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Dutch Mining Company, Shell to Start Brazil Pre-Salt Drilling Late 2009, Valor Says
Royal Dutch Shell Plc plans to start drilling Brazilian deepwater oil finds below a salt layer at the end of 2009 in the Epitonio field, in the BM-S-54 block, Valor Economico reported, without saying where it got the information.
Shell has 13 concessions in Brazil, two of which are in production, the Brazilian newspaper said on [...]
Top global firms form mining developmental framework
Forty-seven leading mining companies in the world have committed themselves to the institution of principles expected to guide efforts to achieve sustainable developments in their areas of operation.
The companies, all members of the International Council of Mining and Metals, met between October 13 and 17, 2008 in Addis Ababa , Ethiopia, and resolved to focus [...]
Global Mining Update on Mining Exploration and Prospects
Globex Mining Enterprises Inc. wishes to update shareholders as regards its ongoing work and prospects.
First, I would remind shareholders that despite the recent debacle in the markets and the resultant drop in Globex’s share price and the value of shares in other companies held by Globex, the Company has sufficient cash on hand to assure [...]
Iron Ore Mine Company Makes Two Hematite Discoveries
Budding Pilbara iron ore producer Atlas Iron (AGO) has made two new hematite discoveries at its wholly owned Pardoo project near Port Hedland in Western Australia.
The two deposits, Chloe and Willy, are within Atlas’s Olivia target area and contain sought-after direct-shipping ore, which requires no processing. Atlas said the deposits were at or near surface. [...]
Copper King Mining Corporation Announces Further Mining Updates
Copper King Mining Corporation, an ore mining, processing, and exploration company located in Southern Utah, today provided further updates concerning its operations.
Ore Body Discoveries
New drillings in the company’s current mine locations recently revealed that the ore body present is much larger than expected. In three drilled holes, several hundred feet from the known ore body, [...]
Vedanta Resources Reports Record Production Of Zinc, Iron Ore And Aluminium
FTSE 100 copper, zinc, iron ore, aluminium and bauxite mining group, Vedanta Resources climbed 13% after reporting solid progress as its operations in India, Australia and Africa. Shares in Vedanta have fallen along with the rest of the mining index, having reached almost £2.80 per share earlier this year at the peak of the [...]
Australian Mining Sector To Correct Bad Image of Mining in RP
THE Australian government, which has repeatedly expressed strong interest in the Philippines’ mineral sector, intends to erase the “ignorance” of mining communities by bringing their representatives to Australia to see firsthand what responsible mining operation is.
Senior Trade Undersecretary Thomas Aquino said this is an approach that the governments of the Philippines and Australia are looking [...]
Vimetco Acquire Yaoling Coal Mine in Gongyi
Vimetco N.V. said it has acquired the Yaoling coal mine in Gongyi, Henan province, China, through its subsidiary Henan Yulian for 213 million yuan.
The global producer of primary and processed aluminium products said the purchase has been completed through a joint venture with Yongcheng Coal & Electricity Co., the current mine operator, and the Gongyi [...]
Sierra Gold Corporation Plans Increase Gold Mine Exploration and Production
Sierra Gold Corporation announced today that the two new 10 ton, state-of-the-art, gold processing plants arrived in Sierra Leone last week. These plants will enable the company to process up to 20 tons per hour and boast a 95-98 percent recovery rate. This technology offers an environmentally friendly process with no chemicals and reduced water [...]
