Asteroid mining Second company announces plans. Time to stake a claim
Deep Space Industries said Tuesday it plans to launch small prospector missions to asteroids beginning in 2015. The goal of asteroid mining is to make space exploration more ...
View ArticleCombined coal stocks held by six Chinese power generators down 3.2 on...
Combined coal stocks held by China's six major power generation companies, in eastern and southern China, averaged 14.653 million mt/day in the week ended Tuesday, down 3.2% from the previous ...
View ArticleASIA FERROSILICON China price rises on tight supply domestic demand
The spot price of 75%-Si ferrosilicon rose to $1,390-1,410/mt FOB China on Thursday, up from $1,380-1,400/mt a week ago, on tight supply and strong demand. But the spot price of 75%-Si ferrosilicon ...
View ArticleSurplus supply keeps coal price in a low ebb
The price of coal is likely to remain bearish this year because of surplus production and the probable further decline of power production, the former head of the National Energy Administration said ...
View ArticleChile Antofagasta CEO sees tight copper market in 2013
The global copper market will remain tight in 2013 and prices shouldn't fluctuate much from 2012 levels, Chilean miner Antofagasta CEO Diego Hernandez told Reuters on Friday. But potential ...
View ArticleSGS To Buy Time Mining Group of Companies In South Africa
Swiss quality inspection services company SGS SA (SGSN.VX) Monday said it has entered into final negotiations to acquire the Time Mining Group of Companies in South ...
View ArticleCenterra confident of Kumtor agreements’ validity
JOHANNESBURG (miningweekly.com) – Gold producer Centerra Gold was confident that the 2009 Kumtor project agreements with Kyrgyz Republic government authorities would hold up under proposed ...
View ArticleIndia’s Coal Ministry CIL differ on overseas asset acquisition strategy
KOLKATA (miningweekly.com) – India’s Coal Ministry and the country’s largest miner and coal supplier Coal India Limited (CIL) have taken a differing strategic stance on ways to tide ...
View ArticleFreda Rebecca pilot plant construction started
JOHANNESBURG (miningweekly.com) – Construction of a pilot plant at Aim-listed Mwana Africa’s Freda Rebecca gold mine, in Zimbabwe, has started, while good progress had been made on the ...
View ArticleChinas Chalco threatens legal action in coal dispute
BEIJING - The Aluminum Corporation of China (Chalco) said on Monday that it would seek legal redress if Mongolia sought to break a coal sales agreement signed in 2011. Mongolia's state-owned ...
View ArticleBasic network in place for North-South copper corridor - Transnet
State-owned utility Transnet Freight Rail (TFR) says the railways infrastructure is already in place to facilitate the export of copper arising from the Democratic Republic of Congo (DRC) and Zambia ...
View ArticleMining Genetic Data Once Considered Junk For Clues About Cancer
Genome sequencing data once regarded as junk is now being used to gain important clues to help understand disease. The latest example comes from the St. Jude Children's Research Hospital - ...
View ArticleNorilsk Nickel asks Kremlin to cancel metals export tax
Norilsk has petitioned the Kremlin for a tax break worth around $500 million per year that, if granted, will help the company pay dividends to its oligarch ...
View ArticleIndustrial Metals Copper plunges on rising global output
Precious metals were mixed on Friday as investors continued to lock in gains after the previous rally. Moreover, upbeat reading of German business confidence eroded safe-haven appeal of the commodity ...
View ArticleRubicon Minerals Provides Construction and Development Update on the Phoenix...
Jan. 28, 2013 /CNW/ - Rubicon Minerals Corporation (TSX: RMX | NYSE-MKT: RBY) ("Rubicon" or the "Company") provides an update on the construction and development of ...
View ArticleNWR says thermal coal prices down 19 in 2013
coal price by 19% following oversupply in its Central European market.NWR has agreed to supply thermal coal at an average price of EUR60/t (US$81/t) for 2013, down from EUR74/t from 2012. Some 80% of ...
View ArticleJaguar Mining makes $5m drawdown for Brazil exploration
JOHANNESBURG (miningweekly.com) – TSX- and NYSE- listed Jaguar Mining has made an initial drawdown of $5-million on its previously announced $30-million standby credit facility with Renvest ...
View ArticleElitheni coal washing plant achieves planned throughput rates
JOHANNESBURG (miningweekly.com) – Aim-listed Strategic Natural Resources on Monday said the washing plant at its Elitheni coal mine, in the Eastern Cape, was achieving its originally intended ...
View ArticleAscot to complete Zambia project beneficiation report in Feb
JOHANNESBURG (miningweekly.com) – Aim-listed metals processing group Berkeley Mineral Resources (BMR) said on Monday that a technical team from Ascot Group arrived in Zambia to survey and ...
View ArticleBeacon Hill ups Minas Moatize coal resource by 31
JOHANNESBURG (miningweekly.com) - Coal junior Beacon Hill Resources reported a 31% increase in the Joint Ore Reserves Committee- (JORC-) compliant coal resource at its Minas Moatize coking coal mine, ...
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