Plexmar Resources Inc. report that it has signed, through its subsidiary, a letter of intent with Minera Ucucha S.A.C. for the exclusive commercialization and production rights for the top 100 meters on all the concessions part of the Bolsa del Diablo project. In return, Ucucha will obtain all necessary authorizations from the local communities to [...]
GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of [...]
Eight coal mine operations in five states, including three from West Virginia, gained top honors in the annual competition overseen by the U.S. Office of Surface Mining Reclamation and Enforcement.
“These awards recognize the highest achievements in innovative techniques, reforestation, preparing mined land for long-term agricultural use and building enduring community infrastructure,” said Brent Wahlquist, OSM [...]
Research and Markets has announced the addition of the “Mining and Mineral Extraction Machinery in Russia 2008. Development Forecasts for 2008-2011″ report to their offering.
This Mining and mineral extraction machinery in Russia 2008 describes and analyses the Russian market for machinery used in the mining, extraction, processing of and exploration for minerals, metals, coal, oil, [...]
Research and Markets has announced the addition of the “China Industry Research and Investment Analysis: Iron Ore Mining Industry, 2008” report to their offering.
The unprecedented growth seen in China, India and Russia has created strong demand for iron ore. China itself consumes over 50% of the world’s iron ore production. The shortage of iron ore [...]
Frost & Sullivan presented General Cable with the 2008 North American Frost & Sullivan Award for Growth Excellence in the Energy Cables market. The Award recognizes General Cable for serving a diverse set of customers, with wide ranging applications, on a truly global scale.
The company has achieved consistent growth in the world interconnects space – [...]
Indonesia plans to limit the area that metal and coal miners can explore to prevent domination by a few companies, a legislator said on Monday, a move analysts said could hurt already poor levels of investment.
Indonesia has some of the world’s largest deposits of coal, copper, tin, nickel and gold, and is keen to earn [...]
Findings of a new study on gold mining operations in the country launched yesterday have revealed that the government lost an estimated USD400m (more than 400bn/-) over the last ten years in low royalties, unpaid corporation tax and tax evasion.
The study, entitled: “A Golden Opportunity - How Tanzania is failing to benefit from gold mining,“ [...]
Export duties being imposed on mining companies by Argentina’s government will not affect exploration or investment in the country, the country’s top mining official told reporters on Monday.
Mining Secretary Jorge Mayoral also said that legal actions against the tax by mining giants Rio Tinto, Xtrata and other companies were unlikely to proceed to international courts.
Mayoral [...]
ALBA is seeking more than $1 billion (BD378 million) in damages from a US corporation it has accused of corruption, it has emerged.
Court documents obtained by the GDN allege the company paid exorbitant prices for alumina, amounting to hundreds of millions of dollars and which continue to accumulate today.
They state the ‘outrageous’ 15-year fraud [...]
