A mining company says a new sales agreement to sell its product to Asia should allow a $100 million copper project to proceed.
Copperco says under the deal with resources giant Glencore, 19,000 tonnes of copper per year will be exported to Asia from the Lady Annie mine being developed near Cloncurry in north-west Queensland.
Copperco’s Brian [...]
Copper futures in Shanghai rose from a nine-month low following a reduction in global stockpiles and speculation that China, the world’s largest consumer of the industrial metal, may step up imports.
Inventories monitored by the London Metal Exchange fell by 2.7 percent, the most in three months, to 192,975 metric tons Jan. 19, with the biggest [...]
A plant scheduled for construction in Indonesia is intended eventually to be able to turn low-grade coal into a higher grade version of the fossil fuel.
The factory — being developed by Kobe Steel Ltd. and Indonesia’s Economy, Trade and Industry Ministry — would be the first of its kind [...]
Tattooed Steel announces that it is broadening it’s collection of stainless steel accessories to include the new Copper Collection at the Project New York trade show January 22-24, 2007.
The Copper Collection, including cuffs, dog tags, and other accessories has been inspired by the imagery and solace found in the ancient arts of the Himalayas and [...]
Coal miner UK Coal will have production restricted at its Daw Mill mine for about four weeks following a fatal accident last week caused by a fall of ground.
In a statement, UK Coal said that the Health and Safety Executive has issued an order which calls for a systematic review of ground control requirements in [...]
Kawasaki Kisen Kaisha, Ltd. , is pleased to announce the launching of the “Corona Lions,” a new 85,600 DWT-type coal carrier at Oshima Shipbuilding Co., Ltd., Japan, on 22 Jan, 2007.
The Corona series, which “K” Line originated and continues to develop, consists of epoch-making coal carriers equipped with wide beam and shallow draft, which is [...]
Xstrata has exercised an option to acquire 82 percent of Highlands Pacific Ltd.’s interest in the Frieda River copper project in Papua New Guinea, Highlands said on Monday.
The company said it believed Xstrata’s involvement showed the development potential of the copper and gold deposit.
Xstrata, which would become project operator, would have to complete a [...]
The explosion of two mines wounded five children on Saturday in Thmor Pouk district, Battambang province, some 250 km northwest of the capital city, police source told Xinhua by phone.
Two of them were heavily injured, while the other three slightly over the blast in Sre Laor village, said Yort Rai, Deputy Police Chief of the [...]
Even as Gov. Brian Schweitzer looks to federal intervention in a transboundary dispute with British Columbia, his Canadian counterparts are seeking to resolve the issues locally.
“British Columbia recognizes and indeed shares many of Montana’s concerns,†Canadian officials wrote to state lawmakers last week. “B.C. has maintained the position that issues are best resolved through an [...]
Icy roads and a few cases of the flu prevented some scheduled speakers from attending the 48th anniversary of the Knox Mine Disaster, but the audience heard their words regardless.
On Jan. 22, 1959, the Susquehanna River burst through the River Slope mine of the Knox Coal Co. in Port Griffith, killing 12 miners.
Survivors and [...]
