Archive for the ‘Metal’ Category

Research and Markets: Mining Industry - Global Strategic Business Report Includes Indexed, Easy-To-Refer, Fact-Finder Directory Listing

Thursday, November 20th, 2008

Research and Markets has announced the addition of the "Mining Industry - Global Strategic Business Report" report to their offering. The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the ...

Titan Uranium Signs Second Letter of Agreement With Japan Oil, Gas and Metals National Corporation

Thursday, November 13th, 2008

Titan Uranium Inc., a North American generative explorer, is pleased to announce the signing of a letter agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC can acquire an undivided 50% working interest in Titan's Border Block Project by funding Cdn $6 million in uranium exploration programs managed ...

Uranium Advances 4% on Kazakh Output Cut, Deutsche Bank Fund

Tuesday, November 11th, 2008

Uranium rose for a second week after Kazakhstan's state producer cut its output target for next year and Deutsche Bank AG set up a fund to buy the radioactive metal. Uranium-oxide concentrate for immediate delivery rose $2, or 4.3 percent, to $48 a pound from a week ago, Denver-based pricing service ...

Fortescue renegotiates deals as China steel mills struggle

Friday, October 17th, 2008

FORTESCUE Metals Group has been forced to renegotiate iron ore delivery contracts with some struggling Chinese customers, as plunging steel prices push higher-cost mills to crisis point. FMG has locked in shipping freight contracts for a little over half of its customers and has contracted to pass on those costs to ...

FMG hits new low as iron ore falters

Friday, October 10th, 2008

Shares in West Australian iron ore companies have fallen lower in early trade after Mount Gibson Iron admitted some of its customers had asked for its Mid West iron ore shipments to be delayed because of slowing demand amid the global turmoil. The news from Australia’s fifth-biggest iron ore producer has ...

Cuervo Reports Additional Drill Results From Second Zone at Cerro Ccopane Iron Project in Peru

Thursday, October 9th, 2008

Cuervo Resources Inc. is pleased to release assay results from the next 8 diamond drill holes on the Huillque zone of mineralization on its wholly owned Cerro Ccopane iron ore project in southern Peru. The Huillque zone is the second of five known target zones to be drilled and is ...

NovaGold Starts Gold Production at Rock Creek Mine in Nome, Alaska

Sunday, September 21st, 2008

NovaGold Resources Inc. today announced that it has received regulatory authorizations and has begun production at its Rock Creek gold mine near Nome, Alaska. State regulators have approved the start of production, allowing NovaGold to begin fully processing ore and depositing inert tailings material into the Tailings Storage Facility. As ...

Rio Tinto Eyes to China

Friday, September 19th, 2008

As a foreign supplier to the Asia-Pacific region, Rio Tinto Plc (RTP) is benefiting from China's status as a net importer of iron ore. The company is focused on boosting output to meet China's increased consumption levels. Moreover, with a positive outlook on most metal prices, we expect solid long-term ...

Rusina Mining completes acquisition of Barlo Project

Monday, September 15th, 2008

Rusina Mining, the nickel laterite producer in the Philippines, announced this morning that it had completed the acquisition of the Barlo Exploration Permit from the administrators of Fire Resources Limited. The Barlo Project is located only 30 kilometres north of Rusina’s current Acoje Nickel-Chromite-PGM project. The Barlo Project covers approximately ...

Platinum Group Metals Creates New Funded Platinum Joint Venture

Monday, September 15th, 2008

Platinum Group Metals Ltd. announces the creation of a new exploration joint venture adjoining the Xstrata plc Eland Platinum Project area at the eastern end of the prolific Western Bushveld Complex in South Africa. Platinum Group Metals has been granted a 8.290 square kilometre mineral rights position by filing prospecting ...