Tag: mining
Ferrous seeking strategic partner
Ferrous Resources Limited intends to form a strategic partnership with an investor by late April or early May of 2011 to support the development of a USD 4.2 billion iron ore project in Brazil. Talks are currently underway with five interested partners, which may include traders, mining companies
ArcelorMittal appoints Simon Wandke as CCO
ArcelorMittal has appointed Simon Wandke as the new Chief Commercial Officer of Marketing and Sales for its Mining division and a Vice-president of the company. Wandke will report to Peter Kukielski, Head of Mining and member of the Group Management Board.
Zuun Mod molybdenum project begins
Erdene Resource Development Corp has commenced its 4000m drilling program for molybdenum and copper as per the Khuvyn Khar Licence.
Gravity West acquires land
Gravity West Mining Corp. has announced that it has completed the transfer of the Saint Urbain Iron and Titanium Property claims into its name.
New Canadian nickel company
Two Canadian mining companies, Inco and Falconbridge, have announced a USD 12.5 billion friendly merger plan to create one of the world’s biggest metals producers.
Petrosea coal contract
PT Petrosea Tbk has signed a contract to mine both coal and overburden for PT Bukit Baiduri Energi in east Kalimantan, Borneo, Indonesia.