Chinas rare earths giant continues production halt
China's largest rare earths producer on Tuesday announced that it will continue to halt some of its production for a third month to help stabilize tumbling prices. The Inner Mongolia Baotou ...
View ArticleMetgasco to Start Drilling First CSG Exploration Well in 2013
Metgasco disclosed Monday that field work for the first of its coal seam gas (CSG) exploration and pilot wells in the onshore Clarence Moreton Basin will start in January 2013, following the ...
View ArticlePetroVietnam Drilling in Deal to Lease Oil Gear to Lam Son JOC
HANOI - PetroVietnam Drilling and Well Services JSC said Monday it has signed a deal to lease an oil rig to Lam Son Joint Operating Co. for its project offshore ...
View ArticleKipoi stage two DFS confirms project economics
PERTH (miningweekly.com) - Copper developer Tiger Resources on Wednesday reported that the definitive feasibility study on the stage two solvent extraction electrowinning facility at its Kipoi ...
View ArticleNorton to spend A$38m on mining equipment fleet
PERTH (miningweekly.com) - Gold miner Norton Gold Fields would spend some A$38-million on an owner mining fleet to assist in its transition to an owner-operator model at its Paddington operations, in ...
View ArticleSouth Gobi project on track despite minor delays
PERTH (miningweekly.com) - Coal hopeful Guildford Coal on Wednesday told shareholders that its South Gobi coal project, in Mongolia, was on track, despite minor delays. During the latter part of ...
View ArticleBoseto milling operations restarted
PERTH (miningweekly.com) - ASX-listed Discovery Metals has restarted milling operations at its Boseto copper project, in Botswana. The miner temporarily suspended milling following the failure of ...
View ArticleCortona Resources Unity Mining merger approved
PERTH (miningweekly.com) - The Federal Court of Australia has given its approval for the merger between ASX-listed Cortona Resources and Unity Mining, paving the way for the scheme of arrangement to ...
View ArticleAlcoa reports higher Q4 income
PERTH (miningweekly.com) - Aluminium major Alcoa has moved back into the black, reporting an income of $242-million for the fourth quarter of 2012, compared with the loss of $143-million in the ...
View ArticleIndonesia non-oil industry grows 7.27 pct in Q3
Indonesia non-oil and gas processing industry expanded by 7.27 percent at three months ended in September on yearly basis, indicating the good prospect of the industry, a minister said here on ...
View ArticleU.S. energy company ConocoPhillips targets growth in North America
U.S. energy company ConocoPhillips said Friday it will spend 15.8 billion U.S. dollars on capital projects in 2013, largely targeting growth in North America and the exploration of unconventional ...
View ArticleGas2Grid Records High Levels of Methane in Exploration Well Onshore Cebu
Australia's Gas2Grid disclosed in a statement Monday that it has recorded very high methane levels at its Gumamela-1 exploration well at a depth of 1,824 feet (556 ...
View ArticleMalaysias Oil Sector to Stay Robust on Renewed Exploration Interest
Malaysia is poised to emerge as a top petroleum investment spot moving into 2013, as state-backed Petronas places a renewed emphasis on maximizing domestic oil resources, after years of international ...
View ArticleAustralias first cyclone of season forms off western coast
SYDNEY - Australia's first cyclone of the storm season has developed off the country's northwest, but is not expected to affect coastal areas for at least 48 hours as it intensifies, the ...
View ArticleFirst Quantum Takes C$5.1 Bln Hostile Offer To Inmet Mining Shareholders
Quote ). First Quantum directly mailed the takeover bid circular and related documents to Inmet shareholders.First Quantum has formally commenced its offer, which will be open for acceptance until ...
View ArticleSB sanguine about gold in 2013
Gold may average US$1,850 an ounce next year because central banks worldwide will maintain their easy-money measures while real interest rates will be negative, according to Standard ...
View ArticlePRB 8800 coal prices closed mixed on lower volume
Powder River Basin 8,800-Btu/lb thermal coal prices for 2013 were mixed Friday, as trading volumes dropped sharply from the previous day's high levels. CME ClearPort cleared 135 PRB 8,800 swap ...
View ArticleIron ore prices rise on falling inventories
Import prices of iron ore continued to rise last week, with mills replenishing stocks amid a tentative rebound in the steel sector, according to Xinhua's latest iron ore price report released ...
View ArticlePrecious Metals Strong Chinas demand boosts gold
Precious metals rebounded on Tuesday ahead of the closely-watched ECB meeting due on Thursday. Hopes that the Fed will stick to its stimulus measures amid weak state of the jobs market lent support ...
View ArticleTiger Resources Delivers Positive Definitive Feasibility Study for Stage 2 of...
Production of 443kt Cu from Kipoi Central, Kipoi North and Kileba deposits over a nine-year period. Annual production initially 25,000t LME Grade A copper thereafter 50,000t LME Grade A copper ...
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