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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 [...]
Rio Tinto Make Plans To Develop Iron Mine in West African
For expand and develop mining project Rio Tinto, the biggest mining company, looking partner from Chinese. Rio is make plans looking partner mining company specialy mining company for steel and construction companies to help develop a $6bn (£3.08bn) West African iron ore mine.
Sam Walsh, head of Rio’s iron ore division, said in an interview with [...]
Time For Find Solution Trouble In Mining Industry
Lihir Gold has reported a 28 per cent slump in first quarter output, blaming the result on a planned maintenance shutdown in Papua New Guinea.
It caps a difficult two months for Australia’s major gold producers, which have lost nearly a third of their market value.
And the recent round of resource company production reports are pointing [...]
Toro Energy and Nova Energy merger significant for Austrialian Uranium Exploration
Toro Energy and Nova Energy is set to create a significant Australian uranium exploration company valued at A$400 million ($342 million).
Subject to approval by Toro shareholders, the new enlarged Toro, would have two mine projects – Lake Way-Centipede in Western Australia and Napperby in the Northern Territory. It would also have a spread of [...]
