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Mining Exploration Future’s, Industry Expert Analyst
Every segment of the mining industry and the companies that support it continue to enjoy great success with no end in sight despite trouble on Wall Street, industry leaders said Monday at a national conference and trade show.
Much of the optimism can be attributed to the unprecedented demand from China and India, said Harold Quinn, [...]
Canadian Mining Company See Bright Copper Mine Exploration in Mongolian
At a remote outpost in the Gobi Desert, hundreds of kilometres from any paved road, Keith Marshall is poring over satellite images, geological surveys and sheets of statistics, literally mapping out Mongolia’s economic future.
Working out of a wind-lashed military-style tent dubbed the “Weather Haven”, the British engineer is laying the groundwork for what he says [...]
Increase Demand Iron Ore and Metals Mine Exploration Result From China
Rio Tinto, the mining group that is fighting a bitter take over battle with larger rival BHP Billiton, said yesterday that half-year profit more than doubled to a record on strong demand from China for iron ore, aluminium and other metals.
Profit for the six months through June 30 surged by nearly 113% to $6.91bn (about [...]
Iron Ore Mine Price Future, BHP Billiton Attempt To Take Over Biggest Mining Company Rio Tinto Ltd.
Will world’s largest miner BHP Billiton Ltd’s attempt to take over the third biggest mining firm Rio Tinto Ltd influence the global iron prices? That is the billion dollar question haunting regulators in Europe and Australia now.
BHP Billiton Ltd recently announced that it is attempting to take over the industry’s third-ranked company but it faced [...]
The Big Mining Companye Reported Result Mining Exploration Earning, BHP Second Half Profit $US15.4 billion
BHP Billiton will this afternoon report its second set of earnings since launching a $US170 billion hostile scrip bid for Rio Tinto in February, setting the stage for another war of words between the duelling miners.
BHP is due to report annual earnings of $US15.4 billion, which will smash the Australian corporate record of $US13.4 billion [...]
New Mine Exploration, Ivanhoe Mines Copper and Gold Mine Project Negotiations Will Resume in Mongolia
Despite the turmoil of the June 29th national election in Mongolia which resulted in five deaths and hundreds of injuries, Ivanhoe Mines said Thursday it believes the negotiation of the Oyu Tolgoi Investment Agreement will resume after a new cabinet is appointed and the first session of Parliament begins.
Meanwhile, Ivanhoe reported a net income of [...]
Preview Rio Tinto Mine Exploration This Week, Big Week Fro Rio Tinto
Another weekend and another announcement from Rio Tinto as it continues to blitz the markets with announcements about what it is and isn’t doing.
This time it revealed it was considering listing its North American coal assets on the New York Stock Exchange as Cloud Peak Energy Inc.
Rio said it had filed plans with the US [...]
Oil Sand Mining Exploration in Saskatchewan
The oil sands of Alberta have overtaken Saudi Arabia as the world’s next source of long lived petroleum reserves. Never mind that they’re wrapped up in sand – technology renders that issue less important on a daily basis. Conventional oil too, is still present in Alberta, though its been a while since anything major has [...]
Iron Mine Exploration Company Review, Reviewing a Partial Sale of its Hamersley Iron Operations
There is a view that Rio Tinto is actively reviewing a partial sale of its Hamersley Iron operations to drive a broad revaluation of its global asset pool in the face of BHP Billiton’s $US160 billion ($170 billion) takeover offer.
The idea is that Rio Tinto could attempt a private auction of a healthy sliver of [...]
