Baosteel Group, China’s largest steelmaker, and a rival, Wuhan Iron & Steel Group, are seeking to invest in iron ore projects in Australia to secure supplies to meet rising demand.
“We are looking closely at potential iron ore projects,” Zhang Yong, Baosteel’s Australian investment manager, said in an interview before a mining conference that started Tuesday [...]
A disclosure from the Murmansk region of northwestern Russia that a delegation of Barrick officials recently tabled a plan to invest more than $600 million to mine for platinum group metals (PGM) has drawn a sharp denial from Norilsk Nickel, Russia’s dominant PGM miner.
“I’ve never heard of anything regarding this project,” Norilsk Nickel’s spokesman Victor [...]
Metal mining claims on federal lands in the West have increased almost 50 percent in the past four years, in large part because a resurgence in nuclear power has led to a renewed interest in uranium exploration.
An advocacy and research organization said Thursday its review of Bureau of Land Management records found that the number [...]
Magnus International Resources, Inc. announced today that it has entered into a letter of intent to acquire African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its mineral portfolio into Africa, which holds 55% [...]
Magnus International Resources (”Magnus”) “the Companyâ€)
NASD OTC-BB: ‘MGNU’) announced today that it has entered into a letter of intent to acquire
African Mineral Fields, a company which holds an exclusive option to acquire 100% interests in
four gold projects in Uganda. The acquisition comes as part of Magnus’ decision to expand its
mineral portfolio into Africa, [...]
Coal is one of the most important, burgeoning industries in the Mudgee region with the existing Ulan Coal, Wilpinjong and Charbon mines as well as proposed mines for Moolarben, Bylong, Running Stream and Airly.
Coal mines in the Mudgee region are part of a larger belt of coal deposits stretching from the Queensland border through Moree, [...]
