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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%.
India Mining Industry Will Reach a Total Value of US$45.40Bn
India is home to a myriad of metals and minerals. Globally, the country is the largest producer of sheet mica, the third largest producer of coal, the fourth largest producer of iron ore and the fifth largest producer of bauxite. Besides these natural resources, India also hosts significant reserves of copper, zinc,
gold and about 26 [...]
CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
Australian Mining Companies Plans Into Oppurtunities in Coal Mine Exploration and Hard Rock Mining in Vietname
Australian companies joining the first Austrade Mining Mission to Vietnam will visited Vinacomin’s coal mines in Quang Ninh province yesterday, beginning a three-day program to gain an insight into opportunities in the coal and hard rock mining sectors.
Mining Market, Trade and Production : Commodity Prices Stabilising, Steel Prices Rise, Copper Mine Prices Increase
The prices of most commodities appear to have stabilised, says Anglo American CEO Cynthia Carroll. Read on page 5 of this edition of Mining Weekly of the copper price increasing by more than 50% off its December low, platinum going above $1 200/oz from its sub-$800/oz October lows, nickel going to $12 000/t and zinc [...]
Mining Trade and Market Trend Analyst, Gold Prices Future Continue To Recover
Futures were climbing $4.70 to $892.80 an ounce at the Comex division of the New York Mercantile Exchange. Silver prices were up 12 cents to $12.32 an ounce, and copper was unchanged at $1.99 a pound.
Mozambique Plans To Become Major Coal Mining Companies
Brazilian mining company Vale has launched a US$1.3bn coal mining project in Mozambique.
The new plant is expected to produce 11 million tonnes of coal a year, to be exported to Brazil, Europe, Asia and the Middle East.
FIRB Decided To Extend Review China Mining Company, China Minmetalss To Acquire OZ Minerals
The Australian Foreign Investment Review Board (FIRB) has decided to extend its review of China Minmetals’ $1.8-billion offer to acquire OZ Minerals, the world’s second-biggest zinc miner, by 90 days, ie, till 22 June.
Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
