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Copper: mining giant Ivanhoe Mines announces new mineral resources in DRC
Canadian copper mining giant Ivanhoe Mines recently announced new 'maiden' mineral resources for the Makoko and Kiala high-grade deposits at its project in the Democratic Republic of Congo (DRC). The company said Makoko contains indicated mineral resources of 16...
Steel: Chinese stimulus boosts prospects for 2024
According to Lee Kirk, managing director of Cargill Metals, steel supply and demand are in balance heading into the end of the year: global EAF production has been reduced due to increased Chinese exports this year, while expectations of Chinese stimulus strengthen...
Copper: First Quantum will stop the Panama mine if the blockade continues
First Quantum Minerals warned Monday that it will have to suspend operations at its controversial Cobre Panama copper mine if the ongoing port blockade continues to prevent the delivery of crucial supplies. The Canadian miner said it will run out of supplies for the...
Steel: Italian steel imports from non-EU countries decreased in January-September while exports increased
In the January-September period this year, Italian steel imports from non-EU countries decreased by 7.6% year-on-year to 8.07 million mt, while steel exports to non-EU countries increased by 5.5% year-on-year to 2.46 million mt, according to Italian steel association...