Global investment management firm Goldman Sachs has slashed its iron ore price forecast by 18 per cent, citing weakened global demand. The iron ore price has been downgraded to $US90 a tonne, down from $US110. Goldman flagged risks of China’s oversupply in steel...
Bowen Coking Coal said at a steady pace, this will increase its coking coal export volumes at the Burton Complex, with this pit providing additional low cost, high yielding coking product. “Funds raised from the $40 million placement will primarily be applied to...
New agreement covering nearly 100 pieces of load-and-haul equipment after a successful trial of Sandvik’s condition monitoring solution Leading contract miner Byrnecut will roll out Sandvik’s Remote Monitoring Service solution at nearly a dozen of its Australian mine...
The journey by South Africa’s Pele Energy Group (PEG) from fledgling energy investor to that of a pioneering black-owned and -managed independent power producer (IPP) is receiving fresh impetus from an unexpected source: the robust private-offtake market that has been...
Epiroc and SSAB has expanded its previously established collaboration by exploring possibilities to use fossil-free steel when manufacturing spare parts and components with additive technology. In late April, Epiroc extended its partnership with SSAB through...
Australian miner Buxton Resources has announced a breakthrough in its Copper Wolf project in Arizona. The first drillhole at the site has reached a depth of 611.67m, intersecting 81.93m of basement rocks with mineralisation throughout. The find is a major milestone...
