Aluminum Surplus Was 419400 Tons Last Year WBMS Says
Aluminum production exceeded demand by 419,400 metric tons last year, compared with a surplus of 1.887 million tons for 2011, the World Bureau of Metal Statistics said. Copper's shortage was 106,000...
View ArticleEuropean 2014 Coal Falls to Record as BofA Predicts Further Drop
European coal prices for next year dropped to a record as Bank of America Corp. said the contract is likely to extend this year's 10 percent decline, forcing producers to reduce capacity. Thermal coal...
View ArticleDayton doesnt favor sand mining moratorium for now
Gov. Mark Dayton says he does not support a statewide moratorium on silica sand mining for now, but he backs tougher regulations. Dayton told the Post-Bulletin of Rochester for a story published...
View ArticleStudy Mercury contamination from illegal gold mining in Perus Amazon mounting...
LIMA, Peru - A study of mercury contamination in a southeastern Peruvian jungle area ravaged by illegal gold mining found unsafe levels of the toxic metal in 78 per cent of adults in the regional...
View ArticleBrixton Metals Announces Grant of Options
March 20, 2013 /CNW/ - Brixton Metals Corporation (TSXV: BBB) (the "Company" or "Brixton") announces that it has granted an aggregate of 4,500,000 options with a ten year term, vesting over a one-year...
View ArticleFortuna reports record net income operating cash flow and sales for 2012
. Record silver and gold production for the year increased to a record 3,987,757 ounces and 20,699 ounces, respectively, at a consolidated cash cost per ounce, net of by-product credits, ...
View ArticleCenter created to set shale-drilling standards
A group of environmental organizations and energy companies formed an independent center that will set standards for shaledrilling in the U.S. The new Center for Sustainable Shale Development (CSSD),...
View ArticleNatural gas development high on energy agenda
Petroleum Corp said. [Photo/China Daily] The future importance of natural gas in the country's energy mix should be prioritized, and policies should be introduced to boost its development, according to...
View ArticleChinese miners ready to bulk up
A record wave of consolidation in China's mining industry is creating bigger companies that will have the muscle to compete with the likes of BHP Billiton for overseas acquisitions. Even after Chinese...
View ArticleAditya Birla Minerals to shut Australia copper mine
Aditya Birla Minerals, part of Aditya Birla Group, is shutting the smaller of its two Australian copper mines as it is struggling to make money at current copper prices. Aditya Birla Minerals said on...
View ArticleMainland gold imports from HK plunge
GOLD imports by the Chinese mainland from Hong Kong fell for the first time in four months in January after a surge in purchases in the previous months to meet the Lunar New Year demand and as...
View Article2013 International Shale Gas Con...
of 2013, the Ministry of Land and Resources announced the second round bid winners of Chinese shale gas exploration right. The third bidding is under planning and will come out this year. In order to...
View ArticleChinas Feb coke exports surge 53 on year triples on month
China exported 120,000 mt of metallurgical and semi-finished coke in February 2013, up 53% from 78,397 mt in the same month last year and triple the 40,000 mt in January, preliminary data released...
View ArticleQld miners promise more local content
PERTH (miningweekly.com) – The Queensland Resources Council (QRC) on Thursday tabled a local content code of practice that would see the state’s resources industry strengthen its ties with local...
View ArticleGlobal nickel output to rise 8.5 pct in 2013 - group
SINGAPORE, March 21 | Thu Mar 21, 2013 3:21am EDT SINGAPORE, March 21 (Reuters) - Global primary nickel output is expected to rise 8.5 percent in 2013 to 1.849 million tonnes, driven by output growth...
View ArticleIndia’s chamber of commerce wants iron-ore import duty cancelled
KOLKATA (miningweekly.com) - Indian industry representative body, the Associated Chamber of Commerce and Industry (Assocham), has approached the Finance Ministry in an effort to correct the inverted...
View ArticleStillwater Mining directors come out swinging at Clinton board takeover bid
Stillwater Mining CEO Frank McAllister is defending his job performance in the news media, as the Stillwater board launches a shareholder campaign to hold onto their ...
View ArticleUPDATE 1-Indonesia awards 14 oil gas exploration blocks many uncontested
Thu Mar 21, 2013 6:02am EDT * Govt considering new incentives for exploration * Total of $15.5 million paid in signature bonuses By Andjarsari Paramaditha and Fergus Jensen JAKARTA, March 21 (Reuters)...
View ArticlePenneco to extend drilling lease in W. Oak
White Oak council unanimously approved the signing of an agreement extension with Penneco earlier this week for a leasing gas drilling privilege at Heritage Hill Park for as long as five ...
View ArticleMining case Suspended IAS officer Srilakshmi surrenders in CBI court in...
OMC ) scam involving former Karnataka minister Gali Janardhana Reddy, surrendered on Thursday before a special CBI court in Hyderabad following the expiry of her interim bail.Srilaksmhi, who was...
View Article