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Brazilian Mining Company Vale Sees Iron Ore Prices Higher In 2010
Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday, without offering estimates of how much prices could rise.
“I think it’s going to be a positive year, and iron prices are showing a tendency towards increase, but I do not [...]
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 Sunriseās private Namibian subsidiary Starting Right Investments Ninety Four, which is the holder of the Karibib Project Exclusive Prospecting Licences EPL3750 [...]
Reed Resources And Mineral Resources Signed Contract To Develop Mount Marion Lithium Project
Two Australian companies signed a cooperation contract to develop lithium Mount Marion project in Western Australia. Mineral Resources will begin operations in late June 2010. Mineral Resources will build a lithium-processing facilities in Mount Marion, and will be responsible for funding the operational costs. Contract development of lithium Mount Marion project will provide net profit [...]
BacTech Advancing Godbout Uranium Project
BacTech Mining Corporation (”BacTech” or the “Company”) (TSX VENTURE: BM) is pleased to announce recent developments on the Godbout uranium project located near Baie Comeau, Quebec. Field programs are developing a number of new targets on the Godbout “A” property. In particular, an interesting radioactive zone has been discovered in the central part of the [...]
