Korea
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South Korean group exits $324 million deal with Cockatoo Coal
A South Korean conglomerate has cited global economic uncertain as a key reason for pulling out of a US$324 million deal with Australia-based Cockatoo Coal.
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World's largest coal company muscling in on world's largest metallurgical deposit
Frik Els | March 26, 2012
"Shenhua is the most competitive bidder for the project given its technology, transport infrastructure, access to the Chinese market and the backing of the Chinese government," Shenhua CEO Ling Wen told reporters.
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Baja Mining urges shareholders: Vote the Gold Proxy
Marketwire - Mining and Metals | March 26, 2012aja Mining Corp. (TSX:BAJ)(OTCQX:BAJFF) today announced that it has filed and is mailing a third and final letter to shareholders regarding the proxy contest initiated by dissident Mount Kellett Master Fund II A L.P. Baja has scheduled a vote to take place at a special meeting of shareholders on April 3, 2012 and urges shareholders to vote the GOLD proxy against Mount Kellett.
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Tata Group looking to partner with South African coal miner
Andrew Topf | March 22, 2012
The Tata Group, India's largest conglomerate, is said to be investigating a joint venture with South African coal producer Increase Coal.
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Africa Resources to invest USD 3.5 million in Tanzania
Steel Guru | December 30, 2011East Africa Resources Limited has executed an Agreement with Korea Resources Corporation for KORES to invest in EAF's Mkuju South uranium project in Tanzania.
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Samsung considering $2.2 billion investment in Australian nickel/cobalt mine
Andrew Topf | November 25, 2011
Powerful Korean conglomerate Samsung Group is said to be considering a $2.2 billion investment in an Australian nickel and cobalt mine, The Australian is reporting.
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Woulfe Mining requests quotation for crushing and grinding plant at Sangdong
Marketwire | July 6, 2011Woulfe Mining Corp. (TSX VENTURE:WOF)(OTCQX:WFEMF) in conjunction with Contromation Indonesia and Wardrop Engineers is proud to announce that the first design package for the ore crushing and grinding system for the Sangdong tungsten and molybdenum Project has been completed and is ready for initial quotation. The design package has been issued to reputable heavy engineering companies in South Korea for quotation.
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New attachments enable cost-effective rock breaking
mining weekly | October 4, 2010Construction equipment supplier High Power Equipment (HPE) Africa reports that it now offers a full range of Korean-built Soosan hydraulic hammer and drill attachments for earthmoving equipment that can help save contractors time and money. Read more
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ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
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