Indian government should relook captive mines policy - FIMI

The Federation of Indian Mineral Industries (FIMI) has urged the Indian government to relook the entire policy of granting captive mines to steel and aluminium companies, claiming it stymied the growth of standalone resource mining companies in...

Benga coal project, Mozambique

Rio Tinto has put the first coal through Benga's new coal preparation and handling plant, ahead of its first coal shipment.

Off to the main board for New Millennium and Prophecy

Two mining juniors are quitting kindergarten for big school on Wednesday, with iron-ore developer New Millennium Iron Corp. and Prophecy Coal, which has assets in Mongolia, both announcing approval to graduate to the TSX main board. Both had been...

New Millennium to migrate to main TSX board

New Millennium Iron has conditional approval to move its listing up to the TSX from the Venture exchange, it said on Tuesday. “We are pleased to be closer to our goal of a TSX listing, which will increase the visibility of New Millennium and...

Indian Mining Companies Flex their Muscles

Intierra Resource Intelligence notes that by mine output, India is the fourth largest producer of zinc, and the sixth largest producer of lead. However, the actual impact of Indian commerce on global mining is felt far more widely.

Mozambique is new coking coal focal point

Mozambique is a new focal point of coking coal. Some, like Rio Tinto chairperson Jan du Plessis, see Mozambique’s Tete province as a potential second Bowen basin, the coal jewel which has made Australia’s Queensland province so rich. The...

Mozambique is new coking coal focal point

Mozambique is a new focal point of coking coal. Some, like Rio Tinto chairperson Jan du Plessis, see Mozambique's Tete province as a potential second Bowen Basin, the coal jewel which has made Australia's Queensland province so rich.

New Millennium to start build DSO camp this month

New Millennium Iron on Wednesday said it had received a surface lease permit from the Newfoundland and Labrador government for its direct-shipping ore iron project, and it would start building the camp by month-end. The surface lease application...

New Millennium eyes top Canadian iron miner title

Companies in Canada’s Labrador Trough could be producing 100-million tons to 150-million tons of iron-ore yearly in the next 10 to 15 years if they carry out their plans, New Millennium Iron CEO Dean Journeaux said on Tuesday. To put that in...

New coal mine open in Mozambique

Brazil-based mining company Vale has opened a $1.7-billion coal mine in Mozambique, which will tap into the Southern African country's thermal and coking coal reserves of about 23-billion tons, reports advisory and consultancy services company...

Northern Iron subsidiary inks offtake deal with Tata Steel

ASX-listed Northern Iron on Monday reported that its wholly-owned Norwegian subsidiary Sydvaranger Gruve AS had signed a long-term offtake agreement with Tata Steel. Sydvaranger would supply a minimum of 2.5-million tons of iron-ore from its...

Rio Tinto extends Riversdale offer to June 17

Diversified miner Rio Tinto said on Friday that it had extended its A$16.50-a-share takeover offer for ASX-listed Riversdale Mining by a further two weeks to June 17. The offer period would not be extended any further, the mining giant said in a...