The UK mining sector has halved its overall investment positions in the EU since the Brexit vote, but earnings have increased by more than £2 billion in that time.
The latest mining news
Tenova’s iEAF technology has been awarded a contract by NLMK Ural in Russia.
Rio Tinto has approved a US$98 million (100% basis) investment in a new solar plant at the Koodaideri mine in the Pilbara, Australia.
Trigon Metals Inc. has announced that Trigon Mining (Namibia) Ltd, Trigon’s 80% owned subsidiary, has been awarded a new exclusive prospecting licence no. 7525 by the Ministry of Mines and Energy in Namibia.
Future Market Insights has reported how the sales of mining lubricants can be expected to soar steadily through 2029, with the coal mining sector accounting for nearly 58% of global market revenues.
FLSmidth has secured an order to supply four production lines of grinding equipment, with ancillaries, to a copper mine in the Khabarovsk region of Russia.
Newport Gold Inc. has announced an upcoming drilling programme at its wholly owned Manitou claim, located in the Burnt Basin property in the Greenwood Mining division in British Columbia, Canada.
Western Uranium & Vanadium Corp. continues its mining activities at the Sunday Mine Complex Uranium/Vanadium project.
Great Panther Mining Ltd is providing an exploration update for its wholly owned Tucano gold mine in Brazil.
Aggreko has recently conducted a global survey to better understand the priorities of decision makers in the energy sector.
According to GlobalData, the total metals and mining industry M&A deals in December 2019 totalled US$7.87 billion.
The Mining Association of Canada has released its annual facts and figures report, a document focused on providing a comprehensive overview of current trends in Canada's mining sector.