Search Results
China Shenhua Energy to Continue Bid Coal Exploration Projects in Tavan Tolgoi, Mongolia
China Shenhua Energy Co Ltd said it is still in the running for a stake in Mongolia’s massive Tavan Tolgoi project, adding a new twist in the long-running tussle for what has been billed the world’s largest untapped coking coal resource.
Shenhua’s President Ling Wen’s comments on Tuesday came after Mongolia said it had cancelled the [...]
Gold Prices Flat as US Dollar Pares Gains on US Data, Mining Stocks Mixed
Spot gold prices once again were steady around US$1,125/oz after showing yet more volatility yesterday, when the yellow metal slipped below US$1,120/oz after almost reaching US$1,135/oz, largely in response to movements in the currency markets.
Gold fell after the euro weakened against the US dollar on comments from a Greek official, who said that the country [...]
Gold Prices Increase on Falling Supply and Rising Demand
February gold futures broke $1200 for the first time a little after 4AM New York time. February 2010 is now the major front month contract after the expiration of the December contract on November 30th.
Gold futures were up 14% in November, the best monthly performance in ten years. Silver was also up 14%. Gold traded [...]
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.
Producers Of Iron Ore And Coal In South Africa Benefit Demand From China
The growth of the industrial sector in China to provide benefits to the mining company in South Africa, especially producers of iron ore and coal. China is a country that has a demand of iron ore and coal the largest at this time.
Results Of Mining Exploration Company’s In Gold Mine In The Republic Of Congo
Plagued by financing difficulties, contract rows, and image problems, Democratic Republic of Congo’s languishing gold projects are failing to cash in on impressive reserves and healthy prices.
Fluctuation of Copper Mine Prices and Copper Mining Companies Hopes To Increase Mining Production and Earning Profit
The average stock price for listed copper mining specialists has more than doubled from lows seen just three months ago, on hopes that a turning point for the global economy is within sight.
Several Mining Companies Hold Plans New Mines Onstream
The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines onstream.
Mining Companies Optimistic, Mining Production and Industry Growth on Global Financial Crisis
Despite new data that shows just how much the mining industry has suffered as a result of the global financial crisis, the outlook was optimistic as mining companies and industry followers gathered in Toronto for an international convention Monday.
