Category: Metals and Mining Industry News

Lihir mine expansion project : Newcrest Mining to move ahead with $280m investment

Raghuram Kadari- January 28, 2023

Newcrest Mining will develop the Lihir mine Phase 14A (Lihir mine expansion project) in Papua New Guinea, following the approval of the feasibility study by ... Read More

Tata Steel executes maiden CargoDocs eB/L transaction for imports into Turkey

businessnewstoday- January 28, 2023

Tata Steel said that it recently executed the maiden CargoDocs electronic Bill of Lading (eB/L) transaction for imports into Turkey. The milestone was achieved via ... Read More

Sandvik secures €500m EIB loan to support R&D investments

businessnewstoday- January 22, 2023

Sandvik has signed a loan agreement for €500 million with the European Investment Bank (EIB) to support its investments in research and development (R&D). According ... Read More

Mount Morgan gold mine : Heritage Minerals to get NAIF loan for rehabilitation project

Raghuram Kadari- January 19, 2023

Heritage Minerals will receive AUD 66 million ($46 million) loan from the Northern Australia Infrastructure Facility (NAIF) to revive the Mount Morgan gold mine, which ... Read More

Hi-Tech Pipes Limited to invest Rs 510cr in new UP manufacturing facility

businessnewstoday- January 8, 2023

Hi-Tech Pipes Limited said that it will invest INR 510 crores to set up a manufacturing facility for steel tubes and pipes and flat steel ... Read More

Tata Steel India produces five million tons of crude steel in 3QFY23

businessnewstoday- January 7, 2023

Tata Steel said that it produced five million tons of crude steel in 3QFY23 in India, which is a 4% increase compared to 4.81 million ... Read More

Coal India Limited signs MoU with four central trade unions over MGB

businessnewstoday- January 5, 2023

Coal India Limited (CIL) said that it has signed a memorandum of understanding (MoU) with four central trade unions for recommending a 19% Minimum Guaranteed ... Read More

Coal India Limited produces 479MTs of coal in Apr-Dec’22 period

businessnewstoday- January 2, 2023

Coal India Limited (CIL) said that its production for the period between April 2022 and December 2022 stood at 479 million tonnes (MTs), which is ... Read More

California Steel Industries to build $370m galvanizing line at Fontana mill

Raghuram Kadari- December 21, 2022

California Steel Industries (CSI), a joint venture between American steel producer Nucor and JFE Steel of Japan, will construct a continuous galvanizing line at its ... Read More

Reko Diq copper-gold project in Pakistan : Barrick Gold moves ahead with $7bn project

Raghuram Kadari- December 18, 2022

Canadian mining company Barrick Gold has reconstituted the Reko Diq copper-gold project in Pakistan, located in Chagai District, Baluchistan following the clearance from the apex ... Read More