Sentences with phrase «whaleback ore mine»

News of Brazil - focused miner Crusader Resources achieving its first iron ore sales has excited the market with its share price jumping more than 16 per cent today.

Baosteel and Aurizon look set to gain control of Aquila Resources after the iron ore hopeful rejected a takeover proposal from Mineral Resources, and instead recommended its shareholders accept the current $ 3.40 per share offer.

* Philippines was top nickel ore supplier to China last year.

IRON ore producers in the state's Yilgarn region are not immune from the hurdles facing producers in the Pilbara and Mid West — port capacity and access issues, transportation and infrastructure — but

Five years ago Geraldton Port's shipping capacity was sitting at five million tonnes per annum; that included iron ore, grains, fertilisers, metals, fuels and mineral sands.

MIKE Young sits at the head of one of Western Australia's fastest growing iron ore producers; he spends much of his time based in a Perth office and is considered one of the state's prominent business

Executives at mining giants BHP Billiton and Rio Tinto have recently told investors that they hope Belt and Road could revive China's metal exports, boosting demand for their iron ore.

Aurizon's West Pilbara iron ore joint venture has won backing from one of Australia's big four banks, ANZ Banking Group.

The company, which sells its nickel ore to top buyer China where is...

Fortescue Metals Group has reported increased iron ore shipments over the December quarter, but the benefits have been offset by costs of expanding and ramping up operations.

Global Ferronickel Holdings Inc, the Philippines» second - biggest nickel ore producer, slumped as much as 7.1 percent.

The completion of an initial resource estimate for Sirius Resources» second major nickel deposit near Norseman has failed to replicate the market excitement when the ore body was initially discovered.

China - backed iron ore miners in the Mid West are preparing to join forces to develop a port and rail link to Oakajee if the current proposal by Oakajee Port and Rail fails to proceed.

The volatile iron ore price may have prompted reduced investment but many miners remain on track.

Western Australia's largest indigenous corporation has announced it is cutting jobs and assessing its member benefits structure as a result of weak iron ore prices.

Perth - based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.

«The internationalization of the DCE iron ore contracts will give greater access to the global commodity community to trade in the world's biggest onshore ferrous market,» Lee Kirk, managing director at Cargill Metals, said in an email.

Nev Power, former boss of world No. 4 iron ore miner Fortescue Metals Group, had criticised the speculative trade on Dalian, saying producers and users should be the main participants.

In 2017, Dalian iron ore volumes reached nearly 33 billion tonnes versus global annual trade of about 1.5 billion tonnes.

MANILA / BEIJING, May 3 (Reuters)- China opens trade in Dalian iron ore futures to foreign investors from Friday, aiming to boost its pricing clout for one of its top imports and hoping traders will take a market notorious for retail speculators more seriously.

MANILA, April 24 - The Philippines» top nickel ore producer, Nickel Asia Corp, said its export plans in 2018 remain unchanged despite government plans to limit mining areas.

Unlike oil, gold and copper, for which prices are set in London and New York, iron ore is one of the few commodities whose global pricing takes its cue from China.

That includes not just coal but also oil and gas extraction, metal ore mining, stone quarrying and other jobs.

Rio has signalled it would rather focus on more profitable commodities like copper, iron ore and uranium.

The projects — which have been funded as part of the Joint U.K. - China Offshore Renewable Energy program — would also look to maximise the environmental and socio - economic benefits of ORE systems.

* China to allow foreign investors in iron ore futures from Friday.

Iron ore junior Ferrowest has appointed prominent business identity Bryan Hughes as chairman.

Resources giant Rio Tinto has reported a 34 per cent drop in its underlying first half profit to $ US5.2 billion ($ A4.9 billion), with lower prices for iron ore and other commodities the main reason fo

Most of the surface ores at Ekati and Diavik are exhausted; both moved to more expensive underground mining as they matured.

Continued progression of the technical work program for an update of the feasibility study («FS»), including advancement of the geotechnical model and further work on ore - sorting technology.

Meanwhile Dennis Bevington, MP for the Western Arctic, issued a report noting the diamond industry had come to account for half of all economic activity in the N.W.T. Ekati and Diavik were harvesting ore at rates exceeding original targets.

China's great environmental clean - up is starting to produce knock - on effects in Western Australia, with none more interesting than the «quality clash» in the iron ore sector.

Even those with only a passing interest in the resources sector would recognise there's something unusual about an iron ore miner talking up a natural gas project and an oilman talking it down.

U.K. and Chinese researchers will work together on five projects to develop the «next generation» of offshore renewable energy (ORE) technologies.

In addition the NERC said that the projects would, among other things, demonstrate the potential of ORE technologies to provide island and coastal communities with a stable power supply.

ANALYSIS: A forecast global surge into electric cars and buyers» growing preference for the state's hard rock lithium ore is putting a rocket into the sector.

Earlier this year, a deal to refine iron ore by China's Haicheng Xiyang Group went south after North Korean officials «shook down» the Chinese investors, according to a Reuters report.

A dump truck unloads ore into a crusher in the underground area at Freeport McMoRan's Grasberg copper and gold mining complex in Papua province, Indonesia.

BHP Billiton also said Tuesday that its annual profit fell nearly 30 per cent on lower prices for copper, coal and iron ore.

Decmil Group has been awarded a $ 13 million contract for work at BHP Billiton's South Flank iron ore project near Newman.

Troubled iron ore miner Pluton Resources has been restricted from issuing a reduced content prospectus until next year because it failed to comply with reporting and disclosure obligations, the Australian Securities and Investments Commission says.

The board of iron ore miner Pluton Resources has regained control of the company after its major shareholder, General Nice Resources, retired KordaMentha as receivers yesterday.

Pilbara iron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the site.

Iron ore miner Pluton Resources has settled proceedings against junior secured creditor Rizhao Port Group Logistics, which includes the removal of receivers appointed by Rizhao in disputed circumstances last month.

Roy Hill Holdings has selected construction project management software firm Aconex to provide its services to the company's iron ore mining project in the Pilbara.

It became one of the world's largest mineral companies, having produced at least $ 200 million worth of ore.

BC Iron is the first Western Australian iron ore miner to receive royalty assistance from the state government's relief package.

Iron ore miner Centaurus Metals says it can no longer afford to develop its Candonga project in Brazil on its own, and will be seeking to either bring in a joint venture partner or sell the mine in order to survive in the tough economic climate.

Mineral Resources announced today that it plans to use its 12 per cent stake in Aquila Resources to push for a role building and operating the proposed $ 7 billion West Pilbara iron ore project.

OTOC Australia has been awarded a $ 3 million contract with NRW for the mine process plant in - ground services at the Roy Hill iron ore project in the Pilbara.