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Several Mining Companies Hold Plans New Mines Onstream
The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.
Global Mining Companies Plans Expansions Iron Ore Mine Output
Global iron ore prices are set to decline sharply in 2009 as demand for the steelmaking ingredient shrinks dramatically as a result of deepening world economic recession.
Rio Tinto Consider To Invest $6 billion Iron-Ore Mine Project in Guinea
Rio Tinto Group, which is considering the construction of a $6 billion iron-ore project in Guinea, said it will seek talks with the country’s military junta over plans to revise mining contracts.
Rio Tinto Iron Ore Mine Project in Guinea (Updated)
The world’ second largest miner, Rio Tinto is struggling to save the northern part of the Simandou iron ore project in Guinea, as the licence granted to it has been re-allocated and awarded to its lesser known rival, BSG Resources, under the so-called “use-it-or-lose-it” principle.
Guinea Goverment Intend Discuss Simandou Iron Ore Project With Rio Tinto
Guinea wants more talks with Rio Tinto about the mining firm’s key Simandou iron ore project in the West African country, the prime minister said in comments broadcast on Thursday. The $6 billion project is crucial to Rio’s future production portfolio as it fights off a hostile takeover bid from rival miner BHP Billiton [...]
Rio Tinto Ambitions to Triple Iron Ore-Mine Production
RIO Tinto expects little fall in demand for Australia’s iron ore and has been approached by Indian steel mills, eager to secure alternative supplies to meet the needs of the nation’s booming economy.
The mining giant, which has long-term ambitions to triple iron ore production, also plans to make the way it sells its iron ore [...]
Rio Tinto Make Plans To Develop Iron Mine in West African
For expand and develop mining project Rio Tinto, the biggest mining company, looking partner from Chinese. Rio is make plans looking partner mining company specialy mining company for steel and construction companies to help develop a $6bn (£3.08bn) West African iron ore mine.
Sam Walsh, head of Rio’s iron ore division, said in an interview with [...]
Gold Rush Plunges Undersea as Miners Scour Pacific (Correct)
(Corrects company in 10th paragraph whose shares declined.)
David Heydon says the rock he dredged from a mile beneath the sea off Papua New Guinea looked like nothing more than a dull-brown fire hydrant. Inside were veins of copper and gold worth $300.
Two companies exploring the South Pacific seas with new remote-controlled robots are betting rocks [...]
