2020 June in Review

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AMERICAS

• India’s low-grade iron ore key behind the spurt in export demand
• Mining projects to slow further in second quarter 2020
• Russia’s Rosgeo to start hydrocarbon exploration in Equatorial Guinea
• Iron Ore Price boosted as a result of Resilient China Steel Production
• Nordic Investment Bank €100 million loans to help finance mining expansion at Boliden’s Kevitsa mine
• S&P hits back in court after Fortescue Metals takes legal action to prevent publication of iron ore price
• Three Hundred Powder River Basin coal workers laid off
• China stainless steel hits nine-month high as local demand recovers
• Coal’s crash could lead to a landscape of abandoned mines
• Another Mining Giant awakens
• Federal secrecy is a warning signal on mining near BWCA
• Cliffs CEO optimistic demand for steel will return as automakers resume production

EQUIPMENT

• Expect more Earthquakes as mines dig deeper to extract ore, Vale says
• Five workers killed after mine explosion at Chinese Coal Mine in Laos
• Open-pit wireless detonation targets safety & productivity
• Assore chrome mine in South Africa closed after worker diagnosed with Covid-19
• Explosives manufacturer Orica lifts profit but cuts dividend to preserve cash
• A collaboration for Deep-sea mineral mining between India and Russia

GLOBAL

• De Beers diamond mines win this year’s industry awards for the safety record
• Ted Cruz seeks to end US dependence on China for critical minerals
• Rio Tinto targets M&A opportunities amid Covid-19 uncertainties
• BOT Model can boost emerging contractors, revamp mining
• Matrix Design forms a new Equipment Division to supply essential support products for underground coal operations
• Mining shutdowns: Covid 19 hurt silver production the most, gold the least
• Unsung mining heroes brave odds to produce coal, keep power plants running
• Papua New Guinea takes over Barrick Gold’s Porgera mine
• China’s top gold producer Shandong installs 5G network underground at its Laixi operations
• China’s coal mining industry implement 5G technologies in Yangquan Coal Mine

STATISTICS

• April 2020 crude steel production
• Interim steel demand economic statement