Search Results
Canada Stocks Rise for Seventh Day on Gold Companies Profits
Canadian stocks rose for a seventh day, the longest rally in 11 months, as three of the country’s four largest gold producers by market value beat earnings estimates.
Barrick Gold Corp., the world’s biggest producer of the metal, gained 3.3 percent after announcing it will spin off its African operations. Kinross Gold Corp., the country’s third- [...]
British Mining Company Rio Tinto Reported Iron Ore Production In The Third Quarter Increased 12 Percent
UK’s biggest mining company Rio Tinto reported iron ore production until the third quarter increased 12 percent from last year. Increased production of iron ore produced from the combination of two mining company Rio Tinto. Two mining companies combined yaiut Plc and Rio Tinto Ltd. Rio Tinto.
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 [...]
New Gold Inc. To Expand Gold Mine Exploration and Production
As the precious metal continues to shine despite the current economic crisis, gold producers such as New Gold Inc are seeking to expand their global operations.
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.
Two Biggest Mining Companies After Merge, An Ambition Becomes The Biggest Mine Company In World
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles – and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of [...]
Silver Verde May Mining Company Acquire Golden Eagle Mining
Silver Verde May Mining Company (”Verde May”) is pleased to announce that it has signed a letter of intent to acquire all of the issued and outstanding shares of Golden Eagle Mining Co., Inc. (”Golden Eagle”). Upon completion of due diligence and further director approvals, Verde May will issue 14,287,680 of its common shares to [...]
Mining Exploration Companie Signed Agreement Make Plans in Near Quebec-Labrador
Labrador’s Innu Nation has signed an agreement with the company planning to resume mining on long-dormant iron deposits near the Quebec-Labrador boundary.
Labrador Iron Mines plans to extract about three million tonnes each year, as early as 2009, from a site near Schefferville, Que.
The Iron Ore Company of Canada, which operates a large mine in Labrador [...]
Canada’s Potash Industry Drawing Both Top Mining Companies
Long dominated by a small group of local players, Canada’s potash industry has become red hot, as soaring prices have begun drawing both top mining companies and small exploration firms to the vast resources buried deep under the western prairies.
Used as a key ingredient in fertilizer, demand for potash has soared along with grain prices, [...]
