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Chiria Mines Hand-Over to SAIL Urgent For India Steelmaker Sector
Delivery of Chiria mine project from government Jharkhand to SAIL gets serious attention of parliamentary consultative committee
Processing delivery of iron ore mine must be done swiftly caused by request increase to steel. SAIL hopes delivery of exploration development project of this mine will increase capacities produce of SAIL. Planning made by by SAIL, this [...]
Price Expectations CSN’s Namisa Iron Ore Unit
The shake-out of bidders for Brazilian iron ore miner Namisa has left a number of contenders with deep pockets and big appetites, sources familiar with the bidding said, signalling that owner CSN may sell a majority stake.
Some analysts estimate the sale could value Namisa, the smaller of CSN’s iron ore units as high as $10 [...]
India Mining Exploration Company Make Plans Expand Coal Mine Exploration in Mozambique
State-owned Coal India Ltd. is eyeing exploration opportunities in Africa, beginning with coal blocks in Mozambique, a top official of the company said on Monday.
CIL, the country’s largest coal producer, is sending a team to Mozambique in August to expedite the process.
“We have identified three blocks in Mozambique already. We are also planning to go [...]
Condition Of Commerce Of Mining Exploration Sector, Gain Of Massey Merger On US Coal Mine Exploration
Taker over mine company Alpha Natural Resources Inc. by Cleveland-Cliff equal to $10 billion is an the biggest acquisition process in coal industry.
While the worldwide bear market slowed mergers and acquisitions by 35 percent in the first half of the year, takeovers of energy and mining companies jumped 33 percent so far this year as [...]
Ur-Energy Announces New Chief Financial Officer, General Counsel and Corporate Secretary
Ur-Energy Inc. is pleased to announce that Roger L. Smith has joined Ur-Energy as the Company’s new Chief Financial Officer, and Paul G. Goss has joined the Company as General Counsel and Corporate Secretary. Both individuals will be located in the Littleton, Colorado USA office.
John McNeice, CA, CPA served as Ur-Energy’s Chief Financial Officer since [...]
China To Set Up Alumina Mining Joint Venture With India
China’s second-largest aluminum maker has got the green light for a five-billion-yuan ($651 million) joint venture with an Indian company to produce alumina, state media reported March 14. The National Development and Reform Commission, China’s top planning agency, has approved Qingtongxia Aluminum Group’s proposal to set up an alumina mining and processing joint venture in [...]
Canada and India expanding bilateral trade
For the first time, Canadian exports to India have crossed $1-billion while two-way trade approaches $3-billion. Trade includes not just Business Process Outsourcing (BPO), from call centres and tech support to the sophisticated financial services, auto parts, pharmacy, and information technology, but also cutting-edge R&D, especially in engineering. Non-conventional areas are also growing: oil and [...]
ata wants to mine South Africa’s chrome, manganese, coal and iron-ore
A new Indian force is about to enter the South African mining industry.
Indian diversified industrial giant Tata has announced that its sub-sidiary, Tata Steel, is investigatingopportunities to mine chrome, manganese, coal and iron-ore in South Africa.
The announcement was made at the official inauguration of theconstruction of Tata Steel’s R670-million high-carbon ferrochrome plant in the port [...]
