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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 Sunrise’s private Namibian subsidiary Starting Right Investments Ninety Four, which is the holder of the Karibib Project Exclusive Prospecting Licences EPL3750 [...]
Iron Ore Mining Company Vale SA To Develop Lithium Mines
Lithium is the stuff of mine who has a bright future to be developed, because lithium is the basic ingredient used to manufacture the battery several modern portable electronic devices such as I-Pods, cell phones, laptop computers and found the electric-powered cars.
Caza Gold Corp. To Purchase Gold Mining Exploration Property in Chihuahua, Mexico From Exmin Resources
Caza Gold Corp. announces that it has entered into a formal agreement to purchase two gold exploration property packages located in Chihuahua, Mexico from Exmin Resources Inc.
The Company is purchasing Exmin’s 100% interests in 49 mineral properties totalling 47,433 hectares, known as the Moris Exploration properties, in the Moris gold district of western Chihuahua where [...]
Brazilian’s Iron Ore Producer, Vale to Suffer If Brazil Boosts Royalties
Vale SA, the world’s biggest iron- ore producer, would suffer if Brazil boosts mining royalties, which could put it at a disadvantage to Australian producers, Credit Suisse analysts said today.
Mining Minister Edison Lobao told lawmakers yesterday Brazil is seeking to increase mining royalties in a proposed government bill.
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
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 [...]
Semirara Mining Corp. Reported Mining Operation Net Profits Increase 26 Percent
Profits of Consunji-led Semirara Mining Corp. went up by over a quarter last year, back-stopped by improved equipment which helped accommodate growing demand for coal from the local and foreign markets.
Indian Underground Coal Mining Industry Seeking Modern Mining Technology
It is reported that the Jhanjra project, owned by Eastern Coalfields Limited, a subsidiary of Coal India Limited concluded its first annual production period in January 2009, achieving a record raw coal output of 631,770 tonne.
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.
