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Tata Steel Celebrates 100 Yrs Of Iron Ore Discovery
Tata Steel this week celebrated 100 years of discovery of iron ore at Joda in Keonjhar district of Orissa.
According to a press note issued by Tata Steel, iron ore at Joda was first discovered by SN Sarma, a geologist with Tata Steel in 1909. From discovery to a sustained holistic development, the saga of Joda [...]
India Iron Ore Miner Acquire Iron Ore Mining Asset of Dempo Group
India-based iron ore miner Sesa Goa has acquired the mining assets of Dempo Group in the western state of Goa for 17.5 billion rupees ($368 million) to boost its output of iron ore.
Rio Tinto Joint Ventures Iron Ore Business With BHP
Steelmaker company and world iron ore mine surpriseds with decision made by by the biggest iron ore mine company of Rio Tinto. This iron ore mine company decides agreement with mine company China, Chinalco. Instead Rio Tinto signs up with BHP Billiton.
Brazilian Biggest Mining Company, Vale Launches Construction of Coal Mine Exploration Project in Mozambique
Brazilian mining giant Vale on Friday launched the construction of a $1.3 billion coal project in northern Mozambique, with the capacity to produce 11 million tonnes of coal per year.
US Copper Mining Company, Asarco LLC Slowdown Copper Mine Exploration in Texas
US copper miner Asarco LLC shut its rod and cake plants in Amarillo, Texas and is planning periodic slowdowns at the copper refinery beginning next week as a response to depressed market conditions, the company said.
Sajjan Jindal Talk With Australian Mining Firm To Joint Venture Exploration and Mining of Coking Coal in Queensland
Sajjan Jindal-led JSW Steel has initiated talks with an Australian mining firm to form a joint venture for exploration and mining of coking coal in Queensland, Australia, said a person who is mediating in the proposed venture.
India’s Iron Ore Mine Exports Increase To 13.9 million tones in January 2009
Rupee depreciation seems to have offset the impact of 5% export duty on Indian iron ore, thus acting as a boon for Chinese steel companies which are trying to slowly roll back production cuts announced in October 2008.
Vedanta Resources To Buy US Copper Mine Company fro $1.7 billion
Metals and mining major Vedanta Resources will buy bankrupt US copper miner Asarco for $1.1 billion in cash and a note worth $600 million, the latter to be paid over a period of nine years.
Effect of Coal Mine Exploration of The Environment : Toxic Coal Ash Piling Up In Ponds in 32 States
Millions of tons of toxic coal ash is piling up in power plant ponds in 32 states, a practice the federal government has long recognized as a risk to human health and the environment but has left unregulated.
