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.
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.
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.
Don't look now, but vanadium demand is ramping up, according to Jon Hykawy, head of global research with Toronto-based Byron Capital Markets. Vanadium is mostly used to strengthen steel, but the metal could see its demand dramatically increase if battery manufacturers start using it to boost power output in lithium-vanadium cells. In this exclusive interview with The Gold Report, Jon talks about some potential demand drivers for vanadium and some companies looking to capitalize on the impending boost in vanadium use.
FLSmidth is being awarded a contract worth approximately EUR70 million by Afcons Infrastructure, India who signed a contract worth approximately $200 million with Jordan Phosphate Mines Co (JPMC) for a new phosphate rock terminal. The terminal will be located about 25 km south of Aqaba – Jordan.
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