Mining profits in British Columbia fell by nearly half in 2007 due to a drop in coal prices, reduced shipments and the impact of the soaring Canadian dollar, but rising coal and metal prices and increased investments are expected to reverse that trend this year. read more »
BHP Billiton Ltd shares hit a record high today amid speculation that Rio Tinto Ltd's largest shareholder, Chinese state-owned aluminium giant Chinalco, was preparing to take a stake in the rival miner. read more »
The devastating earthquake in China's Sichuan Province has not affected Sino Gold Ltd's Jinfeng gold mine but it is yet confirm whether families of workers have been injured. read more »
As Silver Standard anticipates the start-up of its first major mine late this year in Argentina, the company is confident of its liquidity and negotiations concerning mining export taxes.
Rio Tinto has already spent US$300 million on its Simandou iron ore project but the company still eyes investors from China to partner it as it moves to develop the 170 million tonne per annum mine.
Commodity analysts for French bank Natixis reckon that recent experience of markets in some base metals highlights that it only takes a minor change in sentiment/fundamentals to generate a very different price environment.
Despite silver bugs, who insist the price of silver has been artificially depressed, the second study by the Commodity Futures Trading Commission in four years finds no evidence supporting the allegations.
Mining Field: Crushers and RockbreakersArea: Crusher Selection (Rule#483)
Nearly all crushers produce a product that is 40% finer than one-half the crusher setting.
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