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Indonesia suspends nickel ore exports with immediate effect
Indonesia suspended exports of nickel ore with immediate effect after a planned ban on shipments from the beginning of next year led to a rush to beat the deadline. The mineral meant for exports during the rest of the year will be absorbed by domestic companies with...
Papua New Guinea orders China-owned Ramu nickel plant to shut
Papua New Guinea has ordered a nickel processing plant owned by Metallurgical Corporation of China (MCC) to close for not taking unspecified “remedial” actions, the head of the country’s mining regulator said on Thursday. Ramu Nickel was ordered shut “for not adhering...
Rare earths to be extracted at former Illinois coal mine
Toronto-based Avalon Advanced Materials signed a binding Letter of Intent with Coal Strategy Advisors (CSA) to earn up to a 50% interest in the Will Scarlett rare earths recovery project, located near Marion, Illinois. Will Scarlett is a closed coal mine site where,...
Newcrest Mining first-quarter output down, Wafi-Golpu project delayed
Australian gold miner Newcrest Mining Ltd on Thursday posted weaker gold output in the first quarter and said work on it proposed Wafi-Golpu project was delayed and staffing reduced. Gold production for the three months ended Sept. 3 fell 6.7% to 511,636 ounces, hurt...