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Metso to Supply Mining Equipment for Newcrest Gold Mines in Australia


Metso is a company that provides technology services and mining equipment, construction of the mine construction. Metso will supply equipment and technology to mine gold mining Newcrest Cadia Valley in New South Wales, Australia.

Steelmaker (Arcelormittal) And Mining Company (BHP Billiton) Discuss Joint Management Of Iron Ore Mines


Iron ore mining company BHP Billiton is the world’s largest company and the world’s largest steel maker ArcelorMittal in talks on iron ore mining in Liberia and Guinea.
Steel demand in 2010 is expected to rise sharply, so that the steel manufacturers have competed to supply iron ore to meet the target of steel production during [...]

Lihir Gold Limited Appoints North American Investor Relations Representative


Global gold producer Lihir Gold Limited has moved to provide greater focus on its North American investor communications through the appointment of an Investor Relations Officer based in Denver, Colorado.
The appointment reflects the requirement for the company to have closer relationships with the investor community in the major markets in the region.

Brazilian Mining Company, Vale Begins To Develop Coal Mine Project in Tete, Mozambique


Brazilian major diversified miner Companhia Vale do Rio Doce (Vale) has started development of its $1,3-billion Moatize coal project in Tete province, Mozambique. Production is scheduled to start in December 2010.

Copper Prices Decrease, Undersea Mining Slow Due Mine Exploration Project


There has been much talk over the years about the scarcity of certain metals, of the gradual exhaustion of reserves at grades that are economical to extract and the dangers this poses for the well being of the global economy.

Several Mining Companies Hold Plans New Mines Onstream


The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.

Global Mining Companies Plans Expansions Iron Ore Mine Output


Global iron ore prices are set to decline sharply in 2009 as demand for the steelmaking ingredient shrinks dramatically as a result of deepening world economic recession.

Rio Tinto Consider To Invest $6 billion Iron-Ore Mine Project in Guinea


Rio Tinto Group, which is considering the construction of a $6 billion iron-ore project in Guinea, said it will seek talks with the country’s military junta over plans to revise mining contracts.

Guinea and Chinese Discuss Mining Exploration and Infrastructure Investment


Guinea and China are discussing a deal which could see billions of dollars of Chinese investment in return for mining rights in the West African country, which has a third of the world’s bauxite, a Guinean minister said.
A delegation including officials from the Chinese Development Bank recently spent a week in Guinea and is due [...]