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Rio Tinto Trial Automated Iron Ore Mining Exploration
Miner Rio Tinto will launch a trial automated iron ore mine in November, part of a plan to cut costs and allow huge expansion despite a severe labour shortage in Australia, a top official said Friday.
The plan is to automate fully the test mine using high-tech robotic trucks
fitted with computers, lasers and advanced GPS systems, [...]
Pakistan Mining Industry Prepare 15m Tonnes Steel Production by 2020
Pakistan government is preparing a new policy to achieve an annual production target of 15 million tonnes of steel by 2020.
The Engineering and Development Board (EDB) of the ministry of industries and production has evolved the long term ‘National Steel Policy’ with a view to cover the widening demand and supply gap by achieving a [...]
Rio Tinto Cintinue to Increase Iron Mine Exploration and Production From Pilbara mines
Rio Tinto says its expansion program has paid off with quarterly production records set in iron ore and alumina in the three months to June.
The mining giant said production of iron ore, which is the largest contributor to Rio’s earnings, increased 13 per cent to 41.9 million tonnes from a year earlier as the company [...]
Coal use grows despite warming worries
Almost nonstop, gargantuan 145-ton trucks rumble through China’s biggest open-pit coal mine, sending up clouds of soot as they dump their loads into mechanized sorters.
The black treasure has transformed this once-isolated crossroads nestled in the sand-sculpted ravines of Inner Mongolia into a bleak boomtown of nearly 300,000 people. Day and night, long and dusty trains [...]
NovaGold Second Quarter Financial Results and Project Update
NovaGold Resources Inc.today announced its financial and operating results for the three months ended May 31, 2007, along with an update on the Company’s project development activities. Details of the Company’s financial results are described in the unaudited consolidated financial statements and Management’s Discussion and Analysis which, together with further details on each of the [...]
Rio Narcea Recommends Acceptance of Amended Offer From Lundin Mining Corporation
Rio Narcea Gold Mines, Ltd. (”Rio Narcea” or “the Company”) today announced that the Board of Directors of Rio Narcea has considered the Notice of Variation and Extension dated June 29, 2007 (the “Amended Offer”), by Lundin Mining Corporation (”Lundin”) in connection with the offer dated April 20, 2007, as amended. Under the Amended Offer, [...]
Lundin Mining Reports on Status of Negotiations With Unions at the Galmoy Mine, Ireland
Lundin Mining Corporation (”Lundin Mining” or the “Company”) reports that, further to its February 7, 2007 news release, its wholly owned subsidiary, Galmoy Mines Ltd., and the SIPTU have agreed to take the pay issue to the Labour Court. The SIPTU represents approximately 100 Galmoy employees, principally the miners and mill operators.
Galmoy and the SIPTU [...]
The marks of exploitation of Lundin promote the investment in Sunridge Gold Corp.
Lundin Mining Corporation (”Lundin Mining” or the “Company”) (TSX: LUN)(AMEX: LMC)(SSE: LUMI) is pleased to announce that, subject to regulatory approval, it will be making a further investment in Sunridge Gold Corp. (”Sunridge”) (TSX VENTURE: SGC) by subscribing for 3,000,000 units by way of a non-brokered private placement at a price of Cdn $2.25 per [...]
Delta Petroleum Corporation Provides Update on Operating Activities and Announces New Senior Vice President of Operations
Delta Petroleum Corporation , (Nachrichten) an independent energy exploration and development company (”Delta” or “the Company”), today provided the following update regarding its production, drilling and other operating activities.
PICEANCE BASIN ACREAGE AGREEMENT
North Vega, Piceance Basin, CO — Delta has entered into an agreement with EnCana Oil&Gas (USA) Inc. (”EnCana”) that offers Delta the opportunity to [...]
