The many “typical” issues with downside potential that markets have been dealing are still some ways away from sufficient resolution to calm markets. One that has slipped off the economic pages, but is still causing much chatter on the political front, is the ongoing movement in the Arab world for changes of government. Though not as up front with the market crowd as when it began, it is still having its impact on markets.
The mining industry’s first large scale dedicated conference on In-Pit Crushing and Conveying is only three months away now. The program of 24 speakers is largely complete, with a broad mix of mining groups, consultants and OEMs scheduled to talk in-depth on a range of issues from truck / shovel versus IPCC to relocation of IPCC systems and conveyor systems for waste handling. The presence of a diverse range of stakeholders will make for the most comprehensive debate on this technology to date.
Bearing Resources announced that the Company has entered into an option agreement with Eastfield Resources Ltd. ("Eastfield") to earn up to a 65% interest in the 12,113 hectare Zymo copper-gold project ("Zymo"), located 45 kilometres west of the town of Smithers, British Columbia. Exploration work carried out to date at Zymo, including surface sampling, geophysical testing and core drilling has identified a large copper-gold porphyry system. Four distinct porphyry targets have been identified over an open ended nine kilometre by three kilometre area defined by a coincident copper in soil and induced polarization ("IP") chargeability anomaly.
Industry advocates and environmental groups sparred over the issue of heavy crude shipments as U.S. lawmakers push for an oil sands pipeline […]
Global steel production is set to rise to 1.5 billion tons in 2012 and due to increasing costs many ferrochrome and chrome ore producers will increase prices. The devaluation of the dollar, higher labour and fuel costs have led to a substantial increase in costs of ferrochrome and chrome ore production centred in South Africa, Kazakhstan, India, Zimbabwe, Turkey, Oman, Pakistan, Iran and Albania. There is no substitute for chrome in the steel-making process and some 90% of the chromite mined worldwide is converted to ferrochrome, used in the production of stainless steel.
Industry advocates and environmental groups sparred over the issue of heavy crude shipments as U.S. lawmakers push for an oil sands pipeline […]
Dreams of success seldom come true in the risky junior exploration sector but, assuming great success, investors have driven gold stock prices up into multiples of their true value. Judging from what they tell The Gold Report in this exclusive interview, that's how Global Resource Investors Founder Rick Rule and Exploration Insights Author Brent Cook see it.
KWG Resources Inc. has received the final report from Xstrata Process Support on its Big Daddy chromite metallurgical testing. Also, the company […]
In 1946, in New York City, the Anti-Trust Division of the Department of Justice filed a complaint against Inco and its wholly owned U.S. subsidiary, International Nickel Co. Inc. Canada's Inco, at the time, owned 90% of the world's nickel ore and supplied 90% of U.S. nickel needs.
Taseko Mines is inviting public discussion on its revised plan for developing a controversial gold-copper mine in British Columbia. Information on the project and a commentary section are found at http://www.newprosperityproject.ca. Taseko announced in February it is taking another run at Prosperity after the federal government rejected it last fall. Under the revisions, the company plans to spend another $300 million, pushing the project's capex to $1.1 billion. Image by Taseko Mines Ltd.