Lithium Corporation to start lithium mining exploration projects in Nevada Lake Valley. Lithium Corporation is a company responsible for exploration activities and development of lithium mines Lake Valley. The Company continues to search for lithium mine in Nevada. Read More….
Kinross Gold, mining companies-Driven in Toronto, reported profits obtained from exploration and production of gold fell. Lowering profits for financing the expansion of higher gold mine. Expansion gold mines done because of the increase in gold prices.
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Two of the largest gold mining company Anglogold Ashanti and Randgold Resources a joint venture to acquire 20 percent more shares Moto gold mining projects from Okimo. The funds will be issued by both companies to get the Moto gold mining stocks approximately $ 113.6 million. Read More…
Growth in exploration activities in the coal mines in Mongolia resulted in a sharp increase coal production. Mongolia coal production lot imported into China, because the price of coal from Mongolia is cheaper.
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Essar Group plans to acquire coal assets in South Africa to help boost its power business in India. A senior executive of Essar Group said that South Africa is one of the world’s top coal exporters, and India is a growing export destination.
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Bjorkdal gold mine is a gold mine has long operated by Gold-Ore Resources. Mining company has been producing gold from both underground and open-pit operation at an annual rate of close to 40,000 oz / year. In addition to producing gold, Read More…
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…
Saudi Basic Industries Corporation (SABIC) signed a cooperation contract with the mining company Vale SA for 10 years. Vale SA will supply DRPs to factory SABIC. Contractual agreements between the two companies, Vale will supply 3.3 million tons of DRPs.
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Sociedad Quimica Minera de Chile SA, the world’s largest lithium producer, led declines on Santiago’s Ipsa Index after announcing price cuts for the metal used in batteries.
Soquimich, as the company is known, fell 3.6 percent to 20,630 pesos, the steepest decline since June 22. The Ipsa retreated 0.6 percent after four days of gains. Read More…
Lithium mining resources in Argentina gives hope to the Argentina government to become the largest lithium producer in the world. Increased production of lithium in Argentina was marked by the opening of lithium mine in northwestern Jujuy province in late 2010. Read More…
