Category: Mining
Depth coverage on mining industry: ore markets, infrastructure updates, and company news.
Discovery Silver Finalizes $425M Acquisition of Porcupine Gold Complex
Discovery Silver has successfully acquired the Porcupine gold mine complex from Newmont for $425 million, marking a…
Mitsui Invests $5.3 Billion in Rhodes Ridge to Boost Iron Ore Supply in Australia
Mitsui invests $5.3B in Rhodes Ridge iron ore JV with Rio Tinto, boosting Australia offtake to 80mn tons yearly.
Turkey Reduces Iron & Steel Imports from Ukraine by 64% in Q1 2025
Turkey reduced iron and steel imports from Ukraine by 64% in Q1 2025. The majority of imports were iron ore and…
Vale Reports 4.5% Decrease in Iron Ore Production in Q1 2025, Despite Sales Growth
Vale’s iron ore production dropped by 4.5% in Q1 2025, but the company’s sales grew by 3.6%, supported by strong…
EXIM Bank Provides $825M Financing for Ivanhoe Electric’s Santa Cruz Copper Project
Ivanhoe Electric has received support for its Santa Cruz Copper Project, with EXIM Bank offering up to $825…
Evolution Mining Extends Cowal Gold Mine to 2042 With $273.4 Million Investment
Evolution Mining is extending the life of its Cowal gold mine to 2042 with a $273.4 million investment, increasing…
Lindian Resources Accelerates Early Works at Kangankunde Rare Earths Site
Lindian Resources has begun early site works at its Kangankunde Rare Earths Project in Malawi, focusing on infrastructure…
EU-Ukraine Transport Visa-Free Agreement Extended Through 2025 to Boost Trade and Supply Chains
The EU and Ukraine have extended their transport visa-free agreement until the end of 2025, boosting trade and…
Iron Ore Prices Decline Amid Economic Tensions and Global Tariffs
Iron ore prices are dropping amid global trade tensions and economic uncertainty. Steel mills in China are…
First Bulk Carrier with American Coal for Metinvest Arrives in Ukraine
Metinvest Group’s import of US coking coal will stabilize Ukraine’s steel production after the shutdown of Pokrovske Coal…
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