Mining company-industry-exploration news

Largest Uranium Mining Production

sony — Thu, 25 Feb 2010 16:54:32 +0000

Republic of Kazakhstan has led the world in uranium production. As Mining Company LLP reported to NAC Kazatomprom JSC, on December 21, 2009, the target was hit, with the uranium output of 13,500 tons. By the end of last year, 400 tons were additionally produced. According to Ux Consulting’s forecast, in 2009, Canada’s natural uranium [...]

Dia Bras Exploration Drilling 2010

sony — Thu, 25 Feb 2010 16:42:34 +0000

Dia Bras Exploration Inc. (DIB: TSX-V) is pleased to announce more results from exploration drilling at the Santa Eduviges mine of Dia Bras’ Cusi property, which is being conducted to support the pilot-mining of this deposit that began in early October, 2009. Drilling of the San Antonio and San Antonio A veins (San [...]

China and Zambia Signed Economic Mining Agreement

sony — Thu, 25 Feb 2010 16:05:21 +0000

China and Zambia signed a mining agreement and a deal to set up a joint economic zone Thursday, as the presidents of the two nations agreed to expand economic and trade ties. “We must push forward new cooperative projects in a step-by-step manner and jointly build the Zambia-China economic and trade cooperation zone,” state television quoted [...]

Potash Producers Holding Anticipation a better 2010

sony — Mon, 22 Feb 2010 12:03:59 +0000

The recent drawdown in potash inventories supports the suspected rebound. North American potash inventories fell sharply in January, falling by over 550,000 tonnes to roughly 2.5 million tonnes, the lowest level since December 2008. North American inventories have now fallen substantially for a third straight month and inventories are now only 6 per cent [...]

Potash Producers Market Prices Growth Up

sony — Mon, 22 Feb 2010 11:58:16 +0000

Canpotex, the marketing arm for North American potash producers, finally inked a deal with Sinofert, China’s largest fertilizer enterprise. The deal is for 350,000 tonnes of potash, to be shipped before the end of March. Canpotex claims that the potash is being sold at “competitive prices” but failed to mention the exact dollar figure. [...]

BHP Billiton and Vale Acquire Potash Bunge LTD

sony — Mon, 22 Feb 2010 11:52:29 +0000

BHP Billiton agreed to pay C$8.35 per share in cash for Athabasca, a 25 per cent premium to Athabasca’s closing price of C$6.70. Athabasca owns a property next two BHP”s Jansen project. On January 19, BHP approved US$240 million of capital expenditure to be used for the first stage of development on the Jansen potash [...]

BHP Billiton Funding Western Australia Iron Ore

sony — Sat, 30 Jan 2010 16:51:46 +0000

BHP Billiton Plc approval for US$1.93 billion of capital expenditure to underpin the further accelerated growth of its Western Australia Iron Ore business. The company noted that this investment represents early expenditure for its Rapid Growth Project 6 or RGP6. Further, RGP6 is expected to increase installed capacity at the company’s Western Australia Iron Ore [...]

India steelmaker Contracted Harsco Corporation

sony — Sat, 30 Jan 2010 16:37:33 +0000

Harsco will undertake a range of onsite material handling, metal recovery and slag stockpile services at the 1,200-acre Ispat Dolvi complex, a major integrated facility within Maharashtra, India’s largest industrial state and home to India’s business capital, Mumbai. The plant produces in excess of 3 million tons of steel per year and is part of [...]

Molybdenum Project Velocity Minerals Update

sony — Sat, 30 Jan 2010 16:33:14 +0000

Velocity Minerals Ltd. announced further analytical results from the 2009 programs of work at the Company’s 100% owned Mt. Haskin and Cassiar Moly molybdenum properties in northern British Columbia. Acquired in 2008, the properties were the object of rehabilitation, rock sampling and drilling during the 2009 field season. All analytical results have now been received [...]

China Panzhihua New Steel Vanadium

sony — Sat, 30 Jan 2010 16:28:54 +0000

Panzhihua New Steel and Vanadium Co., the world’s third largest producer of vanadium steel used in high-speed railroads, Friday said it expected losses of some 1.4 billion yuan (205 million U.S. dollars) in 2009. In a statement to the Shenzhen Stock Exchange, the company said it suffered losses of more than 454 million yuan in 2008. [...]

Gippsland Limited Global Tantalum Market

sony — Sat, 30 Jan 2010 16:20:14 +0000

Gippsland Limited said the global tantalum market is still expected to experience a significant supply shortfall by 2011 and beyond despite the inflow of what it called cheap conflict tantalum from the Democratic Republic of Congo, which has forced a number of legitimate but high cost tantalum miners and projects including Talison’s Australian operations and [...]

Africa Coal Mining Acquisition NuCoal Mining

sony — Fri, 29 Jan 2010 11:18:15 +0000

Africa Coal Mining reported progress Mining NuCoal acquisition process. Coal of Africa has completed the sale of shares agreement, after the 10% adjustment to reflect the retention of working capital position. Coal of Africa approved the purchase price is NuCocal mining R467 million. Coal director Simon Farrell said, “The acquisition appears Cement Coal NuCoal position as [...]

Mozambique Approve Impact Study coal-fired power plant Benga

sony — Fri, 29 Jan 2010 11:04:19 +0000

Mozambique Government has approved the environmental impact study for the construction of coal-fired power plant in Benga region, Tete Province. Development of coal-fired power plant will be done by Riversdale mining company. Project coal-fired power plant using coal as Benga energy power plants. Development of coal-fired power plant carried out in two stages. The first [...]

Operational Unit Cost Increase, Xstrata Coal Forced To Cut Purchase Coal Price From Coal Suppliers

sony — Tue, 26 Jan 2010 15:50:18 +0000

Xstrata Coal Queensland complained that the unit operating costs increased from year to year, thus affecting the company’s earnings to continue the purchase of coal from several coal suppliers. To overcome the problems faced by Xstrata Coal Queensland sent a letter to suppliers of coal, Xstrata Coal Queensland that will cut the purchase price of [...]

Steelmaker (Arcelormittal) And Mining Company (BHP Billiton) Discuss Joint Management Of Iron Ore Mines

sony — Tue, 26 Jan 2010 15:48:13 +0000

Iron ore mining company BHP Billiton is the world’s largest company and the world’s largest steel maker ArcelorMittal in talks on iron ore mining in Liberia and Guinea. Steel demand in 2010 is expected to rise sharply, so that the steel manufacturers have competed to supply iron ore to meet the target of steel production during [...]

Mining company BHP Billiton iron ore production

sony — Tue, 26 Jan 2010 15:45:15 +0000

Mining company BHP Billiton iron ore production reported from several locations of their iron ore mines to reach the highest rate in the quarter. The highest production of iron ore from the Pilbara region, Western Australia. Production of iron ore from iron ore mines in the Pilbara region of about 54%. Copper production fell 12% on [...]

Afrika Mining Exploration Company

sony — Thu, 14 Jan 2010 20:27:32 +0000

Blackthorn Resources has signed a Heads of Agreement with Glencore International AG for a Joint Venture to develop and operate the Perkoa Zinc Mine Project. The proposed transaction is at the asset level only and does not involve Glencore taking a shareholding in Blackthorn Resources. The Perkoa deposit, in Burkina Faso, is one of the major volcanogenic [...]

Arutmin Coal Producing and Exploration Company

sony — Thu, 14 Jan 2010 19:42:03 +0000

Arutmin has strategic alliances with two internationally reputed companies, BHPBilliton and Thiess Pty Ltd, which market and produce, respectively, most of ’s coal. Global resources company BHPBilliton leverages for its international marketing network and experience. Thiess Pty Ltd is a major Australian provider of integrated engineering and services with worldwide projects worth AUD 1.9 billion [...]

Atlas Iron Would Sell 70 Percent Stake In Iron Ore Mines Ridley

sony — Thu, 14 Jan 2010 19:23:27 +0000

Steel maker China, India, Korea and Japan are interested in buying stakes iron ore mine owned by Australian iron ore producer, Atlas Iron Ltd. Purchasing stakes iron ore mines in order to anticipate competitive iron ore demand from steel manufacturers of the world. China is a country of the world’s largest steel producer and importing countries [...]

Canadian Closes Final Tranche of Non-Brokered Private Placement

sony — Wed, 06 Jan 2010 12:14:19 +0000

Canadian Orebodies Inc. announce that it has closed on its second and final tranche of a non-brokered private placement (the “Financing”) for aggregate gross proceeds of $257,440 through the sale of 540,000 units of securities of the Company (each, a “Unit”) at a price of $0.10 per Unit and 1,695,333 “flow-through” units of the Company [...]

Chesapeake Energy Corporation Joint Venture with Total E&P USA

sony — Wed, 06 Jan 2010 12:09:49 +0000

Chesapeake Energy Corporation believes that its leasehold position will support the drilling of approximately 3,100 additional net locations (775 net to Total) with approximately 6.3 tcfe of unrisked unproved reserves (1.6 tcfe net to Total). Approximately 60% of Chesapeake’s Core and Tier 1 leasehold is held by production (HBP) and therefore considered developed. “This transaction will [...]

Iraq oil companies across the world negotiating multi-billion-dollar oilfield deals

sony — Fri, 01 Jan 2010 07:36:51 +0000

Iraq has the world’s third largest oil reserves but is only the 11th largest producer. The statement said the cabinet would vote on the amended contracts – which already have been initialed by the firms – next week. Once approved, the deals will mark a milestone for Iraq as it seeks to transform its moribund oil [...]

Vietnam Gold Trading

sony — Fri, 01 Jan 2010 07:31:32 +0000

Vietnam gold trading floors where investors can deposit a small fund and then trade 14 times the value of their initial investment, which posed a risk to both investors and the country’s financial system, a government statement said. The government has also asked the central bank to abolish regulations allowing trading gold using offshore accounts. Vietnam [...]

Large platinum consumption across China

sony — Fri, 01 Jan 2010 07:28:37 +0000

Platinum jewellery ornaments are making big waves across China. Sales of platinum jewellery have risen dramatically in the dragon country, prompting precious metals analysts to predict that platinum will outperform gold in China. What has brought about this large increase in platinum consumption in China? The most obvious factor is the sharp decline in the platinum [...]

Gold prices investment zoomed in 2009 2010

sony — Fri, 01 Jan 2010 07:22:25 +0000

Gold price zoomed to touch $1227 per ounce in November, gold was the toast of the investing public, analysts and bullion traders across the world. From a modest $800 per ounce, That was an astonishing bull run for gold. Gold bugs are these days predicting that the yellow metal prices will continue to boom, touching [...]

Diamonds Bullish in 2010 after sparkled in 2009

sony — Fri, 01 Jan 2010 07:14:28 +0000

Diamond prices held up well during 2009 despite the challenging macro-economic environment. After declining approximately 25 percent during the last quarter of 2008 and the first quarter of 2009, prices for investment diamonds stabilized during the second quarter of the year and held firm throughout the second half of the year finishing the year only [...]

Caledonia Gold Mining Corp Company in Zimbabwe

sony — Thu, 31 Dec 2009 21:01:24 +0000

One of the mining companies operating in Zimbabwe, Caledonia Mining Corporation, through its subsidiaries has acquired Blanket Gold Mine dealership License for gold export procedure. Gold Dealer License is a license granted to a company that produces gold to be exported directly in gold and gold bullion to the refiner. Zimbabwe gold producer Gold mendapatjan [...]

India Iron Ore Increase in 2010

sony — Thu, 31 Dec 2009 20:55:00 +0000

India planning to increase purchases of iron ore in 2010. Increased purchases of iron ore in anticipation of shortage of iron ore that will be used to produce metal, special steel production. ArcelorMittal is also trying to improve its self-sufficiency in coking coal by 20 percent to 25 percent, from 15 percent. Lakshmi Mittal, ArcelorMittal’s chief [...]

Lara Exploration Ltd Acquisition Maxy Gold

sony — Mon, 28 Dec 2009 11:52:05 +0000

Lara exploration acquisition of all the issued and outstanding shares of Maxy Gold Corp. Effective today, Maxy became a wholly owned subsidiary of Lara and its shares were delisted from the Exchange. Andre Gauthier, Maxy’s President, has been appointed Lara’s President and joined its Board of Directors. Miles Thompson has become Chairman of Lara’s Board [...]

Melkior Expands West Timmins Drilling Exploration

sony — Mon, 28 Dec 2009 11:45:24 +0000

Drilling exploration of 7 holes totalling 1,960 metres has been completed on the West Timmins Carscallen property prior to the December 16 holiday break. Samples from potential mineralized sections have been sent for assay. The expanded drill program for 2010 is expected to total approximately 10,000 metres at greater depths. To date, gold bearing structures have [...]

Silver Shield Resources Exposure Gold in West Timmins Area

sony — Sun, 27 Dec 2009 11:53:31 +0000

Silver Shield Resources (SSR-TSXV) is pleased to announce that it has signed a Letter of Intent, to enter into an Option and Joint Venture located in what continues to be Canada’s hottest Gold exploration play, the West Timmins Area. The Company and a private company, Mhakari Gold, will each acquire 50% of four groups of [...]

Uranium Nuclear energy in Russia and India

sony — Sat, 26 Dec 2009 12:12:46 +0000

Russia and India have signed an agreement to increase civilian nuclear energy on Uranium mining cooperation that is likely to see Russia building four nuclear reactor units at Kudankulam in the southern state of Tamil Nadu. The announcement about uranium mining came after talks in Moscow from 6 to 8 December 2009 between Indian prime minister [...]

Gold mining stocks global gold funds

sony — Fri, 25 Dec 2009 02:15:59 +0000

Funds that invest in gold mining stocks (which underperformed gold ETFs in 2008) staged a sharp recovery in 2009. The rebound in world equity markets and safe-haven buying in gold led by dollar’s value depreciation fuelled the run-ups in gold stocks. Gold prices were often in the news this year due to its upward movements. [...]

Freeport Wins in Japan Copper Smelter Fees

sony — Wed, 23 Dec 2009 03:25:45 +0000

Freeport is the world’s largest publicly traded company copper producer, secured a 38 percent cut in calendar-year processing fees from Japan copper Japanese smelters, according to two people familiar with the agreement. The company will pay $46.50 a metric ton and 4.65 cents a pound in so-called treatment and refining charges next year, the two [...]

Copper prices chart 2009

sony — Wed, 23 Dec 2009 03:19:08 +0000

Copper is usually found in nature in association with sulfur. Pure copper metal is generally produced from a multistage process, beginning with the mining and concentrating of low-grade ores containing copper sulfide minerals, and followed by smelting and electrolytic refining to produce a purecopper cathode. An increasing share of copper is produced from acid leaching of [...]

Bannerman lodged etango project in namibia

sony — Wed, 23 Dec 2009 03:02:02 +0000

Bannerman has lodged with the Namibian Ministry of Environment and Tourism an Environmental and Social Impact Assessment conducted by independent environmental consultants A. Speiser Environmental Consultants CC and peer-reviewed by Environmental Resource Management and the Southern African Institute of Environmental Assessment. The application was lodged with the Namibian Ministry of Mines and Energy to enable [...]

Uranium One Inc interest Karatau Mine kazakhstan

sony — Wed, 23 Dec 2009 02:51:09 +0000

Uranium One Inc. interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto (”ARMZ”), the Russian state-owned uranium mining company. In accordance with the June 14, 2009 purchase agreement between the Company and ARMZ, escrow will be lifted upon registration of the transfer of the Karatau interest with the South Kazakhstan Region Department of [...]

Cobalt mining company in Idaho

sony — Thu, 17 Dec 2009 05:24:39 +0000

Cobalt mining in Idaho start in 2011, more about cobalt mining, mining company, cobalt position on colton, mining exploration, mining news. Chairman and Chief Executive Officer Mari-Ann Green said the Vancouver-based company aims to supply as many as 1,600 tons annually of 99.9 percent-pure cobalt to companies like United Technologies Corp.’s Pratt and Whitney unit, [...]

First gold pour at Mexico mine: Vancouver-based Timmins Gold

sony — Sun, 13 Dec 2009 13:39:16 +0000

Vancouver-based Timmins Gold has made the first gold pour at its San Francisco gold mine in Sonora, Mexico. Gold plant superintendent Medardo Miramontes and assistant mine manager Lucio Romero, under the supervision of mine manager Alfredo Barrazam, poured a 46-kg dore bar. The bar contained 1 152,70 oz of gold and 288,28 oz of silver. Shares [...]

South Africa Mining Production

sony — Sun, 13 Dec 2009 13:34:05 +0000

South Africa mining production for October 2009 decreased by 8.5% compared with October 2008,” the Pretoria agency said. The total value of mineral sales at current prices for the third quarter of 2009 decreased by 28.5% compared with the third quarter of 2008, Statistics SA said. The major contributors to the decrease of 28.5% were platinum group [...]

Barrick Gold Corp continue to dig gold mine in Nevada

sony — Sun, 13 Dec 2009 13:21:19 +0000

Gold mine in Nevada by the gold mining company Barrick Gold Corp., Is in litigation. U.S. appeals court is doing environmental analysis of gold mining project in Nevada which is operated by Barrick Gold mining company. U.S. appeals court orders to delay the process of digging a gold mine with a depth of 2000 feet [...]

Jinshan Gold Mines at China National Gold Company

sony — Sun, 13 Dec 2009 13:12:49 +0000

Jinshan Gold Mines to get loans from the China National Gold Group. Value of loans approved for U.S. $ 40 million. Loan facility must obtain approval from the Toronto Stock Exchange. Conditions interest loans given to Jinshan Gold Mines to 6% per annum accrued interest payable quarterly. Loans due and paid in December, 2011. The proceeds will [...]

ARM sign supply agreement with Eskom – Goedgevonden

sony — Thu, 10 Dec 2009 15:18:15 +0000

Goedgevonden Colliery is the flagship asset of the ARM Coal and Xstrata partnership, and has been developed at a cost of just over R3 billion. Its 6.7 annual capacity will be split almost equally between Eskom supply and export through the Richards Bay Coal Terminal. Goedgevonden is 51% owned by ARM Coal and 49% by [...]

Australia iron ore output and export hit record level

sony — Thu, 10 Dec 2009 14:55:36 +0000

Australian Bureau of Agriculture and Resource Economics report, iron ore production was 107 million tonnes in the September quarter, up 8% on the previous quarter, while exports were 98Mt, up 10%. The appreciation of the Australian dollar resulted in the value of copper exports dipping 4% to $1.5 billion. ABARE said copper production in the December quarter [...]

Australia mining market metal prices

sony — Thu, 10 Dec 2009 14:42:29 +0000

Metal gold prices also remains under pressure, falling 2% to $US1121 per ounce on the Comex division of the New York Mercantile Exchange. Analysts widely tipped the seasonably adjusted unemployment rate for November to rise 0.1% to 5.9%, but it actually fell 0.1% to 5.7%. Shares fell for the fifth consecutive trading day and the S&P-ASX [...]

Asia Gold Mining Company Prospect Investors

sony — Thu, 10 Dec 2009 14:26:13 +0000

Asia Mining Company, Gold miners enjoyed a sizable rally Wednesday, particularly in Australia and China, with prices for the precious metal climbing to a fresh record high and growing speculation that Beijing will boost its gold purchases to offset the U.S. dollar’s decline. “Everything is working in gold’s favor,” said Cameron Peacock, a market analyst at [...]

Coal Prices Expected Increase in 2011

sony — Tue, 08 Dec 2009 02:56:02 +0000

Coal price increase will affect the price of steel, this condition will affect the income of producers of steel. Analysts predict an increase in coking coal prices would complicate Indian steel producers. Analysts predict that conditions will be faced by producers of steel, if the price of coking coal increased. Analysts estimate the price of coking [...]

Coking Coal Mining Operation In Shanxi Province, China

sony — Tue, 08 Dec 2009 02:50:44 +0000

Coking Coal Mining Operation In Shanxi Province, China has signed LoI of U.S. coal producer company, America West Resources. The coal mine will be operated is a coking coal mine owned by Shanxi Jiexiu Luxin Coal Gasification Company, a coal mining company in China. Luxin Company operates coal coking plant in Shanxi Province with annual [...]

Leading gold mining company Lihir Gold Limited

sony — Sat, 05 Dec 2009 13:32:21 +0000

Lihir Gold Limited is a leading gold mining company with operations in Papua New Guinea, Western Africa and Australia. It is unhedged and leveraged to the price of gold, expecting to produce over one million ounces of gold this year. Lihir boasts strong cashflows, a healthy balance sheet, and has recently initiated a dividend payment [...]

Gold mining companies source has identified three main areas

sony — Sat, 05 Dec 2009 13:21:42 +0000

Gold mining companies source has identified three main areas of interest. Areas of interest include: Interestingly, the region’s first Little Brother Claims Group, in which the number of samples taken from areas along the northern grandiorite with volcanics level, which produces visible gold occurrence. Assay results from this initial sampling of this very exciting program to [...]

Gold Price has New Support

sony — Sat, 05 Dec 2009 13:03:47 +0000

Gold price has new support at 1 Dec 2009, look at the chart oh gold prices bellow! from this site you can get minutes update of gold prices, from : goldprice.org Where to Buy Gold Investing in Gold Is the Gold ETF GLD Right For You? Why Gold Spot Gold Price Storing Bullion Internationally How to Buy Gold and Silver on the Comex Australian [...]

Silver Price per Kilo on Dec 2009

sony — Sat, 05 Dec 2009 12:45:07 +0000

Bellow the chart of silver price on December 2009, mining silver, not as overbought as gold, has not corrected as much as the gold price. No sooner had I let fly the words from my mouth yesterday that it wasn’t to be expected that the Gold/Silver Ratio would fall by gold dropping while silver held [...]

China steel industrial production growth

sony — Thu, 03 Dec 2009 10:40:10 +0000

KGI Securities analyst in Taipei, making an analysis of the growth of steel production and coking coal demand in 2010. Growth in China’s industrial sector is always getting the attention of mining companies world mining non maupu company, because the growth of industrial sector affects the growth of the global industrial sector. Rise in coking coal [...]

Mining Exploration in Ghana India

sony — Thu, 03 Dec 2009 10:35:34 +0000

Gold mining exploration rights held by the company Ayanfuri mining Persues. Ayanfuri a gold mine site in the Ghana government area. To build a manufacturing facility, Persues mining company has secured a loan worth $ 85 million. Persues mining company plans to begin construction in the first quarter of 2010 and production of gold mining [...]

Argentina Underground Gold Mining in Gualcamayo

sony — Fri, 27 Nov 2009 17:29:53 +0000

Drilling has found Gualcamayo could also have an underground mining operation. The expected minimum life of Gualcamayo is nine years and is expected to increase to 13 years as QDD Lower West reserves start contributing. Gualcamayo gold mine is an open-pit heap-leach mine 270km from San Juan, Argentina. It consists of Quebrada del Diablo (QDD), Magdalena [...]

Uranium Mining Industry

sony — Fri, 27 Nov 2009 17:14:55 +0000

Government in Western Australia has vowed to allow uranium mining. Its early talks with Canberra indicate that the industry will expand relatively quickly in the state if resources companies want to develop beyond the exploration stage. But the approval of new mines in the state will no doubt be a challenge for the once prominent anti-uranium [...]

Stainless Steel Increase Demand Nickel Prices

sony — Fri, 27 Nov 2009 17:04:01 +0000

Nickel has endeavored to touch the psychological level of INR 1000 per kilogram after a gap of around 1 year. There has been a significant rebound in prices of nickel, as it was most heavily beaten down metal earlier. It has been on a constant rise, after its breakout above INR 666 per kilogram in [...]

An economic recession occurs on Mining industry

sony — Fri, 27 Nov 2009 16:54:32 +0000

The expansionary monetary and fiscal policies coupled with sub-prime and speculative lending and weak financial regulatory systems in the industrialized world, especially the US, have led to the global financial and economic crisis (Laborde and Torero, IFPRI, 2009). Low interest rates and high public expenditures in industrialized countries have contributed to the crisis. The global financial [...]

Base Metal Price Exchange and Metal Market

sony — Fri, 27 Nov 2009 07:19:13 +0000

Rupert Robson was appointed as an Independent Director with LME Limited in August this year, but will give up this position to become an Independent Director of LME Holdings Ltd. He is currently Non-executive Chairman with Charles Taylor Consulting plc and Silkroutefinancial Group Ltd, and a Non-Executive Director of both Tullett Prebon plc and Tenet [...]

Oil Mines Prices Dubai in November 2009

sony — Fri, 27 Nov 2009 07:05:59 +0000

Dubai has asked creditors of two of its flagship firms for a standstill on debt running into tens of billions of dollars as part of restructuring Dubai World, sparking fears of debt defaults that could hit other parts of the global economy and derail the fledging recovery from the global financial crisis. Oil prices extended [...]

Mining Analysts Maintain India Gold future edge lower

sony — Fri, 27 Nov 2009 06:49:42 +0000

The most-traded gold contract MAUZ9 on the Multi Commodity Exchange was 0.38 percent lower at 17,930 rupees per 10 grams at 10:49 a.m., after hitting a record high of 18,047 rupees in the previous session. India gold futures edged lower on Friday, but still hovered near-their record highs, weighed by profit-taking after gaining 7 percent since [...]

India copper Mines stockpiles

sony — Fri, 27 Nov 2009 06:42:18 +0000

Copper stocks in the LME rose by 475 tonnes to 432,075 tonnes on Thursday. <0#LME-STOCKS> In other base metals, zinc November MZIX9 was 0.58 percent lower at 103.65 rupees per kg, while lead for November delivery MLDX9 was 0.69 percent lower at 107.95 rupees per kg. India copper futures were flat on Friday as support from [...]

Metal Price Shanghai copper falls on Dubai

sony — Fri, 27 Nov 2009 06:28:22 +0000

Dubai’s debt woes shook the financial world and the trust of Western investors who had turned to the Gulf region for help during the financial crisis, sinking global stocks and driving the dollar higher. Shanghai copper fell nearly 2 percent on Friday, tracking London’s losses in the previous session, as the debt problems in Dubai [...]

Bauxite Mines Map in India

sony — Fri, 27 Nov 2009 04:18:45 +0000

Bauxite Mines Map in India source : http://mapxl.com

India Mining Map for Coal mining Cmpany

sony — Fri, 27 Nov 2009 04:14:49 +0000

Coals Mine Map of India. You can see above mining map in India about coal mining company. source : http://www.mapsofindia.com

India and China will Coal Supplies strain world

sony — Fri, 27 Nov 2009 03:50:51 +0000

Indian and Chinese economies will strain world coal supplies, boding well for coking coal producers such as NZX-listed Pike River Coal and government-owned Solid Energy, says broker McDouall Stuart. “Global coal markets are rapidly returning to reflect their underlying fundamentals, and those fundamentals point to an increasingly severe mismatch in global supply and demand, particularly for [...]

Mining Intelligence and Technology

sony — Thu, 26 Nov 2009 11:48:56 +0000

Do you need accurate and reliable cost data for project planning or estimating the cost of new coal mines and prep plants? If so, then our new 2009 Coal Cost Guide will provide you with up-to-date information. Features sections on surface, underground mine cost models, prep plant models, mine transportation, utilities, equipment, supplies, taxes, wages [...]

East Asia Mineral Mining Corporation

sony — Thu, 26 Nov 2009 11:41:44 +0000

East Asia currently has 55,645,372 shares outstanding. The Company’s shares are listed for trading on the TSX Venture Exchange under the symbol “EAS”. The Company also owns twelve uranium properties, including the advanced Ingiin-Nars, Ulaan Nuur and Enger uranium projects, four phosphate properties and a 75% interest in the Khok Adar copper oxide discovery in [...]

Armstrong Mining Company

sony — Thu, 26 Nov 2009 11:33:24 +0000

There is new information Monday about two mines the Armstrong Coal Company plans to open in the Tri-State. All systems are go to open an underground mine in Muhlenberg County, but in neighboring Ohio County, plans to open a surface mine have hit a few snags. Armstrong Coal is still waiting to hear from the [...]

Mozambique Mining Industry growth of 9.2% during 2008-2009-2010-2011-2012

sony — Thu, 26 Nov 2009 11:23:15 +0000

Mozambique Mining Industry is forecast to log an average growth of 9.2% during 2008-2012 and be valued at US$0.38bn in 2012. Mozambique’s mining sector remains bright, with the national director of Mining Resources, Fatima Momade, stating that the mining and oil sectors should be the primary drivers behind GDP growth hitting around 15% by 2010. Momade [...]

Citigroup Global markets analyzing chart to predict price of mining

sony — Thu, 26 Nov 2009 11:14:39 +0000

Citigroup Global Markets, analyzing charts that some traders use to predict price direction, said in a report Jan. 8 that “commodity markets, while still considered in a bull run, are now overheated and vulnerable to significant corrections.” As losses mount in copper, oil and sugar, these firms say the 20 percent plunge in commodities, as measured [...]

India Coal Mining Price

sony — Wed, 25 Nov 2009 09:50:38 +0000

Some time ago a small mining company proposing an increase in coal prices by 11%. According to the analysis of small, 11% increase in coal prices, only a marginal influence inflation. Little hope that an increase in coal prices could help the company increase sales revenue of Rs 4.629 crore coal and increase profits before [...]

Gold Price Chart 2009

sony — Wed, 25 Nov 2009 09:29:59 +0000

Whiel the outlook for Federal debt and spending continues to rise, the price of gold has actually declined by over 5% since closing above $1,000 on Friday (2/20). A look at that chart however, shows that the price of gold remains comfortably above its 50-day moving average (889) and the one-year downtrend line that [...]

Coal Mining Company and Industry

sony — Wed, 25 Nov 2009 09:05:18 +0000

Anzawara Satria, PT A consortium between PT Maxima Infrastruktur and PT Anzawara Satria, South Kalimantan, will supply coal for PLTU PLN. Arutmin Indonesia, PT PT Arutmin Indonesia, South Kalimantan, will supply coal for PLTU PLN. Bara Tambang, PT A consortium between PT Bayan Resources, PT Gunung Bayan Pratama Coal, and PT Bara Tambang, East Kalimatnan, will supply coal for PLTU [...]

Company News Coal mining company production from uk

sony — Wed, 25 Nov 2009 08:36:39 +0000

UK Coal is one of the few mining companies whose shares have fallen this year, underperforming the UK mining index. UK Coal reported, “The production for three weeks in each of the mining companies have been materially lower than anticipated. Surface mine production remains in line with previous expectations of about 1.4 million tons. Shares in [...]

Glencore Buy Prodeco Coal Mining Assets From Xstrata Mining Company

sony — Wed, 25 Nov 2009 08:27:30 +0000

Glencore can make the call option to buy back Prodeco for $ 2.25bn before March 4. But before the third quarter earnings reports lingering concerns that the buy-back, even if affordable, not in the interests of improving the value of Glencore credit. Miriam Hehir, a credit analyst at RBC Capital Markets in London, gave a statement [...]

Virginia Mining Company

sony — Wed, 25 Nov 2009 08:15:13 +0000

Mmining company that has spread outside the drilling area in the Quebec region is Virginia Mining Corp. In near future Virginia Mining immediately begin drilling a gold mine in James Bay, Quebec. This mining company will drill six holes in a gold mine with an estimated drilling time for six months, the total area of [...]

Goldminers in South Africa have contracted lung diseases

sony — Tue, 24 Nov 2009 03:08:16 +0000

South Africa’s goldmining industry has employed up to half a million miners at any time over the past century. A series of major studies found that one in four long-service miners suffered from silicosis, which put them at significantly increased risk of TB and lung cancer. Tens of thousands of goldminers in South Africa have [...]

Hyperdynamics Reports Encouraging Initial Results From Oil Seeps

sony — Tue, 24 Nov 2009 02:26:32 +0000

“We are especially encouraged by the fact that the survey was able to confirm oil slicks identified by satellite imagery, and in some cases, trace them back to their subsurface origin. Both fluid samples and drop core samples were successfully obtained from the survey, and we will be analyzing them to differentiate source rock ages,” [...]

Encore Renaissance Resources Corp. Receives Underground Mining

sony — Tue, 24 Nov 2009 02:23:36 +0000

Encore is a well diversified junior with projects that include its flagship property, The Bonaparte Gold Mine, located near Kamloops, British Columbia. Encore also has approximately 5,200 contiguous acres bordering Underworld Resources in the Yukon, approximately 160,000 contiguous acres of land prospective for lithium in Alberta, and 6,660 acres of land in the Stewart Mining [...]

Properties Winter Program : RockBridge Upadate BC Oil and Gas

sony — Tue, 24 Nov 2009 02:21:12 +0000

The capital program also includes a seismic program targeting the Halfway formation and it is expected that the seismic information will be used to identify and confirm additional Woodrush drilling locations over and above the well to be drilled in December. The seismic is also important in designing a potential secondary recovery waterflood, including locating possible [...]