It might be harder to source tantalum capacitors in the next couple years. Sharp cutbacks in tantalum ore mining could lead to supply tightness in tantalum capacitors in 2011 and 2012, according to a new report. The problem is that a lot of tantalum production has ceased because of low …
THE GOVERNMENT has allowed a British miner to fully own and operate a gold and molybdenum mine in Northern Luzon, the fourth such arrangement under a landmark law that allowed foreigners to exploit the country’s mineral resources. The Office of the President granted the local unit of London-based Metals Exploration …
TTM Resources Inc. has laid out a timeline to develop a $1-billion molybdenum mine in B.C.’s Northern Interior: Hoping for a construction start in 2012. However, that will depend on a regulatory review process – expected to involve both the B.C. and federal governments – that can last two to …
In another instance of growing Chinese investments in the world’s resources sector, Australia’s Moly Mines reached an agreement yesterday with Hanlong Mining Investment Pty Ltd, a subsidiary of privately owned Chinese company, Sichuan Hanlong Group Co Ltd (Hanlong) for a $700-million equity and debt funding for its Spinifex Ridge project …
Callinan Mines has begun an extensive exploration program in the Snow Lake area of Manitoba. As part of the program, the company will conduct geophysics, surface sampling and drilling on its Berry Creek property, and the recently optioned Jean Lake and Watts River properties. Under an option agreement, Callinan has …
Kenya’s hope for titanium billions were shattered on Thursday after the Jinchuan Group – the Chinese company that was to buy a controlling stake in the mines from Canada’s Tiomin Resources — abandoned the deal, citing lack of full disclosure by the vendor. Jinchuan, the state-controlled mining giant, said the …
Moly Mines Ltd., seeking to build a A$604 million ($511 million) molybdenum mine in Australia, is in talks with Chinese groups for iron ore sales accords from an adjoining deposit amid surging demand. “We are getting a knock on the door from a Chinese party about once a week now,” …
A foreign miner has placed a performance bond as part of its application to have a Financial or Technical Assistance Agreement (FTAA) with the government for its mining project in the Philippines. “Metals Ex (Metals Exploration Plc) submitted a bond of P175 million,” mines bureau chief Horacio Ramos told reporters. …
Vancouver-based Taseko Mines Limited has increased copper production in the second quarter of 2009 by nearly 50 per cent over the same period last year. Taseko’s Gibraltar Mine, located in the B.C. interior, produced 19.1 million pounds of copper and 217,000 pounds of molybdenum, the company said in a release. …