Ultimos Posts 1. 18/01/2010 19:15 - BHP approves $267m capex for Australian coal projects JOHANNESBURG ? Diversified giant BHP Billiton on Monday approved capital expenditure of $267-million to accelerate the development of a coal projects in Queensland. BHP Billiton would use the funds for development of the Caval Ridge project and Hay Point Coal Terminal expansion. The Caval Ridge project would produce 5,5-million tons a year of coking coal from the Caval Ridge mine a... 2. 18/01/2010 19:13 - Xstrata halts output at Australia mine over strike PERTH - Xstrata, the world's largest producer of thermal coal, said a strike at one of its Australian coal mines over a wage dispute has been extended by 24 hours and will significantly interrupt operations. The labour action at the Bulga mining complex in eastern Australia, which comes on top of a 48 hour strike over the weekend, will halt production on Tuesday but will not affect... 3. 18/01/2010 19:12 - SA might not reap full benefits of global mining rebound ? analyst JOHANNESBURG? Growing physical demand for commodities, a strong possibility of speculative buying and rising prices were expected to give the global mining industry a boost in 2010, but South Africa might not reap the full benefits of a rebound, a metals and mining analyst said on Monday. Frost & Sullivan analyst Wonder Nyanjowa said on Monday that while the extent of the global ec... 4. 18/01/2010 19:06 - Baja updates El Boleo's economics - Mexico Vancouver-based Baja Mining (TSX: BAJ) has updated the economics for its 70%-owned El Boleo copper project in Mexico's Baja California Sur state to include capex of US$889mn for annual output of 56,697t copper cathode, 1,708t cobalt cathode and 25,364t zinc sulfate monohydrate for the first six years of mine life. The project has a resource of 265Mt grading 1.50% copper equivalent ... 5. 18/01/2010 19:06 - Kinross Gold expects to produce 2.2Moz this year - Brazil, Chile Toronto-based Kinross Gold (TSX: K, NYSE: KGC) has issued a preliminary output guidance for 2009 and 2010 of 2.23Moz gold equivalent and 2.2Moz respectively. Both estimates are in line with previously stated guidance, the company said in a statement Friday. "As gold demand surged and prices hit record levels, Kinross delivered its highest-ever quarterly output in the fourth quarter... |
