Ocean phosphate mine proposed
BusinessLive, in a feature article posted Saturday, presents a good summary of efforts made thus far to advance ocean mining.
Latest Stories
China may surpass India as biggest gold market, WGC says
Gold demand in China may surge as much as 30 percent this year as rising incomes boost consumption, helping the country topple as the world's largest bullion market on an annual basis, according to the World Gold Council.
Gold mining in Saskatchewan set to increase
With its massive production potential, northern Saskatchewan is securing its seat as one of the best locations in the world to mine gold.
Indian coal supply gap may widen after state-owned CIL exits foreign acquisition vehicle
India could have trouble closing a shortfall in the supply of coal, after the world's largest coal company pulled out of a consortium to help India buy overseas coal reserves, The Economic Times reports.
Vale losing iron ore marketshare to Rio, BHP
Stricter environmental rules on new mining projects, combined with soaring labour costs, are making Vale SA, the world's leading iron ore exporter, less competitive against Australian rivals Rio Tinto and BHP Billiton.
Iran to become world’s 7th copper producer
A senior Iranian official says the country is set to improve its global ranking in the copper production industry to the world's 7th in the current Iranian year (started March 20).
Nevada’s new gold rush: Technology yields improvements in mine production, safety
Mines are running at full-bore in a modern-day gold rush fueled by never-before-seen prices that make Nevada, if it were its own country, No. 5 in the world for gold production.
Rio Tinto seeks OK for W. Australia iron-ore mine
Rio Tinto PLC RIO -2.50% has unveiled its latest iron ore mine development plans to start the construction next year of its Turee Syncline project in Western Australia, according to referral documents posted Friday on the Australian government's environmental website.
Gold triple bottom & stocks oversold (short term) – Now what?
Gold has now made a bullish reversal on a weekly basis, as price rallied sharply on Thursday and Friday. Support held, which means gold could be on the verge of setting a double/triple bottom around $1,550.
