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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 »
Wednesday, November 19th, 2008
Nord Resources Corp said a scoping study has found that the company can cost-effectively increase its production from the Johnson Camp copper mine in Arizona to an estimated rate of 40 million pounds of copper per year from the current plan of 25 million pounds.
The study by Bateman Litwin, an ...
Posted in Copper, Mining Industry, Trade & Market | No Comments »
Wednesday, November 19th, 2008
IN the past few months, there has been uncertainty in the economy and there were fears that Zambia might lose the gains that have been achieved so far.
The Kwacha strength against convertible currencies declined, copper prices tumbled on the international market, inflation began to rise and it generally appeared as ...
Posted in Copper, Mining Industry, Mining Investment | 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 »
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
Shell Philippines Exploration B.V (Spex) and Australia-based mining giant BHP Billiton are likely to bid for the 20 percent stake of PNOC-Exploration Corp. (PNOC-EC) in Service Contract 63 in Northwest Palawan and offshore Sabah.
PNOC-EC president Rafael del Pilar told reporters yesterday that the two firms have shown “strong interests” to ...
Posted in Mining Company, Mining Industry, Mining Investment | No Comments »
Saturday, November 15th, 2008
The government has awarded four coal-bead methane (CBM) development contracts in Kalimantan to a group of mining companies requiring a total investment of at least US$20 million during the next three years.
The four companies are a consortium of PT Pertamina Hulu Energi Metana Kalimantan A-Sangatta West CBM Inc, a consortium ...
Posted in Exploration, Mining Industry, Mining Investment, Oil & Gas, Trade & Market | No Comments »
Wednesday, November 12th, 2008
Ditem Explorations (TSX VENTURE: DIT) announces that Sinosteel Mining Company, a wholly owned subsidiary of Sinosteel Corporation, has advised that it has suspended proceeding with the proposed master joint venture agreement. In a letter to Ditem, Sinosteel stated that because of the current financial crisis, they are suspending until the ...
Posted in Exploration, Mining Industry, Mining Investment, Uranium | No Comments »
Thursday, November 6th, 2008
India and Australia entered into a collaboration to boost trade and investment in the coal sector by focusing on upcoming mining techniques and services, coal to liquid and coal-bed methane projects, an official statement said.
The agreement is a white paper on "Action Plan for Indo-Australian collaboration on the Coal Sector", ...
Posted in Coal, Mining Industry, Mining Investment | No Comments »
Wednesday, November 5th, 2008
Nov 4 (IANS) As India seeks Australian expertise in the mining sector to meet its growing energy demand, over 50 Australian companies are heading to Kolkata to showcase their abilities at the International Mining and Machinery Exhibition (IMME 2008) which opens Wednesday.Despite the global downturn, India’s economic growth averaged nine ...
Posted in Mining Industry, Mining Technology | No Comments »
