Workers at Baffinland ask Canada to approve mine expansion
Unionized workers at Mary River iron ore mine are asking Ottawa approve the miner’s request to increase shipping limit.
Iron Ore
BSGR to pay Guinea US$5.6M after losing case over Simandou
BSG Resources, the mining arm of Israeli tycoon Beny Steinmetz’s empire, secured the rights to the vast Simandou iron ore project in Guinea through corrupt practices, and international tribunal has ruled. The…
Champion Iron acquires pellet plant Quebec, partners with steelmaker on FS
Champion Iron (TSX: CIA; US-OTC: CIAFF) has entered into a definitive purchase agreement to acquire the Pointe Noire iron ore pelletizing facility located in Sept-Îles, Que., directly adjacent to the…
Review board rejects Baffinland expansion plans in Nunavut
Baffinland Iron Mines’ proposed expansion of its Mary River iron ore operation on the northern tip of Baffin Island, in Nunavut, has suffered a major blow after a review board…
Brumadinho won’t break Vale, but the piper still hasn’t been fully paid
Vale, one of the world’s biggest producers of iron ore and nickel, has been in the news a lot lately. The Brazilian miner has been making strikes towards “green” credentials…
Mining Indaba: Global fractures over Russia-Ukraine war trigger big policy, market shifts – Veracity Worldwide
Russia’s war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week. Veracity…
Mining Indaba: Marampa Mines commissions 3.25mtpa iron ore expansion
The Gerald Group-owned Marampa Mines Limited has commissioned a 3.25 million tonnes per annum expansion of the namesake iron ore mine in Sierra Leone. The expansion follows a restart of…
Plunging metals prices expected to rebound in H2 – report
Enduring Covid-19-linked lockdowns in the world’s largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report…
Q&A: SRK Consulting unpacks critical opportunities and challenges facing the African mining sector
SRK Consulting has built deep experience working in the African mining sector and has developed a firm grasp of where potential opportunities are and some of the critical challenges preventing…
Champion Iron commissions Phase II project ahead of schedule, completes first shipment
Champion Iron (TSX: CIA; US-OTC: CIAFF) has completed the first rail shipments containing 24,304 tonnes of high-grade 66.2% Fe iron ore concentrate from the Phase II expansion project at the…
Champion Iron Q4 production drops 7% due to lower head grade, throughput
Champion Iron (TSX: CIA; OTC: CIAFF) has provided operational results for its fiscal fourth quarter and full year ended Mar. 31. The company owns and operates the Bloom Lake mining…
Western Australia is world’s new top mining destination
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest…