2020 June in Review

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

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  • Halcor
  • Lake Superior Chapter ISEE 
  • Malton Electric Company
  • ME Elecmetal
  • Minnesota Power
  • Mielke Electric Works
  • Naylor Pipe
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  • Northern Engine & Supply
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