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Russian Mining Companies GV Gold Will Sell Shares to Fund Expansion
Russian mining company will sell shares in some of the largest stock market in the world, like Hong Kong, London, Moscow and Toronto this year to raise funds used to finance the expansion of a source of new mines.
Mongolia Cooperation With Russian Uranium Mining Business Expands
Growth in the mining exploration sector in Mongolia is slow, because the policies and laws that Mongolian government does not support investment in the mining exploration sector. To improve this situation, the government of Mongolia has made changes to investment laws in the mining sector. Changes in laws and licensing mining exploration is expected to [...]
Russia Mining Company, Polymetal Plan To Increase Gold Production To Double In 2012
Polymetal is a Russian mining company that produces gold. Mining company is planning increased production of gold to them twice in the year 2012. To support the increased production targets up to 2012 gold, Polymetal in this year has launched several new projects with funding of approximately $ 300 million.
Iron Ore Producer Increases Product Iron Ore To Fulfill China Demand
Growth of industrial sector in China always experiences a real fast progress, especially steel industrial sector. Improvement of making industrial product activity of steel requires supply of iron ore that is enough banyaka to support produce of steel.
Gold Mining Companies Eye Oppurtunity To Grab Venezuela Gold Reserves Potential
Venezuela is known for its biodiversity, petrochemicals, gold reserves and tourist potential. Even as the country sells world’s cheapest petro products due to heavy subsidies, there is not much heard about the gold treasure hidden in the country.
Russian Mining Technology Will Effort India To Expand Coal Mining Exploration Technology
BS reported that Russia is keen on lending its technical expertise in coal mining equipment to West Bengal, which has huge reserves of coal, but not appropriate machinery.
Rusian Top Metal Producers Negotiation To Merger Massive Company
Severely weakened by the economic crisis, Russia’s top metals producers are embracing a proposal to merge into one massive company.
Five Rusian Mining Companies Plans To Merger Create World Biggest Mining Group
An ambitious plan to create one of the world’s biggest mining groups through the merger of up to five Russian companies has been proposed by two billionaire tycoons.
Venezuelan Joint Venture With Rusian for Gold Mine Exploration
President Hugo Chavez is awarding a valuable gold mining concession to a joint venture between a Russian-financed company and the Venezuelan government, in an apparent bid to secure new sources of state income as oil prices fall.
