Mining Exploration News

• Australian Mining Company, Oz Minerals Reported Copper And Gold Production Still on Target July 27, 2010
  Oz Minerals, Australian mining company, reported copper production this year in accordance with the target set by the company. Copper production target of 100,000 to 110,000 tonnes. Production of copper miner Hill there has reached 28 236 tons, up 4 percent from a year ago, but down 11.5 percent from the previous quarter. Australian miner Oz [...] […]
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• DJ Newcrest Gold Production Up 26 percent in June Quarter July 27, 2010
  Newcrest Mining Ltd said Thursday gold production rose 26% in the three months to June 30 to 526,131 troy ounces on the previous quarter. The miner’s Telfer and Gosowong mines recorded record quarterly production but net cash costs rose to A$342/oz from A$310/oz, in part as a result of the initial high costs of production at [...] […]
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• POSCO and Vale Steel Plant Project Partners in Pecem City, Brazil July 27, 2010
  Vale, Brazilian iron ore mining company, announced that it has a joint venture with South Korea’s largest steelmaker Posco to build steel plant in the city of Pecem, Brazil. Shareholding agreement on steel plant to be built, Vale has a 60 percent stake, the South Korean steel company Posco has a 40 percent stock and 10 [...] […]
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