10 Chinese coal producers have joined a UN program to promote the development and deployment of clean coal technologies. The move aims to reduce emissions and environmental pollution. But some analysts believe it will take a while for China to reduce its reliance on coal.
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Brisas mine is a mine run by mining company Gold Reserve Inc. Gold Reserve mining company has invested $ 300 million to develop Brisas copper and gold mine. Venezuela government mining plan for the development of Brisas gold and copper will be conducted by a joint venture between the Venezuelan government and Rusoro Mining Ltd. Read More…
Fujian Daily reported, Zijin Mining has discovered reserves of copper mines and gold mines in the province of Fujian. Reserves of gold mines and copper mines is estimated around 80,000 tonnes. Zijin Mining to find reserves of copper mines and gold mines through mineral exploration activities Zijinshan basin. Read More…
National Aluminum Co. Ltd.. (NALCO) is India’s state-owned companies. These companies focus on developing the production of aluminum in India. This year NALCO plans to develop a copper and coal mining. To support this plan NALCO officials have made visits to the African Congo to see the prospects for coal mines and copper mines in the African Congo. Read More…
Freegood Inc., a South Korean venture firm that focuses on the development of natural resources. Freegood has acquired a copper mining company Ivanhoe Mines Mongolia Inc. Copper mine site taken over by Freegood retreat located in truth, Mongolia. Copper mine has reserves estimated at 5 million tons of copper. Freegood funds disbursed about U.S. $ 24.82 million. Read More…
Australia reported estimates reported production of iron ore, thermal coal, copper and metals industry for the years 2009 – 2010, will likely decline to reach $ 862.8 million (A $ 1 billion). The decline of production and revenue from the mining sector due to low sale prices of mining products in world markets. Read More…
Zambia’s copper output in 2010 is projected to rise to 700,000 metric tons due to increasing production at various mines, the country’s Finance Ministry has said.
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The value of Chile’s copper exports amounted to $2.177 billion in August, down 18.4 percent from $2.669 billion in the same month a year ago, central bank figures showed on on Tuesday.
The value of Chile’s copper exports totaled $2.542 billion in July, the central bank reported last month.
Chile is the world’s top copper producer, mining about a third of global supply. A sharp drop in copper prices from record highs last year due to the global economic crisis has curtailed the South American country’s revenue intake. Read More…
Copper climbed in New York and London, ending a four-day losing streak, after stronger-than- expected U.S. retail sales added to signals of an economic rebound.
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Zambia’s Mopani Copper Mines (MCM), a unit of Swiss firm Glencore International AG, said on Monday it had reversed a plan to suspend output at its copper mines due to an uptick in prices and falling production costs.
MCM, Zambia’s second largest mining company, said in March it planned to suspend operations at its Nkana underground and open pit mines and the Mufulira mines mainly on account of high production costs coupled with the collapse in copper prices. Read More…
