In the official opening the firm said it expected to start shipping from Sierra Gorda in November
Marubeni Corp., a Japanese trader that with a partner bought Canada’s Grande Cache Coal Corp. for about $1-billion (U.S.) three years ago, will dispose it for a nominal $1 to a Hong Kong mining investor.
Economics professor and newsletter writer Kal Kotecha says to obtain superior results, you cannot do what everyone else is doing.
Another person in serious conditions.
It would also create a a 15-kilometre long ‘‘super pit’’ from the union of Rio’s Mount Thorley Warkworth and Glencore’s Bulga open-pit mines.
Analysts say this is “make or break” time for the company behind the massive mine, Sirius Minerals.
30,000 tonnes of copper concentrate were sent out Monday.
This is the first fee hike since Hong Kong Exchanges & Clearing Ltd. acquired LME for $2.2 billion in 2012.
With an annual capacity of 2.8 million tonnes the mine is expected to help feed the country’s starved power stations.
The new resource expected to encourage a more efficient use of coal, which has been blamed for the nation's severe air pollution troubles.
The Australian coal sector continues to contract sharply, with hundreds of workers at another Queensland mine set to be told of imminent job losses on Tuesday morning.
Moves seeks to establish Singapore as centre for precious metals after the government removed 7% goods and services tax on investment-grade gold, silver and platinum in October 2012.
Freeport-McMoRan Inc temporarily suspended open-pit mining at its Indonesian mine on Saturday, a company statement said, after four people died in an accident at one of the world's biggest copper mines.
We've heard this before.
Industry body sees demand rising as economic growth lifts consumers’ incomes.
About 50 tonnes of the precious metal reportedly made it into the country only in the past 10 days.
It only spared four of the licences granted since 1993.
Producers’ limited export pipeline capacity coupled with the end of the U.S. summer driving season has tend to lead to oil surpluses, sending prices down. .. Not this year.
Pitru Paksha is upon us, a time when it is considered bad form to make deals of any sort. But times are changing.
Companies said over-staffing in the current environment was threatening the viability of their Australian operations.
The announcement marks the end of a long-dragged dispute between the Colorado-based miner and Southeast Asian nation.
"All that's required is to hand the world’s best mining assets to the world’s best management."
After 4% surge on Monday, benchmark prices resume slide.
In this visualization, every nuclear reactor in the world is shown and broken down by country and life of plant. This includes construction, commercial power generation, and decommissioning of the reactor.
Work on feasibility study for $6bn underground expansion of massive Mongolian copper-gold mine can resume after confirmation tax dispute is settled for $100m less.
Economic slowdown, theft of intellectual property rights are among firms’ top concerns, Asia Pacific Foundation survey reveals
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