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Иран цөмийн салбар дахь шинэ ололтоороо үзэсгэлэн гаргалаа
May 13, 2014 13:37
Иран 11-ний өдөр цөмийн салбар дахь хамгийн сүүлийн үеийн гурван ололт үр бүтээлээрээ амжилтын үзэсгэлэн гаргалаа. Ираны Ерөнхийлөгч Хассан Рохани үзэсгэлэнгийн нээлтийн ёслолд оролцон үг хэлэхдээ, Иран цөмийн зэвсгийг судалж байна гэсэн шүүмжлэлийг дахин няцааж, цөмийн эрчим хүчийг зөвхөн энх тайвнаар ашиглана гэж илэрхийллээ.         Ираны мэдээ телевизийн мэдээлснээр энэ удаагийн үзэсгэлэнд дэлгэгдсэн цөмийн судалгааны хамгийн сүүлийн үеийн гурван шинэ...
BHP Billiton ready to offload Guinea iron ore stake
May 13, 2014 12:31
Much like the larger Simandou deposit, Mount Nimba have yet to start commercial production due to political instability in Guinea in past years and questions over the preferred route to ship the iron ore to market. Shares in ArcelorMittal (NYSE:MT), the world’s No.1 steelmaker, were up 2.25% to $15.91 on late trade Monday on reports the company was close to becoming the buyer for BHP Billiton’s (ASX:BHP) stake in a major Guinean iron-ore deposit. According to The Wall Street...
Mining CEO arrested, India’s multimillion dollar coal mine contract in jeopardy
May 13, 2014 12:29
Thiess’ Pakri Barwadih coal mine, India. Leighton Holdings (ASX:LEI), Australia’s largest construction company, said Monday that a senior executive at its Indian mining subsidiary had been arrested, and warned it might lose a multimillion dollar contract to develop and operate a $5.5 billion coal mine in India. The company, controlled by Spanish construction group ACS, said Thiess Minecs Chief Executive Raman Srikanth had been arrested in Hyderabad in the southern Indian state of Andhra...
Huge rally in copper price
May 13, 2014 12:28
Upward spiral In late afternoon New York trade on Monday July copper changed hands nearly 2% or 6c a pound higher on optimism about demand from China and receding fears about supply growth. July copper futures in New York in late afternoon dealings were last trading at a two-month peak of $3.1420 a pound after earlier in the day hitting a high of $3.1555. The copper price has now recovered 6% since falling to near four-year lows in March although the metal is still down from $3.37 at the...
Miners’ time to rejoice: Rio Tinto hints at imminent end of downturn
May 13, 2014 12:22
Miners from Bogdanka coal mine, Poland |  Wikimedia Commons. World’s second largest miner Rio Tinto (ASX, LON, NYSE:RIO) sees the bad times for the industry finally coming to an end and says its top management will soon stop focusing on cost cuts to make room for growth alternatives, WSJ.com reports. Since assuming the company’s leadership in January last year, CEO Sam Walsh, 64, has taken several measures to build a more focused and accountable business, including...
True Gold completes water infrastructure in Burkina Faso
May 13, 2014 12:18
Gold ore processing plant in Burkina Faso. Source: Youtube. True Gold Mining (CVE: TGM) announced Monday the construction of the fresh water reservoir on the proposed Karma gold project site is now complete. The reservoir will provide sufficient water for the Vancouver-based junior company’s construction and operational needs, as well as for local communities in Burkina Faso. The Karma project site is located on the north of Burkina Faso and is expected to produce 97,000 ounces of gold...
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