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Black Fire Minerals acquires Karibib Lithium Pegmatite Project in, Namibian
Diversified resources company Black Fire Minerals has snapped up the Karibib Lithium Pegmatite Project from Australian private company Sunrise Minerals in a deal worth about $455,000.
The acquisition will be facilitated via Black Fire purchasing Sunrise’s private Namibian subsidiary Starting Right Investments Ninety Four, which is the holder of the Karibib Project Exclusive Prospecting Licences EPL3750 [...]
Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent
Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Apex Mining Looks For Fund To Develop Exploration Capacities Of Gold-Mine
Listed Miner Apex Mining Co., Inc. will have to generate some $12 million on its own to increase the capacity of its gold mine in eastern Mindanao, company officials said late last week.
British miner Crew Gold Corp., the parent company of Apex Mining, was hit by the economic slowdown and is having trouble sourcing funds [...]
Agreement Of Iron Ore Discount, Brazilian Mining Company With China Steelmaker Company
Vale is the biggest mine company in Brazil. This mine company focus on exploration and produce of iron ore.
Has been reported, China and Japan is two states producing very big steel. Expansion and steel product increase in China and Japan requires supply of a real iron ore many, so that both this states need [...]
B.C.’s Mining Industry High Coal Prices to Record 2008 Profits
Aggregate pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey.
Copper Mining Company, Freeport Mc-Moran’s Reported Quarterly Profit Drop, Copper Mine Prices Slump
Freeport-McMoRan Copper & Gold Inc. on Wednesday reported a huge drop in quarterly profit, although the slumping price of copper was offset by a nearly doubling of gold sales.
Federal Government Rejects Takeover Bid OZ Mineral and Mining Resources in South Australia
Debt-laden mining company OZ Minerals is holding talks this weekend to try and strike a new takeover deal with China’s state-owned Minmetals.
Gold Mining Sector Right Now With Prices Rising And Input Costs Falling
Gold mining equities are only just starting their bull run, said Trevor Steel, managing partner and chief investment officer at U.K.-based fund manager Baker Steel Capital Managers, speaking at a conference in Singapore.
