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Report: Iron ore production and consumption set to increase globally in 2020

Global iron ore production is projected to reach 2,285.5 million tonnes (Mt) in 2020, growing at a compound annual growth rate (CAGR) of 2%, according to a report by Timetric....

Report: Iron ore production and consumption set to increase globally in 2020

ArcelorMittal to halt expansion project at Mont-Wright iron ore mine in Canada

ArcelorMittal is reportedly suspending Mont-Wright iron ore mine expansion project in Quebec, Canada, due to weak market conditions. ...

ArcelorMittal to halt expansion project at Mont-Wright iron ore mine in Canada

Deals this week: Eloro Resources, Rise Resources, Athabasca Nuclear Corporation

Eloro Resources has signed a letter of intent (LoI) to acquire a 100% undivided interest in the La Victoria property, in Huandoval District, Pallasca Province, Peru, from a Tartisan Resources...

Deals this week: Eloro Resources, Rise Resources, Athabasca Nuclear Corporation

M&As this week: Galaxy Resources, Almonty Industries, Capital Mining

Galaxy Resources has reached an agreement to acquire the remaining stake in General Mining Corporation for approximately A$216m ($155.12m)....

M&As this week: Galaxy Resources, Almonty Industries, Capital Mining

Silver Standard completes Claude Resources acquisition for $252m

Silver Standard Resources has completed the acquisition of Canadian-based Claude Resources in a deal worth C$337m ($252m)....

Silver Standard completes Claude Resources acquisition for $252m

Glencore to close Tahmoor mine in Australia due to weak coal prices

Glencore has announced plans to close its Tahmoor underground coal mine in New South Wales, Australia, by early 2019 due to weak prices of the commodity. ...

Glencore to close Tahmoor mine in Australia due to weak coal prices

Sandvik and Lingong sign underground mining equipment deal

Swedish company Sandvik has signed an agreement with China-based Lingong Group Jinan Heavy Machinery for the production and sale of surface and underground mining...

Sandvik and Lingong sign underground mining equipment deal

RCR secures construction contracts with MMG and Rio Tinto

Australian engineering and infrastructure company RCR Tomlinson has secured two construction contracts with MMG and Rio Tinto, worth a combined $108m....

RCR secures construction contracts with MMG and Rio Tinto

Cyprium completes restoration of third shaft at Mexico's Potosi silver mine

Canada-based Cyprium Mining has completed rehabilitation of the third shaft of its Potosi silver mine in northern Mexico....

Cyprium completes restoration of third shaft at Mexico's Potosi silver mine

Barrick Gold reaches $140m settlement in US investor lawsuit over Pascua-Lama project

Barrick Gold has reached a $140m settlement to resolve a pending class action lawsuit before the US District Court that accused the company of allegedly falsifying facts of its Pascua-Lama...

Barrick Gold reaches $140m settlement in US investor lawsuit over Pascua-Lama project

Mantle Mining to restart production at Morning Star gold mine in Australia

Mantle Mining is scheduled to restart production at its underground Morning Star gold mine in Woods Point, Victoria, Australia, which originally closed in 1963 due to a lack of activity....

Mantle Mining to restart production at Morning Star gold mine in Australia

Fortescue wins second towage licence for Australia's iron ore port

Fortescue Metals Group subsidiary Pilbara Marine has secured a tender with Pilbara Ports Authority (PPA) to operate a second towage service at Port Hedland iron ore export terminal in Australia....

Fortescue wins second towage licence for Australia's iron ore port

Galaxy to acquire General Mining for $155m

Australian lithium developer Galaxy Resources has signed an agreement to acquire joint-venture partner General Mining for A$216m ($155m)....

Galaxy to acquire General Mining for $155m

Deals this week: Mexus Gold, Pacific North West Capital, Australian Mines Limited

Mexus Gold US has reached an agreement to form a 50:50 joint venture (JV) with MarMar Holdings, for the development of the Julio / Santa Elena property located in Caborca,...

Deals this week: Mexus Gold, Pacific North West Capital, Australian Mines Limited

Nautilus upgrades mineral resource estimates for underwater mining project in Mexico

Tonga Offshore Mining, the wholly-owned subsidiary of Nautilus Minerals, has upgraded mineral resource estimates for its underwater polymetallic nodule mining project in the eastern Pacific,...

Nautilus upgrades mineral resource estimates for underwater mining project in Mexico

Report: China’s coal production and consumption decline as renewable energy soars

Coal production in China is expected to decline to 3.4 billion tonne (Bt) in 2020, while consumption is also projected to decrease to 3.42Bt, says a Timetric...

Report: China’s coal production and consumption decline as renewable energy soars

M&As this week: Hecla Mining Company, American Lithium

Hecla Mining Company and Mines Management have reached an agreement under which the former will acquire the...

M&As this week: Hecla Mining Company, American Lithium

Queensland’s new law requires mining companies to inform landholders on proposed projects

The Parliament of Queensland has passed new legislation, requiring mining companies to inform landholders and neighbours about their proposed...

Queensland’s new law requires mining companies to inform landholders on proposed projects

Rye Patch to acquire ownership of Florida Canyon gold mine in US

Rye Patch Gold has signed an agreement to acquire 100% ownership of the Florida Canyon gold mine in Pershing County, Nevada, US for...

Rye Patch to acquire ownership of Florida Canyon gold mine in US

Dragon Mining terminates deal on processing flotation concentrate from Endomines’ Pampalo mine

Dragon Mining has terminated the existing agreement on processing flotation concentrate from Endomines' Pampalo mine at the Svartliden leaching plant in...

Dragon Mining terminates deal on processing flotation concentrate from Endomines’ Pampalo mine

Landslide at illegal jade mine in Myanmar kills 13

A landslide that occurred at an illegal jade mine in Myanmar's northern Kachin State has claimed the lives of at least 13 people and injured 11...

Landslide at illegal jade mine in Myanmar kills 13