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Mining Companies, Tibet Mineral Development To Develop Lithium Mining Project


Xinhua news agency reported, mining company Tibet Mineral Development focus on developing lithium mining project in Salt Lake. Lithium mining project is estimated to have reserves of lithium carbonate to reach 2.4 million tons. The company plans to produce lithium carbonate in the first phase of 5,000 tons and the second phase of lithium production [...]

Brazilian Mining Company Vale Sees Iron Ore Prices Higher In 2010


Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday, without offering estimates of how much prices could rise.
“I think it’s going to be a positive year, and iron prices are showing a tendency towards increase, but I do not [...]

Avalon Ventures Ltd. Progress Report Drilling Result Thor Lake Rare Metals Project


Avalon Ventures Ltd. is pleased to provide the following progress report on the 2008 work program on its 100% owned Thor Lake Rare Metals project located near Yellowknife, NWT. The summer drilling program on the Lake Zone Rare Earth Element (”REE”) deposit concluded in September bringing the cumulative totals since drilling commenced in 2007 [...]

China Digital Announces Termination of Agreement to Acquire Zhuo Tong Power Supply


China Digital Communication Group (OTC Bulletin Board: CHID), one of the fastest growing battery components manufacturers in China, announced today that the company’s board of directors has voted to terminate its previously announced agreement to acquire Zhuo Tong Power Supply Company.
China Digital CEO Ran Liang, said, “We were unable to conclude a final agreement that [...]