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Proposed US mining legislation follows strict party lines — editorial

25 June 2019 - 19:56
The increased polarity and hardening of political stances in the U.S. — combined with the flip last election to Democratic Party control of the U.S. House of Representatives, and its committees — is bearing fruit that’s potentially poisonous to miners in the form of highly restrictive legislation proposed by Rep.

Acacia pokes holes in Barrick’s takeover bid, still open to “fair” offer

25 June 2019 - 18:58
Acacia Mining (LON:ACA) laid down Monday a long list of reasons why it disagrees with majority shareholder Barrick Gold’s (TSX:ABX)(NYSE:GOLD) stance on a proposed takeover of the company, but noted an offer at a “fair” price would be attractive.

34% Decline in Iran's Non-Oil Trade With UAE

23 June 2019 - 22:53
Iran traded 903,607 tons of non-oil commodities worth $568.38 million with the UAE during the first Iranian month (March 21-April 20), registering a 32.7% and 34.15% decline in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.

OEMs a barrier in transition to autonomy in mining — report

23 June 2019 - 22:20
As the mining sector strives to secure safety improvements, productivity gains and other benefits offered by a fully autonomous mine, a new report, Accessing the Fast and Furious Pace of Autonomy to Transform Mining by Clareo and Twin argues the closed and proprietary systems of the major original equipment manufacturers (OEMs) are a barrier.

The Essentiality of the Development of the Industry of Paper Production from Stones

10 June 2019 - 23:30
Me-Metals: The executor of the sodium carbonate paper production plan of Aligoodarz emphasized the need in the development of paper production industry from stones in the country.

DeepGreen closer to mining battery metals from the sea after $150m injection

10 June 2019 - 22:18
Canada’s DeepGreen Metals, a start-up planning to extract cobalt and other battery metals from small rocks covering the seafloor, has secured the bulk of the $150 million it needs to carry out its first feasibility studies.

Brazil: Iron Ore Exports Increase Sharply in May'19

7 June 2019 - 20:04
World's second largest exporter of iron ore - Brazil has recorded iron ore export volumes at 29.02 MnT in May'19, up 58% as compared to Apr'19 exports at 18.34 MnT, according to trade statistics released by Brazil customs. On yearly basis, exports dropped 16% as compared to 34.62 MnT in May'18.

India: Silico Manganese Prices under Pressure amid Moderate Demand and Falling Ore Prices

7 June 2019 - 19:35
Indian Silico Manganese prices are under pressure in line with moderate demand in the domestic as well as overseas markets.

Peru’s Buenaventura threatened with general strike

3 June 2019 - 15:05
Community leaders from the district of Chilcaymarca in the southwestern Castilla province are threatening Peru’s Compañía de Minas Buenaventura (NYSE: BVN) with a general strike due to the company’s decision to fire 40 workers from its Orcopampa gold-silver operation.

Minas Gerais signs MoU with tech company to monitor tailings dams

3 June 2019 - 14:47
Following the collapse of a dam at Vale’s (NYSE:VALE) Corrego do Feijão iron ore mine back in January, the southeastern Brazilian state of Minas Gerais signed a Memorandum of Understanding with tech company Inmarsat to monitor all tailings facilities in the region.
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