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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 [...]

Gold-Mine Exploration Permit, Canada Gold Mining Companies Evaluated


The Ninth Circuit Court of Appeals will hear oral arguments Wednesday on whether the Canadian corporation Barrick Gold will be allowed to construct and operate an open pit gold mine on Mt. Tenabo in Nevada. The mine is planned on lands that are culturally and spiritually significant to the Western Shoshone native people.

Gold Prices Increase To in London as China Increase Gold Mine Reserves and Prodution


Gold rose to a three-week high in London, heading for its first weekly gain since March, after a report that China’s reserves of the precious metal increased 76 percent since 2003.

Gold and Metal Prices in London Trade and Market, Gold Prices Drops as Haven Demand Declines


Gold dropped to a 10-week low in London on speculation the world financial crisis may be easing, reducing the precious metal’s appeal as a haven. Silver fell.

Gold Mining Companies on Haven Demand, Gold Prices Best Quarter in a Year


Gold headed for its best quarter in a year on increased demand for the metal as a store of value and a hedge against accelerating prices, with central banks ramping up spending to fight the global recession.

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.

Tri-Valley To Advance Alaska Gold Mine Exploration and Industria Mineral Properties


Tri-Valley Corporation announced that its minerals subsidiary, Select Resources Corporation, has entered into an official stage of information exchange with industry parties to advance its Alaska gold and industrial mineral properties.

Mining Exploration and Commodity Trends in 2009


The year 2008 is coming to an end on a positive note for commodities sector as it continues to outperform equities and other financial investment options. In India, commodities sector led by oil, mining and metals have been found to be the greatest wealth generators beating IT sector and real estate in the game.

Mozambique Reports Mining Exploration and Mining Industry Sector Q3 2008


The mining industry of Mozambique is forecast to log an average growth of 9.2% during 2008-2012 and be valued at US$0.38bn in 2012.
The outlook for Mozambique’s mining sector remains bright, with the national director of Mining Resources, Fatima Momade, stating that the mining and oil sectors should be the primary drivers behind GDP growth hitting [...]