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Canada Mining Exploration Company Shift Away From Metal Mine Exploration to Coal Mine Exploration
Canada’s biggest diversified mining company has made a major shift away from metals to coal.
Teck Cominco Ltd.’s $14-billion (U.S.) offer for Fording Canadian Coal Trust – the largest coal sector deal in history – amounts to a major bet by Teck on continued strength for the commodity, which is used to make steel and is [...]
Votorantim to Explore for Zinc, Nickel in Bolivia Next Year
Votorantim Metais, Latin America’s biggest producer of non-ferrous metals, will start exploring for new deposits of zinc and nickel in Bolivia in 2007 after prices for the commodities surged this year.
Sao Paulo-based Votorantim purchased concession rights to carry out mineral research in the Bolivian regions of Santa Cruz and Potosi, Joao Bosco Silva, the company’s [...]
