China will push to cut steel production between 2025 and 2026, according to an official document reviewed by Reuters and a source with knowledge of the matter, as it tackles overcapacity that has hit prices and fed a worldwide protectionist backlash. The world’s largest steel producer will strictly curb new capacity and reduce production, the […]
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Gold steady at more than two-week peak as investors look to US inflation data
Mining Doc
Gold held firm near a more-than-two-week peak on Thursday, as the dollar softened and investors hunkered down for Friday’s U.S. inflation data for cues on the Federal Reserve’s policy path. Spot gold was up 0.1% at $3,399.60 per ounce, as of 0851 GMT, after hitting $3,401.73, its highest level since August 11, earlier in the […]
The stages of prospect exploration
Mining Doc
Once a prospect has been identified, and the right to explore it acquired, assessing it involves advancing through a progressive series of definable exploration stages. Positive results in any stage will lead to advance to the next stage and an escalation of the exploration effort. Negative results mean that the prospect will be discarded, sold […]
Factors affecting drillhole deviation and mitigation strategies
Mining Doc
Drill holes can be very unpredictable in the path that they take, so drillers often have to deal with hole deviation. Drill hole deviation is when the hole ends up going in a direction other than the chosen trajectory [1]. Let’s explore the various factors inducting hole deviation and provide several solutions. What causes drillhole […]
Gold Fields boosts dividend as profit triples on record bullion prices
Mining Doc
Aug 22 (Reuters) – South African mining group Gold Fields raised its interim dividend on Friday as first-half profit more than tripled from a year earlier, driven mainly by record bullion prices and increased production. Gold Fields said it realised an average gold price of $3,281 an ounce in the first half of 2025, up 40% […]
China's imports of US rare earth ore surge in July
Mining Doc
BEIJING/HOUSTON Aug 22 (Reuters) – The sharp jump in China’s imports of rare earth ore from the United States in July was probably the final customs accounting of shipments from U.S. supplier MP Materials. Data on Wednesday from the General Administration of Customs showed imports of rare earths ore from the U.S. surged to 4,719 […]
Indian miner IREL seeks Japan, South Korea partnerships for rare earth magnet production
Mining Doc
NEW DELHI, Aug 14 (Reuters) – India’s state-owned miner IREL is seeking to collaborate with Japanese and South Korean companies to start commercial production of rare earth magnets, a source familiar with the matter said, as part of efforts to reduce reliance on China. The company is looking at both Japan and South Korea for […]
Rio Tinto strengthens Indigenous employment pathways with work-ready initiative
Mining Doc
PERTH, Australia — Up to 40 Indigenous People from across Perth and the Pilbara will from this month embark on Rio Tinto’s annual Aboriginal Training and Liaison (ATAL) program, an eight-week initiative co-designed with Traditional Owners to build job-ready skills and provide access to a range of career pathways. The program was re-launched in 2023 […]
Rio Tinto approves US$180 million Norman Creek project, securing long-term future for Amrun bauxite operations on Queensland’s Cape York Peninsula
Mining Doc
Rio Tinto has approved investment of US$180 million and commenced work on the Norman Creek access project at the world-class Amrun bauxite mine on Queensland’s Cape York Peninsula. The Norman Creek access project will enable mining of the Norman Creek region of Amrun, which holds approximately half of the currently declared Amrun Ore Reserves of […]
Rio Tinto releases new tailings facilities disclosure aligned with GISTM requirements
Mining Doc
Rio Tinto has today published detailed information on its global tailings facilities, in alignment with the Global Industry Standard on Tailings Management (GISTM). The disclosure includes updated information on 14 tailings facilities rated Very High or Extreme consequence under GISTM classifications (as previously disclosed on 4 August 2023), along with new information on a further 84 tailings […]