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Gold Prices Flat as US Dollar Pares Gains on US Data, Mining Stocks Mixed
Spot gold prices once again were steady around US$1,125/oz after showing yet more volatility yesterday, when the yellow metal slipped below US$1,120/oz after almost reaching US$1,135/oz, largely in response to movements in the currency markets.
Gold fell after the euro weakened against the US dollar on comments from a Greek official, who said that the country [...]
Solomon Gold to Acquire Two Australian Mining Exploration Companies
Aim-listed Solomon Gold would acquire two Queensland exploration companies for 86,8-million shares, and A$1-million in cash, as well as A$1-million in convertible notes, the company announced on Wednesday.
Solomon Gold said in a statement that the acquisition of Acapulco Mining and Central Minerals would complement its existing exploration projects with gold major Newmont Mining on the [...]
Lihir Gold Limited Appoints North American Investor Relations Representative
Global gold producer Lihir Gold Limited has moved to provide greater focus on its North American investor communications through the appointment of an Investor Relations Officer based in Denver, Colorado.
The appointment reflects the requirement for the company to have closer relationships with the investor community in the major markets in the region.
Australian Talison Lithium Begin Mining Operations At Val D’or Lithium Mine, Quebec
Estimate the industrial sector will increase demand for lithium from year to year, Estimate the industrial sector will increase demand for lithium from year to year, because the lithium to be the main element in the development of electric-powered automobile.
Sales Of Rio Tinto Thermal Coal Assets Expected Reach $ 10 Billion
Australian newspaper reported, asset sales Rio Tinto mining company is expected to reach $ U.S. 10 billion. New York Stock Exchange issued a list of recent bond sales and thermal coal mining company Rio Tinto.
Mining companies promotional activities to achieve sales target shares. Promotion activities conducted in the United Kingdom and the United States.
Galaxy Resources Opens Lithium Mine Project at Ravensthorpe in Western Australia
Australia mining companies will make lithium mining exploration in Ravensthorpe, Western Australia. Ravensthorpe mine in the area once used by the mining company BHP Billiton nickel mine exploration, but exploration of nickel mines closed, so that people in the Ravensthorpe area lost their jobs.
BHP and Rio Tinto Iron Ore Joint Venture, Positive for Brazilian Mining Company
BHP and Rio Tinto’s $140 billion iron ore joint venture has been good news for Brazilian iron ore giant Vale, according to a senior figure in Brazil’s asset management industry — one of the world’s top 10.
“The fact of the merger will be seen as positive for Vale,” said Itau-Unibanco Asset Management global product specialist [...]
India Iron Ore Industrial Change and Development
India is the world’s third-biggest supplier of iron ore after Australia and Brazil. Here are some key facts about the Indian industry :
PRODUCTION :
- India produces more than 200 million tonnes of iron ore annually and exports about half of that.
- There are about 500 mines, half of which are operational. These mines are held [...]
The Biggest Mining Company, BHP Billiton Selling 28% of Iron Ore Mine Production at Forecast Decline in Contract Prices
BHP Billiton Ltd., the world’s largest mining company, sold 28 percent of its iron ore output at cheaper spot prices after customers deferred deliveries ahead of a forecast decline in contract prices.
