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Iron Ore Producer Begins Explore Iron Ore Mine Deposit In Pilbara

Monday, October 13th, 2008

The two deposits, Chloe and Willy, are within Atlas’s Olivia target area and contain sought-after direct-shipping ore, which requires no processing. Atlas said the deposits were at or near surface. They required further drilling to define their extent.
The company emphasised very low phosphorus levels within the targets, which bodes well for future blending opportunities to […]

Mozambique Reports Mining Exploration and Mining Industry Sector Q3 2008

Friday, September 26th, 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 Contract For Sale Of Coal From Kendal Mine, South Africa

Wednesday, September 24th, 2008

Homeland Energy announces coal sales contract for the price of 500,000 tons. Sale of coal comes from coal mining exploration in Kendal Mine, South Africa. This sales contract value is 700 Rand per metrik ton. This contract can be re-evaluated in range of time 12 months.
President and CEO Homeland Energy, said “Satisfaction of domestic demand […]

Coal, Copper And Precious Metals Company Lost USD 2.2 Trillion In Market

Tuesday, September 23rd, 2008

By Tuesday last week, the world’s top 20 mining and top 20 oil stocks had lost USD 2.2 trillion in market value (capitalisation), from record highs seen over the past 12 months; ahead of the opening of markets in the Americas on Monday, close to USD 400bn of that lost value had been clawed back.

Mining Exploration and Oil Sector Driver Behing GDP Growth in Momzambique

Sunday, September 14th, 2008

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 […]

BLM Approved Propose Whirlwind Uranium Mine Exploration at Utah, Colorado sites

Sunday, September 14th, 2008

Uranium mining will resume at two underground mines on claims in Grand County, Utah, and Mesa County, Colo., the Bureau of Land Management said Friday.
The BLM approved the proposed Whirlwind uranium mine, which is made up of the two claims on public lands five miles southwest of Gateway, Colo. After completing an environmental assessment of […]

Canada Mining and Industry Trends, Issues and Challenges Facts & Figures 2008

Wednesday, September 10th, 2008

The Mining Association of Canada is the national organization for the Canadian mining industry. Its members account for most of Canada’s production of base and precious metals, uranium, diamonds, metallurgical coal, mined oil sands and industrial minerals and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication.
Facts & Figures 2008 provides details on […]

Kalahari Minerals Agrees to Buy Australia’s Extract Resources

Tuesday, September 9th, 2008

Kalahari Minerals is an exploration company with an advanced portfolio of copper and base metal prospects in Namibia.
The company is developing an exploration programme aimed at identifying the feasibility of commencing one or more mining operations based on oxide and sulphide copper resources.
According to a report obtained from Thomson Financial news, Kalahari, which holds 39,1 […]

Bellzone Mining of Australia Plans To Explore 1 billion Iron-Ore Mine in Central Guinea

Tuesday, September 9th, 2008

Bellzone Holding, a unit of Bellzone Mining of Australia, plans to exploit a 1 billion metric ton iron-ore deposit in central Guinea at a cost of $4.5 billion.
The company has the cash needed to invest in the project without elaborating. Managing Director Alexandre Orlov said, “We are in talks with the Guinean government about signing […]

European Commission Stopped BHP Billiton’s Plans to Acquire Rio Tinto

Wednesday, September 3rd, 2008

The suspension was “due to a request for information made on August 13 by the Commission which has not been fulfilled by the parties”, the Commission said. It has already expressed concern over the strength of a combined company in the iron ore, uranium, coal and aluminium markets.
The European Commission said it had stopped the […]