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Mesa Uranium Obtain Exploration Lithium Mining Project in Utah
Mesa Uranium reported having received exploration rights lithium mining project Seluar 10 square miles in Utah. Lithium mining project will be managed by Mesa for the anticipated growth in demand and supply of lithium carbonate, industrial lithium-ion batteries, electric hybrid and electric cars will increase in 2012.
Reed Resources And Mineral Resources Signed Contract To Develop Mount Marion Lithium Project
Two Australian companies signed a cooperation contract to develop lithium Mount Marion project in Western Australia. Mineral Resources will begin operations in late June 2010. Mineral Resources will build a lithium-processing facilities in Mount Marion, and will be responsible for funding the operational costs. Contract development of lithium Mount Marion project will provide net profit [...]
Chinese Investors Group Supports Mining Exploration Projects in Extension Hill
Midwest magnetite project developer Extension Hill Pty Ltd has signed a Letter of Intent with a Chinese investor group comprising Chongqing International Ltd for Economic and Technical Cooperation (CIET) and Chongqing Iron and Steel Group (CQIS).
Rio Tinto 15 pct Falls Iron Ore Mine Production, Expect Iron Ore Mine Demand From Chinese Steel Industry
The rising toll of the global slump and downturn in commodities, is hitting Rio Tinto. And, as is usual in the north of Australia during the wet, the weather played its part again. The world’s third biggest miner revealed yesterday in its March quarter production report that first-quarter iron ore output fell 15% after floods [...]
Pike River Coal Company Reported Coking Coal and Coal Mine Production To March 31, 2009
Pike River Coal Limited has made good progress with restoring ventilation to its hard coking coal mine following a rockfall in February 2009. Coal production with one of the continuous miner machines is to recommence at the start of May 2009, once reaming and lining of a 600mm diameter ’slimline’ hole is completed.
Natural Resource Company, Unico, Inc. Plans To Process Gold Mine and Silver From Concentrate at The Deer Trail Mine
Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced that the company intends to add an additional step to the processing of gold (Au) and silver (Ag) at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah.
Teck Cominco Interest Andacollo Gold Mine Production Agree To Pay $300 Million Royalti Transaction
Teck Cominco Limited announced today that Compania Minera Carmen de Andacollo has agreed with Royal Gold Inc. to sell an interest in the gold production from the Andacollo mine for US$300 million.
Renco Group Inject $165 million Into Mining Companies
Once the Renco Group injects $165 million into Doe Run Peru, El Brocal Mining Company, Buenaventura Mining Company, Glencore and, among others, Volcan are to supply Doe Run with copper, zinc and lead concentrates worth an estimated $100 million and $75 million in credit. This will allow Doe Run to quickly resume its operations.
Conquest Mining Reported Test a Number Gold, Silver and Copper Mine Project
As detailed in the Company’s announcement dated 26 March 2009, Conquest Mining Limited has been testing a number of possible processes for on-site gold metal recovery from flotation concentrate at its Silver Hill gold-silver-copper mine project.
