Eastern Platinum has been granted a new order mining right for the Crocette section at its Crocodile River mine in South Africa meaning the firm can begin the development of the project.
According to Ian Rozier, President and Chief Executive Officer of Eastern Platinum, the mining rights were granted by the Department for Minerals and Energy […]
Eastern Platinum has been granted a new order mining right for the Crocette section at its Crocodile River mine in South Africa meaning the firm can begin the development of the project.
According to Ian Rozier, President and Chief Executive Officer of Eastern Platinum, the mining rights were granted by the Department for Minerals and Energy […]
Uranium explorer Brinkley Mining saw its shares rise sharply as it confirmed it had received an early stage bid approach.
“The company notes the movement in its share price today and confirms that it has received an approach which might lead to an offer being made for its shares,” it said in a brief statement.
The South Dakota Water Management Board has approved new rules for injection wells for uranium mining operations proposed for the Black Hills region.
The water board approved the rules Thursday after listing to public testimony the previous day.
State environmental officials say it will be at least two years before any mining begins.
Despite a drop in the volume of oil imports, South Korea’s import bill rose sharply this month from a year earlier as international crude prices shot up, government data showed Sunday.
The country imported US$6.3 billion worth of crude in the first 27 days of March, with the amount likely to hover above $7.1 billion for […]
Monday, the media reported that the Indian Government-owned National Mineral Development Corporation Ltd., or NMDC, the largest iron ore producer and exporter in India, is negotiating with Canadian-based New Millennium Capital Corp., or NML, to develop one of the world’s largest underdeveloped low-grade magnetite iron-ore deposits project, valued at $3.5 billion or Rs.14,000-crores.
Besides developing the […]
Vale , the world’s largest iron ore miner, said on Tuesday that talks aimed at buying Swiss rival Xstrata had failed and that Vale would look at other potential takeover targets.
“Given that an agreement was not reached, discussions between the parties have been discontinued,” Vale said in a statement to the local market regulator. Vale […]
Wits Basin Precious Minerals Inc. has recently amended its purchase agreement for the Ma Anshan iron ore property in the People’s Republic of China to include a production incentive to deliver one million tonnes of iron ore concentrate by December 31, 2010.
“Obtaining this tonnage incentive was critical for our lenders and our shareholders,” stated […]
SHARPE RESOURCES CORPORATION: Sharpe has completed letters of intent agreements and deposits to purchase interests in two separate coal mine properties in Eastern Kentucky for $850,000. The projects are expected to close in less than 30 days. One of the projects is located in Pike County, Kentucky and the other is located in Lawrence County, […]
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 […]