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 will continue until 2011. With...
Mining Top News provides you with a wide range of mining news coverage of mining industry and its related sectors. In general it covers a comprehensive reporting of Bauxite Mining, Platinum Group Metals, Phosphate Mining, Coal Mining, Copper Mining, Mining Equipment, Iron Mining, Mining Stocks, Mining Services, Mining Contractors, Nickel Mining, Oil and Gas, Precious metal, Diamond Mining, Zinc Mining,...
Nickel hit a new high on the London Metal Exchange on Wednesday but drifted lower later in the day, along with other base metals on profit-taking ahead of today’s U.S. Federal Reserve meeting, traders and analysts said. Nickel for delivery in three months, which has risen by some 53 percent this year, touched a new all-time high of $51,800 on Wednesday. “The consistent uptrend in nickel...
Mindoro Resources Ltd. is pleased to provide an update from the Agata nickel laterite project, where five coring drill rigs are in operation. Both limonite and saprolite horizons of the laterite are substantially thicker than anticipated, not only increasing tonnage potential, but also expanding market potential for the higher-value nickel material in the saprolite horizon. Haul road design and environmental...
SEATTLE – The Bush administration has objected to a proposed open-pit coal mine in Canada near the Montana border, citing the potential for irreversible environmental damage to Glacier National Park, pristine trout streams and the largest natural lake in the West. The objection — in a Feb. 23 letter from the State Department to the provincial government of British Columbia — comes...
Ever wonder who the top uranium miners are? Here are top 10 uranium-producing countries by tonnes U, and the top 5 uranium miners by market capitalization. You’ll notice some interesting relationships in the country data, and may recognize a name or two in the market cap section. These are just some ideas to get you thinking about possible uranium investments. It’s not too late to make...
The FTSE 100 index edged lower by mid-session on Friday after hitting a new six-year closing high in the previous session, as mining and oil stocks were weighed down by weaker commodity prices. Oil stocks led the FTSE 100 losing sector with crude prices easing below $58 a barrel as some investors focussed on forecasts for milder weather in the world’s top energy consumer, the United States,...
How the mighty have fallen. Copper, one of the most prolific commodity fund darlings of the great 2006 bull market has fallen on hard times. There was a time in early 2006 when it looked like there was no limit as to how high copper prices could rise. The housing market in the U.S. had not turned all the way down yet and demand from China looked insatiable. Copper has many industrial uses, not the...
South African shares closed weaker on Friday with Harmony Gold’s shares leading the blue chips lower on the back of a worse-than-expected 33 percent drop in headline earnings per share. The Top-40 blue chip index slipped 0.55 percent to 23,151.11 points and the broader All-Share index shed 0.4 percent to 25,679.19 points. Harmony, the world’s fifth-biggest gold producer, posted a 33 percent...
The FTSE 100 slipped into negative territory as continued weakness among mining stocks and weak trading on Wall Street offset a host of vague merger and acquisition rumours. At the close of trade on Friday, the FTSE 100 index was down 41.3 points at 6,228.0, nearing session lows of 6,226.4. Volume was below average with 2.6 billion shares changing hands in 428,536 deals. Vodafone held to its status...