Canada-based Baffinland Iron Mines Corporation (Baffinland) has announced that it has received the final regulatory approval to begin the first phase of extraction of iron ore in the Mary River project. Baffinland, 50 percent owned by ...
Tags: Iron Ore, Baffinland
International commodities producer and trader Glencore Xstrata has announced that in the first quarter of the current year its coking coal output from its Australian operations amounted to 1.5 million mt, falling 17 compared to the same ...
Tags: Coking Coal, Xstrata
Peruvian poly-metallic miner Milpo increased production of zinc, lead, copper and silver in the first quarter after bringing online expansions at two of its mines in Peru, the miner said Monday. A unit of Brazil's Votorantim Metais, Milpo ...
Tags: Zinc Output, Silver Output
In April this year, iron ore shipments from Australia's Port Hedland increased by 1.13 percent compared to March and were up 33.89 percent year on year, totaling 34.82 million metric tons. According to the information released by Port ...
Tags: Iron Ore, iron ore shipments
Brazil's Vale produced 1.785 million mt of coal during the first quarter, up 1.9% on the year to a record Q1 volume due to the ramp up of the Moatize mine in Mozambique, the diversified miner said in a production report published late ...
Tags: Vale, Coal Production, coal
The price of platinum is forecast to average $1,457/oz in 2014, 2% down from the 2013 average of $1,487/oz, as strike action has failed to give the metal any meaningful lift so far, metals consultancy GFMS said Friday in a report. "The ...
Tags: Platinum Price, platinum
US-based coal producer Walter Energy has announced its financial results for the first quarter this year, reporting a net loss of $92.2 million, compared to a net loss of $49.4 million in the first quarter of 2013. In the given quarter, the ...
Tags: Walter Energy, coal producer
Mechel, one of the leading Russian mining and metals companies, has announced the temporary halting of mining at Mechel Bluestone in West Virginia, US, which is part of the company's mining division. Due to unfavorable market conditions, ...
Tags: Mechel, Coking Coal Mine
Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...
Tags: Iron Ore, Coal Output
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by 10 percent year on year to 11.3 ...
Tags: Iron Ore, mining giant
Australian iron ore miner Atlas Iron has announced that it shipped a record 2.73 million wet metric tons of iron ore in the quarter ended on March 31, increasing by 1.1 percent compared to the previous quarter, despite inclement weather ...
Tags: Atlas Iron, iron ore, miner
US miner Arch Coal on Tuesday cut its 2014 met coal sales guidance by 1 million short tons, to 6.3-7.3 million st, as shipments and pricing remain weak for the foreseeable future. Arch, in its quarterly earnings statement, said it expects ...
Tags: Soft Market, Arch Coal, miner
Yang Jiasheng, chairman of the Metallurgical Mines' Association of China (MMAC), stated at SteelHome's 10th Steel Development Strategy Conference held in Shanghai at the weekend that China's demand for iron ore has entered a period of ...
Tags: Metallurgy, Mineral, Iron Ore
US-based coal producer Walter Energy, Inc. has announced that it will begin idling its Canadian operations, including the Wolverine and Brazion coal mines in British Columbia, this month, due to the unfavorable coal pricing environment. ...
Tags: Coal Mines, Walter Energy, mine
Iron ore prices are likely to drop to $115/dry mt CFR China this year, lower than Q1's $120.68/dmt average, forcing as much as 70-80 million mt/year of high-cost Chinese supplies to shut, Standard Bank said Monday. Iron ore reference ...
Tags: Iron Ore, iron ore demand