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Review And Analysis : Gold Mining Industry Development and Mining Companies Growth In China


Over the last few weeks we’ve been paying more attention to China as it emerges from the East. There are three reasons why China poses such an interesting potential return of value for traders.
A very interesting read is an interview with Jim Rogers about his thoughts on China.
“While he says that China is the only [...]

India Increased Royalties Iron Ore Mining Company 10 Percent


Indian government will increase the value of royalties from mining companies do mining exploration in India by 10 percent. Increased royalties for mining companies are expected to help increase state revenues. Indian Mines Minister said the proposal is submitted to the cabinet has been approved by the cabinet. Increased mining royalties include: iron ore, diamonds, [...]

Mexico’s Mining Production Fell By 13.2% YoY In May


Mexico’s National Institute of Geography and Statistics said that Mexico’s mining production fell by 13.2% YoY in May compared to the same month last year and was down 1.7% compared to the previous month. Mexican National Institute of Geography and Statistics said that Mexico’s mining production down 13.2% YoY in May compared to same month [...]

Tata Steel Celebrates 100 Yrs Of Iron Ore Discovery


Tata Steel this week celebrated 100 years of discovery of iron ore at Joda in Keonjhar district of Orissa.
According to a press note issued by Tata Steel, iron ore at Joda was first discovered by SN Sarma, a geologist with Tata Steel in 1909. From discovery to a sustained holistic development, the saga of Joda [...]

Steelmaker Japanese and Korean Agreed Iron Ore Prices With Brazilian Mining Companies, Vale


The Japanese and Korean steel company has agreed a contract price of iron ore sales for the year 2009. Iron ore price agreed decreased 28.2% compared to 2008. Iron ore prices agreed by Vale with Japanese and Korean steel companies.
The new price for iron-ore fines is 28,2% lower than that for 2008, while the price [...]

POSCO Makes Record Steel Price Cut On Import Threat


POSCO, the world’s No.4 steelmaker, unexpectedly cut its domestic product prices by up to 20 percent on Thursday, its biggest ever reduction, as a rebound in the Korean won threatened to open the door to cheaper imports.

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.

North Queensland Metals Into an Option Agreement To Buy Dotswood Gold Mine Project


North Queensland Metals Limited has entered into an option agreement to purchase the Dotswood Gold Project, located 60km southwest of Townsville.

Copper Prices Decrease, Undersea Mining Slow Due Mine Exploration Project


There has been much talk over the years about the scarcity of certain metals, of the gradual exhaustion of reserves at grades that are economical to extract and the dangers this poses for the well being of the global economy.