Japan is feeling the heat over sharply rising prices for non-ferrous metals, especially rare metals, which are used in a wide range of high-technology products.
Global competition is intensifying for non-ferrous metals, including copper and lead, as well as for such energy resources as oil, natural gas and uranium. Prices have risen sharply in recent years [...]
State-owned smelter Dubai Aluminium (Dubal) will not be able to start a $3.6 billion bauxite alumina project in the Indian state of Orissa in 2009 due to bureaucratic issues, a Dubal official said yesterday.
“Due to the bureaucratic shape in Orissa and negotiations and papers we have to go through, there will be a delay on [...]
Raser Technologies, Inc. announced that an independent geological study has identified three target drilling areas located on portions of Raser’s leased properties in Southern Utah. The geologists judge the sites to be suitable for developing geothermal power plants for the production of clean, renewable electric power.
The identified sites are believed by the geologists [...]
Raser Technologies, Inc. announced that an independent geological study has identified three target drilling areas located on portions of Raser’s leased properties in Southern Utah. The geologists judge the sites to be suitable for developing geothermal power plants for the production of clean, renewable electric power.
The identified sites are believed by the geologists [...]
Atlanta Gold Inc. (ATG) announces the commencement of diamond drilling at its Atlanta Gold property (”Atlanta”) in Elmore County, Idaho. The Company has planned at least 3 drilling programs and expects to drill throughout the remainder of 2007.
Phase I of the 2007 drilling program will include 39 holes of N-sized core (1 7/8 inches in [...]
Mitsubishi Corp., Japan’s largest trading company, and Murchison Metals Ltd. agreed to jointly develop a A$3 billion ($2.5 billion) iron ore project in Australia amid soaring demand for the steelmaking ingredient.
The two companies want to build a port, railroad and develop the Jack Hills mine in Western Australia state, Tokyo- based Mitsubishi said in a [...]
Oil and gas company Aminex PLC said it expects the arrival of the Maurel & Prom’s Caroil-6 drilling rig at its Nyuni/East Songo Songo licence in Tanzania to be delayed by “several weeks” due to problems with mechanical equipment on the rig.
The company said Pan-African Exploration Tanzania Ltd, a unit of Orca Exploration Ltd, which [...]
Mesa Uranium Corp. is pleased to announce commencement of drilling at its 100%-owned Lisbon Valley project in San Juan County, Utah. Bob Beeman Drilling Company of Moab, Utah has been selected as the drilling contractor and Jet West Geophysical Services of Farmington, New Mexico will provide drill hole logging services. Drill programs have been designed [...]
The average number of mining and natural resources jobs in Fairbanks dropped 14 percent in the first quarter of 2007 after five consecutive years of first quarter growth, according to figures from the U.S. Bureau of Labor Statistics.
While preliminary figures show a recovery in the second quarter of 2007, the dip provides a glimpse of [...]
Mechanized mining is steadily depleting gemstones and minerals in Tanzania to the detriment of artisan miners although the government receives mining royalties whose values are never disclosed.
A guru in the world of gemstones warns Tanzania over its dependence on mechanized mining because its artisans will become dry within a short time because of the [...]
