Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia's efforts to diversify its economy away from hydrocarbons.
Phosphate Mining News
King Salman inaugurated the Waad Al-Shamaal mining project, which is expected to boost the kingdom's GDP by $6.4 billion and its non-oil GDP by 3%.
The project is part of an industrial scheme aimed at opening up Saudi's north to development that will boost job creation.
The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.
The South American miner wants to retain control of the TIPLAM port terminal, which is an asset originally included in the deal.
Sulphur prices rose to about $110 a tonne this quarter, $36 more than what the product cost last quarter.
Anglo hopes to get $1 billion bids for its niobium and phosphate assets next week
North America's highest mines are all concentrated in just four states
The open-pit mine – the largest in Canada near an inhabited area – is expected to create 475 construction jobs and 375 permanent positions.
The Quebec government has given the go-ahead to build a controversial phosphate rock mine in a region best known for Canadian iron ore mining.
Trend of mine production moving to emerging economies will continue.
At the conclusion of my Skype interview with Brent Cook a couple of weeks ago, he told me to reach out to the folks at Focus Ventures to learn a bit more about what they are doing at their Bayovar 12 phosphate project in Northern Peru.
The funds will be used to develop a variety of industries including the mining sector.
Mining will be one of the country's 'pillars of development.'
Investors should worry less about the right balance of specific commodities and more about the right mix of early-stage, development-stage and producing companies.
Giant fertilizer company sees Q3 profits drop 70% as potash and phosphate prices and sales slide.
Companies say they haven't heard of it.
Eagle Star Minerals receives more excellent pit results and expands lateral continuity of the high-grade zone at the Bomfim Hill, which remains open in all directions
The company announces excellent results from Pits 3 and 4 returning 15.42% P2O5 over 5 meters and 23% P2O5 over 1.5m average grade respectively.
The report is based on target areas of Tin Hina and Alfatchafa in Mali. The report validates an Inferred Mineral Resource of 32 million tonnes at a grade of 23.4% P2O5 (at a cut-off of 5% P2O5).
BusinessLive, in a feature article posted Saturday, presents a good summary of efforts made thus far to advance ocean mining.
GIW Industries, the leader in the design, manufacture and application of heavy-duty, centrifugal slurry pumps, announced that global talc producer Mondo Minerals has installed GIW's High Volume Froth (HVF) pump at its talc processing plant in Outokumpu, Finland. During the pump's first month of operations, the plant was able to stabilize the flotation process and eliminate a safety hazard.
Takeover Offer by Minemakers Limited for UCL Resources Limited First Supplementary Bidder's Statement
Minemakers Limited (TSX:MAK)(ASX:MAK)(NAMIBIAN:MMS) wishes to inform the market, that a copy of the following has been today lodged with the ASX: TORONTO, ONTARIO--(Marketwire - March 1, 2012) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Minemakers (ASX: MAK) shares jumped about 20% today, following media reports that major Indian company NMDC has plans to acquire the company’s Wonarah rock phosphate reserves.
Rum Jungle Resources Limited has received an initial assessment of the Resource potential of the drilled grid area at Barrow Creek 1 from the Independent Geologists. The Company is extremely optimistic with these early favourable results that a major new resource of world class can be established by increasing the drill grid to incorporate an additional 20,000 metres of drilling in the current field season.
Add Angola to your Australian REE explorer watch list.