An iron ore project in northeastern Canada whose proponent is calling “the next Consolidated Thompson,” has taken an important step forward.
Alderon Iron Ore Corp. (TSE:ADV) has begun filing material to start the federal and provincial environmental assessment process. The application would allow Alderon to double future annual production at its Kami Project in Quebec-Labrador to 16 million tonnes of iron ore concentrate annually.
Corporate Social Responsibility (CSR) has become a big buzzword in mining, as companies strive to meet increasingly stringent environmental and social obligations, while remainining profitable. ‘Third National Civic Forum and CEO Summit on Building Corporate Responsibility’, hosted by the FGL Open Global Business Society, will discuss these issues at a conference on Oct. 12 in Toronto, Canada.
MINING.com speaks with conference organizer David Mitrovica about why CSR is important in mining, and what conference attendees can expect from the conference in Toronto:
High oil prices seem to have become a fact of life. Many have grudgingly advised that we had better get used to it, and move on. Analysis repeatedly cites insatiable emerging market demand and limited accessible supplies as key factors. It’s tough, if not impossible to refute these arguments, but similar reasoning in the early 1970s led to wacky forecasts. Are today’s triple-digit projections reasonable?
Predictability is a long-sought but elusive state in the modern economy. It seems particularly elusive at the moment. Unusual uncertainty and volatility are delaying the global economy’s healing process. Listen to the the podcast from Peter Hall, VP and Chief Economist with Export Development Canada.
One of the largest metallurgical coal deposits on earth could soon be producing coal for export, thanks to London, Ontario-based Fortune Minerals Limited (TSX-FT). Fortune recently signed a joint venture agreement with POSCO, the third largest steelmaker, whereby POSCO will pay 20% of the capital costs in developing Fortune’s Mount Klappan anthracite coal deposit, located in northwest British Columbia, Canada
Oregon Resources Corporation, the U.S. subsidiary of Australia-based Industrial Minerals Corp., is getting ready to mine chromite, zircon, garnet and high-iron ilmenite from its mineral sands operation at Coos Bay, Oregon. The mine would produce the first saleable chromite in the United States, for use in the foundry industry. Dan Smith, the company’s chief operating officer, tells MINING.com about the project.
Astur Gold, based in Vancouver, is exploring for gold in northern Spain. The company’s Salave property is located a few kilometres from the village of Tapia on the Spanish coast. The company has released its preliminary economic assessment. Astur Gold CEO Cary Pinkowski talks about the study:
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