No posts found. Try a different search?

Random News from Mining Top News

Report Shows Long Term Benefits of Gold Mining to Developing Economies

Large-scale gold production has been found to be a major factor in bolstering the economies of developing countries, according to a key report issued today by the World Gold Council (WGC) in partnership with the International Council on Mining & Metals (ICMM) and Oxford Policy Management.
The new report, ‘The Golden Building Block: gold mining and [...]

Tag: developing countries that benefit from economies of scale, benefits of mining in developing countries, benefits in gold investment, advantages of mining, long benefited from

Piedmont Mining Signs Letter of Intent on Gold Discovery at Morgan Pass

Piedmont Mining Company, Inc. announced the signing of a Letter of Intent with Nevada Eagle Resources LLC, a wholly owned subsidiary of Gryphon Gold Corporation (TSX: GGN), to enter into an ‘exploration agreement with option to form joint venture’ on a gold discovery by Duval International in 1985 at Morgan Pass, approximately 12 miles [...]

Tag: sample letter to purchase lng

Shortage of giant tires might change coal mining business 4-48-2

The huge tires that keep the global mining industry rolling are in short supply, causing operators of the Centralia coal mine to rethink the way they do business at the sprawling, 10,000-acre mine that hugs the Thurston-Lewis county line.
As the demand for raw materials such as coal and metals grows to feed the thirsty, growing [...]

Tag: mining tires and water troughs, can coal mines bury tires, tires for huge mines, coal miner tires, heavy hauler tire explained

Full Metal Identifies New High Grade at Nadaleen Project, Yukon Territory

Full Metal Minerals Ltd. announce the results of an extensive surface mapping, rock and soil sampling program from the 100% owned Nadaleen Zinc-Lead-Silver Project, Yukon.
The Nadaleen Project area comprises six prospects staked by Full Metal, targeting carbonate-replacement style deposit (CRD) hosting widespread silver-lead-zinc mineralization.
High grade mineralization was discovered along 3,200 meters of strike length at [...]

Tag: top three lead mines

China’s iron production slows in August due to economy controls

China’s iron production slowed in August to 16.6 percent, 5.9 percentage points lower than the July pace, indicating that government measures to rein in fixed-assets investment may be taking effect.
The figure was released by the National Development and Reform Commission (NDRC) among statistics for the country’s nonferrous metal industry.
The slowing pace comes amid predictions that [...]

London nickel flirts with record on firm demand

Nickel closed within $200 of its recent record high on Monday, supported by demand from stainless steel makers who may have underestimated their needs for 2006.
Nickel for delivery in three months closed at $27,100 a tonne on the London Metal Exchange (LME) falling back after hitting $27,250, only $50 away from last week’s record high.
On [...]

Jaguar signs letter of intent with Glencore and Constellation Copper on proposed restructuring

Jaguar Financial Corporation announced that it has entered into a non-binding letter of intent with Glencore International AG and Constellation Copper Corporation for the purpose of carrying out a proposed restructuring of Constellation as disclosed by Constellation in its press release dated September 3, 2008.
Under the Proposed Restructuring, Glencore and Jaguar will invest $10,000,000 [...]

Asian Mineral Resources Vietnam Nickel Figure Cleared

Asian Mineral Resources Ltd. received Vietnamese government approval for its reserve estimates at a property that may become the site of the first nickel mine in the Southeast Asian nation.
The Ban Phuc property in the northern Vietnamese province of Son La holds proved and probable contained nickel resources of 24,240 tons at a grade of [...]

Tag: bill howell vietnam, bauxite resources vietnam, vietnam nickel copper mine, vietnam copper mine reserve, rare earth vietnam reserve

Big Sky Energy Announces Drilling Operations in Its Dauletaly Block, Western Kazakhstan

Big Sky Energy Corporation announced that its subsidiary KoZhaN LLP has commenced drilling Well DLT-33 in its Dauletaly Block, located on the north shore of the Caspian Sea in western Kazakhstan.
The well will be drilled to an approximate depth of 800m to test the Upper Jurassic sand formation in the Dauletaly Block. This new structure [...]

Tag: dauletaly block kazakhstan, precaspian basin potash, big sky mining company, drilling contractors in kazakhstan, sehsuvaroglu sky

Endeavour Silver Arranges CA$4 Million Special Warrant Private Placement

Endeavour Silver Corp. announces that it has arranged a CA$4 million private placement financing of special warrants brokered by certain Canadian placement agencies. The agents have an oversubscription right to place up to an additional CA$1 million and the financing is expected to close no later than December 30, 2008, subject to TSX and regulatory [...]