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Toyota’s Cooperation With Australian Mining Company To Develop Lithium Mine In Argentina
Automobile manufacturers and development of Japan, Toyota will work with Australian mining company, planned development Orocubre Limited largest lithium mine in Argentina. Lithium mining development investment made by Toyota to anticipate the development and production of hybrid and electric cars made by Toyota automobile company. Investments issued by Toyota to develop lithium mine for $120 [...]
Galaxy Resources Opens Lithium Mine Project at Ravensthorpe in Western Australia
Australia mining companies will make lithium mining exploration in Ravensthorpe, Western Australia. Ravensthorpe mine in the area once used by the mining company BHP Billiton nickel mine exploration, but exploration of nickel mines closed, so that people in the Ravensthorpe area lost their jobs.
Argentina Hopes To Be Largest Lithium Producer In The World
Lithium mining resources in Argentina gives hope to the Argentina government to become the largest lithium producer in the world. Increased production of lithium in Argentina was marked by the opening of lithium mine in northwestern Jujuy province in late 2010.
British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
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.
Greymouth Petroleum wins Chilean exploration rights
New Zealand’s Greymouth Petroleum Holdings Ltd has charged into South American oil exploration with a hiss and a roar, taking the most exploration blocks in Chile’s Magallanes petroleum permit round.
Greymouth acquired permits for four of the five blocks on which it bid in Magallanes Basin and committed sto pend $US107 million ($NZ143 million) in three [...]
Bolivia says to look for Amazon oil with Venezuela
The state oil firms of Venezuela and Bolivia hope to start exploration in an Amazon national park next year as part of joint projects involving an investment of more than $1 billion, Bolivia’s government said on Wednesday.
Venezuelan President Hugo Chavez is a close ideological ally of Bolivia’s leftist leader, Evo Morales, and state-run PDVSA promised [...]
Methanex Corporation Sign Agreement with GeoPark and Wintershall to Participate in the Upcoming Gas Bidding Round in Southern Chile
Methanex Corporation announced today that it has signed a cooperation agreement with Wintershall and GeoPark Holdings Limited for the joint evaluation and bidding for upstream gas development concessions in the upcoming Bidding Round developed by the Chilean Government. The Bidding Round, which has attracted international attention from various oil and gas firms, includes ten [...]
Barrick Has First Quarterly Loss Since 2001 on Hedges (Update1)
Barrick Gold Corp., the world’s largest gold producer, reported its first quarterly loss in more than five years as the company incurred $557 million in costs to exit sales contracts at below-market prices.
The first-quarter net loss was $159 million, or 18 cents a share, compared with net income of $224 million, or 29 cents, a [...]
