Archive for the 'Mining News' Category

Indian Firm Commits $5 Million to Coal-Powered Energy

India’s Era Engineering Innovations (EII) has committed an investment of US$5 million into coal-powered energy generation in Zambia following the just-ended Conclave on Indo-Africa Project Partnership in New Delhi.
Commerce, Trade and Industry Minister, Felix Mutati, who led the Zambian delegation to the meeting signed a Memorandum of Understanding (MoU) with EII director, Ajay Mishra over […]

March 24th, 2008 - Posted in Alternative Energy, Coal, Mining News

Sand making machine, Sand maker

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 […]

March 24th, 2008 - Posted in Bauxite, Equipment, Mining News

2007 big for cleaner energy

Despite a swarm of economic problems and rising fossil fuel costs, last year was a banner year for clean energy, according to an outlook report by Clean Edge, a research and publishing firm.
According to Clean Edge’s report, biofuels (global production and wholesale pricing of ethanol and biodiesel) reached $25.4 billion in 2007 and are projected […]

March 23rd, 2008 - Posted in Alternative Energy, Mining News

Global Steel goes abroad for coal, iron ore mining sites

Ispat Industries’ promoter Pramod Mittal-owned Global Steel Holdings Limited has signed up mining leases for iron ore and coal reserves in Brazil, Colombia and Mozambique.
A GSHL spokesman confirmed the development, saying it has signed multiple iron ore leases with Brazil and for thermal and coking coal exploratory blocks with Colombia and Mozambique.
While the spokesman […]

March 23rd, 2008 - Posted in Iron Ore, Mining News

China steel association denies boycott of BHP Billiton, Rio Tinto iron ore

The China Iron & Steel Association (CISA), a semi-official industry organization, has denied media reports that Australia’s largest miners BHP Billiton Ltd and Rio Tinto Ltd have been banned from selling iron ore in China.
CISA vice chairman Luo Bingsheng said there was no such ban at a media briefing here.
However, Luo also told reporters that […]

March 23rd, 2008 - Posted in Iron Ore, Mining News

Ashburton Minerals Announces Uranium and Copper Anomalies at Sunday Bore

Ashburton Minerals announced excellent first-pass results of a surface geochemical survey completed over the Sunday Bore Project (E09/1308) in WA which indicate the presence of two uranium anomalies and one copper anomaly within the project area. In addition, field observations have identified the possible continuation of the Gifford Creek Carbonatite Complex into the project area. […]

March 21st, 2008 - Posted in Copper, Iron Ore, Mining News, Press Release

Sical Iron Ore Terminals has Rs.3.4 bn financial closure

Sical Iron Ore Terminals Limited (SIOT) promoting the 12 million tonne per annum (tpa) iron ore terminal at Ennore Port here has achieved financial closure.
The company, which is a 89:11 joint venture between Sical Logistics Limited and L&T Infrastructure Development Projects, signed the Rs.3.4 billion funding deal with a consortium of lenders led by Yes […]

March 21st, 2008 - Posted in Iron Ore, Mining News

Utah Coal Mine Cited for Explosive Hazards

The government ordered a $420,300 fine after finding safety violations at a Utah coal mine.
Federal regulators say they assessed the fine against Andalex Resources Inc. for accumulations of coal dust and hydraulic oil on equipment at the Aberdeen coal mine in 2006 and 2007. The mine is near Price in Carbon County.
The government says dust […]

March 21st, 2008 - Posted in Mining News, Nickel

BHP to buy nickel from JV partners

Metallica Minerals Ltd and joint venture partner Metals Finance Corp have entered into a nickel supply agreement with BHP Billiton Ltd.
Shares in Metallica and Metals Finance jumped on the news, up 13.64 per cent and 10.64 per cent respectively at 1115 AEDT.
BHP Billiton has agreed to purchase all of the nickel from the mining juniors’ […]

March 21st, 2008 - Posted in Mining News, Nickel

Brazil Oil and Gas Production Up 2.3 Percent in February

Oil and gas production in Brazil was up 2.3 percent in February over the same month the year before, the state-run oil company said Wednesday.
Petroleo Brasileiro SA announced that average daily production in February reached 2,129,420 barrels a day last month, an increase of 0.56 percent over January.
The company said it expected oil production would […]

March 21st, 2008 - Posted in Mining News, Mining Stocks, Oil and Gas