Search Results

Vedanta Group, Mining Companies Golden Steps in Mining and Metal Industry


India’s Vedanta group is scripting a success story in mining sector with its brave decisions to acquire new companies even though the global meltdown has wreaked havoc in metal sector.

Mozambique Reports Mining Exploration and Mining Industry Sector Q3 2008


The mining industry of Mozambique is forecast to log an average growth of 9.2% during 2008-2012 and be valued at US$0.38bn in 2012.
The outlook for Mozambique’s mining sector remains bright, with the national director of Mining Resources, Fatima Momade, stating that the mining and oil sectors should be the primary drivers behind GDP growth hitting [...]

Mining Exploration and Oil Sector Driver Behing GDP Growth in Momzambique


Mozambique government targets in the year 2010, 15% earnings of economics Mozambique stems from mining exploration and development sectorl. Therefore government mozambique gives full backing at activity of exploration and invesment at mine sector.
Following is growth report of exploration of mine in Mozambique during 2008,
The national director of Mining Resources, Fatima Momade, reported :
July [...]

Alcan and Ma’aden plan US$7 billion mine-to-metal joint venture in Saudi Arabia


Alcan Inc. (TSX:AL) and Saudi Arabian mining company Ma’aden have signed a “heads-of-agreement” deal to develop a US$7-billion aluminum “mine-to-metal” project in Saudi Arabia, including bauxite mining, alumina refining, power generation and aluminum smelting.
Montreal-based Alcan said Monday it will hold a 49 per cent stake in the project and provide technology and operating management support, [...]

PanAfrica: BHP Billiton More Than Doubles Exploration Spending This Year


Global resources producer BHP Billiton was starting to see success in diamond exploration in Angola, vice-president exploration and integrated business development Ian Maxwell said on Tuesday.
Billiton and partner Petra Diamonds held a 3000km’ tenement in Angola where they were having a high hit rate.
“We know we have kimberlite pipes there and some contain diamonds, but [...]

Australia pleads for mining favour in Russia


Trade ministers are like the Fuller brush salesman. The job requires long days and hard traveling, sleep-short nights in dreary hotels, selling a premium brand-name for a cheap product that customers usually think they need no more of. And when the salesman returns to headquarters, the boss hardly notices him.