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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 »
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 ...
Posted in Coal, Copper, Gold, Iron, Iron ore, Metal, Mining Industry, Mining Investment, Nickel, Silver, Trade & Market, Uranium | No Comments »
Wednesday, November 19th, 2008
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 industry, and highlights the implications boded by the consolidation wave, and rising mineral prices. The discussion on the global ...
Posted in Mining Industry, Mining Investment, Mining Technology | No Comments »
Tuesday, November 18th, 2008
Asian stocks retreated, led by financial companies and commodity producers, as recession in Japan and Hong Kong and declining oil prices heightened concern a global economic slowdown is deepening.
Mitsubishi Estate Co., Japan's largest developer by market value, sank 5.4 percent after the Nikkei newspaper said Tokyo office rents retreated ...
Posted in Oil & Gas, Trade & Market | No Comments »
Monday, November 17th, 2008
Uranium One Inc. ("Uranium One") today reported operational and financial results for the third quarter of 2008. The Company also provided updated guidance for its operation and development projects.
The financial statements, as well as the accompanying management's discussion and analysis, are available for review at www.uranium1.com ...
Posted in Exploration, Mining Industry, Mining Investment, Mining Technology, Trade & Market, Uranium | No Comments »
Monday, November 17th, 2008
The wallets are closing, the bank accounts are running down, the investors are no longer listening. In the next few months there will be a fevered stampede from the cash-strapped juniors to find someone -- anyone -- with money to help keep them going.
Adrian Day believes he has got in ...
Posted in Mining Industry, Mining Investment, Trade & Market, Uranium | No Comments »
Saturday, November 15th, 2008
It is reported that iron ore shipments on the Great Lakes are slowing in response to a downturn in North American steel production.
Shipments in October 2008 fell to 5.66 million net tonnes from 5.72 million tonnes in October 2007, and from 5.77 million tonnes in the October 2008 five year ...
Posted in Iron ore, Mining Company, Mining Technology, Trade & Market | No Comments »
Saturday, November 15th, 2008
Iron ore exporters have been hit by a cash flow crisis with Chinese importers defaulting on payment obligations.
Besides, Chinese banks are also refusing to honour the letters of credit issued on behalf of the importers. The Vice- Chairman of the Federation of Indian Mineral Industries (Southern Region), Mr Basant Poddar, ...
Posted in Iron ore, Mining Company, Mining Industry, Mining Investment, Trade & Market | No Comments »
