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Grib Diamond Is Arguably The Most Prospective of The New Generation of Diamond Mines

Nov 24, 2014

The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...

Tags: Grib Diamonds, Diamonds

Raspadskaya Lost a Net $126 Million in 2013

Mar 28, 2014

Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...

Tags: Coking Coal, Miner, integrated mining

Attributable Coal Sales for Whitehaven in The Half Year to DEC. 2013 Were 4.3 Million Mt

Feb 28, 2014

Increased low-ash thermal coal production from Whitehaven Coal's Narrabri underground mine in New South Wales was a key driver for a 48% year-on-year rise in the Australian coal producer's earnings before interest, depreciation and tax to ...

Tags: Coal's Sales, Mineral

The World Refined Copper Market Balance Showed a Production Deficit of 129,000 Mt

Feb 26, 2014

The world refined copper market balance for November 2013 showed an apparent production deficit of 129,000 mt, mainly due to record-high Chinese apparent demand, according to preliminary data issued last Friday by the International Copper ...

Tags: Refined Copper, Mineral

Arch Coal, Inc. Today Announced That Tygart Valley's Leer Mine in Northern West Virginia

Dec 11, 2013

Arch Coal, Inc. (NYSE:ACI) today announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex. The Leer ...

Tags: Metallurgy, Mineral, Energy

Mexico Began Initial Production of Silver Doré Bars on November 20, 2013

Dec 6, 2013

FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or "First Majestic") is pleased to announce that the Company's new 1,000 tonnes per day (tpd) cyanidation circuit at its Del Toro Silver Mine in Zacatecas, Mexico began initial ...

Tags: First Majestic, silver doré, Del Toro Silver Mine, silver, silver dorébars

Mina Invierno Said a Spokesman for One of The Mine Owners Wednesday

Jun 24, 2013

Chile's newest and largest coal mine, Mina Invierno, which started production in January has to date exported a total 435,000 mt of thermal coal in five vessels, including two Capesize [around 300,000 mt] cargoes to India, said a spokesman ...

Tags: Mine, Coal

Australian Miner Fortescue Metals Group Ltd Opens New Mine Named Firetail at Solomon

May 8, 2013

According to report, Australian miner Fortescue Metals Group Ltd opens new mine named Firetail at Solomon. It is another step to become one of Asia’s major supplier. The development of Firetail mine for the first stage costs US 3.2 ...

Tags: Fortesuce, Firetail Mine

Vorkutaugol Has Announced That It Is Considering Developing a New Coal Mine

Mar 26, 2013

Russian steelmaker Severstal's mining subsidiary Vorkutaugol has announced that it is considering developing a new coal mine at its Usinsk deposit in Russia's northern Komi region. The new mine is expected to have an annual production ...

Tags: steelmaker, steel, coal mine

China's Magang Will Start Mining at Heshangqiao Iron Ore Mine in Auhui Province in June

Feb 26, 2013

According to report, China’s Magang Mining Co., the subsidiary of Ma’anshan Iron & Steel Group (Magang), said it will start mining at Heshangqiao iron ore mine in Auhui province in June. The annual capacity is expected of 5 ...

Tags: Magang Mining, mining, iron ore mine

The Rare Earth Universe Is Made up of Four or Five Distinct "Critical Rare Earth" Markets

Jan 4, 2013

There is no single rare earth element market. Instead, the rare earth universe is made up of four or five distinct "critical rare earth" markets that should be the focus for investors today. Even with new mine supply and refining capacity ...

Tags: Jack Lifton, rare earth element market, Metallurgy, Mineral

Several Factors Have Led to a Decline in Mining and in The US Mineral Processing Industry

Dec 26, 2012

The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...

Tags: Cobalt, Rare Earth, USA, Metallurgy

a New Mine Will Be Built in Tasmania's Tarkine Wilderness

Dec 20, 2012

It is reported that a new mine will be built in Tasmania's Tarkine wilderness,after Mr Tony Burke federal Environment minister gave final approval for Shree Minerals to go ahead with its Nelson Bay iron ore project. Despite a long fight ...

Tags: new mine, environmental opponents, Tasmaniatarkine

Antapaccay Has Delivered Its First Shipment to Matarani Port for Delivery to Customers

Dec 12, 2012

Xstrata Copper’s Antapaccay copper mine in southern Peru commenced production of commercial grade copper in concentrates at the beginning of November and has delivered its first shipment to Matarani Port for delivery to customers ...

Tags: copper mine, copper in concentrates, copper exploration

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