Whinnen Resources Limited (Whinnen, the Company) (ASX: WWW.AX) is pleased to announce that it has entered into a conditional agreement to acquire 85% of the Fongo Tongo Bauxite Project in the Republic of Cameroon in Africa, for a total consideration of US$8 million.
Payment will comprise US$4 million cash and US$4 million in shares, and will […]
Japan’s Mitsui Mining and Smelting Co plans to produce 123,300 tonnes of zinc in the first half of the year ending in March 2009, up 10.9 percent from a year earlier.
The plan reflects an expected boost from Hachinohe Smelting Co, an affiliated zinc and lead smelter that had been under maintenance over the past year, […]
The Rs 4,000-crore alumina refinery project of Utkal Alumina International Ltd (UAIL) in Kashipur, Rayagada district, seems destined to be further delayed. The project, which has been hanging fire for the last 16 years, is facing fresh trouble from local inhabitants. “Work on the site has stopped for the last three weeks as project-affected […]
Sand Making Machine (namely PCL Vertical shaft impact crusher) is of high-power and low-consumption, which is designed depending on several year’s hard work and study of mechanical mining equipment.
Sand Making Machine absorbed the advanced technology of the same products of Barmac Company of America, now is of the international level. Sand Making Machine plays an […]
Chhattisgarh has earned around Rs.7 billion royalty on coal, bauxite and iron ores during the first nine months of the current fiscal 2007-08, officials here said Monday.
The state, which has nearly 18 percent of the country’s total coal deposits and about 20 percent of nation’s iron ore reserves, earned Rs. 8.32 million royalty revenue in […]
Aluminum Corp. of China, the country’s biggest aluminum maker, said Tuesday that its net profit fell 13.7 percent in 2007 due to lower product prices.
The company, also known as Chinalco, said its 2007 net profit fell to 10.2 billion yuan ($1.4 billion) compared with net profit of 11.8 billion yuan in 2006, it said in […]
ALBA is seeking more than $1 billion (BD378 million) in damages from a US corporation it has accused of corruption, it has emerged.
Court documents obtained by the GDN allege the company paid exorbitant prices for alumina, amounting to hundreds of millions of dollars and which continue to accumulate today.
They state the ‘outrageous’ 15-year fraud […]
Publicly-listed mining company PT Antam Tbk of Indonesia and UC RUSAL of Russia have agreed to jointly develop bauxite deposits in Indonesia.
Antam President Director D. Aditya Sumanagara and UC RUSAL Director for International and Special Projects Alexander Livshits signed a heads of agreement to that effect here on Thursday in front of President Susilo Bambang […]
Alcan Inc. announced that is has opened a new Alcan International Network office in Hanoi, Vietnam. The office, composed of a local sales and marketing team, will offer Alcan and its customers expertise in metals, minerals and downstream products.
“Vietnam has shown rapid growth in recent years and is proving to be a highly attractive […]
After signing a five-year deal with the Saudi Arabian Mining company (Maaden), the Saudi Canadian Mining Services mobilized major capital equipment worth $14 million to Az Zabirah North Zone Kaolin & Bauxite Project for the execution the contract, Arab News reported.
The Chief Executive Officer at the Saudi Canadian company said that it had already completed […]