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Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
China Iron & Steel Company Candidate Expansion Pilbara Iron Ore Project
Hunan Valin Iron & Steel has pipped China’s largest steelmaker, Baosteel, as the leading candidate to fund a $3billion-plus expansion of the Fortescue Metals Pilbara iron ore project.
China Iron Ore Mine Import Reported Rise 6.2% on Nopember
China’s iron ore imports rose 6.2% on month in November to 32.52 million metric tons, but analysts say that is merely a blip in contractual deliveries and some stockpiling at mills.
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
Australian Mining Exploration Reported, Iron Ore an Coal Mine Export Effort Australian Economic Growth
Bloomberg online news reported today, growth of chartered investment Australia to experience increase of this year. Factor assisting growth of this state is existence of export mine exploration result activity, especially at delivery of mining products, iron ore mine and coal mine.
Exports climbed 1 percent to A$21.9 billion ($21.1 billion) in May, the statistics bureau [...]
Mining Exploration, Market and Trade Reported
This week crude oil spiked 8% higher Friday into the high $130s; Senator Barack Obama cinches the Dem-Nom; an Israeli official says that bombing Iran’s nuclear facilities looks inevitable; the U.S. unemployment rate pops half a full percentage point to 5.5%; the buck gets thumped despite Bearded Ben’s early-week fireside chat (where he uncharacteristically mentioned [...]
Essential Energy Services Trust Increases Existing Credit Facilities to $110 Million
Essential Energy Services Trust (”Essential” or the “Trust”) is pleased to announce the addition of a fourth Canadian chartered bank to its existing syndicate of three Canadian chartered banks and that it has also reached agreement to increase its credit facilities from $85 million to $110 million. “With the previously announced bought deal equity financing [...]
Swiss firm sees a glint of gold in the sands of Cook Inlet
An international prospecting company is reviving the chase for gold in Cook Inlet sands a century after the first attempts didn’t pan out and two decades after most everyone gave up looking.
Hemis Corp., a two-year-old company with offices in Switzerland and Nevada, has paid an exploration company for the right to pick up where it [...]
