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NEWS | Toronto, CanadaChina is taking a major stake in Teck Resources Ltd. in a $1.7-billion deal that will give the Canadian miner a partnership with the world's largest commodity buyer and much needed cash to reduce it debt load.
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NEWS | Sydney, AustraliaBillionaire Clive Palmer is broadening his reach in the resources sector after buying BHP Billiton's Yabulu nickel refinery and setting his sights on its mothballed $US2.2 billion ($2.8bn) Ravensthorpe mining operation.
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NEWS | Cape Town, South AfricaSome 277 workers have died in South African mines in the past year, almost half of them in illegal operations, Mineral Resources Minister Susan Shabangu said on Thursday. read more »
NEWS | London, U.K.Morgan Stanley has hiked its 2009 and 2010 copper price forecasts, partly because of a strong recovery in China, the world's largest consumer of the metal used in power and constrution. read more »
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Sun, 05 Jul 2009
Q2 operating results for what will be Africa's largest copper mine at Lumwana in Zambia are disappointing in that a number of targets are not being achieved in the mine's ramp-up stage towards full production.
Fri, 03 Jul 2009
Zimbabwe's Finance Minister says the Government is working on a new mining law which will include ‘use it or lose it' concept.
Fri, 03 Jul 2009
Top bank Morgan Stanley has increased its 2009 copper price forecast to $2.14 per lb and to $2.50 in 2010 as it reckons China's economic recovery will widen and deepen.
Sun, 05 Jul 2009
Austria's Erste Bank's latest Special report on Gold still rates the yellow metal positively as an investment. A minimally edited version of the introduction to this report is published below.
Fri, 03 Jul 2009
Centamin Egypt, which announced its first gold pour this week, is to raise USD26 million in a private placement at Cdn$1.56 a share at a small discount to latest stock price.
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Mining Field: Conveyors and Feeders Area: Feed and Feeders (Rule#317)
The horsepower requirements for apron feeders listed by manufacturers are generally low. They should be increased by a factor of 30 to 50% to take into account considerations like starting torque, starting when cold, when the bearings are sticky, and when the bearings become worn. read more »



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