Almost every house in the vicinity of an iron ore mine in Goa's Sanguem, Sattari and Bicholim talukas is likely to have a 10 tonne tipper truck parked in its backyard. Some have 2, 3 or even 4 trucks parked. In all, there were about 25,000 ...
Tags: iron ore mine, Goa, Sanguem, India
Xstrata Copper's Lomas Bayas operation, located in northern Chile, has completed construction and commenced commissioning on scheduleof its USD 300 million Lomas II project to extend the mine life by 16 years, until at least 2028, at ...
Tags: Xstrata Copper, Copper, Mineral, Metallurgy
PTI reported that the country’s largest aluminium maker Vedanta Aluminium is unlikely to start operations at its Lanjigarh unit in the near future as it is yet to secure bauxite supply to run the plant. Mr Mukesh Kumar President ...
Tags: aluminium, Vedanta Aluminium, company news, bauxite supply t
What do the gold market and the weather have in common? You can forecast both, but predict neither, according to Brien Lundin, chief executive of Jefferson Financial and publisher of Gold Newsletter. Lundin, who also organizes the New ...
Tags: Finance, Gold, Rare Earth, Metallurgy
The United States should take a cue from Canada when it comes to speeding up the environmental approval of mining and energy projects. As US projects wither on the vine due to an excessive and Byzantine environmental approval process (as an ...
Tags: Asia, Canada, China, Rare Earth, USA
The rise of mining costs will have a more dramatic impact on 2013 industry results than in the last couple of years, global ranking agency Fitch Ratings revealed Thursday. According to the firm’s experts, a gloomy macroeconomic ...
Tags: Africa, Coal, Finance, Gold, Iron Ore, Platinum, Potash, Rare Earth, Silver
Business Standard reported that National Aluminium Company has resumed bauxite excavation at its Panchpatmali (North-Central block) mines nearly a month after it shut down operation at the site following expiry of lease deed on November 16. ...
Tags: National Aluminium Company, mining, mineral, mining lease
Northland Resources SA welcomes the decision by the Swedish parliament to initiate a study with the objective of constructing a rail line between Kaunisvaara and Svappavaara in northern Sweden. A rail line means cost efficient transports ...
Business Standard reported that the vigilance department in Odisha has initiated cases against mine owners in connection with illegal mining. Mr Rajani Kant Singh minister for steel & mines said that the miners against whom cases have ...
Tags: vigilance department, Odisha, mine, illegal mining
Iron ore producer BC Iron said that its USD 190 million deal with Fortescue Metals to boost output to 6 million tonnes will not be affected by any sale of Fortescue's infrastructure assets. Fortescue Metals Group said that it was in ...
Tags: iron ore, BC Iron, Fortescue Metals, infrastructure assets
The West Australian reported that Fortescue Metals Group is considering selling a small interest in its rail and port infrastructure. Mr Nev Power CEO of Fortescue Metals Group said that the company was in negotiations with potential ...
Tags: Fmg Closer, Construction, Rail, Port Infrastructure
Economic Times cited a top industry official as saying that the country is likely to import around 15 million tonnes of iron ore this financial year following the virtual halt of mining operations in different parts of the country. Mr ...
Tags: iron ore, mining operations, Federation of Indian Mineral Industries
ccdirector & group CFO of JSPL said that a number of companies are coming out with initial public offers but, JSPL at the moment does not have any plans to list Jindal Power in the near term. He added that they have provided all the ...
Tags: JSPL, Jindal Power, mining operation, mining
Teknomining Plc announced that through its wholly owned subsidiary Teknomining Madencilik Insaat Turizm Ithalat Ihracat Sanayi Ve Ticaret Ltd Sti, it has signed a Mining Royalty Agreement with Teysel Insaat Nakliyat Taahhut Ticaret Ltd to ...
Tags: mining, iron ore price news, copper ore mining, royalty interests
BS reported that after the shutdown of Vedanta Aluminium’s one million tonne alumina refinery at Lanjigarh on December 5th 2012 the Odisha government seems to have woken up, albeit belatedly to the raw material crisis that has ...
Tags: Vedanta Aluminium, tonne alumina, raw material, steel, mines