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New Century achieves record zinc production
New Century Resources has set a new standard at the Century zinc mine in Queensland, achieving record quarterly production at the end of last year. The company produced 7 per cent more zinc in the December quarter to hit a record 28,123 tonnes of zinc metal, with cash...
MMG suspends shipments from Las Bambas copper mine in Peru
Chinese miner MMG has once again halted copper shipments from its Las Bambas operation, one of Peru’s largest copper producers, following a road blockade by local community members protesting against alleged ongoing pollution of their lands. The preventive measure,...
Congo moves to monopolize about 25% of all cobalt exports
The Democratic Republic of Congo created a state monopoly for hand-mined cobalt as the government tries to exert more market control on the battery material. People who extract cobalt from hand-dug pits with rudimentary tools, known as artisanal miners, will have to...
Fortescue iron ore shipments rise 9% on China demand
Australia’s Fortescue Metals Group Ltd reported a 9% rise in second-quarter iron ore shipments on Thursday, helped by robust demand from top consumer China for the steel-making material. China’s iron ore imports in 2019 stood at their second-highest level ever,...