Iron ore price makes fresh high above $70

Having trouble viewing this email?  View online Asia News Digest Friday 11 August 2017 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America Iron ore price makes fresh high above $70 Iron ore price has surged by more than 40% in less than two months as Chinese steelmakers chase high-grade imports. read » Indian centenary iron ore mine goes solar Tata Steel has just inaugurated India's first solar power project located at an iron ore mine read » China aluminium soars due to capacity closures The news around China's pollution crackdown spiked investors concerns read » Cooking oil could help clean up mercury at mining sites, researchers say Researchers worked out a way for a canola oil polymer to trap mercury metal, mercury vapour and organo-mercury compounds read » Good and bad news from Japan-China oil sands projects in Canada On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Alberta read » Chile's Caserones copper mine close to reach full capacity after weather forced 3-week shutdown The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase. read » Yancoal seeks $2.5bn from investors to pay for Rio's Aussie coal mines Former rival bidder Glencore will subscribe to $300 million worth of the rights offer. read » Rio Tinto's first-half profit soars 93%, investors getting $3bn back The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks. read » Philippines says open pit mining ban to stay put Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines. read » Caterpillar in search of new CFO as Halverson to retire next year Brad Halverson has spent nearly three decades with the mining and construction equipment maker. read » India's biggest holiday boosts De Beers rough diamond sales The diamond giant said customers began buying rough diamond earlier than usual so they can complete their polishing before Diwali begins. read » Upbeat China data sends iron ore soaring, climbs the most in 8 months Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since December 1, 2016. read » Uranium to stay weak for now but a 'violent price increase' is coming: Cantor Operators dragging their feet on production cuts. read » Here's how to avoid being caught in mining scams These courses can help you identify and evaluate the risks involved in mining investments before it's too late. read » Caterpillar earnings beat estimates, shares hit five-year high This is the second time this year the equipment giant boosts sales and profits forecast. read » Luxembourg shoots for the stars with fresh space mining deal The country's ultimate objective is to have its own space mining agency by the end of the year. read » US steel production falls back in June After strong start to 2017, US steel output growth for the first six months slows to just 1.3%. read » Centerra gets some breathing room in dispute with Kyrgyz Republic The arbitrator has sided with miner, allowing it to move forward with the case against the Central Asian country. read » Sumitomo Metal Mining exits Solomon Islands nickel exploration project Japan's Sumitomo Metal Mining Co Ltd. said on Tuesday it will exit from a nickel exploration project in the Solomon Islands because of slumping nickel prices and the loss of a legal dispute over mining rights in the country. read » Kashmir coal mine collapses killing five The accident happened in Kashmir read » Indonesia closer to mining deal with Freeport, but hurdles remain Some issues still need to be resolved before the U.S. miner gets a new operating permit for its huge copper mine. read » Philippines plans new law to ensure responsible mining Philippine President Rodrigo Duterte said on Friday the country's mining industry pays too little in tax and not enough in compensation for any environmental damage. read » Globally established LOESCHE vertical roller mill for use in a cement plant in Pakistan The new mill will be used in the new line 3 of the cement plant in Hub Chowki in Pakistan, in the Lasbela/Baluchistan district, 20 km north of Karachi. The mills will grind OPC cement with a fineness of 3,300 read » Iron ore soars past $70 a tonne Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13. read » Rio's revised iron ore guidance pushes price to three-month high From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%. read » Read more Asia news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Asia News Digest". You mayunsubscribe at any time. 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