A Labor document on uranium mining hints at storing nuclear waste in Australia and identifies sites in Queensland and Western Australia for new mines.
Labor resources spokesman Martin Ferguson created the party briefing in March, before party leader Kim Beazley this week announced a push to scrap Labor’s no-new-mines policy.
The Australian newspaper has obtained a copy […]
India will double uranium capacity this year to meet requirements of its nuclear programmes, a top government official said on Wednesday. “We are in the process of expanding uranium capacity. Projects are already underway and uranium capacity would be doubled this year,” Atomic Energy Commission (AEC) Chairman, Mr Anil Kakodkar, said at a seminar here.
Mr […]
Canadian mining company TVI Pacific is investing 23 million dollars to develop a copper and zinc mine and is looking to buy into others in the southern Philippines, the company said.
“We would like to grow the company, that’s the strategy,” said Yulo Perez, manager of local affiliate TVI Resource Development Philippines Inc., which is producing […]
Nome residents expressed their concerns Thursday about a proposed hard rock mine when Gov. Frank Murkowski appeared at a ribbon-cutting ceremony for the road leading to it.
The $7.3 million Glacier Creek Road was built under Murkowski’s “Roads to Resources” initiative.
“I appreciate you all coming out here and voicing your legitimate concerns,” Murkowski told about 25 […]
Thabex Exploration, a South African mining exploration company, plans to raise R450 million to finance the building of a mine in the country’s Northern Cape province.
Exploration results at its Salt River base-metals project indicated the project to be “sufficiently robust” for the company to raise the funds, Thabex said in a statement to the Johannesburg […]
Unico, Incorporated (OTC BB:UNCN.OB), a natural resource company in the precious metals mining sector, today updated shareholders on progress of reconstruction of the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Reconstruction of the mill and processing facility is designed to improve both efficiency and capacity in processing operations at the […]
Nickel prices vaulted up by 5 percent on Friday as Inco Ltd. said it was starting an “orderly shutdown” of its Voisey’s Bay nickel mine in Canada after workers walked out.
Some 120 employees of a total workforce of 420 walked out at midnight at Voisey’s Bay, one of the world’s largest nickel mines, after talks […]
Investors moved from uranium to molybdenum yesterday, pushing the few players in the sector higher as the sharemarket tumbled in the wake of stronger-than-expected inflation data.
Molybdenum explorer and market debutante Catalyst Metals surged 8¢ to 28¢, 40 per cent above its 20¢ issue price. Catalyst raised $3.2 million to fund exploration of its Minnie Creek […]
Canadian nickel miner Inco Ltd. said Friday its $17.3 billion bid for rival Falconbridge Ltd. has failed and the company is “moving on,” marking an apparent victory for Anglo-Swiss mining company Xstrata PLC in its hostile attempt to take over Falconbridge.
Inco said not enough Falconbridge shares were tendered by midnight Thursday, and it has instructed […]
Deputy Energy Minister, K.T. Hammond, has disclosed that prices of petroleum products in the country are not determined by crude oil prices as is being perceived by sections of the public.
He told Parliament that following government’s decision to deregulate the petroleum downstream market in 1994, pricing of petroleum products has been based on import parity.
“Product […]