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American Lithium Closes Agreements to Acquire Exploration Lithium Brine Project in Utah


American Lithium Minerals, Inc. announced today that it has closed an agreement with Nevada Mining Co. Inc. to acquire three Exploration Lithium Brine Projects in Nevada and one Lithium Brine Project in Utah. The Nevada Lithium Brine Projects are the Sarcobatus Deep Project, Teels Marsh Deep Project, and Fish Lake Deep Project. The Utah Lithium [...]

Brazilian Mining Company Vale Sees Iron Ore Prices Higher In 2010


Iron ore prices will likely rise in 2010, underpinned by growing demand from China, the chief executive of Brazilian mining giant Vale said on Monday, without offering estimates of how much prices could rise.
“I think it’s going to be a positive year, and iron prices are showing a tendency towards increase, but I do not [...]

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,