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Black Fire Minerals acquires Karibib Lithium Pegmatite Project in, Namibian


Diversified resources company Black Fire Minerals has snapped up the Karibib Lithium Pegmatite Project from Australian private company Sunrise Minerals in a deal worth about $455,000.
The acquisition will be facilitated via Black Fire purchasing Sunrise’s private Namibian subsidiary Starting Right Investments Ninety Four, which is the holder of the Karibib Project Exclusive Prospecting Licences EPL3750 [...]

Bright International Group To Buy Gold Mines Of China $ 956.1 Million


Bright International Group Ltd will buy the eight gold mines in China. Eight gold mine that will be purchased 7:41 valued billion Hong Kong dollars (U.S. $ 956.1 million). Bright International said on Sunday plans to buy six mines in Hebei province of the Gold Mark Enterprises Ltd. in a deal valued at HK $ [...]

Mining Exploration and Mine Expansion Investment in Mexico Drop 25.3 percent in 2009


Investment in new exploration projects and mine expansions in Mexico will drop 25.3 percent in 2009 to $2.73 billion, compared with a year ago, as the financial crisis hits credit and metals prices, the national mining chamber said on Thursday.

African Rainbow Minerals, Allocate R8 Billion Mining Investment In Zimbabwe


African Rainbow Minerals, a mining company based in the South African, mining investment plan worth R8 billion in Zimbabwe. Mining investment in Zimbabwe is a significant investment option because of the growth of the mining sector in Zimbabwe has a bai prospects. Mining investments done because ARM requires exploration of mines platinum, manganese, iron ore, [...]

Sector Investment Manager To Provide Funds For Development Of Gold Mining And Uranium


Small-scale mining companies are mining companies that have the potential to be developed well, and have a future with the most potential for growth. But the constraints faced by small-scale mining companies are funding to develop the mining exploration operations. To help small-scale mining companies, launched the Sector Investment Manager investment financing program for small-scale [...]

Reports Growth Mining Industry Sector In Philippines


Mining industry sector is a sector that can help a country to increase state revenues and overcome the global economic crisis today. Setkor mining industry that can improve the current state of opinion adala mining gold and silver. Philippines have certain expectations on the two gold mines to be operated this year. Two gold mines [...]

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

Sector Investment Managers Launches Junior Mining Fund


Sector Investment Managers is launching the Junior Mining fund to provide investors with diversified exposure to undervalued mining stocks.
The fund will enable investors to capitalise on the demand for gold and other metals through investment in junior mining companies – the heavyweights of the future.

Billionaire George Soros Buys Stake In Australian Mining Company


The resources boom might be over, but one of the world’s richest and most influential investors is still prepared to bet that there are good times ahead for Australia’s mining sector.
George Soros, whose fortune is valued at around $US11 billion, has purchased a 20% stake in local copper miner Marengo Mining for just over $8 [...]