Tag Archive | "Australia"

Mongolia: Emerging Mineral Giant

Wednesday, June 23, 2010

The search for new mineral wealth is pushing to the far reaches of the globe. Mongolia, the neighbor to two of the world’s largest economies, Russia and China, is on track to have the largest copper mine outside of Chile. International mining companies are taking up increased interest in Mongolia, which suffers from poverty and a lack of modern infrastructure.

Australia’s Super Profit Tax Sparks Concern

Tuesday, May 25, 2010

Australia’s new “Super Profit” tax on mining companies may scare off investment and hurt the profitability of mining operations, say analysts. However, economists and government officials disagree. After billions of dollars worth of investments into molybdenum operations in Australia, how will this proposed tax affect the mining industry?

Strategic Alliances Seen as Option for Giant PNG Copper-Moly Project

Saturday, August 15, 2009

In answer to questions in Perth on the final leg of a Resources Rising Stars roadshow in Australian capital cities, Emery declared that while the debt to equity ratio for a large project costing about US$1 billion may be 60/40 the company would look at alliances and offtake partners as a means of softening the [...]

Moly Mines in China Iron Ore Sales Talks

Wednesday, August 5, 2009

Moly Mines Ltd. has sought to build a A$604 million molybdenum mine in Australia, is in talks with Chinese groups for iron ore sales accords from an adjoining deposit amid surging demand. For full story, click here

Thor Mining has expected report on Reducing Molyhill Costs

Sunday, August 2, 2009

Thor Mining PLC. declared investigation of alternatives to reduce capital and operating costs for the Molyhil tungsten-molybdenum development project in Australia’s Northern Territory continues and is expected to be finalised at the end of August 2009. For full story, click here

Moly Mines Targeted Production From Spinifex Ridge Iron Ore Project

Sunday, August 2, 2009

Moly Mines Ltd. declared that it is targeting mining pre-strip operations at the Spinifex Ridge iron ore project in Western Australia to begin late in the first quarter 2010 with production slated for July 2010. For full story, click here

Moly Mines has studied Iron-Ore Mine at Spinifex Ridge

Wednesday, June 10, 2009

Moly Mines has completed a maiden resource estimate for the iron-ore deposits at its Spinifex Ridge project, in Western Australia. For full story, click here

Ivanhoe Australia surged after big rhenium find

Tuesday, April 21, 2009

Shares in mining company Ivanhoe Australia have surged nearly 30 per cent after the company said its Merlin molybdenum-rhenium deposit could be worth as much $6.4 billion. For full story, click here

Ivanhoe drill finds highest grade molybdenum

Tuesday, March 24, 2009

Ivanhoe Australia reported to have confirmed that it has recorded the highest grade of molybdenum in the world at its flagship Queensland project. For full story, click here

Thor Mining waiting for Molyhill drilling results

Monday, March 16, 2009

Thor Mining PLC has reported net losses for the first half practically unchanged from a year earlier at £500,000 and is waiting for assay results from drilling at Molyhill in Australia’s Northern Territory in order to identify possible incremental mineralisation at the property. For full story, click here

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