Lincoln Gold U.S. Corp., a subsidiary of Lincoln Mining Corp. has signed a Letter of Intent with ADGIS. Letter of Intent regarding acquisition of mining assets in the Imperial County, California. Mining assets include Cruz Oro gold mine. Payment of royalties from gold mining exploration worth U.S. $ 50,000 per year and will increase to U.S. $ 200,000 per year in the 7th year.
Read More….
Largest electricity supply companies in India Tata Power plans to buy coal from coal mines managed by the Australian mining company Riversdale. Planned purchases of coal from Riversdale to secure the supply of coal as a fuel electricity.
Read More…
Two Australian companies signed a cooperation contract to develop lithium Mount Marion project in Western Australia. Mineral Resources will begin operations in late June 2010. Mineral Resources will build a lithium-processing facilities in Mount Marion, and will be responsible for funding the operational costs. Contract development of lithium Mount Marion project will provide net profit up by 40% to the Mineral Resources.
Read More…
Lithium mining resources in Argentina gives hope to the Argentina government to become the largest lithium producer in the world. Increased production of lithium in Argentina was marked by the opening of lithium mine in northwestern Jujuy province in late 2010. Read More…
Lithium Corporation is pleased to announce that it has completed a share exchange and amalgamation with private company Nevada Lithium Corporation. The share exchange and amalgamation was filed with the Securities and Exchange Commission on October 23, 2009. Read More…
Mongolia to develop mineral mining resources to advance the country’s economy, which can help people out of poverty. To attract investors and mining companies to explore mineral mining resources in territory of Mongolia territory, the government offered shares worth $ 2 billion.
Read More…
A Chilean senator is urging the country to take control of its lithium deposits as demand surges for the raw material used in electric car batteries.
Senator Ricardo Nunez, a member of the Chilean socialist party and the Senate Mining and Energy Committee, Read More…
The Bolivian government said it will wait several years before partnering with a foreign company to produce lithium batteries and in the meantime will go ahead with the first stages of industrializing the metal.
Mining Minister Luis Alberto Echazu told a press conference that the first projects, up to an including the production of lithium carbonate, will be carried out entirely by the state, with foreign partners only needed beginning in 2013.
Income of U.S. coal miners has declined sharply in the third quarter. Coal miners decline in U.S. revenue due to demand for U.S. coal production from the producers of electricity generation. More tinggin coal prices if demand for coal exports from steel producers. Coal demand from steel producers can provide long-term effects.
Read More…
North Arrow is a company focused on lithium mining exploration. The company is drilling in the area of lithium mining Carolina, United States. Lithium mining drilling project located in the Tin-Spodumene Belt of North Carolina. This region is the center of the lithium production.
Read More…
