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Guinea and Chinese Discuss Mining Exploration and Infrastructure Investment
Guinea and China are discussing a deal which could see billions of dollars of Chinese investment in return for mining rights in the West African country, which has a third of the world’s bauxite, a Guinean minister said.
A delegation including officials from the Chinese Development Bank recently spent a week in Guinea and is due […]
Rio Tinto Cintinue to Increase Iron Mine Exploration and Production From Pilbara mines
Rio Tinto says its expansion program has paid off with quarterly production records set in iron ore and alumina in the three months to June.
The mining giant said production of iron ore, which is the largest contributor to Rio’s earnings, increased 13 per cent to 41.9 million tonnes from a year earlier as the company […]
Saudi Arabian Mining Company, Ma’aden Increases Investment of Mine Exploration
Saudi Arabian is state having big potency to do investment in mine exploration. as has been known arab saudi has done investment at some activities of mining exploration in world. Company successfulness of Saudi Arabian Mining Company in doing exploration of gold mine is an achievement in mine exploration of mine.
Now Saudi Arabian Mining Company, […]
Demarcation of Coal Mining Products Export From Indonesia
Some reports mentions that Indonesia will release demarcation order of coal mining products export. This thing is done for the agenda of mengantipasi requirement usage of energy in country.
State China and India interests to do investment in exploration sector and coal mining in Indonesia.
But report gets is argumentative from Direktur Bidang Mineral Departemen Batubara and […]
Vietnam Coal and Mineral Industry Group Joint Stock Company
The Prime Minister has allowed the Vietnam Coal and Mineral Industry Group (TKV) to set up joint stock companies with foreign partners for bauxite-aluminum projects.
Under the scheme, the TKV is allowed to set up a joint stock company with at most 40% of its stake sold to foreign partners and nine other% to the public. […]
Mining Exploration Company, Rio Tinto Group Drop in Production of Steelmaking Coal, Copper, Diamonds, Zinc
Rio Tinto Group, the world’s third- largest mining company, reported a drop in production of steelmaking coal, copper, diamonds, zinc and lead as the industry struggles to grow at a time of record-high prices.
First-quarter coking coal output fell 27 percent after weather disrupted supplies from Australian and mined copper dropped 6 percent, the London-based company […]
Sierra Leone to review mining contracts
Sierra Leone’s government will review all mining contracts in the West African state to try to clean up corruption and cheating and maximise benefits for the nation, Minister of Mines Alhaji Abubakarr Jalloh said.
“We’re not going to allow our minerals to be a curse to us,” Jalloh told Reuters in an interview this week.
“We are […]
Indonesia Antam to reduce dependence on nickel
But nickel is the main business of the company whose sales revenue more than quadrupled to 4.1 trillion rupiah ($451.1 million) - JAKARTA, Oct 3 - Indonesian state-owned miner PT Aneka Tambang plans to reduce its dependence on nickel and step up its gold and bauxite business in coming years, a senior company official said.
The […]
Mining Company Exploration : Rio Tinto profits slip as costs bite
Mining giant Rio Tinto Ltd has posted a 14.3 per cent drop in first half net profit, after cost pressures took a toll on its business.
Net profit for the six months ended June 30 slipped to $US3.523 billion ($A4.12 billion).
Underlying earnings also slipped, by 5.9 per cent to $US3.529 billion ($A4.13 billion), missing the consensus […]
