China plans to purchase overseas iron ore assets to obtain half of its iron ore imports from Chinese-invested overseas mines. With this target, the China Iron & Steel Association (CISA) plans to capture an $80bn iron ore import market back from a few global players. CISA vice-chairman Luo Bingsheng said that the company’s ...
Australia’s Extract Resources is holding talks with Rio Tinto on jointly developing its Husab Uranium project in Nambia and the neighbouring Rossing Uranium mine to capture potential synergies, the company said on Monday. ...
Heavy flooding in Queensland, Australia, has affected the supply of aluminium from Rio Tinto Alcan’s Boyne Smelters. The floods have disrupted road and rail access between Gladstone and Brisbane, leading to the closure of the port of Brisbane. Rio is working out alternative arrangements to supply the material, which includes plans to ship aluminium from ...
he US Environmental Protection Agency (EPA) has revoked a permit for the mountaintop-removal of one of the largest coal mining projects in West SBMChinaia. The agency said that Mingo Logan Coal’s Spruce No 1 coal mine would lead to unhealthy levels of salinity and toxic levels of selenium. The permit for the 9.3 million square ...
Spot gold edged higher on Monday, after losing 3,5% in the first week of 2011, as fears over the euro zone debt crisis buoyed appetite for bullion, and bargain hunting in the physical market provided support. Spot gold edged up 0,4% to $1 373,99/oz by 0:347 GMT US gold futures also gained 0,4% to $1 ...
Crushing ore is the focal point of any mining, excavation or dig project. No matter what you are mining for, from base metals, gravel and coal to iron, copper and other minerals you will need to crush large ore down for further processing. There are several types of mining equipment that will quickly and efficiently ...