TGR: Asmara is owned 60% by Sunridge and 40% by the Eritrean National Mining Corp. (ENAMCO). How supportive a partner has the government of Eritrea been?
China's Sichuan Road & Bridge Mining Investment Development Corp. is gearing up to kick off copper, zinc, gold and silver production in Eritrea next year, following the country's recent end to ...
Iron ore price rose on Monday underpinned by looming additional policy support to shore up the Chinese economy amid its battle to contain covid outbreaks.
Iron ore retreated from a one-month high as investors weighed whether a recovery in Chinese demand will be sustainable.
Discover the iron ore mining process, from blasting to export, and its vital role in steel production. Learn about iron ore extraction and its history ... Coming full circle, iron ore is now mined by equipment made of iron and steel before being sent for export aboard steel ships to countries that make steel products and send them back to the ...
The total iron ore stocks at 45 major ports in China were at 122.9 million metric tons last week, or down 1.6 million metric tons for the week ended August 3, Mysteel said in a port survey last ...
Iron ore processing is a crucial step in the production of steel, one of the most essential materials in modern society. Iron ore, a naturally occurring mineral composed primarily of iron oxides, is mined and processed to extract iron for various industrial applications.
The ADB says Eritrea's natural mineral resources are copper, potash, zinc, oil, natural gas, cement, gypsum, granite, marble, ceramics, limestone, and iron ore, and mining …
Iron ore futures hit an over three-month high on Wednesday as investors bet on better demand following China's property support, despite ample stocks in the world's top consumer.
Danakali, an Australian-based miner, has moved to within sight of developing the potential world-class Colluli potash project which sits close to the Red Sea which is Eritrea's eastern border.
The Chinese import price of 62% Fe content ore jumped 5% on Wednesday to trade at $82.53 per dry metric tonne, according to data supplied by Fastmarkets .
Canada-based Nevsun Resources has sold and shipped the first zinc concentrate product from its Bisha mine in Eritrea, East Africa.
PRESS RELEASE: The open-pit extension adds 3.3 million tonnes of high-grade ore to the mill and extends operations through the full year 2022, resulting in …
Canada's Nevsun Resources (TSX, NYSEMKT:NSU) is extending the life of its flagship copper-zinc Bisha mine in Eritrea to the end of 2022 — 18 months later than …
Almost 70% of the country is covered by the greenstone belt of Eritrea that has deposits of precious metals and volcanic massive sulfide (VMS). Deposits of barite, copper, …
The Bisha project is located 150km west of Asmara in the Gash-Barka region of Eritrea, East Africa. It includes mining licences covering 16.5km², a mining agreement covering 39km² and an exploration licence for another 71km². Two other mining sites – Bisha main and the north-west zone – …
Beijing Donia Resources Co. is a Chinese exploration company that initially acquired exploration licenses for iron in various parts of Eritrea. The results were not …
Iron ore futures prices rose on Monday, underpinned by growing bets top consumer China will unveil more stimulus in its third plenum this week after a batch of economic data disappointed investors ...
Iron ore futures prices slipped on Thursday, undermined by fears of falling demand in top consumer China in the remainder of the year after Beijing reiterated its stance on continuing to control ...
The Asmara project is an advanced-stage, copper-zinc-gold-silver project located near Asmara, the capital city of Eritrea, Africa. The project encompasses four advanced …
Iron ore futures prices slumped to a nearly three-week low on Wednesday, undermined by weak seasonal demand from top consumer China and mounting global supply.
Rio Tinto has awarded a contract to Takraf to deliver integrated In Pit Crushing & Conveying (IPCC) service for the Simandou iron ore complex in Guinea.
Brazil is the world's second-largest producer of iron ore in 2023, with output up by 3% on 2022.
The ability of these machines to cut, crush and load materials in a single pass is an advantage that mining vehicle specialist Wirtgen claims reduces production costs per ton of iron ore mined by around 40%.
Iron ore futures fell to a two-month low on Tuesday, weighed down by lingering weak fundamentals and concerns over demand prospects in top consumer China following the latest carbon emission plan ...
Paraburdoo Iron Ore Mine, Pilbara. Paraburdoo iron ore mine is situated 80km south of Tom Price in Pilbara, Western Australia. The mine is owned and operated by Rio Tinto Iron Ore.
BMO Capital Markets this week made some changes to its metals and mining outlook for H2 2021, raising expectations pretty much across the board.
Mnaufacturing firm JSW Steel has been named as the preferred bidder to acquire Jajang iron ore block in Keonjhar district of Odisha, India.
Iron ore futures rose for a second straight session on Friday, supported by higher-than-expected hot metal output, although demand concerns and high portside stocks in top consumer China pushed ...
The most-traded September iron ore on China's Dalian Commodity Exchange (DCE) closed 1.1% higher at 894.50 yuan ($123.72) per metric ton.
Should the court decide the claim can be heard in Canada, it could have wider implications for Canadian mining companies operating in countries with less than sterling environmental and human ...
Iron ore, gold and copper will be the focus for the world's largest mines in 2024 ... cylinders for mining equipment being utilised in the field have to be removed, rotated with a spare and sent out for reconditioning with some regularity. ... had "compelling economics" which would be critical to tolerating volatile commodity price cycles ...
Iron ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China's faltering economy by cost support that kicks in at around $100 a ton.
The miner has identified environmental and economic optimization opportunities at its Colluli potash project in Eritrea.
Australia's Danakali (ASX, LON:DNK) is closer than ever to beginning the development of its world-class Colluli potash project in Eritrea, which is expected to become one of the world's most ...
Eritrea expects to have four mines in operation by 2018 producing gold, copper, zinc and potash as one of Africa's poorest nations looks to build an industry that can kick-start its economy, a ...