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Gold Producer Riozim Plans Increase Gold Production From 60 Kg To 80 Kg Per Month
Zimbabwean mining company RioZim plans to ramp up gold production to 80 kg a month from the current 60 kg at its Renco mine by the end of the year, the company’s managing director said on Tuesday.
RioZim, previously owned by Rio Tinto , operates Renco gold mine in southern Zimbabwe and is a 22 percent [...]
Gold Mining Company, Newmont Anounced First Gold Production In Boddington Gold Mine
Newmont Mining Corporation announced today the first gold pour at its Boddington mine in Western Australia. In addition, the Company has trucked its first shipment of copper concentrate from the mine to the port in Bunbury. The event marked the commencement of gold production at Boddington after the first production of copper concentrate in August.
Tata Steel Plans Cooperation With Mining Companies In Vietnam And South Africa
Tata Steel is one of the largest steel manufacturer in the world. Tata Steel plans cooperation with mining companies in Vietnam and South Africa to develop iron ore mining exploration and coal. Cooperation aims to obtain supplies of iron ore and coal mines as a source of raw material that supports the production of steel [...]
Tata Steel Plan Investment In The Mining Sector In South Africa And Vietname
One of the largest steel manufacturer, Tata Steek plan investments in the mining sector in South Africa and Vietname. This plan to support the development of production of steel from Tata Steel.
Annual report submitted by Tata Steel, “We have a choice in the South African iron ore mine to enter into a partnership with the [...]
Anglo American Reject Merger Proposal Bidding Mining Group Xtrata
Anglo American reject a proposal offered by Xtrata Mining Group. Reasons for rejection merger proposal bid Xtrata Mining Group, Anglo fears of premium assets and their impact on the difficulty to increase market exposure to zinc.
Low spot iron ore and coking coal prices should benefit NMDC and JSW Steel
Historically, the commodity cycle follows the economic cycle and this time is no different. The liquidity crisis and its cascading effect on real economies across the world have pulled down prices of commodities, including iron ore and coking coal.
China Mining Exploration and Industry Sector, Plans Demand and Setting Commodity Prices
Chinese officials and entrepreneurs said Sunday that China should have bigger say in setting commodity prices, as oil and iron ore prices saw roller-coaster-like fluctuations in the past two years.
China Steel Group Reduce 40% Iron Ore Prices
China’s steel group insisted this week with a cut of at least 40% in annual term iron ore prices after a news report said Rio Tinto Ltd is offering a smaller discount before new annual contract negotiation ends, according to reports in the Chinese press.
Tombstone Exploration Corp. Identified Three Mine Explorations Strategic Prioroties
Tombstone Exploration Corporation announced that its staff has identified three exploration strategic priorities for advancing near-term value and long term economic potential on its Tombstone, Arizona properties.
