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Vedanta Group, Mining Companies Golden Steps in Mining and Metal Industry
India’s Vedanta group is scripting a success story in mining sector with its brave decisions to acquire new companies even though the global meltdown has wreaked havoc in metal sector.
Mindoro Resources Ltd.: Further Positive Drill Results From Agata Nickel Laterite
Mindoro Resources Ltd. is pleased to report results from a further eleven drill holes on two drill cross sections on the Agata nickel laterite project. The limonite horizon on the two sections, 100 meters apart, averages 1.15 percent nickel and 44.77 percent iron over an average thickness of 6.63 meters. These grades exceed current requirements [...]
Mindoro Resources Ltd.: Update From Agata Nickel Laterite Project
Mindoro Resources Ltd. is pleased to provide an update from the Agata nickel laterite project, where five coring drill rigs are in operation. Both limonite and saprolite horizons of the laterite are substantially thicker than anticipated, not only increasing tonnage potential, but also expanding market potential for the higher-value nickel material in the saprolite [...]
Gold Rush Plunges Undersea as Miners Scour Pacific (Correct)
(Corrects company in 10th paragraph whose shares declined.)
David Heydon says the rock he dredged from a mile beneath the sea off Papua New Guinea looked like nothing more than a dull-brown fire hydrant. Inside were veins of copper and gold worth $300.
Two companies exploring the South Pacific seas with new remote-controlled robots are betting rocks [...]
