Plentiful supplies to hamper molybdenum’s price rally

Expectations are for the molybdenum market estimated at around 580 million lbs to be balanced or see a small deficit this year.

Reuters | November 27, 2019 | 9:52 am

Vale to shutter Mozambique coal operations for 3 months

The move could have severe implications for the country’s balance of payments and currency, as coal is by far its biggest source of export earnings.

Bloomberg News | November 27, 2019 | 9:40 am

BHP’s Henry signals new technology a focus in first speech

Henry said a BHP team had built an Internet of Things sensor gateway, which collects real time data from sensors on mobile and fixed equipment.

Reuters | November 27, 2019 | 8:55 am

Anglo American sells stake in Australian coal mine for $141m

A 12% interest in the Grosvenor coking coal mine is being acquired by a consortium of Japanese companies.

Cecilia Jamasmie | November 27, 2019 | 6:57 am

Orestone kicks off exploration campaign in Chile

Through its subsidiary, Cerro Golpe de Rayo, the Canadian miner will start exploring the Resguardo property.

MINING.COM Staff Writer | November 27, 2019 | 6:15 am

NioCorp engages key players to keep Elk Creek project environmentally friendly

The company has partnered with DuPont and Veolia to deal with emissions and water treatment.

MINING.COM Staff Writer | November 27, 2019 | 6:02 am

Aurania finds evidence of highly sought-after lost gold city in Ecuador

Company geologists found vestiges of an old road in the central part of its Lost Cities-Cutucu project.

Cecilia Jamasmie | November 27, 2019 | 3:49 am

Rio Tinto invests $749 million in Pilbara iron ore mine

The company said the project is expected to deliver internal rate of return with a capital intensity of about $25 per tonne of production capacity.

Reuters | November 26, 2019 | 4:17 pm

Nautilus Minerals officially sinks, shares still trading

Court papers noted that Nautilus had two distinct business units, one dealing with polymetallic nodules, and one dealing with seafloor massive sulphides.

Amanda Stutt | November 26, 2019 | 3:38 pm

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