Archive for the ‘Mining’ Category
Saturday, November 22nd, 2008
The first Australian uranium has been exported to China, with demand for the fuel likely to increase sharply in coming years, Resources and Energy Minister Martin Ferguson said Friday.
The shipment follows the signing of two bilateral nuclear safeguards agreements in April 2006 and their ratification in January 2007, which provide ...
Posted in Exploration, Mining Company, Mining Industry, Mining Technology, Uranium | No Comments »
Saturday, November 22nd, 2008
In consideration of the ongoing uncertainty in the uranium and securities markets, Energy Fuels has taken a number of steps to reduce its rate of spending. Energy Fuels' capital preservation strategy is being implemented to ensure that the Company will be in place with strong, developed assets, ready to catch ...
Posted in Exploration, Mining Company, Mining Industry, Mining Technology, Uranium | No Comments »
Saturday, November 22nd, 2008
Public sector mining company Orissa Mining (OMC) will shortly slash prices of iron ore by 40 to 50 percent, a top company official said here Thursday.
"We have just fixed our iron ore prices, and the new rates would come into effect in the next three to four days," OMC managing ...
Posted in Exploration, Iron ore, Mining Industry, Mining Technology | No Comments »
Saturday, November 22nd, 2008
A subsidiary of Severstal (LSE: SVST), the Russian mining group, added High River Gold to its growing list of acquisitions. Yesterday High River Gold announced that Severstal had participated in a heavily dilutive share placing that would take its equity stake to 50.1%.
Severstal took approximately 282.3 million shares ...
Posted in Coal, Mining Company, Mining Technology | No Comments »
Friday, November 21st, 2008
Quicksilver Resources Inc. announced that its board of directors has approved a $600 million capital budget for 2009, which includes approximately $400 million for drilling, $155 million for gathering and processing facilities (including approximately $35 million to be funded by Quicksilver Gas Services LP), $40 million for leasehold and $5 ...
Posted in Mining Industry, Mining Investment, Oil & Gas | No Comments »
Friday, November 21st, 2008
North Carolina should consider whether it would receive money from oil exploration off its coast and how it would balance an oil industry with its coastal tourism economy, speakers at a conference said today.
Carteret County commissioners recently passed a resolution supporting oil and gas exploration off North Carolina's coast, prompting ...
Posted in Drilling, Mining Company, Mining Technology, Offshore, Oil & Gas | No Comments »
Thursday, November 20th, 2008
Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold" or the "Company") is pleased to announce that drilling has commenced on the Company's Scraper Project where joint venture partner Newmont Mining Corporation (TSX:NMC)(NYSE:NEM) can earn an initial 51% interest by undertaking staged annual exploration expenditures totaling US$5 million over a five year ...
Posted in Drilling, Exploration, Gold, Mining Company | No Comments »
Thursday, November 20th, 2008
Zimbabwe's gold production plunged by 64.5 percent in October compared to the same period last year, the Chamber of Mines said Wednesday, underscoring the woes of the once-vital industry.
Gold output in October was 125 kilogrammes in October, down from 352 kilogrammes in the same month last year, the chamber said.
The ...
Posted in Exploration, Gold, Mining Investment | No Comments »
Thursday, November 20th, 2008
Myanmar Ivanhoe is likely to resume its copper mining activities in Monywa next month following suspension of production for a few months, company sources said.
Myanmar Ivanhoe was into copper mining in Sabe hillock and Kyesin hillock near Monywa city in Sagaing Division in collaboration with junta's No. 1 Mining Corporation. ...
Posted in Copper, Mining Company, Mining Industry | No Comments »
Thursday, November 20th, 2008
Zambian copper production in the first nine months of the year increased by 10.7% on year as copper mines recovered from operational disruptions suffered earlier in the year, a government official told Dow Jones Newswires Wednesday.
An official with the ministry of mines and mineral development said central bank data indicates ...
Posted in Copper, Mining Industry, Mining Investment, Trade & Market | No Comments »
