The West Australian reported that the most senior Chinese official to visit the barren Oakajee port site since the USD 6 billion venture hit a funding brick wall says the Middle Kingdom is frustrated that its many iron ore mines in the Mid ...
Tags: barren Oakajee port site, brick wall, iron ore, Oakajee project
Reuters reported that Indonesia is considering whether to extend a divestment deadline for foreign mining companies beyond 10 years but no decision has been made. Mr Hatta Rajasa chief economic minister of Indonesia said that the ...
Investors are betting on a battle for Inmet Mining Corporation to control the coveted Cobre Panama project in Central America. Inmet shares have catapulted 23% in the two tradings sessions since the company disclosed it received and ...
Tags: Inmet Mining, new copper, Panama Canal
The Almalyk Mining and Metallurgical Complex has completed the reconstruction and expansion project of the Kalmakyr mine worth USD 122.2 million. The AMMC launched a project for the reconstruction of the Kalmakyr mine in 2010. The project ...
Tags: silver, gold, Copper Mine, Copper porphyry ore
Production of molybdenum concentrates during the Q3 (July to September) of 2012 by major miners was 66.92 million pounds reflecting the downward trend since the beginning of 2012, following 69.28 million pounds during the Q1 (January to ...
Tags: Molybdenum, Molybdenum Production, Production of molybdenum concentrates
Rio Tinto Group said that it is targeting savings of USD 5 billion by the end of 2014, while simultaneously boosting production at its iron ore, copper and alumina units. As per report Rio Tinto plans to cut the USD 5 billion in operating ...
Tags: Rio Tinto, iron ore, copper, alumina units
BNamericas cited Mr Rob McEwen CEO of Toronto based McEwen Mining as saying that government policies are causing mining companies to put off investment in Argentina in favor of friendlier jurisdictions. Over the past several months, mining ...
Tags: McEwen Mining, mining, Los Azules copper
Reuters reported that Indonesia nickel ore exports recovered in October, as biggest buyer China stocked up ahead of winter and more miners resumed production after meeting tough government rules that battered shipments this year from the ...
Tags: nickel ore exports, miner, mineral ore
China is said to be considering a move to cut tax for iron ore mining companies in a bid to reduce input costs for the nation's steel industry. The country's Ministry of Industry and Information Technology is reportedly working with the ...
Tags: iron ore, tax cut, China, mining companies
The 200 protesters who continue to sit in at Ledi camp on Latpadaung Mountain in Sagaing Division are suffering from a lack of food, water and medicine. Mr Aung Soe Civic society group leader said that “I am one of those living in ...
Tags: Monywa Copper, mine, lack of food, Latpadaung Mountain
DNA reported that the Central Bureau of Investigation special court has issued summons to former chief minister Mr BS Yeddyurappa and 12 others for allegedly favoring mining companies and accepting kickbacks. In its charge sheet filed in ...
Tags: Central Bureau of Investigation, iron ore mining mess, iron, Indian news
Business-to-business payment times have fallen by five days since the height of the global financial crisis(GFC),however,cash flow pressures remain prevalent as firms are being forced to wait more than three weeks longer than standard terms ...
Tags: Trade Payments, payment times
Mopani Copper Mines PLC has observed that Zambia's mining sector is bright as evidenced by the massive investment in the industry. Mr Danny Callow CEO of Mopani Copper Mines said that his mine has invested about USD 2 billion in the ...
Tags: Zambia, mining sector, mopani copper Mines PLC, Mines
LT Lighting(Taiwan)Corp.,has received a good feedback from overseas markets for its 200W LED high bay lights and 500W LED flood lights. According to the company's directors,the company makes full use of its unique heat sink and ...
Tags: LT Lighting(Taiwan)Corp, Taiwan LED lighting, Good Reputation
Representatives from Taiwan and mainland China recently signed three memorandums of understanding (MOUs) in Taiwan over LED cooperation, creating an advantageous condition for Taiwan’s LED industry to step up presence in the ...
Tags: led light