May 5, 2023

Iron ore price slides to six month low

Increased equipment maintenance amid shrinking margins will further cap demand for iron ore in the short term – analyst.

May 2, 2023

Ferrexpo’s CEO Jim North to step down

The group said Board Chair Lucio Genovese will act as executive chair on an interim basis.

May 2, 2023

India’s NMDC in talks with Australia’s Hancock for lithium mining

NMDC is also working on plans to export low-grade iron ore to China.

May 2, 2023

Fortescue Metals begins magnetite production at Iron Bridge

After 20 years, 20 million work hours, delays and cost overruns, the Western Australia mine delivered its first 68% iron grade product.

April 30, 2023

No mining allowed in six new Indigenous reserves in Brazil

Luiz Inácio ‘Lula’ Da Silva issued a decree creating six new Indigenous reserves, most of them in the Amazon, and banning mining in such areas.

April 30, 2023

Three-quarters of small earthquakes in South Korea related to mining explosions – study

Out of 182,000 small seismic events that took place in seven years in South Korea, 135,000 were related to mining explosions.

April 28, 2023

Metal prices to fall in 2023 — World Bank

“In the longer term, the energy transition could significantly lift the demand for some metals, notably lithium, copper, and nickel,” the bank said.

April 28, 2023

Iron ore price set for worst month since October on demand concerns

The metal has lost almost 17% in April and briefly dipped below $100 a tonne earlier this week.

April 27, 2023

China’s property pain deflates ‘overhyped’ iron ore market

Iron ore price dipped below $100 a tonne this week for the first time since early December.

April 27, 2023

NASA’s mineral mapping instrument goes into retirement

NASA’s Compact Reconnaissance Imaging Spectrometer for Mars produced maps that make it easy to tie mineral deposits observed in high-resolution images to regional scale trends.