Essar Group Purchase Coal Mine of Trinity Coal Corp
Mar/08/2010 | Under : Business - Finance - Coal Mine - Companies - Stock - Trade & Market
Essar Group said its purchase of Trinity Coal Corp., the Indian company’s first overseas coal mine acquisition, will help lock in raw materials with coal and iron ore prices poised to rise as the global economy recovers.
The $600 million buyout of West Virginia-based Trinity raises Essar’s total U.S. investment to $4 billion, Chief Executive Officer Prashant Ruia said. [Read More]
TNR Gold Engages Financial Advisor for Its Los Azules Copper Mine Project
Mar/02/2010 | Under : Companies - Copper Mine - Exploration
TNR Gold Corp. is pleased to announce that it has engaged British Swiss Investment Corp. to undertake a strategic review of TNR’s alternatives for its Los Azules copper mines project located in the San Juan Province of western central Argentina. [Read More]
Mining Companies, Tibet Mineral Development To Develop Lithium Mining Project
Feb/11/2010 | Under : Companies - Lithium Mining - Mineral Exploration
Xinhua news agency reported, mining company Tibet Mineral Development focus on developing lithium mining project in Salt Lake. Lithium mining project is estimated to have reserves of lithium carbonate to reach 2.4 million tons. The company plans to produce lithium carbonate in the first phase of 5,000 tons and the second phase of lithium production can reach 20,000 tons. [Read More]
Mining Companies, Tibet Mineral Development To Develop Lithium Mining Project
Feb/07/2010 | Under : Companies - Lithium Mining - Mineral Exploration
Xinhua news agency reported, mining company Tibet Mineral Development focus on developing lithium mining project in Salt Lake. Lithium mining project is estimated to have reserves of lithium carbonate to reach 2.4 million tons. The company plans to produce lithium carbonate in the first phase of 5,000 tons and the second phase of lithium production can reach 20,000 tons.
[Read More]
Gold Canyon Outlines Multi-Phase Exploration Program for Springpole Gold Project
Jan/29/2010 | Under : Companies - Gold Mine - Mineral Exploration
Gold Canyon Resources Inc. is pleased to announce that it has recently completed the comprehensive review of its 100% controlled Springpole Gold Project, located in the Red Lake Mining District of Ontario, Canada.
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Zambia’s Lumwana Mining Company Plans Increase Copper Mine Production
Dec/04/2009 | Under : Companies - Copper Mine - Mineral Exploration
Zambia’s Lumwana Mining Co. Ltd., a unit of Equinox Minerals Ltd plans to raise copper output through greater efficiency and also plans to build a uranium plant, its managing director said on Wednesday.
Adam Wright, who took over from Harry Michael a fortnight ago, said at a news briefing in Lusaka that the company would in 2010 ramp up production to 170 000 tons from a projected 110 000 this year.
[Read More]
Mining Equipment Fleet Secured For Copper Mountain Project
Nov/23/2009 | Under : Companies - Copper Mine - Mineral Exploration
Copper Mountain Mining Corporation announces that the mobile mining equipment fleet for the Copper Mountain Project has been ordered with deliveries to match the mining plan. The Company has placed orders through SMS Equipment for more than $70 million worth of Komatsu mobile mining equipment to be delivered in stages over the next 18 months. Preproduction mining is scheduled to start in June 2010.
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