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Mining Companies, Vale – Xstrata – Rio Tinto Submitted Proposal To Develop Mongolia Coal Mine


Vale, Xstrata and Rio Tinto are among the companies that have submitted proposals to develop Mongolia’s prized $2 billion Tavan Tolgoi coal mine, according to two people with direct knowledge of the matter.

Sumitomo Metal Mining Company Signed Contract With BHP and Freeport Copper Mine Processing Fees


Reuters reported that Sumitomo Metal Mining Company Limited has settled its 2009 copper processing fees at USD 75 per tonne and 7.5 cents per pound with both BHP Billiton and Freeport McMoran Copper & Gold.

Xstrata Copper and Gold Mining Project in the Philippines US$2bn


Global mining group Xstrata, which has coal and alloys operations in South Africa, on Wednesday confirmed that its US$2bn Tampakan copper and gold mining project in the Philippines had been raided and two buildings had been torched.
Communist rebels representing the New People’s Army claimed responsibility for the raid, saying its singular objective was “punishing [...]

Tin Negouran Uranium Project Update


Niger is the fourth largest uranium producer in the world. Today Global Uranium Corp. was update of its Tin Negouran uranium project in Agadez of Niger region, West Africa. Firs discovered by a Japanese exploration team 20 year ago.
This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause [...]

Komatsu: The Japanese Caterpillar


Faisal Laljee submits: Komatsu Ltd. is a Japanese entity that engages in the manufacture and sale of construction and mining equipment, industrial machinery & vehicles and electronics products. It is also expanding its businesses into other areas such as housing, transportation and logistics equipment.

Golden Eagle Confirms Confidence Demonstrated by Recent World-Class Projects in Bolivia


Golden Eagle International, Inc. confirmed its scheduled Conference Call and simultaneous Webcast on Thursday, March 8, 2007, at 4:15 p.m. EST (3:15 p.m. CST; 2:15 p.m. MST and 1:15 p.m. PST). The Webcast will feature a PowerPoint presentation updating progress on the C Zone gold project and the Buen Futuro A Zone gold-copper project. (IMPORTANT: [...]

Global Uranium Corp.: Stephen G. Roman Announces Uranium Initiative


Stephen G. Roman, Co-founder, President and Chief Executive Officer of Global Uranium (”Global” or the “Company”), a private Ontario corporation, is pleased to announce the signing of an exploration agreement with the Republic of Niger, the fourth largest uranium producing country in the world, regarding four uranium concessions in that country.
A three year exploration agreement [...]

Japan eyes Africa mining


Southern Africa is a coming target area for Japan’s mining sector and potential overseas partners were invited to join hands with Japan in this regard, Toshio Sakasegawa, executive director and member of the Board of Japan Oil, Gas and Metals National Corporation (Jogmec) said at the Mining Indaba 2007 on Tuesday.

Indonesia’s Riches Draw China, India


When it comes to energy and industrial commodities, China and India are Asia’s fiercest competitors. For the last couple of years, both Chinese and Indian companies have done deals across the globe — from Latin America to Africa — to win oil exploration rights or secure long-term raw material contracts.
Now they have set their sights [...]