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CIC To Buy Equity Stake Teck Resources, China To Increase Investment In The Mining Sector
Teck Resources is a mineral exploration mining activities have a very knowledgeable. Teck mining company that produces zinc, copper, coal and metallurgy. To maintain the existence of the company and support the mine operations company, Teck will sell some equity stake to the state-owned China Investment Corp. (CIC). Equity stake sale is expected to pay [...]
Mining Market, Trade and Production : Commodity Prices Stabilising, Steel Prices Rise, Copper Mine Prices Increase
The prices of most commodities appear to have stabilised, says Anglo American CEO Cynthia Carroll. Read on page 5 of this edition of Mining Weekly of the copper price increasing by more than 50% off its December low, platinum going above $1 200/oz from its sub-$800/oz October lows, nickel going to $12 000/t and zinc [...]
Mongolian Finalised Mining Investment Agreement for Copper-Gold Mine Project This Month
An investment agreement for the long-delayed Oyu Tolgoi copper-gold mine project in Mongolia will likely be finalised this month when the matter is discussed in that nation’s parliament.
Chile’s Copper Mining Company, Codelco May Synergies Between Los Bronces and Andina Copper Mines
State copper giant Codelco and global miner Anglo American Plc are seeking synergies between the Los Bronces and Andina copper mines, rich back-to-back deposits along the Andes mountain range in central Chile, the nation’s mine minister said on Friday.
Australian Mining Sector Forecast Iron Ore and Copper Mine Production Increase To June 2010
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
Australian Mining Companies Forecast Strong Increase Iron Ore-Copper Mine Production
Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.
South Africa Government Delay Implementation New Mineral and Mining Royalties
In an effort to mitigate job losses in the mining industry, South Africa’s Finance Minister Trevor Manuel on Wednesday proposed that government delay the implementation of new mineral and mining royalties until March 2010.
The Big Mining Company, Rio sees ops robust to weather crisis
Global miner and takeover target Rio Tinto sees most of its projects in a strong position to weather any economic scenario, with its new ilmenite project on track to produce in 2008, it said on Sunday.
Chief Executive Tom Albanese said the $1 billion ilmenite project in Madagascar was a good example of a project [...]
Mining Exploration Companies Competition Review, Rio Tinto and BHP Billiton Mine Exploration Result Sale
European Union antitrust regulators widened a probe of the BHP plan earlier this month saying they have “serious doubts” about a combination that would control more than a third of the world’s iron ore, the main ingredient in steel. Metals prices dropped 15 percent since March on concern that growth in China, India, the U.S. [...]
