Search Results
China Became the World’s Largest Supplier of Gold, Surpassing South Africa
The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry
Review Of Growth And Investment Plans Throughout The Mining Industry Sector In 2009
Development of the mining industry in 2009 changed that part of the investor concerned and the mining company, the value of investments, acquisitions and mergers has decreased, if compared to the year 2007.
Rio Tinto Consider Offering U.S Coal-Mine Unit
Rio Tinto Group, the world’s third- largest mining company, is considering an initial public offering for its U.S. coal unit after failing to find a buyer for the business, said a person familiar with the situation.
Rio was close to a deal with Alpha Natural Resources Inc., said two people who declined to be identified because [...]
China National Coal Mining Company, Shenhua Enery Co. Plans Purchase Coal Mine From Mongolian
China Shenhua Energy Co Ltd, the nation’s top coal producer, yesterday said it was negotiating with the Mongolian government to purchase a coal mine in the country.
Platinum Producer, Anglo American Cut Plan Investment on Metal Price Rout
Anglo American Plc, the mining company that controls the world’s biggest platinum producer, cut planned investment by more than half as a rout in metals prices thwarted its $45 billion expansion program.
Teck to increase copper output 72 percent by 2010 if Aur Resources take-over goes ahead
Toronto-based copper mine Aur Resources (TSX: AUR) had not even contemplated putting the company up for sale when Vancouver-based Teck Cominco (TSX, NYSE: TCK) made a cash-and-share offer of Cdn$41/sh (US$38.69/sh).
In fact, Aur’s shareholders didn’t even want an all-cash bid although Teck has plenty of money in the till. They preferred a tax-free rollover.
The chance [...]
Ur-Energy Announces New Chief Financial Officer, General Counsel and Corporate Secretary
Ur-Energy Inc. is pleased to announce that Roger L. Smith has joined Ur-Energy as the Company’s new Chief Financial Officer, and Paul G. Goss has joined the Company as General Counsel and Corporate Secretary. Both individuals will be located in the Littleton, Colorado USA office.
John McNeice, CA, CPA served as Ur-Energy’s Chief Financial Officer since [...]
Botswana nickel refinery planned by LionOre
Canadian registered nickel producer, LionOre Mining International is seeking to raise US$620 million to construct the first metal refinery plant for Botswana. The plant will be built next year at its mine, Tati Nickel Mine, north of the capital Gaborone. Last month, the Toronto-based company received government approval to build the plant.
Managing Director Peter Breese [...]
Oil Projects Idle as Supply of Gear, Staff Runs Dry
A global shortage of drilling equipment has stalled production in Colombia. Delays of more than a year are common.
Deep beneath the Caribbean Sea lies an oil field so promising that it could reverse this country’s six-year slide in petroleum production and ease its economic problems.
But no one can get to the crude. A global shortage [...]
