A major investment by a Chinese company puts a big mining project near Eureka back on track.
General Moly Mines...
The Mines Ministry is likely to give an in-principle approval to global giant Rio Tinto for its diamond mining project...
Canadian base-metals-miner HudBay Minerals expects to make a final decision on whether to proceed with the Fenix nickel project, in Guatemala, around the middle of next year, CEO Peter Jones said on Wednesday.
The company is trying to come up with a low-cost power solution for the project, which is bought last year when it acquired Skye Resources,
Brazilian mining company, Vale Group is conducting a feasibility study for investing in the Moatize coal mines in Mozambique. The agreement between the governments of Mozambique and the Vale Group, in addition to investing in coal mines, Vale Group is also investing in copper mines in the North Konkola, Zambia.
Kazakhstan, announces today the results of its third and final prospect review for 2009 based on the Group’s interpretation of 5,240 km2 of proprietary 3D seismic acquired over its two onshore licences in Western Kazakhstan.
China and Russia will boost their cooperation in oil, gas, coal and nuclear energy, said a joint communique released Wednesday.
Chinese Premier Wen Jiabao and his Russian counterpart Vladimir Putin inked the communique in Beijing after a regular meeting on Tuesday.
The global economic crisis has made improving the mining sector in Congo region is slow, even some mining companies to stop the exploration activities. The increase in metal prices pushed mining companies to reactivate exploration and production activities of mining. The government hopes Congo copper and cobalt sector can increase production. Recovery of copper and cobalt production...
Mexico mining company, Piero Sutti SA report has found lithium deposit in northern Zacatecas and San Luis Potosi, Mexico. Mining companies estimate that the lithium deposit can be produced from existing deposit 12,000 tons per year. This lithium production will put Piero Sutti equivalent lithium producer Chile.
