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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.
FOX Resources Plans To Increase Iron Ore and Nickel Asset in Western Australia
It is reported that Junior explorer Fox Resources Ltd has launched a AUD 5 million all scrip takeover of Hannans Reward Ltd to increase its spread of iron ore and nickel assets in Western Australia.
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.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
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.
Rio Tinto Consider To Invest Iron Ore Project in Guinea (Correct)
Corrects extent of spending that’s being deferred, duration of deferment in second paragraph; removes erroneous reference to suspension of all investment in third.
Rio Tinto Group, the world’s third- largest mining company, will postpone investments in Guinea, where it is considering the $6 billion Simandou iron ore project, as it undertakes a global reduction in spending [...]
Iron Ore Producer Begins Explore Iron Ore Mine Deposit In Pilbara
The two deposits, Chloe and Willy, are within Atlas’s Olivia target area and contain sought-after direct-shipping ore, which requires no processing. Atlas said the deposits were at or near surface. They required further drilling to define their extent.
The company emphasised very low phosphorus levels within the targets, which bodes well for future blending opportunities to [...]
Tata Steel Sign Contract With New Millennium For Iron Ore Mine Shipment
Millions of tonnes of iron ore could soon be on its way to the Scunthorpe Corus steelworks from Canada.
The company’s owner Tata Steel has bought itself a stake in the Millennium Iron Range and a potential supplier of more than nine billion tonnes of ore.
The deal is worth 22.6-million Canadian Dollars.
The range, located along Canada’s [...]
London Mining Interest Purchase Colombian Coal-Mine Exploration and Production
London Mining announces today the purchase of 20% of International Coal Company Ltd. (ICC) for an aggregate consideration of $5m, with first rights of refusal to invest further capital. ICC is a Cayman Islands incorporated company with operations in Colombia, South America. ICC’s strategy is to become a fully integrated developer of coal properties for [...]
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
