The iron ore output for China rose by 2% in the month of August 2010 to reach 99.58 million tons. This is the second highest production on record.
Rio Tinto announced that it is increasing its stake in Ivanhoe Mines, a Canadian mineral exploration and development company which is currently developing the world's largest undeveloped copper-gold project in the South Gobi region of Mongolia.
Caerus Resources Corporation (TSX VENTURE:CA) provided an exploration update on its El Cafatel Gold Mine in Colombia.
The demand from the Greens Senator to stop all new uranium mines sent a shiver through the mining industry before the federal Resources Minister Martin Ferguson responded firmly with reassuring statements.
The Argyle diamond mine in Western Australia is going to receive an injection of cash to the tune of $803 million from Rio Tinto for major upgrades.
Arafura Resources Ltd (ASX:ARU) is hoping to become the world's biggest supplier of rare earths thanks to a scientific breakthrough.
By Joel Scanlon
13 Sep 2010
The largest iron ore producer in the world Vale SA has borrowed $1.23 billion from banks in China for buying ships from a Chinese shipyard.
The Karnataka state government's desperate plea to the central government in India to ban the export of iron ore met with sensible resistance to the impractical idea.
By Joel Scanlon
13 Sep 2010
The Australian Pipeline Industry Association has high expectations for the next decade.
The Chief Executive of the APIA, Cheryl Cartwright said that they expect $10 billion worth of high pressure gas pipelines to be b...
By Dr. Cameron Chai
13 Sep 2010
John Holland Group will be developing a port associated with Rio Tinto's Cape Lambert iron ore project.
Alrosa, Russia's largest diamond company, has posted a profit of $70 million for its Catoca diamond mine located in Angola. The mine situated near the town of Saurimo in north east Angola sold about 7 million carats of gems earning a gross production value of $122.6 million.
By Dr. Cameron Chai
12 Sep 2010
Lithium Americas has provided a timeline for the completion of the feasibility study for its Cauchari lithium and potassium resource in Argentina.
By Dr. Cameron Chai
12 Sep 2010
Kenmare Resources PLC will join the FTSE 250 index of shares on the London Stock Exchange after the quarterly review of the London Stock Exhange's FTSE UK Index Series. The changes will be applicable from Monday September 20, 2010.
The sale of 10 per cent stake in Manganese Ore (India) Ltd. as part of a sale of state assets has been approved by the Indian cabinet.
By Joel Scanlon
12 Sep 2010
Queensland Coal Industry Rail Group or QCIRG has been unable to meet its own or the government's requirements for the coalition of a group of mining companies to set up a state coal freight network. The coal companies led by BHP Billiton have failed to acquire the bid and did not elaborate on the reasons.