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Glencore Will Buy Back Prodeco Coal Mines Assets From Xstrata Mining Company
Glencore is a mining company that operated the mine Prodeco. Prodeco coal mines located in the region of Colombia. Prodeco mining assets sold to Xstrata in January, when the company’s financial weakening.
Prodeco sales of $ 2 billion allowed Glencore to subscribe to rights issues Xstrata, the London listed global miner where Glencore has a 34 [...]
Mayfly To Be Protected Habitat at Expense of Coal Mining Exploration in US Mountaintops Coal Mine
Mayflies may seal the fate of mountaintop mining in the Appalachian hills of the eastern U.S.
Companies such as Massey Energy Co. that mine coal there by stripping mountain peaks and dumping debris in streams are being asked by the Environmental Protection Agency for the first time to safeguard the mayfly, one of the oldest winged [...]
Alexi Mineral To Start Gold Mine Exploration in Rouyn-Noranda
Alexis mining company has started mining gold exploration projects in the Lac Pelletier Rouyn-Noranda, Quebec. Alexis mining companies have been doing the excavation of two mining zones of the four planned gold mine.
Vale SA Interested To Invest In Lithium Mining Exploitation Project In Bolivia
Bolivia has largest lithium mining potential in the world. Some mining companies have submitted proposals to offer joint exploration lithium mine owned by Bolivia.
Bolivia Salar de Uyuni, Potosi salt flat located in the province, known to contain about half the world’s 11 million metric tons of lithium reserves,
Iron Ore Mining Company Vale SA To Develop Lithium Mines
Lithium is the stuff of mine who has a bright future to be developed, because lithium is the basic ingredient used to manufacture the battery several modern portable electronic devices such as I-Pods, cell phones, laptop computers and found the electric-powered cars.
Sutti Piero Report Finding Lithium And Potash Deposit In Zacatecas, Mexico
Chief executive of mining company Sutti Piero gave a statement to Reuters, that the mining companies have found deposits of lithium and Potash in the central Mexican state of Zacatecas. Lithium deposit is estimated to reach 800 million pounds.
Caza Gold Corp. To Purchase Gold Mining Exploration Property in Chihuahua, Mexico From Exmin Resources
Caza Gold Corp. announces that it has entered into a formal agreement to purchase two gold exploration property packages located in Chihuahua, Mexico from Exmin Resources Inc.
The Company is purchasing Exmin’s 100% interests in 49 mineral properties totalling 47,433 hectares, known as the Moris Exploration properties, in the Moris gold district of western Chihuahua where [...]
Oyu Tolgoi Copper-Gold Project : Mongolian Delay Approval Copper-Gold Project Investment, Rio Tinto and Chinalco Reconciliation
Mongolian government has delayed approval to invest U.S. $ 6.8 committed to developing exploration projects of copper-gold mining Oyu Tolgoi. Mongolian government refusal to open the opportunity for Rio Tinto and Chinalco to resume reconciliation talks the two mining companies.
Share of Gold Mining Companies Falls, But Gold Prices Soar 10 percent in Six Weeks
Gold prices rose sharply for six weeks, gold prices reached 10 percent. But gold mining shares declined. Analysts expect investors still doubt the gold price increase can last long, so the investors take a step to wait until the price of gold reached the highest prices and stable.
