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Diamond Manufacturers Are Entering an Era of Fierce Competition

Dec 15, 2014

Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...

Tags: Diamond, Cutters, Arts

Indian Finance Ministry Should Review Its Budget Proposal to Increase The Royalty Rate

Aug 13, 2014

On July 22, the Indian industry body ASSOCHAM has suggested the Indian Finance Ministry should review its budget proposal to increase the royalty rate on iron ore from 10 percent to 15 percent with a view to maintaining cost competitiveness ...

Tags: iron ore, domestic industry, Mineral

Two New Mining Projects Start Operating in Mozambique

May 9, 2014

Two new mining project with a high commercial value are due to start operating in June in the districts of Chionde and Ile, in Mozambique's Zambézia province, representing a total estimated investment of US$210 million, according to ...

Tags: Electrical, Electronics

Australia's Giant Resources Sector Is Surging Into a 2-Horse Race Between Iron Ore & Coal

Jan 16, 2014

They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...

Tags: coal industry, Mineral

Duluth Metals' Twin Metals Minnesota Project Pre-Feasibility Is Progressing Well

Jan 9, 2014

Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX: DM.U) is pleased to announce that the Twin Metals Minnesota Project ("Twin Metals") Pre-feasibility is progressing well with a completion date scheduled for mid-year 2014. Over the ...

Tags: Duluth Metals, Twin Metals Minnesota Project, Pre-feasibility

Baogang Plans to Issue 8.255 Billion Shares to Its Controlling Shareholder Baogang Group

Jan 2, 2014

On December 30, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) announced that it plans to issue 8.255 billion shares to its controlling shareholder Baogang Group and six other companies. The total of RMB 29.8 ...

Tags: Baogang, Mineral

Bechtel Has Been Selected by BHP Billiton to Provide Engineering,Project Management

Dec 16, 2013

Bechtel has been selected by BHP Billiton to provide engineering, project management, and construction services for a system that will bring a sustainable water supply to the Escondida copper mine in the Atacama Desert of northern Chile. ...

Tags: mineral, copper

Argentina Expects Investments in The Mining Sector to Total $3.855 Million in 2014

Dec 12, 2013

Argentina expects investments in the mining sector to total US$3.855 million in 2014, officials said "Next year the mining sector in our country will invest over US$3.855 million to start construction of new projects, continue existing ...

Tags: Mining Investments, Mineral

MAC Commends The Federal Government on The Signing of Two New with Tanzania and Guinea

Dec 11, 2013

The Mining Association of Canada (MAC) commends the federal government on the signing of two new Foreign Investment Promotion and Protection Agreements (FIPAs) with Tanzania and Guinea. The FIPA with Tanzania came into force earlier today, ...

Tags: Mining, Metallurgy, Mineral

Ecuador Gold & Copper Corp. Engaged GBM to Carry out an Independent Technical Review

Nov 18, 2013

Ecuador Gold & Copper Corp. (TSX-V: EGX), (the "Company" or "EGX") is pleased to announce that it has engaged GBM Minerals Engineering Consultants Limited ("GBM") to carry out an independent technical review of the Santa Barbara South Zone ...

Tags: Ecuador Gold, GBM, economic, assessment, Santa Barbara, Condor Gold

China's Outbound Investment in The Mining Industry Fell 10.9 Percent Year-on-Year

Nov 6, 2013

Weak commodity prices, a shifting investment environment, and problems with governments and workers prompt Chinese mining companies to slow their expansion abroad, reports Du Juan from Tianjin Chinese investors in overseas mining projects ...

Tags: Metallurgy, Mineral, Energy

China's Overseas Mining Investment Projects Are Facing Obstacles

Sep 27, 2013

China's overseas mining investment projects are facing obstacles, while domestic output is steadily increasing to meet the country's demand, experts said on Wednesday. "To further secure mineral resources, China has accelerated overseas ...

Tags: Overseas, Mineral

Shares in The Nation's Mining Services Contractors Were Hit Again

May 17, 2013

SHARES in the nation's mining services contractors were hit again yesterday on the back of UGL's profit downgrade and stock price plunge, which prompted analysts to cut earnings and price targets for the engineering company. UGL slipped ...

Tags: Mining, economy

LIM and Tata Steel Have Already Settled The Cooperation Agreement

Mar 14, 2013

Labrador Iron Mines Holdings (LIM) and Tata steel have already settled the cooperation agreement, including the sale of a 51% stake in the Howse iron ore. Under the agreement, LIM and Tata Steel Minerals Canada (TSMC) will develop rail ...

Tags: Tata Steel, Steel, Iron Ore

Australian Dollar Fell to Lowest Level Amid an Improved Outlook for European Economies

Jan 30, 2013

The Australian dollar fell overnight to its lowest level in almost a month amid an improved outlook for European economies. It had rebounded to be 104.09 US cents at 6.30am AEDT but is still down from 104.49 US cents on Friday, before the ...

Tags: Australian dollar, European economies, currency

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