Resource Finance & Investment Limited announce receipt of the latest quarterly update from Industrial Minerals (IDM). IDM advised that following completion of the drilling program, the previously stated 1.38 million short tons of probable ore reserve moved to proved ore. This raised the total of proved ore to 8.68 million short tons.
IDM has also confirmed [...]
Quadrem Professional Services is offering companies in the Mining and Metals industries a new on-site, two-and-a-half-day class, “Strategic Sourcing: Seven Steps to Sourcing Success.” This workshop helps procurement and sourcing teams identify qualified suppliers, optimally manage RFP events, and negotiate effective contracts.
The class agenda includes a lecture for each of seven modules followed by a [...]
Strategic Natural Resources Plc., set up as a vehicle to develop, own and manage natural resource extraction enterprises in South Africa, said it has received permission to start opencast mining for coal on a 1.5 hectare site in the Elitheni prospecting area.
The company said permission has been granted by the South African Department of Minerals [...]
Strategic Natural Resources Plc., set up as a vehicle to develop, own and manage natural resource extraction enterprises in South Africa, said it has received permission to start opencast mining for coal on a 1.5 hectare site in the Elitheni prospecting area.
The company said permission has been granted by the South African Department of Minerals [...]
Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in [...]
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, [...]
ZAMBOANGA Peninsula’s rich mineral resources continue to lure both foreign and local mining firms to invest in this region.
This is the assessment of the Bureau of Mines and Geosciences regional office after it received, at least, 94 large-scale mining applicants this year.
Mines and Geosciences Bureau Regional Director Constancio A. Paye, Jr. noted that aside [...]
China has raised the capital threshold for projects converting coal to liquid fuel to brake a possible overheating in the coal-chemical industry, as excessive development of the fossil fuel pollutes the environment and strains the water supply.
On July 7, the National Development and Reform Commission (NDRC), China’s industrial watchdog, issued a circular requiring local governments [...]
