Search Results
Australian Gold Mine Producer, Medus Mining Increase Funds To Gold Mine Exploration Project
Australia’s Medusa Mining, Ltd. has allotted more funds this year to explore adjacent areas in its gold mine in northeastern Mindanao, following the discovery of a new gold prospect.
In a disclosure to the Australian bourse, the miner said yesterday that around A$17 million would be spent for exploration projects in the fiscal year 2009-2010 that [...]
Atna Increases Gold Resources at Briggs Mine
Atna Resources Ltd. reported an increase in gold resources at its Briggs Mine, Inyo County, California, based on a recently completed mineral resource estimate. The updated estimate incorporating recent drilling has resulted in an increase in Measured and Indicated gold resources by 11% to approximately 678,815 contained ounces of gold (0.006 oz/ton gold cut-off). Additionally, [...]
Estimate Price Of Iron Ore Sales Contract Change
The biggest exploration company and iron ore producer of world does many changes at the price of iron sale. Iron ore producer company gets pressure from some steelmaker companies. Steelmaker company expects iron ore retreat.
South African Gold Mining Companies Expected to Report Improved Earnings on Strong Gold Price
South African gold majors would likely see improved earnings for the quarter ended March 31, 2009, as a result of the high gold price, irrespective of an increase or decline in production, analysts canvassed by Mining Weekly Online agreed on Monday.
National Coal Corp. Reported Finance and Coal Mine Exploration and Production 4Q Year End 2008 Result
National Coal Corp., a Central and Southern Appalachian coal producer, reports that for the year ended December 31, 2008, it achieved total revenues of $132.6 million based primarily on the sale of 2.0 million tons of coal.
Iron Ore Price and Demand Future, Vale Beats BHP, Rio as Top Pick on China Ore Demand
Cia. Vale do Rio Doce fell 27 percent this year in Sao Paulo, heading for the first annual decline since 2000. Now analysts say the world’s largest iron-ore producer is poised for its best performance in a decade.
Vale may double in the next year, more than twice the expected gains for the world’s biggest mining [...]
Rio Tinto reports profit increases with existence of request of iron ore and metals.
Improvement of profit by Rio because of existence of increase of the price of commodity especially the price of iron ore.
Advantage of Rio is noted during finite six-month of June 30 1125 percent, to $691 billion from $325 billion.
African Copper Mining Exploration and Development Company Delay Open Pit Mine in Botswana
Exploration and development company African Copper on Friday said that the commissioning of its processing facility at the Mowana open pit mine in Botswana was delayed and would likely only ramp up to commercial production in the fourth quarter of 2008.
The plant was initially expected to begin production in the second quarter.
“This overrun was caused [...]
London Mining Expand Coal Mine Industry Sign Diversified Exploration and Mining Company
UK-based London Mining on Friday announced that it had expanded into the coal industry by signing an agreement with diversified exploration and mining company, Delta Mining Consolidated (DMC), to acquire up to 50,5% of DMCs subsidiary, DMC Energy, for up to $120-million.
“This acquisition will form the basis of London Mining’s new coal division, which we [...]
