Mining Blog

Low-risk Energy Department cumulate business organization

2012-03-18T12:34:00.000-07:00

Incoming this in progress turbulent food market environment, we counselor the comparatively low-risk Energy Department cumulate business organization constructions of the large-capitalization integrateds, with their fortress-like counterpoise sheets, full free people hard currency flows even in a low oil price environment and growth dividends. Our favourite describe in this grouping corpse stripes Corp. (:CVX).

Its incumbent oil color and chew the fat maturation jut pipeline makes up among the most estimable stylish the industriousness, shooting a line macroscopical, multiyear juts out. Additionally, Chevron possesses unmatchable of the most levelheaded counterweight mainsheets amongst matches, which assistants it to take advantage on investment funds opportunities with the alternative to brand strategic attainments.

The in progress oil Mary Leontyne Price environment ought also benefit producers, particularly those internationalistic musicians causing beautiful maturation opportunities incoming their family commercializes. Nonpareil such jump constitute costs PetroChina companionship determined (:PTR), which corpse well-placed to benefit from the nations getting appetence because Energy Department and the swing about fashionable commodity termses. PetroChina -- unitary of cardinal Chinese incorporated inunct companionships -- costs equanimous to take advantage of the commonwealths astonishing profitable increment that consumes significantly enhanced they are necessitate since oil color, elemental chatter and chemicals.

Within the oilfield helps mathematical group, we comparable Halliburton keep company (:HAL). We are a sports fan of the Sam Houston, Texas-based participants directing lieu fashionable the orbicular oilfield helps grocery store, thems blanket and technologically-complex mathematical product/help offerings, and they are big-shouldered financial visibility. The companionship births cost benefiting by increased natural action stylish the far-out shale brings fashionable in the north United States of America, which experiences further than made upward because the drop down in deepwater disconnection of Mexico bodily process and disturbances stylish northland Africa.

Denbury resourcefulnesses Iraqi National Congress. (:DNR), a extending CO2 ‘increased inunct convalescence’ (:EOR)-concentered companionship placing a great bewitching grocery, costs besides a cover cream. With they are unequalled profile, obligating political economy and an unmatchable substructure, Denbury embodies nicely placed to fork out long-term sustainable increment. Further positives for Denbury include a secure financial military position, low-risk investitures and an alive divestment policy.

Foster, we remain optimistic on the near-term prospects of South African petrochemicals group Sasol Ltd. (:SSL). We like Sasol for its diverse portfolio of assets that produce a wide array of chemical and liquid fuels. The company specializes in gas-to-liquids (:GTL) and coal-to-liquids (:CTL) technologies, which convert natural gas and coal to diesel and other liquid fires.

Freshly, these engineering science* cause cost drawing in attention because they bring home the bacon an mutually exclusive to orthodox embrocate. To boot, Sasol’s deleveraged counterweight mainsheet and inviolable cash locating goes on the chemical group well-equipped to weather the spherical efficient surprise and fund its growth program in tough credit markets.

Canada's biggest energy firm and the largest oil sands outfit Suncor Energy Inc. (:SU) is also worth a look. We like the company’s impressive portfolio of growth opportunities, unique asset base and high return potential in the long run. Suncor has significant oil sands and conventional production platform, huge long-lived oil-sands reserves and a robust downstream portfolio.

The company's asset base includes substantial conventional reserves and production at offshore Eastern Canada and in the North Sea, which generate strong margins and should provide free cash flow to fund future oil sands expansion.

Finally, despite the depressing lifelike bluster fundamentals and the graspable reluctance during the investors’ component part to duck their human foot* into these broths, we would counselor-at-law to opt because EOG resourcefulnesses Iraqi National Congress. (:EOG), a former natural gas exploration and production (E&P) company that has made significant headway into the more profitable oil space with the introduction of the commercial viability of shale oil.

Cobalt Coal Ltd Contact Information

2011-07-30T07:01:00.000-07:00

Cobalt Coal Ltd.
Al Kroontje
Director
403-607-4009
al@kasten.ca

Cobalt Coal Ltd.
Robert Gillies
CFO
403-538-8455
bob.gillies@sympatico.ca

Cobalt Coal Ltd.
Mike Crowder
President & CEO
304-436-2390
mike@newtechmining.com

David Rutledge says world coal estimates are too high

2011-07-30T06:58:00.001-07:00

Policy makers should plan for higher fossil fuel prices, they added, and to “make maximum possible investments in energy efficiency and renewable energy infrastructure,” such as solar and wind. These actions could help countries, write the Nature comment article authors, prepare for the end of cheap coal.

David Rutledge says world coal estimates are too high

Eight miners have been killed in coal mining

2011-07-30T06:53:00.000-07:00

Has been reported by the federal mine safety Regulator said that eight miners killed in coal mine operations, and six in metal and non metal sectors this year until the end of June.
The u.s. Department of Labor Mine Safety and Health Administration released a summary of the mid years of mining deaths in the country.

"Death can be prevented," he said. "They are not an inevitable by-product of mining."
"Although the number of mining deaths for the first half of this year at an all time low, a single mining deaths still one too many," said Joseph a. main, Assistant Secretary for mine safety and health.
Of the eight coal mining deaths, three people resulting from the accident engine. Two miners were killed in the crash of the collapse of ribs, two miners died in the crash-powered transport and one of the miners killed in accidents fell. Two of the eight fatalities involved contractor.
MSHA said it had taken action to identify mine with the issue of occupational health and safety, and has started several enforcement initiatives including "rules to Live By," Prevention Program's death highlights health and safety standards are most often cited during the investigation of fatal accidents.
Of the six victims in metal and non metal mines, two miners died as a result of collapsing roof. A miner was killed when he was hit by sliding material, one miner was killed in a crash the machine, one of the miners lost their lives in accidents and other powered transport of miners killed in accidents fell. Two of the fatalities involved contractor.

Linc’s exploration was limited to searching for coal

2011-07-30T05:51:00.000-07:00

“There may be a UCG opportunity there but that’s not what we’re looking for,” he said.

“There doesn’t need to be any angst or anyone worrying about their farm being lost.”

Talks over the use of Mr Burnett’s land have stalled on the issue of compensation.

Mr Burnett said he held grave concerns over the project, in particular the prospect of contamination of the Great Artesian Basin which is the primary water source for towns and properties in the North West.

“I don’t think people realise the value of the Great Artesian Basin,” Mr Burnett said.

In UCG, holes are drilled under the water table and into deep coal seams before coal is converted to gas through combustion.

UCG company Cougar Energy was recently ordered by the State Government to permanently shut down its project in Kingaroy after the carcinogenic chemical benzene was detected in groundwater monitoring bores.

Mr Bond said Linc Energy did not use benzene in its UCG operations.

Mining company abandons Otways coal plan

2011-07-30T05:42:00.000-07:00

A mining company has abandoned plans for brown coal exploration in south-west Victoria because of community opposition.

More than 250 residents gathered in the Deans Marsh town hall last night to question the managing director of Mantle Mining, Ian Kraemer, over the plan to explore for brown coal, south-east of Colac.

The company had wanted to explore a 500 square kilometre area in the region.

However, residents feared mining would damage the environment and lower property values.

Mr Kraemer called for a vote.

"If a raise of hands show me you're against it, I will walk away," he said.

After a unanimous vote against the proposal, Mr Kraemer abandoned the plan.

Protest organiser, Seona Gunn was stunned.

"I'm feeling quite flabbergasted.

I thought we would have a really good fight on our hands," she said.

Mr Kraemer says the decision it as an obvious decision.

"The social issue here has become obvious that there would be very little support for an exploration license," he said.

"We have a responsibility to the community, to the environment and to our shareholders, and it's obvious to me to make the decision that there is not a road forward here." Residents will still lodge formal objections in case the application is not withdrawn.

Source:http://au.finance.yahoo.com/

Hong Kong-listed G-Resources Group for gold mining project

2011-07-30T05:10:00.000-07:00

G-Resources complete list of backdoor in Hong Kong two years ago, which saw Hong Kong listed shell company Finance Energy Smart Rich obtained gold Martabe silver mining project and all of OZ Minerals Australia. This acquisition was followed by a fundraising exercise including placement $ 257.000.000 stock to a group of investors runway, sales by $ 250 million worth of shares to investors associated with the company and the placement of $ an estimated 80,000,000 to institutional investors.

Together, sharing the left about 95% of Rich Smart in the hands of the new shareholders and the company later changed its name to G-Resources.
Hong Kong registered G-Resources Group, which is in the process developing gold mining and silver in greenfield Indonesia, on Wednesday raised HK $ 1690000000 ($ 217 million) from the sale of new shares in early May after saying that the project would cost about 30% higher than previous estimates.
Morgan Stanley is a placement agent for that whole package fundraising and also acted as sole bookrunner for the top-up placement Wednesday.

Stock prices have been strengthened around 76% during the last 12 months as the company has been making progress on the construction of the first mines. Shareholder base, however, still quite concentrated and the placement of new investors give the opportunity to gain exposure as well. G-Resources has committed not to issue new stock for six months in advance.

This will put the total cost of $ 576.000.000. The company initially said that it intended to fund the additional costs through new bank facilities $ 250.000.000, but when the opportunity to raise more equity presented itself, decided to take profits.
The placement was launched on Wednesday morning, Hong Kong time, after the stock was suspended from trading. The company initially offered approximately 2310000000 shares with the option to allow client transactions with 502.200.000 shares further, or close to 10%. The price was shown between HK $ 0.59 and HK $ 0,62 per share, which translates into a discount of 6.1% to 10.6% compared with the closure Tuesday of HK $ 0.66 and under range is proportional to the size of the deal from about $ 175 million.
The fact that the price of spot gold is trading at a record above $ 1,600 per ounce is one of the contributing factor and, earlier this week, the G-Resources also reported an increase in gold and silver resource base in Indonesia, mining project named Martabe. New discoveries directly to the East of the main holes and increases resource estimate of gold with 233.000 ounces to 6.730.000 ounces of silver and resources with 2.11 million oz to 68.310.000 ounces.

Meanwhile, after a delay due to relocation processing facilities, the company is getting closer to the beginning of production. Currently, the start date is scheduled for December this year, which is based on historical performance by mining companies, other shows greenfield rerating stock could be on the cards for the near future because the transition from pure exploration and development to production.

Partly in the light of this, Morgan Stanley and UBS have both upgraded their stock price target for G-Resources in the last few days by 10 cents HK respectively, showed a 15% and 21% respectively in reverse from current levels.

However, the bookrunner has mengetuk-ngetukkan an anchor much support and basic agreements covered about 75% at the time of the launch, which gave the momentum offer strong from the start. Late afternoon, investors were told that the deal will be at least partly upsized and when the book is closed there is enough demand to implement the option allows the customer in full.

This prompted the deal for the size of approximately 2810000000 shares, or 20% of the share capital, which is the maximum company might sell it without asking for additional approval from shareholders.

The price was fixed only from the bottom of the range at HK $ 0.60 for discount 9.1%.

There is a demand from traditional asset managers as well as resource-focused funds and hedge funds and more than 40 investors are said to have participated in the deal. The buyers included both shareholders and new investors to the name.

Mining Job Vancouver, BC Underground Mining Engineer

2011-07-28T09:10:00.000-07:00

Relocation assistance available
Are you an underground mining Expert who is willing to take the lead? Are you a leader who likes to remain hands on? Do you have the technical skills and desire to mentor others?
We are looking for someone who is an expert in ungrounded mine Design, Scheduling, Costing and Optimization using modern software and modern mining techniques.
Skills
Strong technical background in Metamorphic rocks or known as Hard Rock Mining
Excellent skills in ungrounded mine Design, Scheduling, Costing and Optimization
Skillful in the use of major mine software

Good business development skills
Good interpersonal skills
Requirements:

Degree in Mining Engineering with a Professional Engineering designation
15 years or more underground Hard Rock Mining engineering and operations experience
A network in Canada or North America

This company has a reputation of having some of the highest caliber Mining Engineers in the industry. This firm can offer you a variety of mining projects and still have the able to live in a major center such as Vancouver
jmoore@dg.ca

Mining Job CareerAvenue USA Senior Underground Mine Planning Manager

2011-07-28T09:05:00.000-07:00

ESSENTIAL REQUIREMENTS:
• Narrow vein conventional and trackless mining experience essential.
• A recognized Bachelor of Engineering Degree in Mining
• Minimum of 10–15 years experience in an underground mining environment
• Ability to use mining software M24D/Gemcom and Surpac
• Mine design
• Capital project feasibility studies
• Resources and reserves
• Physically fit to handle long hours and demanding work schedule

Mining Job CareerAvenue Maintenance Manager GCC Mines & Works

2011-07-28T09:03:00.000-07:00

SKILLS REQUIRED:
• Planning:
o Manpower Planning.
o Prepare yearly working cost budgets.
o Plan to provide services - electricity, compressed air, water etc.
o Identify areas for capital improvement.
o Assist Project Engineer with all approved capital work.
o Schedule maintenance and replacement of all machinery.
o Prepare emergency procedures (e.g. flooding. power outages, amongst other ongoing Risks identified).
o Ensure critical spares are identified to reduce risk to production and ensure these spares are available to ensure continuous operations

• Organising: Structure department to perform the work most effectively; Define subordinates accountabilities; Delegate authority commensurate with accountability to subordinates.
• Leading: Make decisions required to meet production targets; Motivate workforce; Develop and train subordinates.
• Controlling: the Engineer must ensure adherence to applicable regulations and company policies and procedures; The Engineer shall carry out specific legal examinations as required.
• Design: Identify opportunities for improved design on all Fixed plant installed
• Commissioning: Bring into running order all and new and overhauled equipment and processes to operate within their designed specifications and procedures.
• Maintenance: To manage the planned maintenance of all machinery and equipment in the specific area of responsibility. Ensure that sufficient spares are available for all major equipment
• Equipment Operation: Ensure that all equipment and machinery operates within the designed and legal requirements.
• Advice and service: To provide mining and other service departments with engineering advice.

Urgently require a Quarry Plant Manager Road Construction

2011-07-28T09:01:00.000-07:00

Skills / Qualifications Required
The ideal candidate will be a hands on site guy on Quarries with 5-10 years’ experience on the management of quarry plants extracting materials that would be associated with the construction of Roads/Highways
Experienced in managing large quarries
Familiar with the operation, materials grading and quality control.
Vast know how in the crushing equipment, its maintenance and repairs.

Contact Name: Inelek
Contact Phone: 0215565236
Preferred method of contact: E-mail via Apply Online Box
Company: Inelek
Job Title: Quarry Plant Manager
Job Location: Accra - Ghana
Employment Category:

Construction
Mining

Employment Type: Contract
Yearly Salary: 60000 USD
Job Reference Number: 002
Posted: 2011-07-25

The Q2-2011 diamond drill program

2011-07-28T08:40:00.001-07:00

The Q2-2011 diamond drill program was targeted to follow-up on some near-pit exploration results achieved in diamond drilling campaigns conducted in 2003-05 and 2007. A total of 847.5 metres in three diamond drill holes were collared less than 100 metres north of the ultimate pit wall. The program was limited to three diamond drill holes primarily based on a brief period of availability of a diamond drill rig and crew in the area of the mine. Results from the 2003-05 and 2007 drilling and locations of these drill holes are illustrated in Figure 1 - Surface Plan Anaconda Mining Pine Cove Mine, Figure 2 - Cross Section 295500E and Figure 3 - Cross Section 295550E.

New Ghana gold mine beats production guidance

2011-07-28T08:34:00.000-07:00

PERTH (miningweekly.com) − Gold miner Adamus Resources on Thursday reported that it had exceeded production expectations at its Nzema project, in Ghana, since commercial production was declared in April.

Total gold poured at Nzema came in 8% above the forecasted guidance of 26 015 oz for the three months to June. This was as a result of the higher-than-forecasted grade of 1.89 g/t gold, and a recovery rate of 92%.

The company’s focus during the three months had remained on achieving targeted head grades, plant availability and throughput rates, to bring about steady state production and realise initial gold production within the forecasted cash cost range.

“This has been a breakthrough quarter in Adamus’ strategy of building a profitable and sustainable gold operation,” said MD Mark Connelly.

He noted that the processing plant and infrastructure facilities at Nzema continued to meet design specifications and were performing well, with plant availability averaging around 93% for the month of June.

“The operational focus in the September quarter will be to continue to improve and optimise plant performance, improve daily mine extraction rates and ore grade mined. Cost management will also continue to be a focus across the business,” Connelly said.

Looking ahead, Connelly said that it expected to produce between 100 000 oz and 105 000 oz for the 2012 financial year, at a cash cost of between $550/oz and $600/oz.

Source: www.miningweekly.com

Metals developer Finders Resources $138m for Indonesian copper project

2011-07-28T05:30:00.000-07:00

International company Metal developer Finders Resources has appointed three banks to help set up $ 138 million for copper project in Indonesia, Wetar, MD Chris Farmer, Thursday.
He added that the three providers of financial services who is appointed after extensive selection process, and proven partner for mining projects around the world, particularly in Indonesia.

"The caliber of the bank in support of this project is a reflection of the mandate of the voice of Wetar economy."

The facility will be subject to credit approval, due diligence, completion of the documentation project finance and other typical prerequisites.

Copper project Wetar consists of two high grade deposits are suitable for the openpit mining. The project is expected to generate some 150 000 t of copper during the life of nine years.

Barclays Capital, Credit Suisse AG and Standard Bank has been assigned to manage the facilities-the term loan of $ 103-million, the facility cost $ 20-an excess of a million, and $ 15-million capital works.

"After a successful stage demonstrations that led to a positive bankable feasibility study, the Finders are on the verge of realizing our goals for commercial production. The designation is based on the momentum gained recently granting mining and processing, and release of the bankable feasibility study in June, "said Farmer.

These funds will support project development plan, based on a feasibility study of Wetar bankable just finished, which confirmed the viability of a strong economy, and an estimated project value is now clean of $ 304 million.

Capstone Mining Corp Operational Highlights for the three and six months ended June 30, 2011

2011-07-28T00:21:00.000-07:00

The following is a summary of operational highlights for Capstone during the three and six months, respectively, ended June 30, 2011:

Production of 21.2 and 37.9 million pounds of copper contained in concentrates, respectively.
By-product production of 4.5 and 8.7 million pounds of zinc, 1.0 and 1.7 million pounds of lead and 479,690 and 847,396 ounces of silver in concentrates, respectively. Final gold production is not available since assaying is done off site, but is estimated at 6,842 and 9,437 ounces for the respective periods.

At Cozamin, remediation activities in the mine were completed in March, allowing production from the Avoca and 11E stopes to proceed at planned levels. This contributed to higher mined and processed tonnages for the second quarter relative to the first quarter.
At Minto, production exceeded expectations due to the successful implementation of pre-crushing for the SAG mill feed.
The implementation of contract pre-crushing starting in mid-April allowed mill throughput to exceed expectations. May mill throughput set a monthly record of 115,913 tonnes, or 3,739 tonnes/day, and June throughput has continued above plan.
Mill grades were higher than planned in the second quarter due to the delayed entry into the final stage of the Main Pit (Stage 5). Mining of Stage 5, originally planned for the first quarter, was completed in late-April with ore production slightly exceeding expectations. As a result, less lower grade stockpile material was processed in the second quarter.
Higher mill throughput and grade was partially offset by reduced mill recovery. The reduced recovery is partly due to higher throughput and attendant reduced retention time in the floatation circuit. However, issues with the efficiency of the scavenger flotation circuit have been identified and are being corrected, with measurable improvement seen by late-June.
Minto received the amended Quartz Mining License in April and Area 2 pre-stripping and development of the underground portal is proceeding.

Council focused on improving Canada’s mineral reserve )

2011-07-28T00:18:00.000-07:00

Fledgling nonprofit organisation the Canada Mining Innovation Council (CMIC) aims to reverse the significant decline of Canada’s reserves through its exploration initiative.

Government department Natural Resources Canada (NRCan) reports a reduction exceeding 80% in lead, zinc and silver reserves, while copper and nickel declined by over half in the past 25 years. Gold reserves in 2008 were around half those recorded in 1995.

“Reserves in Canada have declined substantially and continue to do so; however, this can be countered by putting technologies in place to better identify new ore deposits, both in remote and covered locations, and in deeper locations near existing infrastructure,” says CMIC executive director Tom Hynes.

Canada’s mining industry is a signifi- cant contributor to Canadian prosperity as it employs 308 000 workers in minerals extraction, processing and manufacturing, says the Mining Association of Canada economic affairs VP Paul Stothart. There- fore, development is crucial.

This year, the council aims to implement exploration initiative research projects, as well as define research priorities in its mining, processing and energy initiatives, establish research committees for the tailings and environmental steward- ship initiatives, and continue growth of its membership, which has grown substantially.

“The CMIC was established in February 2009 and is still in an active growth phase. It has increased its membership from 11 to 65 in the past year,” states Hynes.

The council intends to improve the competitiveness of the Canadian mining industry, which contributes about $75.2- billion to exports and some $40.3-billion to the country’s gross domestic product yearly, through the creation of additional research capacity by using virtual centres of excellence and interinstitutional and multidisciplinary collaborative research undertakings.

One such research undertaking was announced in January by the Oil Sands Tailings Consortium, which is a CMIC member. The initiative aims to advance tailings management and involves the NRCan, petroleum producer Imperial Oil, energy and petrochemicals group Shell Canada, sustainable energy company Suncor Energy, crude oil producer Syncrude Canada, diversified miner Teck Resources and Calgary-based energy company Total E&P Canada.

This initiative is intended to foster innovation and collaboration in research and development in the tailings field.

“The issue is not whether we can manage tailings – the issue is whether it can be done better. This relationship is a critical step towards tailings solutions that will accelerate reclamation, using the most advanced environmental measures,” said Shell oil sands development VP John Broadhurst.

The companies have agreed to make tailings technical information more broadly available to industry members, academia, regulators and others interested in collaborating on tailings solutions; to collaborate on tailings-related research and development and technology among companies and with research agencies; to eliminate monetary and intellectual property barriers preventing the use of knowledge and methods related to tailings technology and research and development; and to work to develop an appropriate framework so that tailings information is organised, verified through peer review and kept current.

“This is a tremendously positive step for research into improved technology for managing tailings. These companies are to be congratulated on their foresight and willingness to work together in this way,” said University of Alberta engineering dean Dr David Lynch.

Further, Hynes explains the CMIC is a partnership between industry, govern- ment and the research community, as each group is necessary for the success of the council’s endeavours.

For the rest of this article, please go to the MiningWeekly.com website: http://www.miningweekly.com/article/council-focused-on-improving-canadas-mineral-reserve-2011-07-22

Indigenous shared commitment to produce and provide long-term sustainable energy for future generations

2011-07-27T23:45:00.000-07:00

Indigenous peoples and Government representatives from around the world will gather for a meeting on the development of resources in a spirit of shared commitment to produce and provide long-term sustainable energy for future generations.

"Consistent with the First Nations rights and our responsibilities as stewards of the land, then we will begin to map the new economic relationships of indigenous peoples which First Nations can and will lead to build our own economy and contributing to Canada's economy in a manner that respects the environment and provide a sustainable future for all citizens of Canada," said the Assembly of First Nations (AFN) National Chief Shawn A-in-chut Atleo, which will be co-chairs of the SUMMIT with a Keel of Jefferson, the President of the National Congress of American Indians (NCAI).

"We look forward to continuing our work with Keel President and Chief of the NCAI on energy and the environment, justice and border issues and I look forward to the new discussion among the indigenous peoples globally about how our work together can exceed the limit."

Energy Mining and International indigenous peoples SUMMIT took place at the Niagara Falls 27-June 29, will bring together key representatives of indigenous peoples globally and the Government. Representatives from the United States, China, Brazil, Germany and the private sector and the community will gather to discuss best practices, partnership opportunities, and eventually founded the Virtual Institute of energy and mines First Nation. Indigenous delegations and the representative of Brazil to Nunavut will reaffirm their rights to participate in the development of natural resources.

"In Canada alone, it is estimated that there will be a $ 400000000000 worth of mineral resources development projects in the coming years that affected the region First Nation. This will be very important for projects, and economy of Canada, that First Nations people and the concerns addressed, "said National Chief Atleo."There is also potential for our Residents to be the leading provider of long term energy and environmental security. Ensure that North America can rely on the energy production in the country that have little or no impact on the quality of air and water "

Guest speakers include: Anthony Hodge, President of the International Council on Mining and metals; Ernesto Sirolli, advocacy for sustainable indigenous communities; Nunavut Deputy Prime Minister Peter Taptuna; Ian Anderson, CEO Of Kinder Morgan Pipeline; and 80 other speakers from around the world.

"Our Society can be a full partner in the construction of the pipeline to power lines, of precious metals of potassium to," added the head of the national Atleo. "With the partnership comes full participation of the Division of ownership, income from employment to concern for the environment. We should be involved early and often involved on projects, and the Summit is an example of this principle in action. "

For more information about the International Indigenous Energy and Mining Summit please visit www.afn.ca.

Assembly of First Nations is a national organization representing First Nations citizens in Canada. AFN and Chief Atleo is on Twitter. Follow @ AFN_Updates, @ AFN_Comms and @ NCAtleo.

Rarely land element of the price increases have affected their profit margins

2011-07-27T23:44:00.000-07:00

For end users rarely land element of the price increases have affected their profit margins. The price for many elements of the burst, and companies like Sumitomo, Toyota (NYSE: TM), and Hitachi is looking for non-Chinese companies rarely lands to secure supplies in the future. Pictures for the supply chain, in the light of 2011 quota unchanged, like Ryan Fletcher declared, "the end user does not want to be on the will of this quota announcement twice a year, they want to choose their own destiny and secure their own supply."

The need for supply chain safe and predictable is the issue that both Fletcher and Hatch stressed it is very important for the end user of land is rare.

"No one wants to be tied to a single source, there is no end-user wants to pay the price they have to pay now," said Hatch, adding, "we must diversify our sources of supply from a pragmatic point of view. Even events like the moderate earthquake in Inner Mongolia region to disrupt the supply chain of land rarely, just from a simple location, supply chain needs of companies outside of China will begin to operate. "

For the end user, the price of rare earth elements is unlikely to be resolved by a new round of export quotas. A decrease in the total supply or rare earth elements for years continue to "be a positive factor for junior miners in space," said Fletcher. Prices for the various elements, to all intents and purposes, should remain high. This should continue to be a contributing factor in the price of shares in the company of land mines.

Goldcorp Supports Acquisition Of Primero Mining Corp By Northgate Minerals Corporation

2011-07-27T23:00:00.000-07:00

GOLDCORP INC. today agreed to support the proposed transaction by which Northgate Minerals Corporation will acquire all of the issued and outstanding shares of Primero Mining Corp. The transaction will be effected through a plan of arrangement under the British Columbia Business Corporations Act.

Goldcorp controls 35.5% of the outstanding shares of Primero, and has agreed to vote its shares in support of the arrangement. Upon completion of the arrangement, Goldcorp will receive 46.7 million Northgate shares representing approximately 11% of Northgate’s outstanding shares.

Goldcorp is one of the world’s fastest growing senior gold producers. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

Australia’s Alumina says rising costs, demand to underpin alumina prices

2011-07-27T22:48:00.000-07:00

Alumina Ltd said it expects long term alumina prices to be underpinned by rising capital costs for constructing new refineries, as well as growing demand and the availability of bauxite.

Chairman Don Morley told Alumina’s annual general meeting that construction costs for alumina refineries have increased substantially.

“For example, recent expansions of alumina refineries outside China have averaged in excess of 1,000 usd per annual tonne of capacity,” he said.

In order to achieve a reasonable return on these higher cost facilities, long term alumina prices will have to go up, he said.

Morley also noted that costlier energy will hike production costs for both refineries and aluminum smelters, of which energy comprises about 30 pct of their direct operating costs.

“These factors support our positive outlook for long term alumina and aluminum prices,” he said.

London Metal Exchange prices averaged 1.25 usd a pound in the first four months of 2007 after averaging 1.17 usd in 2006, underpinned by continuing strong demand for aluminum in China where demand for the metal has soared 110 pct since 2000.

Alumina has a 40 pct interest in the Alcoa Inc operated joint venture Alcoa World Alumina & Chemical (AWAC) which has a global network of eight alumina refineries and two aluminum smelters.

AWAC’s refineries, with annual alumina production capacity of over 15 mln metric tons, represent about 20 pct of global capacity.

Information from: www.fxstreet.com

Strategies for Developing Preliminary OHS for Virgin Projects

2011-07-26T06:16:00.000-07:00

Cheryl has worked for several large mining contractors and primary producers, focusing on developing mine safety plans for new sites. This session will outline the strategies she uses for project managing the implementation of OHS systems and practices across new mine sites.

Sheryl Kelly
OH & S Superintendent
NRW CIVIL AND MINING CORPORATION

Beijing Sino-Confex International Conference & Exhibition Ltd

2011-07-26T06:15:00.000-07:00

The event has various sections within the Trade Show composed of Foreign Country Pavilions, a Chinese Government Area and dedicated Equipment Area. The Exhibition Area attracts attendees from the entire mining value chain from financing, exploration, trade, to equipment and services. To complement the event, CHINA MINING also arranges featured events such as cocktail parties, awards dinner, and mine site visits, with the intention of creating a casual atmosphere to network.

Beijing Sino-Confex International Conference & Exhibition Ltd

Julie Zhu, Media Coordinator

China

Phone: +86-10-64466855 - 607

Fax: +86-10-64465825/+86-10-58857006

Email: julie.zhu@sino-confex.com

http://www.sino-confex.com

AIMEX mining exhibition in 2011

2011-06-10T09:57:00.000-07:00

Reed Exhibitions has officially launched the AIMEX 2011-exhibition of mining of the Asia-Pacific region-which will be held at Sydney Olympic Park from September 6-9 next year. Held every four years, now in its fourth decade. Take 40,000 m2 of space in the Olympic Park, AIMEX 2011 will be held in conjunction with a number of related events in Sydney Sunday, ensuring that the city is a "must-visit" destination for those in the mining industry, from around Australia, the Asia-Pacific region, and further, said Soren Norgaard AIMEX Exhibition Manager with Reed Exhibitions Manager. "In 2007, AIMEX has more than 500 participants of the exhibition, and attracted more than 12,000 visitors-continuing the trend of solid growth in visitors," he said. "With global resources sector reflect back the very following the GFC [Global financial crisis], we expected a better response from participants and visitors to the 2011 edition. Already we have a very good response from exhibitors at AIMEX 2011, with the serious commitment of most of our major participants of the event, "said Norgaard."Period of AIMEX 2011 will be perfectly placed to suppliers of goods and services to the sector the resources to take advantage of a rebound in activity mining and commodity prices. "

“These plans include an AIMEX mining conference, plus we are working closely with key industry organisations who are keen to run their own events, seminars and conferences in Sydney during AIMEX week. AIMEX week in Sydney will be a unique opportunity for Australian and international suppliers of mining technology, equipment and servic
Norgaard said the show would again have a major international presence, with pavilions from the USA, China, India, South Africa, Canada, Germany, Chile, Poland and the UK. “Mining products and services suppliers from these countries see an event such as AIMEX as an ideal opportunity to promote themselves to one of the world’s major mining markets, and one that is undergoing sustained expansion and on-going demand for its commodities. We are also developing plans to cement AIMEX as a major destination event in Sydney, and the major mining event for the southern hemisphere in 2011.

Mining investment in Africa

2011-06-10T09:55:00.000-07:00

Global Commodity Outlook
Regulation & Risk in Africa
Analysis of the Country-the harmonization of State policy
The Government's strategy to promote mining sector
Royalty
The Mineral Ketertelusuran, Transparency & Regulations
Africa Regional Outlook
West Africa-Nigeria, Ghana, Guinea, Sierra Leon, Liberia
East Africa-Kenya, Ethiopia, Rwanda? Tanzania, Uganda
Central Africa-Angola, Congo, Zambia, Malawi
South Africa-Zimbabwe, South Africa, Botswana, Namibia, Mozambique

Mining Investment
Private Equity
Institutional Portfolio
Local vs foreign investment
Investor Panel-expand sources of funding
New Project Showcase
Due Diligence
Exploration trend
Get your project is accepted
Cultivation Of Capital
Explore the capital costs
Debt/Equity-equity financing mining
Financial Project
Mining Financial Mechanism
Joint Ventures
M & A activity
Sub-contractor
Capital Requirements

International Conference on Industrial Technology and Management 2011

2011-06-10T09:53:00.000-07:00

2011 International Conference on the industry
Technology and management (ICITM 2011)
10-12 June 2011
Chengdu, China

All conference papers will be ICITM 2011
published in IEEE ICCSIT process, which
will be included in IEEE Xplore, and indexed
by the Ei Compendex, ISI Proceedings and more
the indexing service.

Deadline for abstracts/proposals is March 15
2011.

Questions: icitm@vip.163.com
Web address: http://www.icitm.org/
Sponsored by: UESTC