chinese participants.Fastmarkets indicesPremium hard coking coal, fob DBCT: $152.29 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $162.73 per tonne, unchangedHard coking coal, fob DBCT: $127.01 per tonne,...Read More

Seaborne iron ore concentrate demand weakens, but pellet appetite firm

January 29, 2020 / www.metalbulletin.com

Demand for seaborne iron ore concentrate weakened ahead of a week-long public holiday in China for the Chinese New Year with mills in the country likely to have built up their inventories well in advance, while that for pellets was stronger due to last-minute restocking.ConcentrateThe weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $111.87 per tonne last Friday Janua...Read More