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Newmont Mining Gold Producer Reports Earnings Exceed Estimates


Newmont Mining Corp. is one of the largest gold producers in the world. The company reported profits until the fourth quarter sharp jump in excess of Wall Street estimates, the company’s revenue doubled on record prices for precious metals.
Gold production generated by Newmont rose 10 percent on the year and estimated gold production in 2010 [...]

Report Mining Production and Sales Price of Mining Group Xstrata Plc


One of the largest mining company in the world, Xstrata reported a variety of mining production is managed by the company and the price of each ingredient mines during the year 2008-2009. Reported mine production comes from the various mining exploration undertaken by the company.

Mining Company BHP Billiton Iron Ore Production Highest Recorded


Mining company BHP Billiton iron ore production reported from several locations of their iron ore mines to reach the highest rate in the quarter. The highest production of iron ore from the Pilbara region, Western Australia. Production of iron ore from iron ore mines in the Pilbara region of about 54%.

Gold Mining Company New Gold Reported Gold Production In The Third Quater 2009 Increased 16 Percent


New Gold Inc. today announced unaudited financial and operational results for the third quarter ended September 30, 2009. Gold production was 79,531 ounces in comparison to 68,801 ounces in the same quarter in 2008. Earnings from mine operations increased by 67% to $22.6 million from $13.5 million in the third quarter of 2008.

Chesser Resources To Increase Mining Investment on Gold Mining Project In Turkey


Chesser Resources planned gold mine development project in Turkey. In this gold mine project Chesser on gold production target with a high grade. Development of gold mining projects require substantial funding, so that the gold mine development project can be run in accordance with the company’s plans.

Mining Company Vale SA Signed Contract With Saudi Basic Industries Corporation


Saudi Basic Industries Corporation (SABIC) signed a cooperation contract with the mining company Vale SA for 10 years. Vale SA will supply DRPs to factory SABIC. Contractual agreements between the two companies, Vale will supply 3.3 million tons of DRPs.

Anglo American Will Sell Mining Assets And Cut Management Layers After Xstrata Down Bid $ 48.2 Billion


Anglo American has started reorganizing since taken over in 2007. Anglo will reset the company management and will sell a number of mining assets owned by Anglo. Assets to be sold mines zinc mining, steel production assets Scaw Metals.

Rio Tinto Group Estimates Iron Ore Production Rose 7.5 Percent


Largest mining company Rio Tinto would predict an increase in iron ore demand from steel makers. Therefore, Rio Tinto will increase iron ore production of 7.5 percent. Rio Tinto iron ore will produce up to 210 million to 215 million metric tons in the second and third quarters. Production of iron ore was sourced from [...]

British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent


UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.