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LIM focused on development this year as it rides out low-price market

Seasonal iron-ore miner Labrador Iron Mines (LIM) this week said in the face of a 30% drop in 62% iron-content iron-ore prices from January to June, it had not started mining operations this summer season, opting instead to focus on development...
1st August 2014

Moz to start exporting coal through Nacala by December

The Mozambican Ministry of Transport and Communications has reaffirmed that the country will start exporting coal from the Tete basin through the port of Nacala by December. This was made clear at the 32nd meeting of the Ministry’s Coordinating...
13th June 2014

BC First Nations to profit from Imperial Metals’ Huckleberry expansion

New revenue-sharing agreements will enable four First Nations in the Bulkley-Nechako area of British Columbia to benefit from the expansion of TSX-listed Imperial Metals’ Huckleberry copper mine. Economic and community development agreements...
21st May 2014

Kentz says Valerus acquisition strengthens its SA shale-energy hand

The African region of engineering and construction group Kentz believes it is strongly positioned for any future shale-gas extraction activity in South Africa, following the recent acquisition, by the London-listed group, of integrated oil and gas...
12th May 2014
Company Announcement

Caterpillar Upgrades Room and Pillar Mining Equipment Manufacturing in Pennsylvania PDF Available

Caterpillar is updating and upgrading room and pillar mining equipment manufacturing facilities in Houston, Penn. The facility, located south of Pittsburgh, currently manufactures continuous miners used in underground coal and soft rock mining,...
8th April 2014

Shale gas unlikely to go global quickly – BHP’s Mackenzie

BHP CEO Andrew Mackenzie Despite the rapid growth of the US shale gas industry, coal will remain the dominant global fuel source for years to come, the CEO of the world’s largest diversified mining company, BHP Billiton said this week. In a speech delivered at the...
5th March 2014

LIM continues on downward spiral

The TSX-listed stock of Labrador Iron Mines (LIM) on Tuesday continued on its downward spiral, losing 18.92% in morning trade, after the company last week announced that it would need about C$30-million in additional capital to be able to...
18th February 2014

India’s OVL eyes oil sands assets in Canada

ONGC Videsh Limited (OVL), the overseas arm of Indian oil exploration and production major ONGC Limited, was scouting for oil sand assets in Canada, marking a beginning by setting up an office in Calgary. According to a senior ONGC official, the...
24th January 2014

BHP's growth assured - Mackenzie

Mining giant BHP Billiton chief Andrew Mackenzie has punted the company’s growth projections to shareholders in Houston, saying that growth of some 16% in copper equivalent terms, was expected over the next two years. On the first day of the...
10th December 2013

Labrador Iron Mines slightly narrows q-o-q net loss

Canadian direct-shipping iron-ore producer Labrador Iron Mines (LIM) on Friday said it had slightly narrowed its quarter-on-quarter loss, as higher iron-ore prices were offset by lower grades from its James mine, and by higher ocean freight...
16th November 2013

LNG restructures board, searches for US-based project director

Perth-based Liquefied Natural Gas (LNG) on Friday unveiled a new board and management structure to assist the company in the delivery of its Magnolia project in the US. Paul Bridgwood and Norman Marshall would step down from the board on November...
8th November 2013
Company Announcement

Clariant Oil and Mining Services Opens Global Headquarters in Houston, Texas PDF Available

• New facility expands on company’s investment in North America • Campus features state-of-the-art laboratories for advanced Oil and Mining technologies • Unique new assets and capabilities to offer outstanding products and services Clariant, a...
27th September 2013
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