Brazilian mining giant Vale SA (VALE, VALE5.BR) on Thursday said its board of directors has approved a deal to lease for another 30 years a potash mine in northeastern Brazil, from Brazilian oil giant Petroleo Brasileiro SA (PBR, PETR4.BR).
Molycorp Inc. (MCP) reported that more than three-quarters of the Phase 1 rare-earth production at its flagship California manufacturing facility has been […]
Australia edged closer to the creation of a new 10 billion Australian dollar (US$10.02 billion) port focused on exporting coal to Asia when the state of Queensland allocated land to units of Brookfield Asset Management Inc. BAM +2.16% and India's Adani Group for two terminals at Dudgeon Point on Wednesday.
Tri Origin Exploration Ltd. (TOE - TSX Venture),("Tri Origin" or the "Company") is pleased to announce high-grade assay results have been received from a recent trenching program at its North Abitibi gold property located 150 kilometres north of Kirkland Lake in the Abitibi Greenstone Belt of Ontario.
Mining investments could reach $2.8 billion in the Philippines this year if Chinese investors proceed with plans to jointly develop mining projects in the country, a senior mining official said Tuesday.
There is a good chance that an initial target of $1.4 billion could be doubled if Chinese investors follow through in the last quarter on investments they have expressed interest in, Mines and Geosciences Bureau director Leo Jasareno said.
Mosquito Consolidated Gold Mines (TSX-V:MSQ)(US OTCQX:MQCMF - "Mosquito" or the "Company") today announced that the U.S. Forest Service, Intermountain Region, has officially signed the Plan of Operation, the final authorization for Mosquito to begin its exploratory drilling program on National Forest land about 14 miles northwest of Idaho City, Idaho .
One of the largest mining companies operating in northern Peru says that a 7.0-magnitude earthquake that hit Peru Wednesday didn't interrupt operations.
Roque Benavides, chief executive of precious metals mining company Compania de Minas Buenaventura SA (BVN, BUENAVC1.Vl), said in an email message he wasn't aware of any damage from the earthquake on its operations in northern Peru.
Gold futures rose on Wednesday, after posting a nominal record close in the U.S. a day earlier as the metal’s safe-haven appeal continued to lure investors.
A new war has broken out over oil — Canadian oil, that is. Even though Middle Eastern “conflict oil” is central to a new media carpet-bombing campaign being waged.
Santa Fe Gold Corporation SFEG 0.00% today reported its Summit silver-gold mine in southwestern New Mexico is on track to ramp up production in Q4 2011. At the targeted production rate of 400 tons per day, output is expected to increase by 400% from current levels.
Image by Santa Fe Gold Corporation
