Search Results
Australian Iron Ore Producer, Atlas Iron Would Sell 70 Percent Stake In Iron Ore Mines Ridley
Steel maker China, India, Korea and Japan are interested in buying stakes iron ore mine owned by Australian iron ore producer, Atlas Iron Ltd. Purchasing stakes iron ore mines in order to anticipate competitive iron ore demand from steel manufacturers of the world.
Gold Prices Increase on Falling Supply and Rising Demand
February gold futures broke $1200 for the first time a little after 4AM New York time. February 2010 is now the major front month contract after the expiration of the December contract on November 30th.
Gold futures were up 14% in November, the best monthly performance in ten years. Silver was also up 14%. Gold traded [...]
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 [...]
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 [...]
China Became the World’s Largest Supplier of Gold, Surpassing South Africa
The China Mining Report provides industry professionals and strategists, corporate analysts, mining associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on China’s mining industry
Australian Copper Mining Company, Kagara Receives Approaches For Sale of Gold Asset
Kagara Ltd., an Australian zinc and copper producer, has received approaches for its gold assets that are being readied for a A$150 million ($108 million) initial share sale in July to help reduce debt.
Yamana Gold Inc. Plans Double Gold Production and Increase Earning Profit
Yamana Gold Inc., the owner of the Chapada mine in Brazil, gained the most in more than a month after fourth-quarter profit topped analysts’ expectations.
Rusoro Mining Announce Report Gold Mine Production for Q4 2008
Rusoro Mining Ltd. (”Rusoro” or the “Company”) is pleased to report that it has reached record quarterly gold production (38,868 ounces) in Q4 2008 and record low cash costs (US$358 per ounce) for the same period at the Choco 10 operations
Copper Mine Prices Slump, Freeport-McMoRan Copper & Gold Inc. Into Worst This Year
Freeport-McMoRan Copper & Gold Inc., the best-performing stock among North American mining companies in 2007, turned into the worst this year. Analysts say the company may not fare much better in 2009 as copper prices slump.
