Former Australian Prime Minister Bob Hawke is hoping to strengthen the ban on mining in Antarctica. He was joined by former French leader Michel Rocard in Tasmania to persuade more nations to join the mining ban. Michel Rocard is the French ambassador for the polar regions.
The Worldwide Fund for Nature (WWF) has said that toxic mining disasters and industrial accidents are waiting to happen in Eastern Europe. Especially as after a year since the toxic mud spill in Hungary the European Union has been unable to pass any related legislation.
There was trouble in the Philippines as rebel communists raided 3 mining companies disarming the guards and taking managerial employees hostage briefly.
ECR Minerals has got additional 60 days from the date of paying a US$1.3 million of cash to the Unchimé iron ore project’s proprietors in Argentina, to obtain a 70% primary possession interest in the Unchimé project.
Minmetals Resources is to buy Anvil Mining for $1.3 billion. Minmetals Resources is part of China’s largest metals trader and is interested in Anvil Mining for its copper mines in Africa, in particular the Kinsevere project in the Katanga province of the Democratic Republic of Congo.
Glencore International AG is hoping to step into a joint venture in Hong Kong with local mining firms NiHAO Mineral Resources International Inc. and AGP Industrial Corporation. The $2 million project was disclosed to the Phillippine Stock Exhcnage by NiHAO.
BHP Billiton said that the resources industry in Australia will create many jobs over the next five years. They are expecting a demand for 170,000 workers to hit the industry nationwide providing ample job opportunities to the local communities.
Midlands Minerals has engaged the Ghana-based Geodrill to perform a fresh drill campaign at its Kaniago gold project, Ghana.
Cabo Drilling, a drilling services company in North Vancouver, has reported that the company’s Eastern European branch in Albania has secured a primary drilling contract from Empire Mining to drill 1,250 m up-hole NQ underground holes at the Bulqiza 1440 project, which comes under the Bulqiza-Batra License of Empire.
Indian government-owned NMDC is to buy 50% stake in the Australian Legacy Iron Ore. The Rs 92 crores investment, roughly equal to Australian $19 million, will make it the first Navratna company to get into an overseas project of this magnitude.
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